NOT LISTED FOR SALE

140 Franklin Ave Ocean Grove, NJ 07756

Estimated Value: $656,593 - $736,000

1 Bed
1 Bath
1,935 Sq Ft
$354/Sq Ft Est. Value

Last Sold February 08, 2017

Last sale price $310,000 $160 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,339/month

Highlights

  • Wood Flooring
  • Cottage
  • Home Security System
  • Furnished
  • Cooling Available
  • Ceiling Fan

About This Home

As of February 2022

WINTER/SPRING RENTAL Available 2/15-5/15. Beautiful 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 massive walk-in closet. Utilities and internet are included. More furnishings to be added prior to move-in date. No Pets, good credit required.Landlord is a licensed NJ

Last Agent to Rent the Property

Kory Lutes

Open Doors Realty, LLC License #2078227 Listed on: 02/04/2022

Last Renter's Agent

Kory Lutes

Open Doors Realty, LLC License #2078227 Listed on: 02/04/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,786

Year Built

  • Built in 1927

Lot Details

  • 1,742 Sq Ft Lot

Home Design

  • Duplex
  • Cottage

Interior Spaces

  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Crawl Space
  • Home Security System

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Microwave

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • On-Street Parking

Schools

  • Neptune Middle School

Utilities

  • Cooling Available
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Security Deposit $1,500
  • Property Available on 2/15/22
  • Month-to-Month Lease Term
  • Ask Agent About Lease Term
  • Short Term Lease
  • Assessor Parcel Number 35-00274-0000-00005

Community Details

Overview

  • 2 Units

Pet Policy

  • Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,786

Year Built

Built in 1927

Lot Details

0

Rental Info

  • Furnished: Yes
  • Available Date: 2022-02-15

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Inclusions: Wall Oven, Stove Hood, Ceiling Fan(s), Security System, Microwave, Refrigerator, Electric Cooking
  • Subdivision Name: None
  • Architectural Style: Cottage/Bungalow
  • Year Built: 1927
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.04
  • Location Middle School: Neptune
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Included Electric Cooking: Yes
  • Included Stove Hood: Yes
  • Cooling Electric3: Yes
  • Garage None4: Yes
  • Included Ceiling Fan(s): Yes
  • Contract Info Available Date: 2022-02-15
  • Maintenance Fees Security Deposit3: 1500.0
  • Lease Requirements Security Deposit4: Yes
  • Kitchen Floor - Wood4: Yes
  • Style CottageBungalow: Yes
  • Allowable Cats2: Yes
  • Furnished Yes: Yes
  • Lease Terms Month to Month: Yes
  • Lease Terms Short Term: Yes
  • Lease Terms Winter: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Foyer Floor - LinoleumVinyl: Yes
  • Included Security System7: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1
  • Stories: 1
  • Appliances Included:Refrigerator: Yes
  • Basement:Crawl Space: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Wall Oven: Yes

Exterior Features

  • Acres: 0.04
  • 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
  • Heating: Hot Water
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Hot Water: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Size Sq Ft: 1742.4
  • Parcel #: 35-00274-0000-00005

Multi Family

  • Number Of Units Total: 2

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 Lutes Kory $325,000
Closed Lutes Kory $283,882
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Rented $1,400 0.0% --
02/04/2022 02/04/22 For Rent $1,400 0.0% --
02/08/2017 02/08/17 Sold $310,000 +19.2% $160 / Sq Ft
02/25/2016 02/25/16 Sold $260,000 -- $134 / 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 $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

  • K

    Landlord's Agent in 2022

    Kory Lutes

    Open Doors Realty, LLC

    (917) 690-5390

    1 Total Sale

    Section Image

  • G

    Seller's Agent in 2017

    Gary Huizenga

    C21/ Coastal Realtors

    (732) 774-7166

    27 in this area

    40 Total Sales

    Section Image

  • P

    Buyer's Agent in 2017

    Patrick Schiavino

    Genesis Realty & Management

  • A

    Buyer's Agent in 2016

    Anna Jackow

    C21/ Coastal Realtors

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22203002

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00274-0000-00005

New Jersey Monmouth County Ocean Grove 07756

140 Franklin Ave, Ocean Grove, NJ

This home is located at 140 Franklin Ave, Ocean Grove, NJ 07756 since 04 February 2022 and is currently priced at $685,148. This property was built in 1927. 140 Franklin Ave is a home located in Monmouth County with nearby schools including Neptune High School, Hope Academy Charter School, and Our Lady of Mount Carmel School.

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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