1007 Franklin Ave, Ocean (Asbury Park), NJ 07712 Property Records

Monmouth County and Ocean Township property record for 1007 Franklin Ave, Ocean, NJ 07712

Property Summary

Property Type	Single Family Home
Details	3 bd · 1 ba · 1,296 sqft · built 1955
Lot Size	0.276 acres (12,001 sqft)
Owner	Individual Name on File
Tax Bill	$7,244 (2025)
Deeds & Mortgages	May 2026 Reverse Mortgage May 2026 Reverse Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`37-00040-10-00004`

Property Details

APN / Parcel Number

Primary APN	`37-00040-10-00004`
Alternative APNs	`3700040001000004` `37000401500018`

Interior

Bedrooms	3 Beds
Full Baths	1 Bath
Total Rooms	7 Rooms
Stories	1 Story
Building Area	1,296 sqft Living Area
1st Floor Area	1,296 sqft
Basement Area	1,044 sqft

Exterior

Year Built	Built 1955
Effective Year Built	Effective 1955
Architectural Style	Ranch
Construction Type	Frame
Roof Type	Gable
Roof Material	Other
Lot Area	12,001 sqft (0.276 acres)
Lot Dimensions	100 ft deep x 120 ft wide
Garage Type	Attached
Garage Area	308 sqft
Parking Spaces	1 Parking Space
Patio Area	280 sqft
Shed	1 Shed
Shed Area	120 sqft

Utilities, Heating & Cooling

Sewer	Connected

Location & Zoning

Old Parcel Number	37000401500018
Street Address	1007 FRANKLIN AVE
City	OCEAN
State	NJ
Zip	07712-3626
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R-4
Legal Block	40.10
Legal Lot Number	4
Jurisdiction	MONMOUTH NJ
Township / Civil Division	OCEAN
Census Block Group	2
Census Block	2015
Census Tract	806600

Owner

1007 Franklin Ave is owned and occupied by an individual who acquired it in February 2026.

Source: Monmouth County and Ocean Township records, as of July 9, 2026

Owner of Record	Individual Name on File
Mailing Address	1007 FRANKLIN AVE, OCEAN, NJ 07712-3626
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
May 19, 2026	Deed of Trust, Mortgage · Reverse Mortgage FINANCE OF AMERICA REVERSE LLC
May 19, 2026	Deed of Trust · Reverse Mortgage SECRETARY OF HOUSING AND URBAN DEVELOPMEN
Feb 20, 2026	Deed, Transfer TRIDENT ABSTRACT TITLE AGENCY LLC, TRDENT ABSTRACT TTL AGCY LLC

Assessor's Deed Record

Deed Names	Name on Deed
Last Transfer Date	Feb 2, 2026
Transfer Doc	0097809387
Record Updated	Sep 20, 2026

May 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MONMOUTH NJ
Recording Date	May 19, 2026
Property Address	1007 FRANKLIN AVE, OCEAN, NJ 07712-3626
Document Number	0000040571
Book / Page	9793 / 8894
Instrument Date	Apr 22, 2026
Instrument	202640571
Transaction Type	Mortgage
Record Updated	Jul 12, 2026
Title Company	SOLIDIFI TITLE AND CLOSING

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1007 FRANKLIN AVE, OCEAN, NJ 07712-3626

Mortgage

Document Number	0000040571,
Date	May 19, 2026
Book Page	9793/8894
Instrument	202640571

Lender

Name	FINANCE OF AMERICA REVERSE LLC

Agreement

Type	Reverse Mortgage
Amount	Amount on Record
Term	828 Months
Due	May 17, 2095

Interest

Rate Type	Adjustable Rate
Rate	5.5%
Initial Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Max Rate	-1%

May 2026: Deed of Trust

Document Type	Deed of Trust
Jurisdiction	MONMOUTH NJ
Recording Date	May 19, 2026
Property Address	1007 FRANKLIN AVE, OCEAN, NJ 07712-3626
Document Number	0000040572
Book / Page	9793 / 8914
Instrument Date	Apr 22, 2026
Instrument	202640572
Record Updated	Aug 29, 2026
Title Company	SOLIDIFI TITLE AND CLOSING

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1007 FRANKLIN AVE, OCEAN, NJ 07712-3626

Mortgage

Document Number	0000040572,
Date	May 19, 2026
Book Page	9793/8914
Instrument	202640572

Lender

Name	SECRETARY OF HOUSING AND URBAN DEVELOPMEN

Agreement

Type	Reverse Mortgage
Amount	Amount on Record
Term	828 Months
Due	May 17, 2095

Interest

Rate Type	Adjustable Rate
Rate	5.5%
Initial Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Max Rate	-1%

February 2026: Deed, Transfer

Document Type	Deed
Jurisdiction	MONMOUTH NJ
Recording Date	Feb 20, 2026
Property Address	1007 FRANKLIN AVE, OCEAN, NJ 07712-3626
Document Number	0097809387
Book / Page	9780 / 9387
Instrument Date	Feb 17, 2026
Instrument	2026015467
Transaction Type	Transfer
Record Updated	Mar 16, 2026
Title Company	TRIDENT ABSTRACT TITLE AGENCY LLC, TRDENT ABSTRACT TTL AGCY LLC

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	164 ALPINE RD, SUMMERVILLE, SC 29485-9083

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1007 FRANKLIN AVE, OCEAN, NJ 07712-3626

Tax Assessment & Valuation

The 2025 property tax bill for 1007 Franklin Ave was $7,244, down 0.9% from the year before.

Source: Monmouth County and Ocean Township assessment roll, as of July 9, 2026

Property Jurisdictions

Type	Name
State	New Jersey
County	Monmouth County
County Subdivision	Ocean Township
Unified School District	Ocean Township School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$540,100 (+2.82%) Land $469,800 Building $70,300	$540,100 (+2.82%) Land $469,800 Building $70,300
2025	$7,244.00 (-0.89%)	$525,300 Land $467,500 Building $57,800	$525,300 Land $467,500 Building $57,800
2024	$7,309.00
2023		$369,900 Land $315,000 Building $54,900	$369,900 Land $315,000 Building $54,900
2022	$5,844.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 1007 Franklin Ave in Zone X, an area of minimal flood risk, though there have been 19 flood claims nearby since 1983.

Source: FEMA National Flood Hazard Layer, effective September 18, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 14 policies
Community Rating System	Class 8 (10% premium discount)
Nearby Flood Policies	14 in force
Nearby Flood Claims	19 (1983–2024)
Claims Outside the SFHA	17 of 19
Most Recent Claim	Jan 2024 · rainfall accumulation
Claims by Event	Hurricane Sandy, Oct 2012 · 2 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 1007 Franklin Ave is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 99.1% of the US · lower than 97.3% of New Jersey
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	NJ AMERICAN WATER - COASTAL NORTH private · serves 377,613 people · EPA ID NJ1345001
Water Source	Surface water
Last State Inspection	Sep 2023
Lead	2 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	Turbidity resolved · Sep 2019
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 224 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Optimum Fiber · Cable	8,000 / 8,000
Verizon Fiber · Fixed Wireless in parts of the area	2,300 / 2,300
AT&T Fixed Wireless	100 / 20

May also be available: Xfinity.

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