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One-Bedroom Apartment with Balcony
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For Lease
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16 Lake Avenue, Ocean Grove, NJ 07756

Commercial Lease, Ocean Grove, NJ

Space SizeContact for details
Lot Size0.18 Acres
Days on Market6

Property Features for 16 Lake Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning description Multi-Family
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Basement
Parking features On Street
Exterior features Lighting
Subdivision Ocean Grove
Lot features Lake on Lot, Landscaped
Directions From the Garden State Parkway Exit 100A follow Rt 33 . Continue on Route 33 East until it becomes Corlies Avenue..Turn left onto Pilgrim Pathway.Turn right onto Lake Avenue..and go to 16 Lake Avenue.
Standard status Active
APN 35-00103-0000-00006
Size 27,804 SF
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 74180

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public
Water front 1

Building Details

Year built 1989
Floors in Building 3
Flooring type Vinyl, Tile
Listing Agency: Keller Williams Preferred Properties,Bayville · Keller Williams Realty
Listed By: Michael Mabie
Added: Oct 31 Changed: Nov 1 Last Checked: Nov 5 at 1:06PM
MLS# 22634473

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 625-square-foot, third-floor apartment in Ocean Grove has one bedroom and a private balcony with ocean views. Interior details include vinyl flooring in the entry and living area, tile in the bathroom, and a kitchen with granite countertops, stainless steel appliances, and a dishwasher. The unit also features a dressing area, in-unit washer and dryer, and central air conditioning.

The property is in Ocean Grove, with the beach, boardwalk, shops, and dining nearby.

Key Highlights

  • 625‑square‑foot apartment on the third floor
  • One bedroom and a private balcony with ocean views
  • Kitchen with granite countertops, stainless steel appliances, and a dishwasher

Property Analytics

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Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,690
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - The third-floor residence includes central air, in-unit laundry, and a private balcony.
Where is this residential income property located?
The property is located at 16 Lake Avenue Ocean Grove, NJ.
What are key features of this property?
This property features: 625‑square‑foot apartment on the third floor; One bedroom and a private balcony with ocean views; Kitchen with granite countertops, stainless steel appliances, and a dishwasher
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