NOT LISTED FOR SALE

47 Franklin Ave Ocean Grove, NJ 07756

Estimated Value: $981,000 - $1,061,668

5 Beds
2.5 Baths
1,950 Sq Ft
$519/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $625,000 $321 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,742/month

9 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • No HOA
  • Lake On Lot
  • Victorian Architecture
  • 2-minute walk to Ocean Grove Park

About This Home

As of January 2021

Welcome to historic Ocean Grove! Enjoy life at the beach in this charming home featuring hardwood floors, 5 Bedrooms (possible 6th Bedroom), 2.5 Bathrooms, 3 zone heat, rocking chair front porch with water views of Fletcher Lake, 2nd & 3rd floor balconies, ocean views and more! Just one block to the beach and boardwalk close to downtown and Asbury Park this home will not last! Schedule your showing today!

Last Agent to Sell the Property

Michael Zadlock

RE/MAX Revolution License #1863181 Listed on: 11/30/2020

RE/MAX Revolution

Last Buyer's Agent

Michael Zadlock

D'Amico & McConnell Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,544

Parking

  • On-Street Parking

Home Design

  • Victorian Architecture
  • Shingle Roof

Interior Spaces

  • 1,950 Sq Ft Home
  • 3-Story Property
  • Ocean Views
  • Basement
  • Crawl Space

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Lake On Lot
  • Balcony
  • Enclosed Patio or Porch

Schools

  • Neptune Middle School
  • Neptune Twp High School

Utilities

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

Community Details

  • No Home Owners Association
  • Ocean Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 35-00266-0000-00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,544

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Reso View: Waterview
  • Subdivision Name: Ocean Grove
  • Architectural Style: Victorian
  • Reso Flooring: Wood
  • General Property Info Waterview: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • Location Middle School: Neptune
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Kitchen Floor - Laminate2: Yes
  • Water Type Lake: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space, Other
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 3
  • Basement:Crawl Space: Yes
  • BasementOther: Yes
  • Primary Bedroom:Floor - Wood6: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront Features: Lake Front, Oceanview
  • Waterfront: No
  • Construction Type: Other
  • Exterior Features: Balcony
  • Patio And Porch Features: Porch - Enclosed
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, HWBB, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Parcel #: 35-00266-0000-00013
  • Zoning Description: Single Family

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9544.0

MLS Schools

  • High School: Neptune Twp

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 Smith Marian T $500,000
Closed Smith Marian T $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $625,000 +11.6% $321 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $560,000 -- $287 / 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 $16,753 $1,084,300 $529,200 $555,100
2024 $12,008 $974,600 $429,700 $544,900
2023 $12,008 $676,900 $346,500 $330,400
2022 $10,562 $612,700 $346,500 $266,200
2021 $9,544 $508,500 $328,300 $180,200
2020 $10,068 $482,900 $312,100 $170,800
2019 $9,544 $451,700 $291,500 $160,200
2018 $9,618 $450,500 $291,500 $159,000
2017 $8,728 $392,100 $244,900 $147,200
2016 $8,253 $370,100 $225,200 $144,900
2015 $8,234 $398,800 $257,400 $141,400
2014 $7,247 $290,700 $182,400 $108,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22041086

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00266-0000-00013