$1,808,000
RENTED AUG 24, 2025

16 Abbott Ave Unit SUMMER WEEKLY Ocean Grove, NJ 07756

5 Beds
3.5 Baths
2,817 Sq Ft
$642 Price per Sq Ft

Highlights

  • Ocean View
  • Wood Flooring
  • Furnished
  • Lake Front
  • Victorian Architecture
  • 2-minute walk to Ocean Grove Park

About This Home

As of August 2025

September WEEKLY RENTAL -1st Beach Block @ $5600 Week. 5 BR's / 3.5 BAs w/OCEAN & LAKE VIEWS From 3 PORCHES. 1st Fl Features Fabulous Family Room w/Large TV, 1⁄2 BA, Living Room Boasts Huge Picture Window, Open Concept Dining Room & Eat-In Kitchen w/Adorable Back Porch w/Lake Views. 2nd Fl Find Huge Master EnSuite w/King Bed, Walk-In Closet, Massive Full BA w/Tub & Separate Shower. Great Office Space if Needed, Full BA & Spacious Landing Leads to 2nd-Fl Porch w/Unsurpassed Ocean Views. 3rd Fl Find Full BA + 4 Large BRs -2 w/Queens, 1 w/Full & Twin & Family/TV Room w/Queen Sofabed. Includes W&D, Linens, WIFI, 5 BEACH BADGES, Beach Towels & Chairs & Cart. $400 Cleaning $1500 Security. NO Pets or Smoking

Last Agent to Rent the Property

Thea Bowers

RE/MAX Gateway License #0787334 Listed on: 08/22/2024

RE/MAX Gateway

Last Renter's Agent

Thea Bowers

RE/MAX Gateway License #0787334 Listed on: 08/22/2024

RE/MAX Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,611

Year Built

  • Built in 1904

Lot Details

  • 1,307 Sq Ft Lot
  • Lake Front

Home Design

  • Victorian Architecture

Interior Spaces

  • 2,817 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Center Hall
  • Wood Flooring
  • Ocean Views
  • Partial Basement

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Porch

Schools

  • Neptune Middle School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • Association fees include trash, electricity, lawn maintenance, water, heat, sewer
  • Ocean Grove Subdivision

Listing and Financial Details

  • Security Deposit $1,500
  • Weekly Lease Term
  • Assessor Parcel Number 35-00247-0000-00002

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,611

Year Built

Built in 1904

Lot Details

0

Rental Info

  • Furnished: Yes, Furnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Reso View: Waterview
  • Reso Association Fee Includes: Trash, Electricity, Lawn Maintenance, Water, Heat, Sewer
  • Inclusions: Washer, Stove, Microwave, Refrigerator, Dishwasher, Dryer, Gas Cooking
  • Subdivision Name: Ocean Grove
  • Architectural Style: Victorian
  • Reso Flooring: Wood
  • Reso Interior Features: Balcony, Center Hall
  • Year Built: 1904
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info Pool: No
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.03
  • Location Middle School: Neptune
  • Cooling Central Air: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Exterior Lighting: Yes
  • Interior Balcony: Yes
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • Foyer Floor - Wood: Yes
  • Maintenance Fees Security Deposit3: 1500.0
  • Lease Requirements Security Deposit4: Yes
  • Furnished Full2: Yes
  • Furnished Yes: Yes
  • Lease Terms Weekly: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Fee Includes Heat4: Yes
  • Fee Includes Electricity3: Yes
  • Water Type Lake Front: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Main Level Bathrooms: 1
  • Total Bedrooms: 14
  • Stories: 3
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Family Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Other Rooms:Office2: Yes
  • Basement:Partial: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bedroom Walk-in Closet4: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bath Tub2: Yes
  • Primary Bedroom Full Bath2: Yes
  • Primary Bedroom Level Second39: Yes

Exterior Features

  • Acres: 0.03
  • Waterfront Features: Lake Front, Oceanview
  • Waterfront: No
  • Exterior Features: Lighting
  • Patio And Porch Features: Porch - Open

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Trash: Yes
  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Size Sq Ft: 1306.8
  • Parcel #: 35-00247-0000-00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2006
Sold by
Land Community Development Llc
Bought by
Gannon Matther
Current Estimated Value
$1,808,000

Purchase Details

Closed on
Jan 31, 1999
Sold by
Cushing Charlene
Bought by
Gannon Matthew and Gannon Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,100
Interest Rate
6.73%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gannon Matther -- --
Gannon Matthew $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bartlett Justin Blake $975,000
Closed Gannon Matthew $135,600
Closed Gannon Matthew J $128,000
Closed Gannon Matthew J $200,000
Closed Gannon Matthew $226,897
Closed Gannon Matthew J $275,000
Previous Owner Gannon Matthew $179,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2025 08/24/25 Rented $6,500 +16.1% --
02/22/2025 02/22/25 Price Changed $5,600 -5.1% $2 / Sq Ft
08/22/2024 08/22/24 For Rent $5,900 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,611 $1,601,600 $964,300 $637,300
2024 $19,484 $1,431,700 $677,400 $754,300
2023 $19,484 $1,098,300 $677,400 $420,900
2022 $18,226 $1,057,200 $643,900 $413,300
2021 $18,226 $877,500 $608,500 $269,000
2020 $18,477 $886,200 $608,500 $277,700
2019 $18,332 $867,600 $608,500 $259,100
2018 $17,507 $820,000 $608,500 $211,500
2017 $12,710 $571,000 $312,000 $259,000
2016 $12,640 $566,800 $312,000 $254,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22424437

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00247-0000-00002