NOT LISTED FOR SALE

131 Franklin Ave Ocean Grove, NJ 07756

Estimated Value: $643,000 - $724,000

2 Beds
1 Bath
1,025 Sq Ft
$676/Sq Ft Est. Value

Last Sold May 09, 2024

Last sale price $678,000 $661 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,679/month

8 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • Covered patio or porch
  • Deck
  • No HOA
  • Storm Windows

About This Home

As of May 2024

What an adorable cottage!! This Craftsman bungalow (circa 1921) is loaded with charm and is solid as a rock! It's got a sunny south facing location and a fabulous, large open porch. It's other features include an open living/dining room, hard wood floors throughout, a spacious kitchen with a washer/dryer and a full heated basement. The 2 zone boiler and hot water heater were replaced in 2017. Currently the home is being used as a 2 bedroom but replace a wall and you can easily make it 3! An added bonus is the walk-up attic that could be renovated for even more space!NOTE: SELLER WILL NEED TO LEASE BACK THE PROPERTY FOR 60 DAYS POST CLOSING @ $3000 per MONTH.Final and Best offers due 3/14 by 3pm.Email offers to gloriavsiciliano@gmail.com

Last Agent to Sell the Property

Janet Manni

RE/MAX Gateway License #9236673 Listed on: 03/09/2024

RE/MAX Gateway

Last Buyer's Agent

Thea Bowers

Gloria Nilson & Co. Real Estate

Gloria Nilson & Co. Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,791

Year Built

  • Built in 1921

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 30 x 60

Home Design

  • Craftsman Architecture
  • Shingle Roof

Interior Spaces

  • 1,025 Sq Ft Home
  • 1-Story Property
  • Light Fixtures
  • Window Screens
  • Living Room
  • Dining Room
  • Wood Flooring
  • Walkup Attic

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Deck
  • Covered patio or porch
  • Exterior Lighting

Schools

  • Neptune Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Ocean Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35-00272-0000-00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,791

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Outdoor Lighting, AC Units, Washer, Dishwasher, Dryer, Light Fixtures, Stove, Refrigerator, Screens
  • Subdivision Name: Ocean Grove
  • Architectural Style: Craftsman
  • Reso Interior Features: Attic - Walk Up
  • Year Built: 1921
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.04
  • General Property Info Lot Dimensions: 30 x 60
  • Location Middle School: Neptune
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Storm Window: Yes
  • Included Light Fixtures: Yes
  • Number Appliances Included A C Units: Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Exterior Storm Door(s): Yes
  • ExteriorDeck: Yes
  • Basement Heated: Yes
  • Cooling Multi Units: Yes
  • Interior Attic - Walk Up: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Heated, Unfinished
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • Stories: 1
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront: No
  • Exterior Features: Deck, Storm Door(s), Storm Window, Porch - Covered
  • Features Exterior:Porch Covered: Yes

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Natural Gas, Baseboard, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 30 x 60
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 35-00272-0000-00009
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9791.0

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Riedel Robb J $395,000
Closed Saunders Elizabeth A $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $678,000 +13.2% $661 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/09/2024 03/09/24 For Sale $599,000 0.0% $584 / Sq Ft
07/17/2018 07/17/18 Rented $1,200 -40.0% --
07/01/2017 07/01/17 Rented $2,000 0.0% --
07/28/2016 07/28/16 Sold $370,000 +14.6% $361 / Sq Ft
02/07/2014 02/07/14 Sold $323,000 -- $315 / Sq Ft
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
2024 $9,791 $581,700 $304,200 $277,500
2023 $9,791 $551,900 $366,100 $185,800
2022 $8,912 $519,000 $342,100 $176,900
2021 $7,562 $429,100 $293,100 $136,000
2020 $8,207 $393,600 $264,700 $128,900
2019 $7,562 $357,900 $237,000 $120,900
2018 $7,622 $357,000 $237,000 $120,000
2017 $7,190 $323,000 $225,200 $97,800
2016 $7,459 $323,000 $225,200 $97,800
2015 $6,660 $304,100 $197,400 $106,700
2014 $6,831 $265,700 $137,400 $128,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22405924

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00272-0000-00009