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78 Lake Avenue, Ocean Grove, NJ 07756

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For Sale
Sale Pending

$1,200,000

5 beds • 4 baths • 3,425 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $350.36
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

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!
MLS# 22505134

Courtesy Of Compass New Jersey , LLC

(732) 301-5050

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch, Patio, Water Front
  • Architecture Style
    Colonial
  • Exterior Type
    Aluminum Siding
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Laminate, Slate, Tile, Tile - Ceramic, Wood
  • Lot Size
    0.07 Acres
  • Rooms
    Basement, Bonus Room, Dining Room, Kitchen, Living Room
  • View Type
    Water

Map and Directions

Directions to 78 Lake Avenue, Ocean Grove, NJ 07756

Home seller CENTURY 21 Coastal REALTORS

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Coastal REALTORS

(732) 774-7166
Learn More About Us

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Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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