Two-Unit Duplex with Deck and Fenced
New
For Sale
$750,000
39 Franklin Avenue, Seaside Heights, NJ 08751
SINGLE_FAMILY - Seaside Heights, NJ
Property Size1,312 SF
Lot Size0.05 Acres
Price / SF$571.65
Days on Market4
Property Features for 39 Franklin Avenue
General Information
Property type
Residential
Property subtype
Duplex
Zoning description
Residential
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Basement, Bathroom 1, Bedroom 3, Bedroom 1, Bedroom 4, Bathroom 2
Parking features
On Street
Patio and Porch features
Deck, Patio, Porch
Fencing
Fenced
Lot features
Ocean Block
Directions
Ocean to Franklin Ave
Subdivision
Seaside Heights
Standard status
Active
APN
27-00003-01-00039
Size
1,312 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8400
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
covered front porch
stainless appliances
large deck
private zen-like sitting area
patio
fenced yard
Building Details
Year built
1940
Floors in Building
2
Flooring type
Tile - Ceramic, Engineered
Roof type
Shingle
Architectural style
Other
Listing Agency:
Weichert Realtors-Sea Girt
(732) 974-1000
Listed By:
Patricia Johnson
(732) 974-1000
Added: Jul 28
Changed: Jul 31
Last Checked: Jul 31 at 10:06PM
MLS# 22622924
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.
Two-unit duplex on the ocean block of Seaside Heights, NJ. Both units have 2 bedrooms and 1 full bathroom, with natural gas forced-air heat and central air. Each unit is metered separately for added convenience. Interior finishes include ceramic tile and engineered flooring, and the home offers a covered front porch.
Outdoor space features a large deck, patio, and fenced yard for entertaining. Practical systems and updates include a newer roof, newer kitchens with tiled flooring and backsplash, and stainless appliances. Parking is available on street. The property is served by public water and public sewer.
Built in 1940, the duplex provides a straightforward layout for owners looking to live in one unit and rent the other, or for year-round investment use.
Outdoor space features a large deck, patio, and fenced yard for entertaining. Practical systems and updates include a newer roof, newer kitchens with tiled flooring and backsplash, and stainless appliances. Parking is available on street. The property is served by public water and public sewer.
Built in 1940, the duplex provides a straightforward layout for owners looking to live in one unit and rent the other, or for year-round investment use.
Key Highlights
- Ocean‑block two‑unit duplex, each unit with 2 bedrooms and 1 full bath
- Separate gas heat and central air for each unit, both metered separately
- Large deck, patio, fenced yard, and covered front porch
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.5k | $25.56 |
| − Vacancy | −$2.2k | −$1.65 |
| EGI | $31.4k | $23.91 |
| − OpEx | −$9.4k | −$7.17 |
| NOI | $22.0k | $16.74 |
1,312 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$313.7K
$274.5K – $366.0K
NOI $21,958 @ 7.0% cap · market cap 2.93%
Second Best
Apartment 5plus
$288.2K
$252.2K – $336.3K
NOI $20,176 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$342.6K
$299.8K – $399.7K
NOI $23,981 @ 7.0% cap · market cap 3.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
591
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit ocean-block duplex with separate gas heat and central air, plus deck, patio, and fenced yard.
Where is this duplex located?
The property is located at 39 Franklin Avenue Seaside Heights, NJ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Ocean‑block two‑unit duplex, each unit with 2 bedrooms and 1 full bath; Separate gas heat and central air for each unit, both metered separately; Large deck, patio, fenced yard, and covered front porch
