Ocean Grove Multifamily
68 Mount Tabor Way Ocean Grove, NJ 07756
68 Mount Tabor Way, Ocean Grove, NJ, 07756
$1,179,000
For Sale
$1,179,000
MULTI_FAMILY - Ocean Grove, NJ
Property Size1,659 SF
Lot Size0.04 Acres
Price / SF$710.67
Days on Market72
Property Features for 68 Mount Tabor Way
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bedroom 2, Bedroom 3, Basement, Bedroom 1, Bathroom 1, Bedroom 6, Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 5
- Basement
- Walk-Out Access, Full
- Standard status
- Active
- APN
- 35-00149-0000-00006
- Size
- 1,659 SF
- Lot size
- 0.04 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Zoned
- Cooling system
- Multi Units
- Water source
- Public
Building Details
- Year built
- 1885
- Floors in Building
- 2
- Number of units
- 3
Listing agency
C21/ Coastal Realtors
(732) 774-7166
Listed by
Christopher Kavan · License #1756600
(732) 774-7166
Added: May 12 Updated: Jul 12 at 2:52AM Checked: Jul 22 at 9:06PM
MLS# 22613887
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Investment Insights
Based on property information with market context.
Located in Ocean Grove, New Jersey, 68 Mount Tabor Way is a legal three-family property featuring a five-bedroom, two-bathroom owner's unit with a private rocking chair porch and a large yard. Additionally, there is a one-bedroom apartment and a studio apartment, both with separate entrances, offering significant income potential. The apartments have been vacated for sale, but one or both units could be transferred with annual leases in place. The property is situated three blocks from the beach, half a block from Days, and two blocks from Main Avenue shopping. It is also a few blocks from the Asbury Park pedestrian bridge. The property, totaling 1659 square feet on a 0.04-acre lot, is ready for occupancy at the start of the summer season. Seller financing and/or leaseback concession possible for 200K to 400K for a qualified buyer.
Key Highlights
- Legal 3‑family home built in 1885 with a 5BR/2BA owners unit plus a 1BR and a studio apartment
- 1BR and studio units have separate entrances; seller notes apartments have been vacated for sale
- Private rocking chair porch and large yard included with the owners unit
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit property near the beach with income potential.
Where is this triplex located?
The property is located at 68 Mount Tabor Way Ocean Grove, NJ.
What is the asking price?
The asking price for this property is $1,179,000.
What are key features of this property?
This property features: Legal 3‑family home built in 1885 with a 5BR/2BA owners unit plus a 1BR and a studio apartment; 1BR and studio units have separate entrances; seller notes apartments have been vacated for sale; Private rocking chair porch and large yard included with the owners unit