129 Franklin Avenue

Seaside Heights, NJ 08751

$1,299,900
Price
7
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This New construction rental friendly construction is the opportunity you were waiting for. It can generate upwards of $100k+ annually in rental income. One of the biggest homes in Seaside Heights, every bedroom has a bathroom, First unit 3 bedroom 3 bathrooms, the second unit has 4 bedrooms 4 bathrooms. Live in the upstairs unit, let the unit downstairs pay for cost of ownership or rent it all. There is ample parking in the carport located under the units, this FEMA compliant construction is located...This New construction rental friendly construction is the opportunity you were waiting for. It can generate upwards of $100k+ annually in rental income. One of the biggest homes in Seaside Heights, every bedroom has a bathroom, First unit 3 bedroom 3 bathrooms, the second unit has 4 bedrooms 4 bathrooms. Live in the upstairs unit, let the unit downstairs pay for cost of ownership or rent it all. There is ample parking in the carport located under the units, this FEMA compliant construction is located a short walk from the Seaside Heights Boardwalk, won't last long. 1 HR from NYC, AC, Philly.
  1. Listed by Michael Loundy • Seaside Heights Realty Inc.
  2. Listed by Erick Hernandez-Juarez • Seaside Heights Realty Inc.

Property Details for 129 Franklin Avenue

Complex/Subdivision
None
Zoning
Multi-Family, Residential
New Construction
No
Waterview
Yes
Directions
Located just one and a half blocks from the Classic American Seaside Heights Boardwalk. Centrally Located.

Location

Listing Courtesy of Seaside Heights Realty Inc.
Add your commute
LISTING UPDATED: 05/09/2024 12:03 AM

Property Details for 129 Franklin Avenue

StatusActive
MLS #22412833
Days on Market16
Taxes$14,618 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Two Family
Year Built-
Lot Size-
CountyOcean County

Location

Listing Courtesy of Seaside Heights Realty Inc.
Add your commute

Building Information for 129 Franklin Avenue

Stories-Residences2Year Built-Building Size-Lot Size-

Payment Calculator

$8,312 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,094

Property Taxes

$1,218

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 129 Franklin Avenue

Summary
Location and General Information
  • Area/Section: Seaside Heights
  • Postal City: Seaside Heights
  • State: NJ
  • Municipality: Seaside Heights (SEH)
  • # Units in Bldg: 2
  • Block: 11
Parking
  • Garage: No
  • Parking: Carport, Covered, Off Street
  • # Car Garage: 0.0
  • # Parking Spaces: 4.0
Taxes and HOA Information
  • Tax ID#: 1111111111
  • Taxes: $14,618.00
  • Tax Year: 2023
Property
Lot Information
  • Lot: 27
Property and Assessments
  • Assessment - Total: 0.0
  • Assessment Status: Assessed
  • Possession: At Closing
  • Deed Restricted: No
  • Property Sub-Type: Two Family
Utilities
  • Water Heater: Natural Gas, Tankless
  • Water Type: Oceanview
  • Water/Sewer: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Pool: Other
  • Waterfront: No
  • Roof: Shingled
  • Exterior: Deck, Lighting, Ocean View, Screens, Terrace
Interior Features
  • Interior: Cable TV, Recessed Lighting
  • Basement: Slab
  • Floors: Laminate, Vinyl
  • Bedrooms: 7
  • Siding: Vinyl
Multi Family
Unit 1
  • Unit 1: AC Unit, Furnace, Gas Stove
  • Unit 1: # Bedrooms: 3
  • Unit 1: # Full Baths: 3
Unit 2
  • Unit 2: AC Unit, Dryer, Electric Meter, Furnace, Gas Stove, Washer
  • Unit 2: # Bedrooms: 4
  • Unit 2: # Full Baths: 4

Property History for 129 Franklin Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 129 Franklin Avenue

Taxable ValueLand$90,000Additions$465,800Total$555,800
Tax Record2022$13,901 ($1,158 / month)
Home Facts
Beds0Total Finished SqFt3,280 SqFtAbove Grade Finished SqFt3,280 SqFtLot Size3,000 SqFtStyleSingle Family ResidenceYear Built2020ZoningRBCountyOCEANAPN27 00011-0000-00027

Schools near 129 Franklin Avenue

This home is within Seaside Heights School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Hugh J Boyd Jr Elementary School
PublicPK to 6

Central Regional Middle School
Public7 to 8

Central Regional High School
Public9 to 12

Toms River High - East High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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129 Franklin Avenue is a multi-family home for sale in Seaside Heights, NJ 08751. This property was listed for sale on May 8, 2024 by Seaside Heights Realty Inc., it's currently listed at $1,299,900. It has been on the market for a total of 16 days and was last sold on July 28, 2017. This listing's school districts are Seaside Heights School District, Central Regional School District, Toms River Regional School District. Nearby schools include Hugh J Boyd Jr Elementary School, Central Regional Middle School and Central Regional High School. 129 Franklin Avenue is a 7-bed, 0-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Seaside Heights Realty Inc.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.