For sale

$960,000

51 Franklin Avenue, Seaside Heights, NJ 08751

8beds

1,557sqft

$5,828/mo

Get pre-qualified

Multi Family

Built in 1940

-- sqft lot

$904,600 Zestimate^®

$617/sqft

$-- HOA

What's special

Modern finishesBright interiorsClean inviting coastal feel

Beach Block 4-Family - Prime Jersey Shore Investment! Own a piece of the Jersey Shore with this beautifully recently renovated 4-family property, ideally located just steps to the beach and boardwalk. This turn-key opportunity offers the perfect blend of coastal living and strong income potential. Each unit has been thoughtfully updated, featuring modern finishes, bright interiors, and a clean, inviting coastal feel. Whether you're looking to expand your portfolio or enjoy a personal getaway while generating income, this property checks all the boxes. Great investment opportunity with multiple income streams Beach block location - highly desirable for seasonal and year-round rentals Turn-key condition - recently renovated and ready to go Ideal for investors or owner-occupants

111 days

513

21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 5
Full bathrooms: 5

Heating

Forced Air

Cooling

Multi Units

Features

Recessed Lighting
Flooring: Vinyl
Basement: Crawl Space

Interior area

Total structure area: 1,557
Total interior livable area: 1,557 sqft

Property

Parking

Parking features: On Street, None

Features

Stories: 2
Has view: Yes
View description: Ocean
Has water view: Yes
Water view: Ocean
Waterfront features: Beach Front

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 100

Details

Parcel number: 27000030100051
Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

New construction: No
Year built: 1940

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: None

Location

Region: Seaside Heights

Financial & listing details

Price per square foot: $617/sqft
Tax assessed value: $275,000
Annual tax amount: $9,240
Date on market: 5/1/2026
Tenant pays: Hot Water

Estimated market value

$904,600

$859,000 - $950,000

$3,696/mo

Price history

Date	Event	Price
5/1/2026	Listed for sale	$960,000+31.5%$617/sqft
Source: MoreMLS #22612607 Report a problem
10/6/2023	Sold	$730,000-8.7%$469/sqft
Source: MoreMLS #22318013 Report a problem
8/21/2023	Pending sale	$799,900$514/sqft
Source: MoreMLS #22318013 Report a problem
7/2/2023	Listed for sale	$799,900+384.8%$514/sqft
Source: MoreMLS #22318013 Report a problem
2/6/2002	Sold	$165,000+50%$106/sqft
Source: Public Record Report a problem
1/4/2000	Sold	$110,000$71/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2023	$6,878 +3.3%	$275,000
2022	$6,655	$275,000
2021	$6,655 +2.8%	$275,000
2020	$6,476 +2.7%	$275,000
2019	$6,306 +1.9%	$275,000
2018	$6,188 -4.4%	$275,000
2017	$6,472 +3.6%	$275,000 -6%
2016	$6,247 +9.2%	$292,600
2015	$5,720 +9.8%	$292,600 +2.5%
2014	$5,210 -1.7%	$285,500
2013	$5,299	$285,500