$873,000
RENTED AUG 17, 2025

42 Abbott Ave Ocean Grove, NJ 07756

3 Beds
2 Baths
1,420 Sq Ft
$615 Price per Sq Ft

Last Sold October 15, 2018

Last sale price $562,000 $396 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,983/month

Highlights

  • Wood Flooring
  • Great Room
  • Eat-In Kitchen
  • Furnished
  • Porch
  • 1-minute walk to Ocean Grove Park

About This Home

As of August 2025

SUMMER RENTAL. Spacious 3 bdrm/2 bath home close to beach & Fletcher Lake. Ideal property for extended family as it is set up as 2 units for privacy. Main area has large, open living room/full kitchen w/ dining table for 4, sofabed, 2 bdrms (1 w/queen, 1 w/queen & twin) & 1 bath+washer/dryer. Lower area is separated by privacy door & includes 1 bdrm w/queen bed, fully stocked kitchenette (no stove), small living rm w/sofa & private exterior first fl entrance. A/C, wifi & 4 beach tags/supplies. Private front porch & grassy rear fenced yard space w/BBQ grill & patio table/chairs. $3,400 per week. Flexible dates. Dog considered w/$150 pet rent. $500 sec dep & $275 cleaning fee. No smoking on property. Pockets of availability June/July and September.

Last Agent to Rent the Property

Michele DeRose

RE/MAX Gateway License #1969530 Listed on: 11/11/2024

RE/MAX Gateway

Last Renter's Agent

Michele DeRose

RE/MAX Gateway License #1969530 Listed on: 11/11/2024

RE/MAX Gateway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,253

Year Built

  • 1966

Home Design

  • Split Level Home

Interior Spaces

  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Great Room
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Patio
  • Outdoor Gas Grill
  • Porch

Schools

  • Neptune Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating Available

Community Details

  • Ocean Grove Subdivision

Listing and Financial Details

  • Security Deposit $500
  • Weekly Lease Term
  • Assessor Parcel Number 35-00245-0000-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,253

Year Built

1966

Lot Details

0

Rental Info

  • Furnished: Furnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Stove, Ceiling Fan(s), Microwave, Refrigerator, Dryer, Gas Grill
  • Subdivision Name: Ocean Grove
  • Architectural Style: Split Level
  • Reso Flooring: Tile, Wood
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Location Middle School: Neptune
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • General Property Info Handicap Access: Yes
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Included Ceiling Fan(s): Yes
  • Kitchen Eat-In: Yes
  • Maintenance Fees Security Deposit3: 500.0
  • Lease Requirements Security Deposit4: Yes
  • Included Gas Grill: Yes
  • Floors Tile: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces3: 0
  • Furnished Full2: Yes
  • Lease Terms Weekly: Yes
  • Style Split Level: Yes
  • Allowable:Dogs OK: Yes
  • Special Features: None
  • Year Built: 1966

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Total Bedrooms: 9
  • Stories: 3
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Other Rooms:Great Room: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bedroom Level Third39: Yes

Exterior Features

  • Waterfront: No
  • Exterior Features: Other
  • Patio And Porch Features: Porch - Open, Patio

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: Multi Units
  • Cooling Y N: Yes
  • Heating: See Remarks, Other
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Parcel #: 35-00245-0000-00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2018
Closed on
Oct 23, 2018
Bought by
Herusso Eileen
Seller's Agent
Kevin Guilford
Burke&Manna Real Estate Agency
Buyer's Agent
Kevin Guilford
Burke&Manna Real Estate Agency
Sold Price
$562,000
Current Estimated Value
$873,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,000
Avg. Annual Appreciation
6.53%
Original Mortgage
$449,600
Outstanding Balance
$394,960
Interest Rate
4.85%
Estimated Equity
$478,040

Purchase Details

Closed on
Feb 4, 2000
Sold by
Gannon Matthew
Bought by
Heller Joel and Springer Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,500
Interest Rate
8.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 1998
Sold by
Tippe Marie
Bought by
Gannon Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.89%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Herusso Eileen $562,000 --
Heller Joel $159,900 --
Gannon Matthew $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herusso Eileen $449,600
Closed Herusso Eileen --
Previous Owner Heller Joel $118,500
Previous Owner Gannon Matthew $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2025 08/17/25 Rented $26,150 +669.1% --
11/11/2024 11/11/24 For Rent $3,400 -86.2% --
08/07/2024 08/07/24 Rented $24,650 +647.0% --
01/29/2024 01/29/24 For Rent $3,300 0.0% --
10/15/2018 10/15/18 Sold $562,000 -- $396 / Sq Ft
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 $16,253 $912,800 $529,200 $383,600
2024 $15,136 $945,500 $425,900 $519,600
2023 $15,136 $853,200 $542,900 $310,300
2022 $12,713 $751,400 $449,500 $301,900
2021 $12,029 $612,100 $380,000 $232,100
2020 $12,018 $576,400 $356,400 $220,000
2019 $12,029 $569,300 $347,400 $221,900
2018 $10,677 $500,100 $347,400 $152,700
2017 $9,102 $408,900 $284,400 $124,500
2016 $8,884 $398,400 $235,000 $163,400
2015 $9,680 $442,000 $322,400 $119,600
2014 $8,664 $325,100 $222,400 $102,700
Source: Public Records

Agents Affiliated with this Home

  • Michele DeRose

    Landlord's Agent in 2025

    Michele DeRose

    RE/MAX

    (732) 361-0770

    14 in this area

    22 Total Sales

    Michele DeRose
    Section Image

  • K

    Seller's Agent in 2018

    Kevin Guilford

    Burke&Manna Real Estate Agency

    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22432433

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00245-0000-00011

New Jersey Monmouth County Ocean Grove 07756

42 Abbott Ave, Ocean Grove, NJ

This home is located at 42 Abbott Ave, Ocean Grove, NJ 07756 since 11 November 2024 and is currently priced at $873,000. This property was built in 1966. 42 Abbott Ave is a home located in Monmouth County with nearby schools including Neptune High School, Hope Academy Charter School, and Our Lady of Mount Carmel School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes