$10,000 Closing Credit¹
#22510902, Thomas M Santoro Jr., Listing Office: KeyVest LLC
$1,200,000 List price
78 Lake Ave Ocean Grove, NJ 07756
$10,000
Closing credit¹
5 beds
4 full
3,425 sqft
0.07 acres
$350 / sqft
House
Property details
About 78 Lake Ave
Welcome to your dream investment opportunity on the serene shores of Wesley Lake in Ocean Grove! This stunning move-in ready multi-family home boasts 5 spacious bedrooms and 4 full baths, offering a perfect blend of modern luxury and coastal charm. Imagine waking up to breathtaking views of Asbury Park, with its vibrant arts scene and dynamic energy, right from your doorstep. The first floor home offers an expansive lake front living area, formal dining area, spacious kitchen, large master bedroom, full bath, bonus room, and both enclosed and open porches, where you can savor your morning coffee while soaking in the picturesque lake views. The second floor apartment with private entrance boasts an impressive large gathering room, a dining room perfect for hosting, an efficient kitchen, and two full bathrooms for ultimate convenience and comfort, along with a versatile bonus room that can be tailored to your needs, whether it be a home office or guest room. The wrap-around covered porch is a true highlight, providing a serene outdoor space for dining al fresco, morning coffees, or simply unwinding while enjoying the fresh air. The third-floor studio is a private sanctuary, featuring a full bath and two additional rooms. The wet bar dining area adds a touch of luxury, making it ideal for those seeking a home office or additional space for guests. This exceptional property is not only a home but a gateway to an unparalleled lifestyle. Enjoy the best of Ocean Grove's quaint charm with its historic architecture and vibrant community events. Stroll to Asbury Park and experience a thriving music scene, eclectic dining options, and boutique shopping. The famed Asbury Park Boardwalk, complete with its iconic carousel and splash park, offers endless entertainment. Whether you're seeking a lucrative rental investment or a spacious home with potential for multi-generational living, this property offers it all. Don't miss your chance to own a piece of paradise in one of New Jersey's most sought-after locations. Schedule your private tour today and discover the unmatched allure of Ocean Grove lakefront living!
Highlights
Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCentral Air
Size3,425 sqft
BasementYes
Lot size0.07 Acres
Year built1904
ParkingOn Street, None
MLS #22505134
WaterfrontLake Front
ViewLake
Summary
- Full Bathrooms: 4
- Appliances: Washer, Dishwasher, Dryer, Microwave, Stove, Range Hood, Refrigerator, Gas Range
- Basement: Yes
- Flooring Type: Carpet, Ceramic Tile, Laminate, Wood, Slate
- Interior: Balcony, Bonus Room, Built-in Features, Recessed Lighting
- Total Bedroom Count: 5
- Attached Garage: No
- Parking: On Street, None
- Waterfront: Lake Front
- View: Lake
- Architectural Style: Shore Colonial
- Heating: Natural Gas
- Cooling: Central Air
- List Price: $1,200,000
- Price/SqFt: $350
- Annual Tax Amount: $14,965
- Tax Year: 2024
- Lot: Fencing
- Year Built: 1904
- Living Area: 3,425 SqFt
- Lot Size: 0.07 Acres
- MLS Number: 22505134
- MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
- Office Name: Compass New Jersey, LLC
- Listing Agent: Dawn E Kologi
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 11:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,200,000
78 Lake Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,012,400 | $14,965 |
| 2022 | $819,300 | $15,359 |
| 2021 | $739,500 | $15,128 |
| 2020 | $725,600 | $10,960 |
| 2019 | $518,700 | $11,035 |
History based on county public records data.
Nearby schools
1
Thurgood Marshall Elementary School
Public District PK-3
0.3 mi
•600 Monroe Ave
3
Midtown Community Elementary School
Public District KG-5
0.6 mi
•1155 Corlies Ave
1
Bradley Elementary School
Public District PK-3
0.8 mi
•1100 3rd Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,313. The most common annual income of people living in Ocean Grove, NJ is less than $<35k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
40%
<35k
40%
35k-100k
9%
100k-200k
11%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
77%
Single, No Kids
4%
Single, with Kids
15%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
4%
12-17 yrs old
16%
18-34 yrs old
57%
35-64 yrs old
19%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Figure Skating
Hiking/backpacking
Where do the neighbors shop?
Chico's
Nordstrom Rack
H&M
Where do the neighbors go to eat?
Boston Market
Bob Evans
Chipotle
What do the neighbors drive?
Volvo
Oldsmobile
Mazda
What do the neighbors listen to?
Talk/Personality
News
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 78 Lake Ave
The listing price of 78 Lake Ave property is $1,200,000.
The property 78 Lake Ave is a house located in Ocean Grove, New Jersey, 07756.
Active Listing: 78 Lake Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 78 Lake Ave are: Thurgood Marshall Elementary School (GreatSchools Rating 1/10), Midtown Community Elementary School (GreatSchools Rating 3/10), Bradley Elementary School (GreatSchools Rating 1/10), Hope Academy Charter School (GreatSchools Rating 5/10), College Achieve Greater Asbury Park Charter School (GreatSchools Rating 4/10), Dr. Martin Luther King Upper Elementary School (GreatSchools Rating 1/10), Asbury Park High School (GreatSchools Rating 1/10), Neptune High School (GreatSchools Rating 2/10), Monmouth County Academy of Allied Health and Science (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $14,965 (source: MLS/based on county public records data).
The property at 78 Lake Ave has 5 bedrooms and 4 bathrooms.
The property 78 Lake Ave is 3,425 SqFt (source: MLS/tax record).
The year of construction for 78 Lake Ave is 1904.
This home is located at 78 Lake Ave in Ocean Grove, NJ and zip code 07756 in the Ocean Grove neighborhood. This 3,425 square foot home, which was built in 1904, sits on a 0.07 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 25, 2025 and is currently priced at $1,200,000.
In April 2025 more than 9 listings in Ocean Grove, NJ were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 12 were sold below. The number of listings in Ocean Grove, NJ decreased by 0.8% between March and April 2025. Listings spent 36 days on the market in April 2025, and had a median list price of $567,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.