RENTED JUN 2, 2025

129 Franklin Ave Long Branch, NJ 07740

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

2 Beds
1.5 Baths
4,063 Sq Ft
$234/Sq Ft Est. Value

Highlights

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

About This Home

As of June 2025

SUMMER RENTAL - Fully Furnished 2/3 Bedroom, 1.5 Bath. This charming property is just 3 blocks from the beach and Pier Village, offering the perfect spot for your summer getaway. The home comes fully furnished, so all you need to bring are your clothes and toiletries. Ideal for a relaxing beach vacation, it's within walking distance to the Long Branch train station, Monmouth Medical Center, and the beautiful beach. Additional perks include a 1-car garage for your convenience.
$18,000 for the full summer season. Don't miss out on this prime location for your summer retreat!

Last Agent to Rent the Property

Chris Katz/Remax Long Branch

Douglas Elliman of NJ LLC License #0681073 Listed on: 04/07/2025

Douglas Elliman of NJ LLC

Last Renter's Agent

Salvatrice Talbot

Preferred Properties Real Estate License #1430976

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,783

Year Built

  • 1907

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 5/16/25
  • 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: 2025-05-16

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Duplex
  • Subdivision Name: None
  • Architectural Style: Other
  • 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: 2025-05-16
  • Lease Terms Month to Month: Yes
  • Lease Terms Short Term: Yes
  • Lease Terms Winter: Yes
  • Special Features: None
  • Year Built: 1907

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • 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
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ocean Acre Condominium Association Inc -- Trident Abstract Title
119-129 Franklin Avenue Llc -- Trident Abstract Title
119-129 Franklin Avenue Llc $750,000 Trident Abstract Title
Weir Mary P $376,200 Chicago Title Insurance Co
Melo Cynthia $425,000 --
Silvestre Mario $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 119-129 Franklin Avenue Llc $5,885,000
Previous Owner Melo Cynthia $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2025 06/02/25 Rented $17,000 +183.3% --
05/16/2025 05/16/25 Under Contract -- -- --
04/28/2025 04/28/25 Price Changed $6,000 -66.7% $1 / Sq Ft
04/07/2025 04/07/25 For Rent $18,000 -- --
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 2025

    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
    Section Image

  • S

    Tenant's Agent in 2025

    Salvatrice Talbot

    Preferred Properties Real Estate

    (732) 759-1136

    15 Total Sales

    Salvatrice Talbot
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22509932

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00217-0000-00026

New Jersey Monmouth County Long Branch 07740

129 Franklin Ave, 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.

Nearby Homes