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3-Unit Triplex with Balconies

107 Abbott Avenue, Ocean Grove, NJ 07756

For Sale
New
$1,079,000

A three-unit rental property offers a studio, a one-bedroom residence and a three-bedroom upper-level unit.

Property Size1,715 SF
Days on Market5

Property Features for 107 Abbott Avenue

General Information

Standard status Active
Size 1,715 SF
Property subtype Three Family

Units

Unit Mix 1 x studio, 1 x 1BR, 1 x 3BR
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $12,639

Amenities

picket fence
front garden
patio
balconies

Building Details

Building Size 1,715 SF
Year Built 1900
Buildings 1
Listing Agency: RE/MAX Gateway
Listed By: Michele DeRose
Source: Sackmanrealty
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 8 at 9:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Gateway

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Investment Insights

Based on property information with market context.

Built in 1900, this 1,715-square-foot triplex contains three residences: a studio and a one-bedroom unit on the first floor, plus a three-bedroom residence across the second and third floors. The upper unit includes a living room, eat-in kitchen and laundry room. Balconies serve the second and third floors, while the lot includes a front garden, patio and picket fence. Improvements have been made over the past 1.5 years. The property is currently vacant.

The property is at 107 Abbott Avenue in Ocean Grove, near the beach and shops, with Asbury Park and Bradley Beach nearby.

Key Highlights

  • Three residences: studio, one‑bedroom unit and three‑bedroom unit
  • 1,715 square feet; built in 1900
  • Three‑bedroom unit spans the second and third floors

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,816
Businesses Nearby

Demographics for 07756, NJ

3,164
Population
2,831
Households
1.1
Avg Household Size
58
Median Age
64%
College-Educated
92%
High-School Grad
0.4 sq mi
ZIP Area
7,910
Density / Sq Mi
$74,410
Median Household Income
$58,148
Median Earnings
$1,212
Median Rent
$764,200
Median Home Value
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Market

Average Price Trend$/SF for Triplexes in Monmouth County, NJ

$538 Jul
$475 Aug
$551 Sep
$614 Oct

Properties on Market for Triplexes in Monmouth County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - A three-unit rental property offers a studio, a one-bedroom residence and a three-bedroom upper-level unit.
Where is this triplex located?
The property is located at 107 Abbott Avenue Ocean Grove, NJ.
What is the asking price?
The asking price for this property is $1,079,000.
What are key features of this property?
This property features: Three residences: studio, one‑bedroom unit and three‑bedroom unit; 1,715 square feet; built in 1900; Three‑bedroom unit spans the second and third floors
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