NOT LISTED FOR SALE

103 Monmouth Rd West Long Branch, NJ 07764

Estimated Value: $959,000 - $1,082,000

3 Beds
2 Baths
775 Sq Ft
$1,303/Sq Ft Est. Value

Last Sold August 23, 2023

Last sale price $875,000 $1,129 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,272/month

16 Days on Market

Highlights

  • 0.95 Acre Lot
  • Landscaped with Trees
  • Level Lot
  • 2 Car Detached Garage
  • Forced Air Zoned Heating System
  • 1-Story Property

About This Home

As of August 2023

Excellent Opportunity! 3 Homes on this huge piece of property, 123 x 337, with deep backyard area. Presently used as Residential but zoned Office/Professional. Two homes have 2 BR's/1 BA, and one home has 3 BR's/1 BA. 2 homes and garage are currently rented. One home is vacant. Live in one and rent the other two! Or use one for an office. All utilities except sewer paid by tenants.

Last Agent to Sell the Property

Lucille Traversa

Resources Real Estate Brokerage Phone: 732-212-0440 License #8639005 Listed on: 07/12/2023

Last Buyer's Agent

Lucille Traversa

Gloria Nilson & Co. Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,712

Year Built

  • Built in 1955

Lot Details

  • 0.95 Acre Lot
  • Lot Dimensions are 123 x 337
  • Level Lot
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Schools

  • Frank Antonides Middle School
  • Shore Reg High School

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • 1-Story Property
  • Exterior Lighting

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for hot water, water, heat, gas, electricity
  • The owner pays for sewer
  • Assessor Parcel Number 53-00068-0000-00008-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,712

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • Attribution Contact: 732-212-0440
  • ResoLotFeatures: Level, Treed Lots
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1955
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 123 x 337
  • Location Middle School: Frank Antonides
  • Roof Shingled: Yes
  • Lot Description Treed Lots: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Cooling Single Zone Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Partial, Slab
  • Basement: Yes
  • Stories: 1
  • Full Basement: Yes
  • Basement:Slab: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.95
  • Waterfront: No
  • Exterior Features: Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Off Street, Detached
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Frank Antonides

Lot Info

  • Lot Dimensions: 123 x 337
  • Lot Size Sq Ft: 41382.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 53-00068-0000-00008-01
  • Zoning Description: Professional, Non-Conforming
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Water, Heat, Gas, Electricity
  • Owner Pays: Sewer

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11712.0
  • Tax Other Annual Assessment Amount: 750300.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • High School: Shore Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 24, 2021
Sold by
Pearlbath Llc
Bought by
Fer Properties Llc
Seller's Agent
Jeffrey Cruz
Weichert Realtors-Rumson
Buyer's Agent
Lucille Traversa
Gloria Nilson & Co. Real Estate
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$1,009,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,925
Avg. Annual Appreciation
9.24%

Purchase Details

Closed on
Aug 28, 2018
Sold by
Red Bank Ridge Llc
Bought by
Pearlbath Llc

Purchase Details

Closed on
Sep 27, 2013
Sold by
Red Bank Ridge Llc
Bought by
Red Bank Ridge Llc

Purchase Details

Closed on
Oct 20, 2005
Sold by
Halvorsen Glenn
Bought by
Red Bank Ridge Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fer Properties Llc $675,000 Trident Abstract Ttl Agcy Ll
Pearlbath Llc -- None Available
Red Bank Ridge Llc -- None Available
Red Bank Ridge Llc $650,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2023 08/23/23 Sold $875,000 -6.9% $1,129 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $939,900 +39.2% $1,213 / Sq Ft
03/26/2021 03/26/21 Sold $675,000 0.0% $871 / Sq Ft View Prior Sale
02/16/2021 02/16/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $675,000 0.0% $871 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/15/2020 12/15/20 For Sale $675,000 -- $871 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,016 $878,400 $460,600 $417,800
2024 $11,204 $845,400 $394,800 $450,600
2023 $11,204 $802,000 $361,900 $440,100
2022 $13,475 $750,300 $329,000 $421,300
2021 $13,475 $697,100 $361,900 $335,200
2020 $14,171 $689,600 $361,900 $327,700
2019 $14,057 $687,700 $361,900 $325,800
2018 $13,949 $659,200 $361,900 $297,300
2017 $14,402 $649,900 $361,900 $288,000
2016 $13,223 $608,800 $361,900 $246,900
2015 $13,102 $602,400 $361,900 $240,500
2014 $13,016 $558,400 $329,000 $229,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22318949

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 53-00068-0000-00008-01