NOT LISTED FOR SALE

69 Franklin Ave Ocean Grove, NJ 07756

Estimated Value: $1,023,000 - $1,145,000

6 Beds
3 Baths
2,096 Sq Ft
$526/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $980,000 $468 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,163/month

22 Days on Market

Highlights

  • Water Views
  • 1 Fireplace
  • Central Air
  • Wood Flooring
  • Patio
  • 4-minute walk to Ocean Grove Park

About This Home

As of November 2022

Stunning South-Facing 2-Family Just 5 Blocks to the Beach. The Main House Showcases 5BR/2BA While the Precious Turn-Key Features 1BR/1BA & Bonus Room. Each have their own W/D. Main House Boasts a Fabulous Wrap-Around Porch For Al Fresco Dining & Lounging, Spacious Living Room w/Gas Fireplace & Handsome Built-Ins. The Open-Floor Plan w/DR & Efficient Kitchen w/SS Appliances. 2 Beautiful Bedrooms w/Custom Closets & Impressive BA w/Walk-In Shower Complete 1st Fl. Venture Upstairs to Find 3 Addit'l BRs & 2nd BA w/Amazing Soaking Tub. Head to the Basement for Oodles of Storage! Separate Entrance for the Apartment Brings You to an Exceptional Upper Porch w/ Water Views, Spa-Like BA, Precious Kitchen, LR, Sunlit BR, Bonus Sleeping Room & W/D. CAC Replaced 9/2022. Best & Final Wednesday,10/5 @ 12

Last Agent to Sell the Property

Thea Bowers

RE/MAX Gateway License #0787334 Listed on: 10/01/2022

RE/MAX Gateway

Last Buyer's Agent

Jack Green IV

Jack Green Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,048

Year Built

  • Built in 1914

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 32 x 60

Home Design

  • Duplex
  • Shingle Roof
  • Cedar Shake Siding
  • Shake Siding
  • Vinyl Siding

Interior Spaces

  • 2,096 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Wood Flooring
  • Water Views
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Patio

Schools

  • Neptune Middle School

Utilities

  • Central Air
  • Furnace
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Ocean Grove Subdivision

Listing and Financial Details

  • Exclusions: Sellers personal items
  • Assessor Parcel Number 35-00267-0000-00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,048

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: Ocean Grove
  • Reso Flooring: Wood
  • Reso Interior Features: Attic - Pull Down Strs
  • Year Built: 1914
  • Contract Info List PriceSqFt: 390.74
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 32 x 60
  • Location Middle School: Neptune
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 1.0
  • Garage None4: Yes
  • SidingCedarShake: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Interior Attic - Pull Down Strs: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.04
  • Waterfront: No
  • Exclusions: Sellers personal items
  • Construction Type: Shake Siding
  • Exterior Features: Patio
  • Construction:Siding - Vinyl: Yes

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: Central Air
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Lot Dimensions: 32 x 60
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 35-00267-0000-00015
  • Zoning Description: Single Family, Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11048.0

Multi Family

  • Number Of Units Total: 2

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 1994
Sold by
Hamilton Nancy
Bought by
Hansen Eric and Hansen Mabel
Current Estimated Value
$1,103,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hansen Eric $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hansen Eric $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2022 11/17/22 Sold $980,000 +19.7% $468 / Sq Ft
10/23/2022 10/23/22 Pending -- -- --
10/01/2022 10/01/22 For Sale $819,000 -- $391 / 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 $16,386 $1,048,200 $518,100 $530,100
2024 $13,355 $953,200 $432,800 $520,400
2023 $13,355 $752,800 $425,800 $327,000
2022 $10,678 $587,300 $316,200 $271,100
2021 $9,249 $514,100 $305,700 $208,400
2020 $10,114 $485,100 $287,600 $197,500
2019 $9,249 $437,700 $252,400 $185,300
2018 $9,315 $436,300 $252,400 $183,900
2017 $9,278 $416,800 $246,500 $170,300
2016 $8,826 $395,800 $228,300 $167,500
2015 $9,069 $414,100 $250,600 $163,500
2014 $9,296 $348,800 $175,600 $173,200
Source: Public Records

Agents Affiliated with this Home

  • Thea Bowers

    Seller's Agent in 2022

    Thea Bowers

    RE/MAX

    (732) 361-0770

    73 in this area

    127 Total Sales

    Thea Bowers
    Section Image

  • J

    Buyer's Agent in 2022

    Jack Green IV

    Jack Green Realty LLC

  • Jack Green

    Buyer's Agent in 2022

    Jack Green

    Jack Green Realty

    (732) 832-9685

    56 in this area

    84 Total Sales

    Jack Green
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22230447

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00267-0000-00015

New Jersey Monmouth County Ocean Grove 07756

69 Franklin Ave, Ocean Grove, NJ

Not Listed for Sale

MultiFamily

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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