NOT LISTED FOR SALE

111 7th Ave Long Branch, NJ 07740

Estimated Value: $600,000 - $1,786,057

8 Beds
3 Baths
2,500 Sq Ft
$393/Sq Ft Est. Value

Last Sold March 06, 2018

Last sale price $296,500 $119 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $5,988/month

3 Days on Market

Highlights

  • Garage Apartment
  • Wood Flooring
  • 3 Car Detached Garage
  • Deck
  • Corner Lot
  • Air Conditioning

About This Home

As of March 2018

Calling all builders and investors. Bring your finishing touches to this 3 family home that with a little imagination can be a can't miss investment. Property features front home with a 2 bedroom upstairs unit and a 2 bedroom lower unit. Detached unit sits above an oversized 3 car garage with plenty of room for all your cars and lawn equiptment. Property has separate gas and electric with heating units replaced not to long ago. This is a real must see!!!

Last Agent to Sell the Property

Richard Shirvanian

EXIT Realty East Coast Shirvanian License #9331863 Listed on: 01/23/2018

EXIT Realty East Coast Shirvanian

Last Buyer's Agent

Thomas Tvrdik

RE/MAX Gateway License #1649035

RE/MAX Gateway

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,477

Year Built

  • Built in 1910

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 53 x 151
  • Street terminates at a dead end
  • Corner Lot

Parking

  • 3 Car Detached Garage
  • Garage Apartment
  • On-Street Parking

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Garfield 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
  • Separate Water Meter
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for hot water, heat, gas, electricity
  • Assessor Parcel Number 27-00333-0000-00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,477

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • ResoLotFeatures: Corner Lot, Dead End Street
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet, Wood, Laminate
  • Reso Interior Features: Cable TV, Fire Sprinkler
  • New Construction: No
  • Year Built: 1910
  • 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: 53 x 151
  • Location Middle School: Long Branch
  • Lot Description Corner Lot: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info Handicap Access: No
  • Lot Description Dead End Street: Yes
  • ExteriorDeck: Yes
  • Garage Oversized: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces: 3.0
  • Garage Apt Above Garage: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Floors Laminate2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 3 AC Unit3: Yes
  • Unit 3 Water Meter: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Stories: 2
  • Full Basement: Yes
  • Features Interior:Cable TV: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.18
  • Waterfront: No
  • Exclusions: Personal property
  • Exterior Features: Deck, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Paved, On Street, Detached, Oversized
  • Total Parking Spaces: 3.0
  • General Property Info:Garage: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes
  • Parking:Paved2: 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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 53 x 151
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00333-0000-00013
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7477.0
  • Tax Other Annual Assessment Amount: 362800.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Garfield
  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2018
Closed on
Feb 15, 2018
Sold by
Nrz Reo V2 Corp
Bought by
Desouza Edivaldo
Seller's Agent
Richard Shirvanian
EXIT Realty East Coast Shirvanian
Buyer's Agent
Thomas Tvrdik
RE/MAX Gateway
Sold Price
$296,500
Current Estimated Value
$958,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,074
Avg. Annual Appreciation
12.13%

Purchase Details

Closed on
Jan 5, 2004
Sold by
Walter Derrick
Bought by
Macgregor Stuart and Straine Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.65%
Mortgage Type
Commercial
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
Desouza Edivaldo $296,500 None Available
Macgregor Stuart $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desouza Edivaldo $200,000
Previous Owner Mcgregor Patricia A $203,000
Previous Owner Macgregor Stuart $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2018 03/06/18 Sold $296,500 -- $119 / 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
2024 $8,310 $565,000 $128,200 $436,800
2023 $8,310 $535,100 $118,200 $416,900
2022 $8,266 $447,400 $80,100 $367,300
2021 $8,266 $413,100 $73,100 $340,000
2020 $8,364 $400,200 $62,100 $338,100
2019 $8,038 $382,400 $60,100 $322,300
2018 $7,792 $368,600 $58,100 $310,500
2017 $7,477 $362,800 $58,100 $304,700
2016 $7,213 $356,900 $60,100 $296,800
2015 $8,823 $396,200 $54,400 $341,800
2014 $7,691 $364,000 $60,600 $303,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21746258

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00333-0000-00013