$626,000 - $787,000
RENTED DEC 15, 2024

140 Franklin Ave Unit Front Ocean Grove, NJ 07756

2 Beds
1 Bath
-- Sq Ft
1927 Built

Highlights

  • No HOA
  • Hot Water Heating System
  • 1-Story Property
  • Bungalow

About This Home

As of December 2024

WINTER/SPRING RENTAL ONLY Available Nov 1st until May 15th 2025. Beautiful semi-furnished apartment with freshly updated interior! Come enjoy the charming historic town of Ocean Grove. Unit is on a corner lot with plenty of on-street parking and is just a short walk to Cookman Ave and Ocean Grove's beach. This studio style layout features hardwood floors, quartz countertops, a vintage style tub (original), and a spacious walk-in closet. Utilities and internet are included. No washer/dryer in unit. No Pets, No Smoking.

Last Agent to Rent the Property

David Wilson

Sackman Realty Brokerage Email: davidzwilsonrealtor@gmail.com License #1752940 Listed on: 10/05/2024

Sackman Realty

Last Renter's Agent

David Wilson

Weichert Realtors-Rumson

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,098

Year Built

  • Built in 1927

Home Design

  • Duplex
  • Bungalow

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Partially Furnished

Parking

  • No Garage
  • On-Street Parking

Schools

  • Neptune Middle School

Utilities

  • No Cooling
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Association fees include trash, electricity, water, heat, sewer
  • Ocean Grove Subdivision

Listing and Financial Details

  • Security Deposit $2,550
  • Property Available on 11/1/24
  • Month-to-Month Lease Term
  • Ask Agent About Lease Term
  • Assessor Parcel Number 35-00274-0000-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,098

Year Built

Built in 1927

Lot Details

0

Rental Info

  • Furnished: Partially
  • Available Date: 2024-11-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Duplex
  • Attribution Contact: davidzwilsonrealtor@gmail.com
  • Reso Association Fee Includes: Trash, Electricity, Water, Heat, Sewer
  • Subdivision Name: Ocean Grove
  • Architectural Style: Bungalow
  • Year Built: 1927
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Neptune
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Cooling None12: Yes
  • Contract Info Available Date: 2024-11-01
  • Maintenance Fees Security Deposit3: 2550.0
  • Lease Requirements Security Deposit4: Yes
  • Furnished Partial3: Yes
  • Lease Terms Month to Month: Yes
  • Lease Terms Winter: Yes
  • Fee Includes Heat4: Yes
  • Fee Includes Electricity3: Yes
  • Style Bungalow: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Stories: 1
  • BasementOther: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fee Includes:Trash: Yes
  • AssociationHOA Fee Includes:Water: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Parcel #: 35-00274-0000-00005

Range of Values:

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Average Value
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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
12/15/2024 12/15/24 Rented $3,900 +143.8% --
10/17/2024 10/17/24 Price Changed $1,600 -5.9% --
10/05/2024 10/05/24 For Rent $1,700 +13.3% --
11/07/2022 11/07/22 Rented $1,500 0.0% --
10/10/2022 10/10/22 For Rent $1,500 -- --
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 $8,098 $642,200 $375,000 $267,200
2024 $7,786 $471,100 $304,200 $166,900
2023 $7,786 $438,900 $366,100 $72,800
2022 $7,288 $417,300 $342,100 $75,200
2021 $7,083 $350,900 $293,100 $57,800
2020 $7,320 $351,100 $296,300 $54,800
2019 $7,083 $335,200 $284,400 $50,800
2018 $7,148 $334,800 $284,400 $50,400
2017 $7,121 $319,900 $244,900 $75,000
2016 $7,268 $325,900 $225,200 $100,700
2015 $6,476 $295,700 $197,400 $98,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22429023

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00274-0000-00005