Mt Zion Way

Ocean Grove, NJ 07756

$950,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to north shore house in beautiful ocean grove! GREAT PRICE investment opportunity in Ocean Grove! Prime location: this CLEAN licensed rooming house with 11 rooms, 1 studio apartment & 2 bathrooms is located only 4 blocks from the beachfront, 2 blocks from the Great Auditorium, 3 minute walk to footbridge to Asbury Park or walk/bike to all the wonderful shops & restaurants on Ocean Grove's Main Street. Find original hardwoods & vinyl floors, oversized living room with stone adorned fireplace...Welcome to north shore house in beautiful ocean grove! GREAT PRICE investment opportunity in Ocean Grove! Prime location: this CLEAN licensed rooming house with 11 rooms, 1 studio apartment & 2 bathrooms is located only 4 blocks from the beachfront, 2 blocks from the Great Auditorium, 3 minute walk to footbridge to Asbury Park or walk/bike to all the wonderful shops & restaurants on Ocean Grove's Main Street. Find original hardwoods & vinyl floors, oversized living room with stone adorned fireplace and dining room & spacious kitchen for resident use. Roof & furnace are 10 years. There are so many possibilities for this investment including converting it into a single family home, your vacation home or Airbnb here in iconic, beautiful & quaint Ocean Grove! Income & Expense Sheet is avai
  1. Listed by Connie King • Weichert Realtors-Sea Girt

Property Details for Mt Zion Way

Zoning
Commercial
New Construction
No
Directions
Hwy 35 to Right on Memorial Drive. Turn Right on to 11th Avenue, turn Left onto S Main Street, turn Right onto Main Street, turn Left onto Pennsylvania Avenue, turn Right onto Mt. Zion.
LISTING UPDATED: 12/18/2024 02:58 PM

Property Details for Mt Zion Way

StatusActive
MLS #22423837
Days on Market166
Taxes$16,876 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial / Multi-Family
Year Built1920
Lot Size0.04 AC / 1,742 SF
CountyMonmouth County

Building Information for Mt Zion Way

Stories3Residences-Year Built1920Building Size-Lot Size0.04 AC / 1,742 SF

Property Information for Mt Zion Way

Summary
Location and General Information
  • Area/Section: None
  • Postal City: Ocean Grove
  • State: NJ
  • Location: Other - See Remarks, Res Distr
  • Municipality: Neptune Twp (NPT)
  • Block: 131
  • Apx Year Built: 1920.0
Parking
  • Garage: No
  • Parking: On Street
  • # Car Garage: 0.0
Taxes and HOA Information
  • Tax ID#: 35-00131-0000-00005
  • Taxes: $16,876.00
  • Tax Year: 2023
Property
Lot Information
  • Farm: No
  • Acreage: 0.04
  • Lot: 5
  • Lot Dimensions: 31x60
  • Lot Description: Curbing, Sidewalks, Level
Property and Assessments
  • Assessment - Total: 1006600.0
  • Assessment - Improvements: 631700.0
  • Assessment Status: Assessed
  • Special Assessment: No
  • Asmnt - Land: 374900.0
  • Farm Assessed: No
  • Possession: At Closing
  • Deed Restricted: No
  • Property Sub-Type: Multi-Family
Utilities
  • Handicap Access: No
  • Water Heater: Natural Gas, Off Boiler
  • Electric: 110 Volt
  • Gas: At Street
Interior and Exterior Features
Exterior Features
  • Roof: Shingled
  • Exterior: Fire Escape
Interior Features
  • Interior: Fire Alarm
  • # Levels: 3
  • Basement: Other
  • Common Elements: Common Area, Resident Manager
  • Floors: Vinyl, Wood
Multi Family
Income & Expenses Information
  • Income & Expenses: Financials Per: Year
  • Landlord Pays: Electricity, Yard Maintenance, Water, Taxes, Snow Removal, Sewer, Maintenance, Janitorial, Insurance, Hot Water, Heat, Gas

Property History for Mt Zion Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near Mt Zion Way

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

Similar Homes

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Similar Sold Homes

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Mt Zion Way is a multi-family home for sale in Ocean Grove, NJ 07756. This property was listed for sale on August 16, 2024 by Weichert Realtors-Sea Girt, it's currently listed at $950,000. This listing's school district is Neptune Township School District. Nearby schools include Midtown Community Elementary School, Neptune Middle School and Neptune High School. Mt Zion Way is a 0-bed, 0-bath, multi-family home built in 1920.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Weichert Realtors-Sea Girt

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.