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Renovated Quadplex with Central Air
For Sale
$1,100,000
Pending

32 Franklin Avenue, Seaside Heights, NJ 08751

MULTI_FAMILY - Seaside Heights, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market113

Property Features for 32 Franklin Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Conforming Use
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 7, Bathroom 3, Bedroom 6, Bedroom 2, Bathroom 4, Bedroom 4, Basement, Bedroom 1
Parking features Off Street, Assigned
Patio and Porch features Deck
Interior features Recessed Lighting
Exterior features Outdoor Grill, Deck, Thermal Window, Board Walk, Insulated Doors, Lighting
Fencing Fenced
Lot features Ocean Block, Fenced Area, Oceanside
View Water
Directions GPs
Standard status Pending
APN 27-00004-01-00032
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8752

Utilities

Sewer type Public Sewer
Cooling system Multi Units, Central Air
Water source Public

Building Details

Year built 1940
Floors in Building 1
Number of units 4
Flooring type Tile - Ceramic, Vinyl
Roof type Shingle
Listing Agency: RE/MAX First Realty · RE/MAX International
Listed By: Frances Liteplo · License #8339492
Added: Apr 21 Changed: Aug 7 Last Checked: Aug 11 at 6:06AM
MLS# 22611137

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Completely renovated quadplex configured as two separate homes on one lot, with two units in the front home and two units in the back home. The front home offers Unit 1 as a 2-bedroom, 1-bath layout and Unit 2 as a 1-bedroom, 1-bath layout. The back home includes Units 3 and 4, each with a 2-bedroom, 1-bath setup. Interior features include recessed lighting, and finishes include tile (ceramic) and vinyl flooring. Cooling is provided via central air across the multi-unit property.

Outside, the property includes a fenced setting, thermal windows, insulated doors, and exterior lighting. Each home features a deck, and an outdoor grill is included. Parking is described as assigned and off-street. Public water and public sewer services support the property, with a shingle roof and a 1940 year built.

The current offering is positioned for seasonal use, with a stated rental history across each unit and renovations just finished.

Key Highlights

  • Completely renovated four‑unit quadplex with two homes on one lot
  • Front home: Unit 1 is 2 bed/1 bath and Unit 2 is 1 bed/1 bath
  • Back home: Units 3 and 4 are each 2 bed/1 bath

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Law Firm Nail Salon Electrical Service Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

591
Businesses Nearby

Demographics for 08751, NJ

3,867
Population
5,319
Households
0.7
Avg Household Size
48
Median Age
39%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
2,975
Density / Sq Mi
$75,000
Median Household Income
$52,273
Median Earnings
$1,437
Median Rent
$583,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit quadplex, completely renovated with central air, deck, and off-street assigned parking.
Where is this quadplex located?
The property is located at 32 Franklin Avenue Seaside Heights, NJ.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Completely renovated four‑unit quadplex with two homes on one lot; Front home: Unit 1 is 2 bed/1 bath and Unit 2 is 1 bed/1 bath; Back home: Units 3 and 4 are each 2 bed/1 bath
More about this property
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