NOT LISTED FOR SALE

307 Franklin Ave Seaside Heights, NJ 08751

Estimated Value: $520,477 - $665,000

3 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold November 10, 2020

Last sale price $304,500

Est. 89% increase in value since last sale

Current estimated payment $3,561/month

43 Days on Market

Highlights

  • Bayside
  • Storm Doors
  • Heating Available
  • Multiple cooling system units

About This Home

As of November 2020

Charming Cape Cod home on spacious 50x100 lot in a great part of town. Great investment opportunity with two income producing units; or buy and live in one unit and rent the other. First floor has two bedrooms, one bath, kitchen and washer and dryer. Upstairs unit has one large bedroom and living room with full bath and kitchen. The bonus is the large back yard with tons of space and plenty of off-street parking.

Last Agent to Sell the Property

Eric Birchler

Birchler Realtors Listed on: 08/09/2020

Last Buyer's Agent

Eric Birchler

RE/MAX at Barnegat Bay License #8934045

RE/MAX at Barnegat Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,938

Year Built

  • Built in 1950

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Storm Doors

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage
  • Off-Street Parking

Location

  • Bayside

Utilities

  • Multiple cooling system units
  • Heating Available
  • Separate Meters
  • Separate Water Meter
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 27-00027-0000-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,938

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Bayside
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl
  • New Construction: No
  • Year Built: 1950
  • Contract Info New Construction: No
  • 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: 50 x 100
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Exterior Storm Door(s): Yes
  • Lot Description Bayside2: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces: 4.0
  • Unit 1 Electric Meter: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Acres: 0.11
  • Waterfront: No
  • Exterior Features: Storm Door(s)
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, None
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric: Yes

Lot Info

  • Lot Dimensions: 50 x 100
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00027-0000-00007
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4938.0
  • Tax Other Annual Assessment Amount: 209700.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2020
Closed on
Nov 6, 2020
Sold by
Maa Holdings Llc
Bought by
Brogan Seaside Llc
Seller's Agent
Eric Birchler
Birchler Realtors
Buyer's Agent
Eric Birchler
RE/MAX at Barnegat Bay
List Price
$344,900
Sold Price
$304,500
Premium/Discount to List
-$40,400
-11.71%
Current Estimated Value
$575,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,369
Avg. Annual Appreciation
13.86%

Purchase Details

Listed on
May 21, 2019
Closed on
Jul 26, 2019
Sold by
Aller Nothing Prop Mgmt Ltd Libility Co
Bought by
Maa Boldings Llc
Seller's Agent
Edward Fitchik
Berkshire Hathaway HomeServices Zack Shore Realtors
Buyer's Agent
Eric Birchler
RE/MAX at Barnegat Bay
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.09%
Original Mortgage
$168,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2015
Closed on
Nov 17, 2015
Sold by
Arminio Donald D
Bought by
Aller Nothing Property Management Llc
Seller's Agent
Michael Loundy
Seaside Heights Realty Inc.
Buyer's Agent
Edward Fitchik
United Real Estate Associates
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.10%

Purchase Details

Closed on
Jun 19, 1998
Sold by
Clements Katherine E
Bought by
Darminio Donald

Purchase Details

Closed on
Mar 12, 1998
Sold by
Clements Katherine E
Bought by
Darminio Donald
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brogan Seaside Llc $304,500 University Title Ins Agcy
Brogan Seaside Llc $304,500 University Title
Maa Boldings Llc $210,000 Counsellors Title Agency Inc
Aller Nothing Property Management Llc $125,000 Counsellors Title Agency Inc
Darminio Donald $65,000 First American
Darminio Donald $65,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maa Boldings Llc $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/10/2020 11/10/20 Sold $304,500 -8.3% --
09/21/2020 09/21/20 Pending -- -- --
08/27/2020 08/27/20 Price Changed $332,000 -3.7% --
08/09/2020 08/09/20 For Sale $344,900 +64.2% --
07/26/2019 07/26/19 Sold $210,000 +68.0% -- View Prior Sale
11/17/2015 11/17/15 Sold $125,000 -- -- View Prior Sale
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 $5,943 $681,500 $575,000 $106,500
2024 $5,515 $209,700 $150,000 $59,700
2023 $5,245 $209,700 $150,000 $59,700
2022 $5,245 $209,700 $150,000 $59,700
2021 $5,075 $209,700 $150,000 $59,700
2020 $5,092 $209,700 $150,000 $59,700
2019 $4,938 $209,700 $150,000 $59,700
2018 $4,808 $209,700 $150,000 $59,700
2017 $4,718 $209,700 $150,000 $59,700
2016 $4,639 $209,700 $150,000 $59,700
2015 $4,477 $209,700 $150,000 $59,700
2014 $4,100 $209,700 $150,000 $59,700
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Eric Birchler

    Birchler Realtors

  • E

    Seller's Agent in 2019

    Edward Fitchik

    Berkshire Hathaway HomeServices Zack Shore Realtors

    Section Image

  • K

    Buyer Co-Listing Agent in 2019

    Karin Farley

    Birchler Realtors

  • Michael Loundy

    Seller's Agent in 2015

    Michael Loundy

    Seaside Heights Realty Inc.

    (732) 330-6651

    225 in this area

    262 Total Sales

    Michael Loundy
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22027534

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00027-0000-00007

New Jersey Ocean County Seaside Heights 08751

307 Franklin Ave, Seaside Heights, NJ

This home is located at 307 Franklin Ave, Seaside Heights, NJ 08751 since 09 August 2020 and is currently estimated at $575,869. This property was built in 1950. 307 Franklin Ave is a home located in Ocean County with nearby schools including Hugh J. Boyd Jr. Elementary School, Central Regional Middle School, and Central Regional High 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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