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200 Franklin Place, Morganville, NJ, 07751

3beds
3baths
1,676sqft
$530,000
$316price/sqft
$4,061/moest. monthly cost
$162,440/yrincome needed

About This Home

Welcome Home to This Beautifully Updated Morganville Townhome! Discover the perfect blend of style, comfort, and convenience in this meticulously maintained 3-bedroom, 2.5-bath townhome nestled in one of Marlboro's most desirable communities. Thoughtfully updated throughout, this move-in ready home offers exceptional living spaces designed for today's lifestyle. The inviting floor plan features beautiful hardwood floors throughout, a professionally painted interior, and a warm, welcoming living room. The dining area and kitchen are enhanced with professionally installed lighting and dimmer switches, creating the perfect ambiance for both everyday living and entertaining all while sitting next to your wood burning fireplace. The spacious kitchen is equipped with a brand-new dishwasher, brand-new microwave, and a new refrigerator (2025). All 2.5 bathrooms have been tastefully and completely remodeled with modern finishes, providing a fresh, sophisticated look. Major improvements include a new roof and skylight (2023), new water heater (2024), and brand-new washer, allowing the next owner to move in with confidence. The attic offers generous storage space, adding valuable functionality rarely found in townhome living. Step outside to your private backyard patioan ideal space for summer barbecues, morning coffee, or simply unwinding after a long day. Residents enjoy outstanding community amenities including outdoor pool, tennis courts, basketball courts, a playground, and access to highly rated Marlboro schools. Conveniently located near shopping, restaurants, parks, and major commuter routes, this home offers everything you've been looking for. With its extensive upgrades, thoughtful improvements, and unbeatable location, this exceptional townhome is ready for you to call it home.

Getting Around

37
WalkingCar-Dependent
0
TransitVery Limited Transit
35
BikeSomewhat Bikeable

Schools

8/10
6/10
Marlboro High SchoolGrades 9-123.7 mi

Construction

Condition

  • Year built: 1985

Materials

  • Foundation: Slab

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Dec Molding,Recessed Lighting
  • Flooring: Ceramic Tile,Wood
  • Number of fireplaces: 1
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,676
  • Total interior livable area: 1,676 sqft

Property

Details

  • Parcel number: 30001730000000070000C0200
  • Attached to another structure: Yes
  • Zoning description: Residential, Condo

Features

  • Stories: 2
  • Pool features: Community

Lot

  • Lot size: 871.20 sqft

Parking

  • Parking features: Assigned,Common,None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Heat Wave
Ice Storm
Lightning
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,679$32,148
Home Insurance *$147$1,764
Property Taxes $1,042$12,504
Electricity $193$2,318
Total$4,061$48,732
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$139,234/yr
40% on housing$121,830/yr
45% on housing$108,293/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$316This listing

vs Other Active Listings

Avg $/sqft

ZIP 07751$529
Monmouth County$425

vs Homes Sold Last Month

Median $/sqft

ZIP 07751$368
Monmouth County$384

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-04Pending sale$530,000
2026-07-27Listed for sale$530,000
2019-06-15Sold$330,000
2019-04-30Pending sale$335,000
2019-04-04Listed for sale$335,000
2008-07-31Listing removed$320,000
2008-07-20Listed for sale$320,000
2005-06-15Sold$305,910
2002-07-17Sold$230,000
2000-06-21Sold$151,900

For Sale by Agent

AgentMatthew LoBrace
BrokerageEXP Realty

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