40 Central Avenue

Ocean Grove, NJ 07756

$1,100,000
Price
5
Beds
3,000 Sq. Ft.
$367 / Sq. Ft.
3,000
Sq. Ft.
$367
per Sq. Ft.

Description

This Grand Victorian three family home is comprised of a separate residence on each of three floors, each home with separate washer and dryer on each floor. 1st floor is a large 1 bed 1 bath with front porch & central A/C, 2nd floor is a 2 bed with 2 full baths, and 3rd is a 2 bed 1 full bath. 2nd floor can be delivered vacant or with Summer tenant. Recent renovations include updated kitchens and new W/D in 2 units. Located two blocks to the beach and a block to shops and restaurants in Ocean Grove,...This Grand Victorian three family home is comprised of a separate residence on each of three floors, each home with separate washer and dryer on each floor. 1st floor is a large 1 bed 1 bath with front porch & central A/C, 2nd floor is a 2 bed with 2 full baths, and 3rd is a 2 bed 1 full bath. 2nd floor can be delivered vacant or with Summer tenant. Recent renovations include updated kitchens and new W/D in 2 units. Located two blocks to the beach and a block to shops and restaurants in Ocean Grove, you will also enjoy easy access to all the restaurants, shops, and music venues up the boardwalk in Asbury Park.

Listing Agents

  1. Adam Hignite

    Adam Hignite

    Listing Agent

    Compass

  2. Robert LoBiondo

    Robert LoBiondo

    Alternative Listing Agent

    Compass

Property Details for 40 Central Avenue

Complex/Subdivision
Ocean Grove
Zoning
Residential
Waterview
No
Directions
Ocean Grove: East on Main Street to left on Central.

Location

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LISTING UPDATED: 03/25/2024 02:46 PM

Property Details for 40 Central Avenue

StatusPending
MLS #22404558
Days on Market29
Taxes$20,394 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Three Family
Year Built1890
Lot Size0.04 AC / 1,742 SF
CountyMonmouth County

Location

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Building Information for 40 Central Avenue

Stories3Residences3Year Built1890Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

$7,703 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$1,700

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 40 Central Avenue

Summary
Location and General Information
  • Area/Section: Ocean Grove
  • Postal City: Ocean Grove
  • State: NJ
  • Municipality: Neptune Twp (NPT)
  • Middle School: Neptune
  • # Units in Bldg: 3
  • Block: 147
  • Apx Year Built: 1890.0
Parking
  • Garage: No
  • Parking: On Street
  • # Car Garage: 0.0
Taxes and HOA Information
  • Tax ID#: 35-00147-0000-00022
  • Taxes: $20,394.00
  • Tax Year: 2023
Property
Lot Information
  • Apx SqFt: 3000.0
  • # Acres: 0.04
  • Lot: 22
  • Lot Dimensions: 30 x 59
Property and Assessments
  • Assessment - Total: 1149600.0
  • Assessment - Improvements: 500400.0
  • Assessment Status: Assessed
  • Special Assessment: No
  • Asmnt - Land: 649200.0
  • Possession: At Closing
  • Deed Restricted: No
  • Property Sub-Type: Three Family
Utilities
  • Water Heater: Natural Gas
  • Water/Sewer: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Waterfront: No
Interior Features
  • # Levels: 3
  • Basement: Full
  • Bedrooms: 5
Multi Family
Unit 1
  • Unit 1: Primary Bedroom Dimensions: 14X12
  • Unit 1: # Bedrooms: 1
  • Unit 1: # Rooms: 4.0
  • Unit 1: Kitchen Dimensions: 13X12
  • Unit 1: Living Room Dimensions: 22X14
  • Unit 1: Other Room Desc: Dining Room
  • Unit 1: Other Room Dimensions: 10X10
  • Unit 1: Rent: $2,100.00
Unit 2
  • Unit 2: Primary Bedroom Dimensions: 15X12
  • Unit 2: # Bedrooms: 2
  • Unit 2: Bedroom Dimensions: 15X12
  • Unit 2: # Full Baths: 2
  • Unit 2: # Rooms: 6.0
  • Unit 2: Kitchen Dimensions: 12X11
  • Unit 2: Living Room Dimensions: 15X12
  • Unit 2: Other Room Desc: Dining Room
  • Unit 2: Rent: $2,250.00
Unit 3
  • Unit 3: Primary Bedroom: 15X9
  • Unit 3: # Bedrooms: 2
  • Unit 3: Bedroom Dimensions: 14X8
  • Unit 3: # Full Baths: 1
  • Unit 3: # Rooms: 5.0
  • Unit 3: Rent: $2,375.00
Income & Expenses Information
  • Income & Expenses: CAM Expense: 8523.0
  • Income & Expenses: Electric Expense: 2418.0
  • Income & Expenses: Water/Sewer Expense: 630.0
  • Income & Expenses: Gas Expense: 1988.0

Property History for 40 Central Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 40 Central Avenue

Taxable ValueLand$649,200Additions$500,400Total$1,149,600
Tax Record2022$15,819 ($1,318 / month)
Home Facts
Beds6Total Finished SqFt3,921 SqFtAbove Grade Finished SqFt2,891 SqFtFinished Basement SqFt1,030 SqFtStories3Lot Size1,770 SqFtStyleSingle Family ResidenceYear Built1890ZoningHD-OCountyMONMOUTHAPN35 00147-0000-00022

Schools near 40 Central Avenue

This home is within Neptune Township School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Midtown Community Elementary School
PublicK to 5

Neptune Middle School
Public6 to 8

Neptune High School
Public9 to 12

Gables Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.