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132 Franklin Avenue, Long Branch, NJ 07740

New Listing

$1,200,000

Property Type: Commercial Lot Size (sq. ft.): 19,602 Status: Active

Current Price: $1,200,000 List Date: 6/13/2026 Last Modified: 6/13/2026

Overview

Description

132 Franklin Avenue presents a rare opportunity to own a 4 Family house with a detached cottage and a detached garage with a studio apartment. Just moments from the Atlantic Ocean in one of Long Branch's most rapidly evolving neighborhoods. Buyers are responsible for confirming leases, survey and zoning. Property is to be sold in as is condition. Please do not approach the property or tenants without an appointment. Showing instructions in agent notes.

Listing Details MLS# 22617950

Contract Info

Property Sub-Type: Multi Family
Sale: Yes
Lease: No
New Construction: No

Location

House Number: 132
Street Name: Franklin
Street Suffix: Avenue
County: Monmouth
Municipality: Long Branch (LON)
Postal City: Long Branch
State: NJ
Zip Code: 07740
Area/Section: None
Complex/Subdivision: None
Directions: Ocean Blvd to Franklin Ave. Property on Franklin Ave near Chelsea Ave, close to Pier Village and Long Branch beaches

General Property Info

Handicap Access: No
# Levels: 2
# Elevators: 2
Garage: Yes
Acreage: 0.45
Lot Dimensions: 100 x 196
Business Operating: No
Franchise: No
Lease Expiration Date: 2015-10-02
# Car Garage: 0

Tax and Legal

Asmnt - Total: 933300
Deed Restricted: No
Special Assessment: No
Taxes: 14000
Tax Year: 2025

Remarks & Misc

Excluded: personal property

Income & Expenses

Gross Income: 3850

More Information

Use

Apartments: Yes

Floors

Wood: Yes

Electric

Other - See Remarks: Yes

Basement

Dirt Floor: Yes
Partial: Yes

Gas

On Site: Yes

Water Heater

Natural Gas: Yes

Heating

Natural Gas: Yes

Water

Public Water: Yes

Sewer

Public Sewer: Yes

Parking

On Site: Yes
On Street: Yes

Assessment Status

Assessed: Yes

Roof

Shingle: Yes

Property Features

Use: Apartments Floors: Wood Basement: Dirt Floor; Partial Heating: Natural Gas Water Heater: Natural Gas Water: Public Water Sewer: Public Sewer Gas: On Site Electric: Other - See Remarks Parking: On Site; On Street Roof: Shingle Assessment Status: Assessed

Listing Office: Benchmark Realty Group LLC

Listing Agent: Charles Frank

Last Updated: June - 13 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. 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.