NOT LISTED FOR SALE

135 Franklin Ave Unit 2 Family Seaside Heights, NJ 08751

Estimated Value: $644,000 - $729,000

6 Beds
3 Baths
2,300 Sq Ft
$295/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $395,000 $172 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,283/month

Highlights

  • Attic
  • Forced Air Heating System
  • 2 Car Garage
  • Oversized Parking

About This Home

As of June 2021

2 Family just two short blocks to the beach. Separately metered gas and electric. Has oversized detached 2 car garage w loft above. Has 2 year around long term tenants. 5 car off street parking. Walk to rides, beautiful beaches, boardwalk, stores, shopping. 1 hr from NYC, AC and Philly. Need appointments to show. Contact LB for details

Last Agent to Sell the Property

Michael Loundy

Seaside Heights Realty Inc. License #8435976 Listed on: 03/12/2021

Last Buyer's Agent

Michael Loundy

Seaside Heights Realty Inc. License #8435976 Listed on: 03/12/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,817

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 40 x 100

Parking

  • 2 Car Garage
  • Oversized Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water, heat, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 11111111

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,817

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Interior Features: Attic
  • Year Built: 1940
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40 x 100
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Garage Oversized: Yes
  • General Property Info # Parking Spaces: 5.0
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Off Street, Oversized
  • Total Parking Spaces: 5.0
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 40 x 100
  • Parcel #: 11111111
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Hot Water, Heat, Gas, Electricity
  • Owner Pays: Water, Sewer

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6817.0
  • Tax Other Annual Assessment Amount: 297300.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
May 25, 2021
Sold by
Stabile Gary W
Bought by
Zhou Zhi and Zhou Xiang Qun
Seller's Agent
Michael Loundy
Seaside Heights Realty Inc.
Buyer's Agent
Michael Loundy
Seaside Heights Realty Inc.
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%
Current Estimated Value
$679,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,474
Avg. Annual Appreciation
12.93%
Original Mortgage
$296,250
Outstanding Balance
$267,633
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$411,841

Purchase Details

Closed on
Apr 13, 1988
Bought by
Stabile Gary W
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Zhou Zhi $395,000 Title Authority Llc
Zhou Zhi $395,000 None Listed On Document
Stabile Gary W $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Zhi $296,250
Closed Zhou Zhi $296,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2021 06/04/21 Sold $395,000 -1.2% $172 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $399,900 -- $174 / 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
2025 $8,425 $703,200 $520,000 $183,200
2024 $7,819 $297,300 $180,000 $117,300
2023 $7,435 $297,300 $180,000 $117,300
2022 $7,435 $297,300 $180,000 $117,300
2021 $7,195 $297,300 $180,000 $117,300
2020 $7,218 $297,300 $180,000 $117,300
2019 $7,001 $297,300 $180,000 $117,300
2018 $6,817 $297,300 $180,000 $117,300
2017 $6,689 $297,300 $180,000 $117,300
2016 $6,576 $297,300 $180,000 $117,300
2015 $6,347 $297,300 $180,000 $117,300
2014 $5,812 $297,300 $180,000 $117,300
Source: Public Records

Agents Affiliated with this Home

  • Michael Loundy

    Seller's Agent in 2021

    Michael Loundy

    Seaside Heights Realty Inc.

    (732) 330-6651

    212 in this area

    250 Total Sales

    Michael Loundy
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22107218

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00011-0000-00033

New Jersey Ocean County Seaside Heights 08751

135 Franklin Ave Unit 2 Family, Seaside Heights, 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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