#22509952, Matthew H Sigman, Listing office: Sigman Realty
$1,200,000 List price
78 Lake Ave Ocean Grove, NJ 07756
5 beds
4 full
3,425 sqft
0.07 acres
$350 / sqft
Multi-Family
Property details
About 78 Lake Ave
This stunning multi-family home on the serene shores of Wesley Lake in Ocean Grove, offering modern luxury and coastal charm boasts 5 bedrooms, and 4 baths. Wake up to breathtaking views of Asbury Park, with its vibrant arts scene and energy, right from your doorstep. The first-floor home features a lakefront living area, dining area, spacious kitchen, master bedroom, full bath, bonus room, and both enclosed and open porches for savoring morning coffee with picturesque views. The second-floor apartment, with private entrance, includes a large gathering room, dining room, efficient kitchen, two full baths, and a bonus room adaptable for a home office or guest room. The wrap-around porch offers a serene outdoor space for dining or unwinding. The third-floor studio is a private sanctuary with a full bath, two rooms, and a wet bar dining area for luxury and versatility and is potentially accessible from first or second floor. Enjoy Ocean Grove's historic charm and vibrant events, plus nearby Asbury Park's dynamic scene. This property is perfect for rental investment or multi-generational living. Schedule your tour today and discover this NJ paradise!
Highlights
Home typeDuplex
StatusActive
CoolingCentral Air
Size3,425 sqft
BasementYes
Lot size0.07 Acres
Year built1904
ParkingOn Street, None
MLS #22505136
WaterfrontLake Front
ViewOther, Lake
Summary
- Full Bathrooms: 4
- Basement: Yes
- Flooring Type: Wood, Ceramic Tile, Other
- Total Bedroom Count: 5
- Attached Garage: No
- Parking: On Street, None
- Waterfront: Lake Front
- View: Other, Lake
- Cooling: Central Air
- List Price: $1,200,000
- Price/SqFt: $350
- Annual Tax Amount: $14,965
- Tax Year: 2024
- Lot: Other
- Year Built: 1904
- Living Area: 3,425 SqFt
- Lot Size: 0.07 Acres
- MLS Number: 22505136
- 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: 7/5/2025, 8:40:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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 most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
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
Similar homes for sale
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 multi 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 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 June 2025, from all listings sold in Ocean Grove, NJ there were more than 18 sold above asking price, over 13 sold below and more than 3 were sold right at the asked price. The number of homes for sale in Ocean Grove, NJ decreased by 6% between May and June 2025. While the average time on the market in June 2025 was 29 days, the median list price was $600,000.
From Rocket Homes Real Estate and based on county public records data.