NOT LISTED FOR SALE

98 Lake Ave Unit 1 Ocean Grove, NJ 07756

Estimated Value: $831,954 - $1,107,000

2 Beds
1 Bath
-- Sq Ft
1,742 Sq Ft Lot

Highlights

  • Lake Front
  • Wood Flooring
  • Furnished
  • Lake On Lot
  • Sun or Florida Room
  • 2-minute walk to Greenleaf Park

About This Home

As of October 2022

WINTER RENTAL - Charming first floor unit of a fantastic lake front home in a prime location in Ocean Grove. This nicely furnished flat offers an incredible sun porch with impressive views over Wesley Lake into downtown Asbury Park, an attractive living room with hardwood floors & decorative fireplace, two comfortable bedrooms (queen & full sized beds), a full bath with shower in tub & stackable washer/dryer, and a large, fully equipped eat-in kitchen with stainless steel refrigerator, gas stove, microwave oven, dishwasher & dining nook! Unit is located close to the beach, OG's Victorian Main Ave and right by the footbridge to Asbury Park. Unit is available 10/1-5/15; tenant responsible for utilities & $250 cleaning fee. Small pet (35lb max) considered for an additional $50/mo. No smoking.

Last Agent to Rent the Property

Jacob Smith

Ward Wight Sotheby's International Realty Listed on: 09/13/2022

Last Renter's Agent

Janette Mackay

C21/ Coastal Realtors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 1,742 Sq Ft Lot
  • Lake Front

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Sun or Florida Room
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Property is near a lake
  • Lake On Lot
  • Lake Property
  • Enclosed Patio or Porch

Location

  • Lower Level

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • Dogs and Cats Allowed

Listing and Financial Details

  • Security Deposit $2,813
  • Property Available on 10/1/22
  • Ask Agent About Lease Term
  • Assessor Parcel Number 35-00121-0000-00003

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Furnished: Yes, Furnished
  • Available Date: 2022-10-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Inclusions: Washer, Stove, Ceiling Fan(s), Microwave, Refrigerator, Window Treatments, Dishwasher, Dryer
  • Subdivision Name: None
  • Architectural Style: Lower Level
  • Year Built: 1910
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.04
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Included Window Treatments: Yes
  • Kitchen Ceramic Tile3: Yes
  • Kitchen BnookDining Area: Yes
  • Kitchen Eat-In: Yes
  • Kitchen Floor - Laminate2: Yes
  • Contract Info Available Date: 2022-10-01
  • Maintenance Fees Security Deposit3: 2812.5
  • Lease Requirements Security Deposit4: Yes
  • Cooling Multi Units: Yes
  • Allowable Cats2: Yes
  • Allowable Dogs2: Yes
  • Furnished Full2: Yes
  • Furnished Yes: Yes
  • Lease Terms Winter: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Water Type Lake: Yes
  • Style Lower Level: Yes
  • Exterior Lake3: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes

Exterior Features

  • Acres: 0.04
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Exterior Features: Patio, Porch - Enclosed, Lake
  • Features Exterior:Porch Enclosed: Yes

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
  • Water Source: Public
  • Heating:Natural Gas: Yes

Lot Info

  • Lot Size Sq Ft: 1742.4
  • Parcel #: 35-00121-0000-00003

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2022 10/01/22 Rented $14,438 +670.0% --
10/01/2022 10/01/22 Under Contract -- -- --
09/13/2022 09/13/22 For Rent $1,875 -86.7% --
10/01/2021 10/01/21 Rented $14,063 +650.0% --
08/27/2021 08/27/21 Under Contract -- -- --
07/13/2021 07/13/21 For Rent $1,875 -- --
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 $11,648 $839,400 $474,800 $364,600
2024 $9,986 $677,600 $372,000 $305,600
2023 $9,986 $562,900 $382,600 $180,300
2022 $11,081 $526,900 $377,300 $149,600
2021 $7,683 $533,500 $377,300 $156,200
2020 $10,955 $525,400 $377,300 $148,100
2019 $7,683 $363,600 $224,700 $138,900
2018 $7,739 $362,500 $224,700 $137,800
2017 $7,764 $348,800 $221,200 $127,600
2016 $7,734 $346,800 $221,200 $125,600
2015 $9,106 $415,800 $293,200 $122,600
2014 $9,916 $372,100 $253,200 $118,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Tenant's Agent in 2022

    Janette Mackay

    C21/ Coastal Realtors

  • J

    Landlord's Agent in 2021

    Jacob Smith

    Ward Wight Sotheby's International Realty

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22229007

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00121-0000-00003

New Jersey Monmouth County Ocean Grove 07756

98 Lake Ave Unit 1, Ocean Grove, NJ

Not Listed for Sale

MultiFamily

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.

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