NOT LISTED FOR SALE

129 Franklin Ave Unit SUMMER Long Branch, NJ 07740

Estimated Value: $744,000 - $1,072,000

2 Beds
1.5 Baths
-- Sq Ft
0.67 Acres

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of April 2024

SUMMER RENTAL Fully furnished 2/3 bedroom 1 1/2 bath on a beautiful property located 3 blocks to the beach and Pier Village. Nothing to bring but your clothes and toiletries. Walking distance to the LB train, Monmouth Medical and the beach. Includes use of 1 car garage.
FULL SUMMER $16,000. Also available per month

Last Agent to Rent the Property

Chris Katz/Remax Long Branch

Douglas Elliman of NJ LLC License #0681073 Listed on: 01/12/2024

Douglas Elliman of NJ LLC

Last Renter's Agent

Chris Katz/Remax Long Branch

Douglas Elliman of NJ LLC License #0681073 Listed on: 01/12/2024

Douglas Elliman of NJ LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,783

Year Built

  • 1907

Lot Details

  • 0.67

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Long Branch Middle School

Additional Features

  • 1-Story Property
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Property Available on 6/1/24
  • Month-to-Month Lease Term
  • Ask Agent About Lease Term
  • Short Term Lease
  • Assessor Parcel Number 27-00217-0000-00026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,783

Year Built

1907

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2024-06-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Architectural Style: Other - See Remarks
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Long Branch
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Contract Info Available Date: 2024-06-01
  • Lease Terms Month to Month: Yes
  • Lease Terms Short Term: Yes
  • Lease Terms Winter: Yes
  • Special Features: None
  • Year Built (Public Record): 1907

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Stories: 1
  • BasementOther: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Parcel #: 27-00217-0000-00026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2025
Sold by
119 129 Franklin Avenue Llc
Bought by
Ocean Acre Condominium Association Inc
Current Estimated Value
$951,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,885,000
Outstanding Balance
$5,874,778
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$4,922,801

Purchase Details

Closed on
Aug 22, 2025
Sold by
119-129 Franklin Avenue Llc
Bought by
119-129 Franklin Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,885,000
Outstanding Balance
$5,874,778
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$4,922,801

Purchase Details

Closed on
Aug 21, 2025
Sold by
Weir Mary P
Bought by
119-129 Franklin Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,885,000
Outstanding Balance
$5,874,778
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$4,922,801

Purchase Details

Closed on
Jun 28, 2011
Sold by
Melo Cyntia P
Bought by
Weir Mary P

Purchase Details

Closed on
Dec 30, 2003
Sold by
Silvestre Mario
Bought by
Melo Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2002
Sold by
Waters Leighton
Bought by
Silvestre Mario and Silvestre Maria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2024 04/01/24 Rented $16,000 0.0% --
03/01/2024 03/01/24 Under Contract -- -- --
01/12/2024 01/12/24 For Rent $16,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,783 $1,149,400 $507,300 $642,100
2024 $11,882 $831,700 $247,300 $584,400
2023 $11,882 $765,100 $207,300 $557,800
2022 $12,262 $663,700 $172,300 $491,400
2021 $12,262 $612,800 $153,300 $459,500
2020 $12,732 $609,200 $152,300 $456,900
2019 $12,147 $577,900 $142,300 $435,600
2018 $12,633 $597,600 $134,300 $463,300
2017 $11,888 $576,800 $122,300 $454,500
2016 $11,520 $570,000 $127,300 $442,700
2015 $12,186 $547,200 $135,500 $411,700
2014 $11,311 $535,300 $148,100 $387,200
Source: Public Records

Agents Affiliated with this Home

  • Chris Katz/Remax Long Branch

    Landlord's Agent in 2024

    Chris Katz/Remax Long Branch

    Douglas Elliman of NJ LLC

    (732) 859-8505

    14 in this area

    46 Total Sales

    Chris Katz/Remax Long Branch
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22401145

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00217-0000-00026

New Jersey Monmouth County Long Branch 07740

129 Franklin Ave Unit SUMMER, Long Branch, NJ

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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