$988,535 - $1,226,000
RENTED OCT 31, 2025

29 Olin St Unit 2 Ocean Grove, NJ 07756

2 Beds
1 Bath
1,632 Sq Ft
$695 Price per Sq Ft

Highlights

  • Water Views
  • Skylights
  • 4-minute walk to Greenleaf Park
  • No HOA
  • Central Air

About This Home

As of October 2025

ANNUAL RENTAL. Located 1 1/2 blocks from the beach, this home is close to town and a short distance from everything Asbury Park has to offer. The apartment is freshly painted and equipped with newer appliances including a dishwasher and washer/dryer. Add to this a private rear deck off the back and this is the perfect place to call home. Excellent credit, over 700 and proof of employment required. This home won't last!

Last Agent to Rent the Property

Lynn Bowne Merry

Jack Green Realty License #1110347 Listed on: 09/14/2025

Jack Green Realty

Last Renter's Agent

Lynn Bowne Merry

Jack Green Realty License #1110347 Listed on: 09/14/2025

Jack Green Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $16,525

Year Built

  • Built in 1964

Lot Details

  • 1,742

Interior Spaces

  • 1,632 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Water Views
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking

Schools

  • Neptune Middle School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • 1,742 Sq Ft Lot
  • Upper Level

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $3,750
  • Property Available on 10/1/25
  • Assessor Parcel Number 35-00147-0000-00016

Property Details

Home Type

Apartment

Est. Annual Taxes

$16,525

Year Built

Built in 1964

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2025-10-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Reso View: Waterview
  • Inclusions: Washer, Dishwasher, Dryer
  • Subdivision Name: None
  • Architectural Style: Upper Level
  • Year Built: 1964
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.04
  • Location Middle School: Neptune
  • Cooling Central Air: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2025-10-01
  • Maintenance Fees Security Deposit3: 3750.0
  • Lease Requirements Security Deposit4: Yes
  • Living Room Skylight7: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Appliances Included:Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes

Exterior Features

  • Acres: 0.04
  • Waterfront: No

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:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Size Sq Ft: 1742.4
  • Parcel #: 35-00147-0000-00016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2005
Sold by
Haun Russell G
Bought by
Walsh Ricca Philip A and Walsh Ricca Amy
Current Estimated Value
$1,134,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Outstanding Balance
$199,827
Interest Rate
5.67%
Mortgage Type
Commercial
Estimated Equity
$934,557

Purchase Details

Closed on
Oct 18, 1994
Sold by
Sosdian Evelyn
Bought by
Palaleo Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
8.78%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Walsh Ricca Philip A $535,000 --
Palaleo Julie $95,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Ricca Philip A $385,000
Previous Owner Palaleo Julie $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 Rented $30,000 +1100.0% --
10/21/2025 10/21/25 Under Contract -- -- --
09/14/2025 09/14/25 For Rent $2,500 -90.5% --
10/06/2021 10/06/21 Rented $26,400 +1100.0% --
09/20/2021 09/20/21 For Rent $2,200 0.0% --
09/14/2021 09/14/21 Off Market $2,200 -- --
09/13/2021 09/13/21 For Rent $2,200 +22.2% --
11/22/2019 11/22/19 Rented $1,800 0.0% --
09/01/2018 09/01/18 Rented $1,800 -- --
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 $16,525 $947,300 $596,000 $351,300
2024 $15,452 $961,300 $616,500 $344,800
2023 $15,452 $871,000 $659,000 $212,000
2022 $13,528 $640,700 $444,800 $195,900
2021 $11,976 $651,300 $500,700 $150,600
2020 $13,686 $656,400 $500,700 $155,700
2019 $11,976 $566,800 $420,700 $146,100
2018 $12,078 $565,700 $420,700 $145,000
2017 $11,963 $537,400 $403,200 $134,200
2016 $11,937 $535,300 $403,200 $132,100
2015 $11,653 $532,100 $403,200 $128,900
2014 $11,915 $447,100 $278,200 $168,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22527985

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00147-0000-00016