78 Lake Ave Ocean Grove, NJ 07756
Estimated payment $8,090/month
Total Views
19,784
5
Beds
4
Baths
3,425
Sq Ft
$350
Price per Sq Ft
Highlights
- Lake Front
- Wood Flooring
- Patio
- Lake On Lot
- 1 Fireplace
- 3-minute walk to Founder's Park
About This Home
This stunning multi-family home on the serene shores of Wesley Lake in Ocean Grove, offering modern luxury and coastal charm boasts 5 bedrooms, and 4 baths. Wake up to breathtaking views of Asbury Park, with its vibrant arts scene and energy, right from your doorstep.
The first-floor home features a lakefront living area, dining area, spacious kitchen, master bedroom, full bath, bonus room, and both enclosed and open porches for savoring morning coffee with picturesque views.
The second-floor apartment, with private entrance, includes a large gathering room, dining room, efficient kitchen, two full baths, and a bonus room adaptable for a home office or guest room. The wrap-around porch offers a serene outdoor space for dining or unwinding. The third-floor studio is a private sanctuary with a full bath, two rooms, and a wet bar dining area for luxury and versatility and is potentially accessible from first or second floor.
Enjoy Ocean Grove's historic charm and vibrant events, plus nearby Asbury Park's dynamic scene. This property is perfect for rental investment or multi-generational living. Schedule your tour today and discover this NJ paradise!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,403
Year Built
- Built in 1904
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 44 x 70
- Lake Front
- Fenced
Home Design
- Duplex
- Shingle Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 3,425 Sq Ft Home
- 3-Story Property
- 1 Fireplace
- Water Views
- Partial Basement
Kitchen
- Stove
- Dishwasher
Flooring
- Wood
- Ceramic Tile
- Vinyl Plank
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- No Garage
- On-Street Parking
Outdoor Features
- Lake On Lot
- Patio
Schools
- Neptune Middle School
- Neptune Twp High School
Utilities
- Central Air
- Furnace
- Heating System Uses Natural Gas
- Separate Meters
- Separate Water Meter
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Exclusions: Personal Belongings
- Assessor Parcel Number 35-00110-0000-00001
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $14,965 | $1,012,400 | $467,200 | $545,200 |
| 2023 | $14,965 | $843,600 | $481,100 | $362,500 |
| 2022 | $15,359 | $819,300 | $474,200 | $345,100 |
| 2021 | $10,960 | $739,500 | $474,200 | $265,300 |
| 2020 | $15,129 | $725,600 | $474,200 | $251,400 |
| 2019 | $10,960 | $518,700 | $282,800 | $235,900 |
| 2018 | $11,036 | $516,900 | $282,800 | $234,100 |
| 2017 | $11,021 | $495,100 | $278,400 | $216,700 |
| 2016 | $10,965 | $491,700 | $278,400 | $213,300 |
| 2015 | $11,338 | $517,700 | $309,600 | $208,100 |
| 2014 | $13,703 | $514,200 | $269,600 | $244,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Pending | -- | -- | -- |
| 07/02/2025 07/02/25 | For Sale | $1,200,000 | 0.0% | $350 / Sq Ft |
| 06/12/2025 06/12/25 | Pending | -- | -- | -- |
| 05/24/2025 05/24/25 | Price Changed | $1,200,000 | -17.2% | $350 / Sq Ft |
| 05/20/2025 05/20/25 | For Sale | $1,450,000 | 0.0% | $423 / Sq Ft |
| 05/02/2025 05/02/25 | Off Market | $1,450,000 | -- | -- |
| 04/29/2025 04/29/25 | Pending | -- | -- | -- |
| 02/25/2025 02/25/25 | For Sale | $1,450,000 | 0.0% | $423 / Sq Ft |
| 09/07/2024 09/07/24 | For Rent | $2,750 | -- | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Deed | $156,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $125,000 | Commercial |
Source: Public Records
Similar Home in Ocean Grove, NJ
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22505136
APN: 35-00110-0000-00001
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