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Updated Two-Family Victorian Duplex
For Sale
$1,599,000

37 Broadway, Ocean Grove, NJ 07756

Three-level property offers flexible living arrangements, outdoor spaces, and beach access in Ocean Grove.

Property Size1,510 SF
Price / SF$1,058
Days on Market15

Property Features for 37 Broadway

General Information

Standard status Active
Size 1,510 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units 2

Amenities

private backyard patio
storage shed
outdoor shower
second-floor porch
third-floor porch
laundry room

Building Details

Year Built 1904
Buildings 1
Stories 3
Construction Victorian
Listing Agency: Clayton & Clayton Inc.Realtors
Listed By: William Hagan Group
Source: Williamhagangroup
Added: Aug 15 Changed: Aug 29 Last Checked: Aug 29 at 1:32PM

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 Clayton & Clayton Inc.Realtors

Investment Insights

Based on property information with market context.

This legal two-family Victorian property provides 1,510 square feet across three levels. The first-floor residence includes two bedrooms, a living room, dining room, kitchen, full bath, and access to a backyard patio with a storage shed and outdoor shower. The upper residence combines an open living area with an oversized kitchen, center island, dining space, living room, full bath, and laundry room with storage. Three additional bedrooms and another full bath occupy the third floor.

Outdoor features include second- and third-floor porches, with the second-floor porch offering lake and ocean views. The property is located two blocks from Ocean Grove Beach and near town, pickleball, a park, tennis courts, and Asbury Park. Built in 1904, the property supports residential use across two legal units.

Key Highlights

  • Legal two‑family Victorian property with 1,510 square feet
  • First‑floor unit includes 2 bedrooms, living room, dining room, kitchen, and full bath
  • Upper residence features an oversized kitchen with center island and open living area

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Locksmith Accounting Firm Florist Butcher (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,236
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Three-level property offers flexible living arrangements, outdoor spaces, and beach access in Ocean Grove.
Where is this duplex located?
The property is located at 37 Broadway Ocean Grove, NJ.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Legal two‑family Victorian property with 1,510 square feet; First‑floor unit includes 2 bedrooms, living room, dining room, kitchen, and full bath; Upper residence features an oversized kitchen with center island and open living area
More about this property
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