$1,079,000

78 Abbott Ave Ocean Grove, NJ 07756

Estimated payment $7,198/month

Total Views 772
4 Beds
2.5 Baths
2,111 Sq Ft
$511 Price per Sq Ft

Highlights

  • Very Popular Property
  • Air Conditioning
  • 3-minute walk to Ocean Grove Park
  • Fireplace
  • Radiant Heating System

About This Home

Live your best life at the Jersey Shore. This is a home for all seasons & ready to deliver fun, relaxation & a lifestyle you deserve.Welcome to an extraordinary coastal residence that combines timeless design, modern versatility and a location just moments from the beach. Perfectly situated on a corner property, this home offers multiple levels of living space with thoughtful details throughout. Classic trim, moldings, and a welcoming fireplace bring warmth and character, while wraparound decks provide the ultimate setting for morning coffee, afternoon relaxation, or evening gatherings with ocean breezes. The primary suite serves as a private retreat, while additional bedrooms and baths ensure comfort for everyone. A standout feature is the third level, designed as a complete separate unit with its own kitchen, bedroom, bathroom and living room, ideal for extended family, guests, or generating rental income. Two full kitchens throughout the home allow for effortless entertaining and flexibility of use. Outdoor living is equally impressive. Expansive decks, lounge areas, and a quaint patio create the perfect backdrop for dining under the stars or enjoying the coastal lifestyle year-round. A basement provides valuable storage.

Offering instant gratification and the best of both worlds, this home is versatile enough to keep all to yourself or enjoy while renting part for added income. With its prime location, classic details, and abundant space, this property is a rare opportunity to own a piece of the shore with both elegance and functionality.

Listing Agent

Diane Notarfrancesco

Keller Williams Shore Properties License #0016574 Listed on: 09/07/2025

Keller Williams Shore Properties

Co-Listing Agent

Susan Staffordsmith

Keller Williams Shore Properties License #0674495

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,367

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 32 x 60

Home Design

  • Duplex

Interior Spaces

  • 2,111 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Neptune Middle School
  • Neptune Twp High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Radiant Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Ocean Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35-00244-0000-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,367

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Co List Office Mls Id: 3099
  • Co List Office Phone: 732-797-9001
  • Subdivision Name: Ocean Grove
  • New Construction: No
  • Year Built: 1900
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 32 x 60
  • Location Middle School: Neptune
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Cooling Multi Units: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Washer2: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Acres: 0.04
  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Radiant
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Radiant: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 32 x 60
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 35-00244-0000-00001

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 16367.0
  • Tax Other Annual Assessment Amount: 1141000.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Neptune Twp

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $16,367 $1,141,000 $518,100 $622,900
2024 $15,333 $952,100 $429,000 $523,100
2023 $15,333 $864,300 $546,800 $317,500
2022 $12,651 $747,200 $453,400 $293,800
2021 $11,968 $609,100 $383,200 $225,900
2020 $11,962 $573,700 $359,600 $214,100
2019 $11,968 $566,400 $365,600 $200,800
2018 $12,061 $564,900 $365,600 $199,300
2017 $10,509 $472,100 $287,600 $184,500
2016 $11,181 $501,400 $238,200 $263,200
2015 $11,011 $502,800 $325,600 $177,200
2014 $12,608 $473,100 $225,600 $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2025 09/07/25 For Sale $1,079,000 0.0% $511 / Sq Ft
05/23/2015 05/23/15 Rented $22,500 -10.0% --
05/28/2014 05/28/14 Rented $25,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Purchase History

Date Type Sale Price Title Company
Deed $575,000 --
Deed $475,000 --
Deed $133 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $394,000 New Conventional
Closed $394,000 Commercial
Closed $92,209 FHA
Previous Owner $350,000 Commercial
Previous Owner $106,000 Commercial
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22527105

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00244-0000-00001