NOT LISTED FOR SALE

139 Franklin Ave Ocean Grove, NJ 07756

Estimated Value: $732,000

2 Beds
12 Baths
1,942 Sq Ft
$377/Sq Ft Est. Value

Last Sold December 13, 2016

Last sale price $328,000 $169 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $5,084/month

22 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Zoned Heating
  • 1 Fireplace
  • Storm Windows
  • Fenced

About This Home

As of December 2016

A Truly Remarkable Spacious Craftsman Style HOME! Built as a Single Family, Currently Recognized as a 2 Family, Would make a Great Single Family Home! Vinyl Fenced in Backyard Area! Plenty of Charm here with Inlaid Hardwood Floors in the Main Living Space, 2 Panel Solid Wood Doors, Wide Decorative Moldings, Stone Gas Burning Fireplace in 1st Floor Living Room, 2 Zone Heat on Gas Furnace, Hot Water Heater from 2016, Timberline Roof from 2003, Separate Electric Meters, 1 Gas Meter, 1 Water Meter, Chimney Needs Liner for Furnace. Some Unfinished Trim Work on 1st Floor Bath & BR Area. All Doors for Rooms on 1st Floor Unit are in Basement, They were in process of being Finished. This is an 'As Is', Buyer is Responsible for Certificates of Occupancies thru Neptune Twp. This is a Short Sale, the Listing Price Reflects the Work Needed.

Last Agent to Sell the Property

Mike Mennie

Pittenger Realty LLC License #9591043 Listed on: 09/15/2016

Last Buyer's Agent

Keith Reinhard

Sea Point Realtors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,063

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 30 x 60
  • Fenced
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Asphalt Rolled Roof
  • Aluminum Siding
  • Stucco Exterior

Interior Spaces

  • 1,942 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Walkup Attic

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 12 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • No Garage
  • On-Street Parking

Schools

  • Neptune Middle School
  • Neptune Twp High School

Utilities

  • Zoned Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Ocean Grove Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for hot water, yard maintenance, water, snow removal, sewer, heat, gas
  • Assessor Parcel Number 35-00273-0000-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,063

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Corner Lot, Level
  • Subdivision Name: Ocean Grove
  • Reso Flooring: Wood, Ceramic Tile
  • Reso Interior Features: Attic - Walk Up
  • New Construction: No
  • Year Built: 1930
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 30 x 60
  • Location Middle School: Neptune
  • Lot Description Corner Lot: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Storm Window: Yes
  • SidingAluminum: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 1.0
  • Garage None4: Yes
  • Exterior Storm Door(s): Yes
  • Roof Timberline: Yes
  • Basement Heated: Yes
  • Interior Attic - Walk Up: Yes
  • Siding Stucco - Cement: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Electric Stove3: Yes
  • Unit 1 Washer2: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 2 Gas Stove2: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Heated
  • Basement: Yes
  • Full Bathrooms: 12
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle, Timberline
  • Waterfront: No
  • Exclusions: Personal Property
  • Construction Type: Aluminum Siding, Stucco
  • Exterior Features: Fence, Storm Door(s), Storm Window

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None, On Street
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 30 x 60
  • Parcel #: 35-00273-0000-00005
  • Zoning Description: Single Family, Residential, Planned Residential, Neighborhood, Multi-Family, Conforming Use

Rental Info

  • Tenant Pays: Electricity
  • Owner Pays: Hot Water, Yard Maintenance, Water, Snow Removal, Sewer, Heat, Gas

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 7063.0
  • Tax Other Annual Assessment Amount: 353400.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Neptune Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2003
Sold by
Knoll Barbara
Bought by
Hesterfer Robert
Current Estimated Value
$732,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 1994
Sold by
Narvid Virginia
Bought by
Knoll Barbar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
7.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Hesterfer Robert $350,000 --
Knoll Barbar $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shilad Selena $120,000
Open Shilad Selena $311,600
Closed Hesterfer Robert W $400,000
Closed Hesterfer Robert W $282,500
Previous Owner Hesterfer Robert $280,000
Previous Owner Knoll Barbar $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2016 12/13/16 Sold $328,000 -- $169 / 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 $13,154 $919,300 $304,200 $615,100
2023 $13,154 $741,500 $366,100 $375,400
2022 $10,788 $709,900 $342,100 $367,800
2021 $10,259 $519,400 $293,100 $226,300
2020 $10,648 $510,700 $296,300 $214,400
2019 $10,259 $485,500 $284,400 $201,100
2018 $10,336 $484,100 $284,400 $199,700
2017 $8,352 $375,200 $244,900 $130,300
2016 $7,881 $353,400 $225,200 $128,200
2015 $7,063 $322,500 $197,400 $125,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21636158

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00273-0000-00005