NOT LISTED FOR SALE

71 Franklin Ave Ocean Grove, NJ 07756

Estimated Value: $503,000 - $637,000

1 Bed
1 Bath
498 Sq Ft
$1,142/Sq Ft Est. Value

Last Sold January 08, 2019

Last sale price $321,000 $645 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,783/month

26 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Built-In Features
  • No HOA
  • Porch
  • 4-minute walk to Ocean Grove Park

About This Home

As of January 2019

Don't Miss the Rare Opportunity to Own a Quintessential Ocean Grove Heated Cottage Just a Few Blocks to the Beach! This Low-Maintenance, Condo-Alternative Is Move-In Condition. Perfect for Year-Round Living or a Summer/Weekend Get-Away! Find Hardwood Floors Throughout the Sunlit Living, Dining & Bedroom Plus an Adorable Kitchen & Spacious Bathroom in This Beautifully Cared For Bungalow. Enjoy Al Fresco Options, Whether You're Grilling on The Paver Patio in the Rear or People Gazing From The Charming Open Front Porch. Freshly-Painted Exterior, Updated Windows & Newer Gutters Complete This Shore Get-Away! The Pull-Down Steps to Full Attic Provides Storage. It Even Comes with Great Rental History. HOME WARRANTY INCLUDED!

Last Agent to Sell the Property

Thea Bowers

RE/MAX Gateway License #0787334 Listed on: 11/22/2018

RE/MAX Gateway

Last Buyer's Agent

Thea Bowers

C21/ Coastal Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,002

Lot Details

  • Lot Dimensions are 14 x 60
  • Land Lease

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Light Fixtures
  • Blinds
  • Living Room
  • Dining Room
  • Wood Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Gas Cooktop
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Primary Bathroom Bathtub Only

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

  • Neptune Middle School

Utilities

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

Community Details

  • No Home Owners Association
  • Ocean Grove Subdivision

Listing and Financial Details

  • Exclusions: personal belongings
  • Assessor Parcel Number 35-00267-0000-00016

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoLotFeatures: Leased Land
  • Inclusions: Outdoor Lighting, AC Units, Window Treatments, Blinds/Shades, Light Fixtures, Microwave, Stove, Refrigerator, Gas Cooking
  • Subdivision Name: Ocean Grove
  • Architectural Style: Cottage/Bungalow
  • Reso Flooring: Wood
  • Reso Interior Features: Attic - Pull Down Stairs, Built-Ins, Dec Molding
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 14 x 60
  • Location Middle School: Neptune
  • Interior Attic - Pull Down Stairs: Yes
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • Included Gas Cooking: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Interior Dec Molding: Yes
  • Exterior Porch - Open: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Garage None4: Yes
  • Number Appliances Included A C Units: Yes
  • Included Outdoor Lighting: Yes
  • Included Window Treatments: Yes
  • Cooling Multi Units: Yes
  • Style CottageBungalow: Yes
  • Lot Description Leased Land: Yes
  • Special Features: None

Interior Features

  • Basement: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 5
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Appliances Included:Refrigerator: Yes
  • Basement:Slab: Yes
  • Appliances Included:Microwave: Yes
  • Primary Bedroom:Full Bath: Yes
  • Primary Bath:Tub: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: personal belongings
  • Exterior Features: Porch - Open, Lighting
  • Foundation Details: Slab

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: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Neptune

Lot Info

  • Land Lease: Yes
  • Lot Dimensions: 14 x 60
  • Parcel #: 35-00267-0000-00016
  • Zoning Description: Neighborhood

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5002.0

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 Chase Stephen J $230,700
Closed Chase Stephen J $256,800
Closed Waked William $50,000
Closed Waked William $90,000
Closed Veltri Ronald A $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2019 01/08/19 Sold $321,000 -- $645 / 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 $8,210 $523,500 $405,000 $118,500
2023 $8,210 $462,800 $398,000 $64,800
2022 $6,756 $350,100 $288,400 $61,700
2021 $4,925 $325,300 $277,900 $47,400
2020 $6,353 $304,700 $259,700 $45,000
2019 $4,925 $233,100 $190,900 $42,200
2018 $4,970 $232,800 $190,900 $41,900
2017 $5,002 $224,700 $185,900 $38,800
2016 $4,650 $208,500 $170,400 $38,100
2015 $4,960 $226,500 $189,300 $37,200
2014 $4,000 $150,100 $125,600 $24,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21835578

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 35-00267-0000-00016