NOT LISTED FOR SALE

108 7th Ave Long Branch, NJ 07740

Estimated Value: $653,000 - $901,000

5 Beds
2 Baths
2,378 Sq Ft
$329/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $642,000 $270 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,976/month

24 Days on Market

Highlights

  • Deck
  • Attic
  • Air Conditioning
  • Wood Flooring
  • Thermal Windows
  • Forced Air Heating System

About This Home

As of March 2022

Great opportunity to purchase this two-family home. Downstairs unit features large living room/dining room, kitchen which could be eat-in, all laminate flooring & spacious bathroom w/ceramic tiled floor, three bedrooms; Master has a double closet, laundry closet in hall and washer dryer in laundry room with tub and hot water heater. Upstairs unit is lovely featuring Wood floors throughout, open Living room with closet. Eat-in kitchen (Laminate), bathroom w/ceramic tiled floor, 3 Bedrooms w/Master bedroom having double closet, linen closet in hallway w/pull down stairs to the attic. Best of all a long driveway with plenty of parking in the back. Location is wonderful barely over a mile to Seven Presidents beach, Monmouth Medical Center, and the Train Station.

Last Agent to Sell the Property

Terry Kowsaluk

Corcoran Baer & McIntosh License #0560105 Listed on: 01/15/2022

Last Buyer's Agent

Michele Irizarry

Shore Prime Properties LLC License #0234697

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,733

Year Built

  • Built in 1987

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50 x 175
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Thermal Windows
  • Window Screens
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Linoleum
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 46 Parking Spaces
  • No Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Anastasia Elementary School
  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Portable Freezer upstairs apt & AC units both apts. Washer/Dryer downstairs apt, tenants property.
  • Tenant pays for hot water, water, heat, gas, electricity
  • The owner pays for sewer
  • Assessor Parcel Number 27-00335-0000-00003

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,100
  • Water Sewer Expense $2,172

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,733

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Wood, Laminate, Linoleum, Vinyl, Ceramic Tile
  • Reso Interior Features: Attic, Attic - Pull Down Strs
  • New Construction: No
  • Year Built: 1987
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 175
  • Location Middle School: Long Branch
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Vinyl3: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Exterior Thermal Window: Yes
  • Garage None4: Yes
  • Exterior Storm Door(s): Yes
  • ExteriorDeck: Yes
  • Cooling Multi Units: Yes
  • Floors Linoleum: Yes
  • General Property Info # Parking Spaces: 46.0
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Floors Laminate2: Yes
  • Income Expenses Insurance Expense: 1100.0
  • Income Expenses WaterSewer Expense: 2172.0
  • Unit 1 Gas Stove: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Exterior Screens2: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Gas Stove2: Yes
  • Interior Attic - Pull Down Strs: Yes
  • Unit 2 Washer Hookup2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.2
  • Waterfront: No
  • Exclusions: Portable Freezer upstairs apt & AC units both apts. Washer/Dryer downstairs apt, tenants property.
  • Exterior Features: Deck, Storm Door(s), Thermal Window, Screens, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: See Remarks, Off Street, None
  • Total Parking Spaces: 46.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Fee Information

  • Annual Water Sewer Expense: 2172.0

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50 x 175
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00335-0000-00003
  • Zoning Description: Conforming Use
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6733.0
  • Tax Other Annual Assessment Amount: 336500.0

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1100.0

MLS Schools

  • Elementary School: Anastasia
  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2022
Closed on
Mar 11, 2022
Sold by
Robert Dobson
Bought by
108 7Th Ave Llc
Seller's Agent
Terry Kowsaluk
Corcoran Baer & McIntosh
Buyer's Agent
Michele Irizarry
Shore Prime Properties LLC
List Price
$500,000
Sold Price
$642,000
Premium/Discount to List
$142,000
28.4%
Current Estimated Value
$781,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,893
Avg. Annual Appreciation
5.74%

Purchase Details

Closed on
Apr 14, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Dobson Robert and Dobson Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,080
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 17, 2007
Sold by
Marciel Paulo Mattos and Marciel Dalva
Bought by
Hsbc Bank Usa Na and Fbr Securitization Trust 2005-3

Purchase Details

Closed on
Aug 15, 2005
Sold by
Rabelo Marlene
Bought by
Marciel Paulo Mattos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 2004
Sold by
Jenkins Vilma
Bought by
Rabelo Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5.81%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2000
Sold by
Schwartz Jon
Bought by
Jenkins Vilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,245
Interest Rate
8.19%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
108 7Th Ave Llc $642,000 Fidelity National Title
108 7Th Ave Llc $642,000 Fidelity National Title
Dobson Robert $330,100 Coastal Title Agency Inc
Hsbc Bank Usa Na -- Land Title Svcs Of Nj Inc
Marciel Paulo Mattos $575,000 --
Rabelo Marlene $460,000 --
Jenkins Vilma $153,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dobson Judy $244,000
Previous Owner Dobson Robert $264,080
Previous Owner Marciel Paulo Mattos $460,000
Previous Owner Marciel Paulo Mattos $115,000
Previous Owner Rabelo Marlene $345,000
Previous Owner Jenkins Vilma $152,245
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $642,000 +28.4% $270 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
01/15/2022 01/15/22 For Sale $500,000 -- $210 / 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 $10,160 $784,800 $199,300 $585,500
2024 $9,733 $661,000 $127,600 $533,400
2023 $9,733 $626,700 $117,600 $509,100
2022 $6,733 $388,900 $79,600 $309,300
2021 $6,733 $336,500 $72,600 $263,900
2020 $6,772 $324,000 $61,600 $262,400
2019 $6,512 $309,800 $59,600 $250,200
2018 $6,315 $298,700 $57,600 $241,100
2017 $6,729 $326,500 $57,600 $268,900
2016 $6,498 $321,500 $59,600 $261,900
2015 $6,759 $303,500 $73,100 $230,400
2014 $6,466 $306,000 $84,800 $221,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22201186

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00335-0000-00003