73
Map
37 Broadway
About This Property
Welcome to this meticulously maintained and beautifully updated legal two-family property, ideally located in one of Ocean Grove's most sought-after communities. This charming Victorian offers the perfect combination of character, comfort, and versatility--whether you're looking for a full-time residence, a summer retreat, or an investment opportunity.
The first-floor unit is ideal for guests, extended family, or rental income. It features two generously sized bedrooms, a light and bright living room, dining room, kitchen, and full bath. The kitchen opens to a private backyard patio complete with a storage shed--perfect for bikes, beach gear, lawn equipment, and more. An outdoor shower adds the perfect touch for beach days and summer livin The second-floor unit has been thoughtfully transformed into a spacious, open-concept living area designed for both everyday comfort and effortless entertaining. The oversized kitchen features a large center island and flows seamlessly into the generous dining area. The spacious living room is filled with natural sunlight and opens to a second-floor porch showcasing incredible lake and ocean views--the perfect spot to relax and take in the beauty of the Jersey Shore. A full bath and laundry room with abundant storage complete this level.
The third floor offers three additional bedrooms and a full bath. The front bedroom provides direct access to a charming third-floor porch, creating the perfect private retreat to sit back, enjoy a good book, and listen to the waves rolling in.
With its exceptional location, multiple living spaces, outdoor amenities, stunning views, and legal two-family configuration, this property offers a rare opportunity to own a truly special piece of Ocean Grove. 2 blocks to the beautiful Ocean Grove Beach, close to town, Pickleball, park, Tennis courts and Booming Asbury Park!!
Don't miss your chance to make this incredible property your own and start creating unforgettable memories at the Jersey Shore!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | Sold | ||
| Sold | |||
| Sep 1, 2026 | In contract | - | |
| In contract | |||
| Aug 13, 2026 | Listed by Jack Green Realty | $1,599,000 | |
| Listed by Jack Green Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017