NOT LISTED FOR SALE

56 Franklin Ave Ocean Grove, NJ 07756

Estimated Value: $713,000

2 Beds
1 Bath
832 Sq Ft
$857/Sq Ft Est. Value

Highlights

  • Lake Front
  • Wood Flooring
  • Cottage
  • Lake On Lot
  • Furnished
  • 2-minute walk to Ocean Grove Park

About This Home

As of December 2023

FABULOUS Ocean Grove WINTER RENTAL from November 1 to May 15, 2024 for $2300 per month that includes all utilities and monthly cleaning. You will love spending time in this CHARMING Ocean Grove Cottage with views of Fletcher Lake. Located on the desirable South End of town. This adorable home is located close to town, shopping, trains, beach and boardwalk! The home offers a great, private porch and side yard area! MOVE RIGHT IN and enjoy the best time the FALL at the beach! NO PETS, SMOKERS, or VAPORSor CBD! Good credit a must!!!

Last Agent to Rent the Property

Denise Sherman-Pula

Jack Green Realty License #0446543 Listed on: 10/23/2023

Jack Green Realty

Last Renter's Agent

Denise Sherman-Pula

Jack Green Realty License #0446543 Listed on: 10/23/2023

Jack Green Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,077

Year Built

  • Built in 1929

Lot Details

  • 1,742 Sq Ft Lot
  • Lake Front

Home Design

  • Cottage

Interior Spaces

  • 832 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Crown Molding
  • Awning
  • Living Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Property is near a lake
  • Lake On Lot
  • Lake Property
  • Patio
  • Exterior Lighting
  • Porch

Schools

  • Neptune Middle School
  • Neptune Twp High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • Ocean Grove Subdivision

Listing and Financial Details

  • Security Deposit $2,300
  • Property Available on 11/1/17
  • Ask Agent About Lease Term
  • Short Term Lease
  • Assessor Parcel Number 35-00281-0000-00004

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,077

Year Built

Built in 1929

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Available Date: 2017-11-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Stove, Awnings, Microwave, Outdoor Lighting, Refrigerator, Dishwasher, Dryer
  • Subdivision Name: Ocean Grove
  • Architectural Style: Cottage/Bungalow, Ranch
  • Reso Flooring: Ceramic Tile, Tile, Wood
  • Reso Interior Features: Dec Molding
  • Year Built: 1929
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Assigned Parking: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.04
  • Location Middle School: Neptune
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Dec Molding: Yes
  • Exterior Porch - Open: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Style Ranch: Yes
  • Kitchen Eat-In: Yes
  • Contract Info Available Date: 2017-11-01
  • Maintenance Fees Security Deposit3: 2300.0
  • Lease Requirements Security Deposit4: Yes
  • Kitchen Floor - Wood4: Yes
  • Floors Tile: Yes
  • Cooling Multi Units: Yes
  • Style CottageBungalow: Yes
  • Furnished Full2: Yes
  • Included Awnings: Yes
  • Lease Terms Short Term: Yes
  • Lease Terms Winter: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Water Type Lake: Yes
  • Included Outdoor Lighting3: Yes
  • Exterior Lake3: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Primary Bedroom Floor - Wood8: Yes

Exterior Features

  • Acres: 0.04
  • Waterfront Features: Lake
  • Waterfront: No
  • Exterior Features: Patio, Porch - Open, Lake

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: Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Size Sq Ft: 1742.4
  • Parcel #: 35-00281-0000-00004

Multi Family

  • Number Of Units Total: 1

MLS Schools

  • High School: Neptune Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 1991
Bought by
Carolan Andrea
Current Estimated Value
$713,000
Source: Public Records

Range of Values:

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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
Carolan Andrea $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephan John H $161,782
Closed Carolan Andrea $100,000
Closed Carolan Andrea $150,000
Closed Stephan John H $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Rented $12,650 +450.0% --
11/20/2023 11/20/23 Under Contract -- -- --
10/23/2023 10/23/23 For Rent $2,300 -79.1% --
12/17/2021 12/17/21 Rented $11,025 +350.0% --
10/13/2021 10/13/21 For Rent $2,450 -62.9% --
02/15/2021 02/15/21 Rented $6,600 +200.0% --
02/07/2021 02/07/21 Under Contract -- -- --
01/28/2021 01/28/21 Price Changed $2,200 -4.3% $3 / Sq Ft
01/15/2021 01/15/21 For Rent $2,300 -74.2% --
11/16/2020 11/16/20 Rented $8,900 +287.0% --
11/10/2020 11/10/20 Under Contract -- -- --
11/05/2020 11/05/20 Price Changed $2,300 -8.0% $3 / Sq Ft
09/29/2020 09/29/20 For Rent $2,500 -80.8% --
07/01/2019 07/01/19 Rented $13,000 +23.8% --
10/13/2018 10/13/18 Rented $10,500 +5.0% --
06/26/2018 06/26/18 Rented $10,000 -11.3% --
10/13/2017 10/13/17 Rented $11,274 -- --
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 $11,077 $702,400 $529,200 $173,200
2024 $9,326 $644,400 $429,700 $214,700
2023 $9,326 $525,700 $346,500 $179,200
2022 $9,544 $517,100 $346,500 $170,600
2021 $8,623 $459,500 $328,300 $131,200
2020 $9,099 $436,400 $312,100 $124,300
2019 $8,623 $408,100 $291,500 $116,600
2018 $8,694 $407,200 $291,500 $115,700
2017 $7,108 $319,300 $244,900 $74,400
2016 $6,654 $298,400 $225,200 $73,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22329573

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00281-0000-00004