94 Mount Zion Way Ocean Grove, NJ 07756
Neptune NeighborhoodHighlights
- Air Conditioning
- Heating Available
- 1-minute walk to Greenleaf Park
About This Home
As of August 2024Fantastic opportunity to own this income producing two family with bonus cottage!! This lovingly maintained Large Victorian is sure to please. This home is a legal two family (with a rentable back cottage) but front house could be brought back to a single family very easily. As you enter into the grand foyer you can feel the history in this classic Victorian gem. All original woodwork, pocket doors, high ceilings are just a few features in the first floor apartment. Through the french doors you will find a large living room with ample seating for all, a formal dining room with beautiful hardwood floors, nice size kitchen , full bath and one bedroom. This unit has access to the full basement that is great for storage and laundry area. As you venture up the Grand staircase You will find a bedroom that is drenched with light and a full bath. The second floor apartment features a large dining room, cute kitchen, updated full bath and a bedroom. But wait there is more!! A huge third floor bonus room that will knock your socks off. Unbelievable space for a living room, work out space, office etc. Out back is another big surprise! A renovated studio cottage with a private patio for enjoying summer bbq's. This cutey has recently had some renovations and is ready for someone to make This their happy place. Located just a bridge away from Booming Asbury Park, close to Beautiful OG beach and Grand Auditorium. Don't Wait Will Go Fast! Rental income for 2023 was $67,240. 2nd floor annual $27,600, Cottage annual $13,200, 1st floor summer $14,150, 1st floor winter $12,290
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,629
Year Built
- Built in 1895
Lot Details
- 1,742 Sq Ft Lot
- Lot Dimensions are 31 x 60
Home Design
- Triplex
Interior Spaces
- 1,717 Sq Ft Home
- 2-Story Property
- Dryer
Kitchen
- Stove
- Dishwasher
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Schools
- Neptune Middle School
Utilities
- Air Conditioning
- Multiple cooling system units
- Heating Available
- Natural Gas Water Heater
Community Details
- 3 Units
- Ocean Grove Subdivision
Listing and Financial Details
- Assessor Parcel Number 35-00132-0000-00003
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Map
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $350,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $365,000 | Commercial | |
| Closed | $225,000 | Commercial |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/10/2025 03/10/25 | Rented | $31,200 | +420.4% | -- |
| 02/14/2025 02/14/25 | For Rent | $5,995 | 0.0% | -- |
| 08/01/2024 08/01/24 | Sold | $939,000 | 0.0% | $547 / Sq Ft |
| 06/06/2024 06/06/24 | Pending | -- | -- | -- |
| 05/30/2024 05/30/24 | For Sale | $939,000 | 0.0% | $547 / Sq Ft |
| 03/02/2020 03/02/20 | Rented | $4,500 | +200.0% | -- |
| 02/22/2020 02/22/20 | Under Contract | -- | -- | -- |
| 01/13/2020 01/13/20 | For Rent | $1,500 | -91.2% | -- |
| 12/01/2013 12/01/13 | Rented | $17,100 | -- | -- |
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 | $11,629 | $795,400 | $367,500 | $427,900 |
| 2023 | $11,629 | $655,500 | $395,800 | $259,700 |
| 2022 | $11,176 | $611,300 | $379,500 | $231,800 |
| 2021 | $10,971 | $538,100 | $360,000 | $178,100 |
| 2020 | $10,798 | $517,900 | $349,000 | $168,900 |
| 2019 | $10,971 | $519,200 | $360,800 | $158,400 |
| 2018 | $11,059 | $518,000 | $360,800 | $157,200 |
| 2017 | $9,781 | $439,400 | $293,900 | $145,500 |
| 2016 | $9,221 | $413,500 | $270,200 | $143,300 |
| 2015 | $10,155 | $463,700 | $324,000 | $139,700 |
| 2014 | $10,199 | $382,700 | $224,000 | $158,700 |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22414517
APN: 35-00132-0000-00003
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