$1,200,000

78 Lake Avenue, Ocean Grove, NJ 07756

  • 5 beds |
  • 4 baths |
  • 3,425 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1904
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $350/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Welcome to your dream investment opportunity on the serene shores of Wesley Lake in Ocean Grove! This stunning move-in ready multi-family home boasts 5 spacious bedrooms and 4 full baths, offering a perfect blend of modern luxury and coastal charm. Imagine waking up to breathtaking views of Asbury Park, with its vibrant arts scene and dynamic energy, right from your doorstep. The first floor home offers an expansive lake front living area, formal dining area, spacious kitchen, large master bedroom, full bath, bonus room, and both enclosed and open porches, where you can savor your morning coffee while soaking in the picturesque lake views. The second floor apartment with private entrance boasts an impressive large gathering room, a dining room perfect for hosting, an efficient kitchen, and two full bathrooms for ultimate convenience and comfort, along with a versatile bonus room that can be tailored to your needs, whether it be a home office or guest room. The wrap-around covered porch is a true highlight, providing a serene outdoor space for dining al fresco, morning coffees, or simply unwinding while enjoying the fresh air. The third-floor studio is a private sanctuary, featuring a full bath and two additional rooms. The wet bar dining area adds a touch of luxury, making it ideal for those seeking a home office or additional space for guests. This exceptional property is not only a home but a gateway to an unparalleled lifestyle. Enjoy the best of Ocean Grove's quaint charm with its historic architecture and vibrant community events. Stroll to Asbury Park and experience a thriving music scene, eclectic dining options, and boutique shopping. The famed Asbury Park Boardwalk, complete with its iconic carousel and splash park, offers endless entertainment. Whether you're seeking a lucrative rental investment or a spacious home with potential for multi-generational living, this property offers it all. Don't miss your chance to own a piece of paradise in one of New Jersey's most sought-after locations. Schedule your private tour today and discover the unmatched allure of Ocean Grove lakefront living!

Listing Status:
Active
Date Added:
May 20, 2025 at 05:00AM
Listing Office:
Compass New Jersey, LLC : 732-301-5050
Listing Agent:
Dawn E Kologi : 732-301-5050
MLS ID:
22505134
  • General: BalconyBonus RoomBuilt-in FeaturesRecessed Lighting
  • Laundry: 0
  • Basement: PartialWorkshop/ Workbench
  • Flooring: CarpetCeramic TileLaminateWoodSlate
  • A/C: Central Air
  • Heating: Natural Gas
  • Fireplace: FireplaceFireplaces: 1

This listing courtesy of Dawn E Kologi, Compass New Jersey, LLC

Location

Schools Nearby

M

Midtown Community Elementary School

1155 Corlies Ave, Neptune, NJ, 07753

Grades KG-5

0.59 miles away

N

Neptune Middle School

2300 Heck Ave, Neptune, NJ, 07753

Grades 6-8

1.73 miles away

N

Neptune High School

55 Neptune Blvd, Neptune, NJ, 07753

Grades 9-12

1.53 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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