7 months on rocket

101 Franklin Ave, Long Branch, NJ, 07740

$1,550,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Full Baths, 1 Partial
House
Schools Nearby

Location

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101 Franklin Ave, Long Branch$1,550,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingPaved, Driveway, Off Street
Garage3 spaces
Year Built1907
HeatingNatural Gas
CoolingOther
BasementYes
WaterfrontOcean
MLS #22326875
Lot Size0.40 Acres
StatusActive

About 101 Franklin Ave

Grand Victorian Style multi-family home sits beautifully on a corner property and only one block from Ocean Avenue and Pier Village. Gracefully built in the early 1900s this home boasts character that is unmatched and that can be restored to area could be built on. The possibilities are endless.... 8 bedroom, 4.5 bathrooms are distributed in 3 family units and a full basement as well. Furnace only 1 year old; roof less than 8 years old; house has good bones and would be a beautiful restoration or rebuild

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, Victorian
  • Year Built: 1907
  • Stories: 3

Listing Office:

  • Office Name: Preferred Properties Real Estate
  • Listing Agent: Jennifer Pallante

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Atrium, Attic, Balcony, Ceilings - 9Ft+ 1st Flr, Ceilings - 9Ft+ 2nd Flr

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: Ocean
  • Exterior: Porch - Enclosed, Porch - Open, Porch - Covered

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Paved, Driveway, Off Street

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,550,000

Tax Information:

  • Annual Amount: $10,196
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Long Branch, NJ.

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Long Branch, NJ

City

Med. Sold Price

$749K

Med. Price/SqFt

$448

Avg. Days On Market

47

# of Sold Homes

22

101 Franklin Ave vs Long Branch

228 DAYS ON ROCKET

+181 Days

$1,550,000

+$801K More

KEY TAKEAWAY

This property is $801K more than the Median Sold Price in Long Branch, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22326875

Listing Office:

  • Office Name: Preferred Properties Real Estate
  • Listing Agent: Jennifer Pallante

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/12/2024, 12:50:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$10,196$499,800
2019$9,559$472,900
2018$9,560$452,200
2017$8,943$433,900

History based on county public records data.

Payment Calculator

$7,803

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,713

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-10660210
1
/10

  • Gregory Elementary School

  • 201 Monmouth Ave

  • 0.48 miles

  • Public District Grades PK-5

school-card-donut-10660211
4
/10

  • A A Anastasia Elementary School

  • 92 7th Ave

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-10660212
6
/10

  • Betty McElmon Elementary School

  • 20 Parker Rd

  • 2.02 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,658. The most common annual income of people living in Long Branch, NJ is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 101 Franklin Ave

What is the listing price of this property?

The listing price of 101 Franklin Ave property is $1,550,000.

What type of property is this?

The property 101 Franklin Ave is a house located in Long Branch, New Jersey, 07740.

Is this property for sale now?

Active Listing: 101 Franklin Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $10,196 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 101 Franklin Ave has 8 bedrooms and 4 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 101 Franklin Ave is 1907.

Rocket Homes›New Jersey›Monmouth County›Long Branch›07740›101 Franklin Ave

This home is located at 101 Franklin Ave in Long Branch, NJ and zip code 07740 in the Downtown / Arts District neighborhood. This home, which was built in 1907, sits on a 0.40 acre lot. Features: 8 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 26, 2023 and is currently priced at $1,550,000.

In April 2024, from all listings sold in Long Branch, NJ there were more than 1 sold above asking price, over 13 sold below and more than 8 were sold right at the asked price. In April 2024 in Long Branch, NJ there were 9.3% more homes for sale than in March 2024. While the average time on the market in April 2024 was 47 days, the median list price was $749,000.

From Rocket Homes Real Estate and based on county public records data.

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