Financial
Distress signals
Property profile

54 Olin St Ocean Grove, NJ 07756

OFF-MARKET
Other commercial real estate
Property ID
US59-3126158
2,587 SF 0.02 ac lot Built 1910
Last sale Mar 2026 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A commercial space suitable for retail or office use, located in Ocean Grove. The unit contains approximately 300 square feet of interior area and includes a storage closet and a bathroom. The space is situated about one block from Main Avenue and a few blocks from the beach. It is part of a larger building totaling approximately 2,587 square feet, on a lot of approximately 0.02 acres.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$16k
Tax billed · 2022
Assessed value$1.08M
Assessed land$492k
Assessed improvement$593k
Effective rate1.50%

Value estimate

· Sep 2026
$430k
$387k – $473k
AI approach$380k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$259/SF
County average, outlier-cleaned · 1093 recorded sales of this use type
Observed band · Q1–Q3$161 – $392
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HD1F
JurisdictionMONMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.8
Dental Office9.5
Electronics Store8.4

Location

54 Olin St Ocean Grove, NJ 07756-1559
County assessor Recorded deeds · 5 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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