NOT LISTED FOR SALE

119 Washington St Unit 2 Long Branch, NJ 07740

Estimated Value: $756,000 - $901,000

5 Beds
2 Baths
-- Sq Ft
8,843 Sq Ft Lot

Last Sold August 03, 2020

Last sale price $405,000

Est. 101% increase in value since last sale

Current estimated payment $5,123/month

127 Days on Market

Highlights

  • 1 Car Detached Garage
  • Fenced
  • Heating System Uses Natural Gas

About This Home

As of August 2020

Investors Alert !!! Two family Property in sought after Long Branch, fully rented with good tenants, great cash flow operation much better than money in the bank with potential for higher returns, plenty of on site parking and garage for shop or storage. Call today for a showing.

Last Agent to Sell the Property

Abel Reis

Berkshire Hathaway HomeServices Fox & Roach - Ocean License #1109028 Listed on: 04/21/2020

Berkshire Hathaway HomeServices Fox & Roach - Ocean

Last Buyer's Agent

Natalia Roth

Diane Turton, Realtors-Wall

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,215

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 52x170
  • Fenced

Parking

  • 1 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 27-00260-0000-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,215

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Fenced Area
  • Subdivision Name: None
  • Year Built: 1910
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 52x170
  • Location Middle School: Long Branch
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Parking Spaces: 1.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Basement: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Personal Property

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paved, Off Street, On Street, Detached
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 52x170
  • Parcel #: 27-00260-0000-00003
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 8215.0
  • Tax Other Annual Assessment Amount: 406900.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2020
Closed on
Aug 3, 2020
Sold by
Guisse Aldo A and Guisse Clara M
Bought by
Dellipaoli Michael
Seller's Agent
Abel Reis
Berkshire Hathaway HomeServices Fox & Roach - Ocean
Buyer's Agent
Natalia Roth
Diane Turton, Realtors-Wall
List Price
$415,000
Sold Price
$405,000
Premium/Discount to List
-$10,000
-2.41%
Current Estimated Value
$815,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,014
Avg. Annual Appreciation
14.72%
Original Mortgage
$397,664
Outstanding Balance
$352,900
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$467,350

Purchase Details

Closed on
Oct 19, 2000
Sold by
Gagliardi Thomas
Bought by
Guisse Aldo and Guisse Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
7.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 11, 1997
Sold by
Bucciero Linda
Bought by
Gagliardi Thomas and Gagliardi Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.79%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dellipaoli Michael $405,000 Mega Title Llc
Guisse Aldo $128,000 --
Gagliardi Thomas $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dellipaoli Michael $18,405
Closed Dellipaoli Michael $16,788
Open Dellipaoli Michael $397,664
Previous Owner Guisse Aldo $30,000
Previous Owner Guisse Aldo $391,000
Previous Owner Guisse Aldo $520,000
Previous Owner Guisse Aldo $121,600
Previous Owner Gagliardi Thomas $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $405,000 -2.4% --
05/14/2020 05/14/20 Pending -- -- --
04/21/2020 04/21/20 For Sale $415,000 +2.5% --
04/08/2020 04/08/20 Off Market $405,000 -- --
03/25/2020 03/25/20 For Sale $415,000 0.0% --
03/14/2020 03/14/20 Pending -- -- --
01/08/2020 01/08/20 For Sale $415,000 -- --
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 $9,823 $707,400 $211,200 $496,200
2024 $9,139 $639,100 $186,200 $452,900
2023 $9,139 $588,500 $156,200 $432,300
2022 $8,918 $527,000 $146,200 $380,800
2021 $8,918 $445,700 $121,200 $324,500
2020 $8,985 $429,900 $107,200 $322,700
2019 $8,553 $406,900 $99,200 $307,700
2018 $8,215 $388,600 $92,200 $296,400
2017 $7,873 $382,000 $91,200 $290,800
2016 $7,670 $379,500 $96,200 $283,300
2015 $6,605 $296,600 $98,800 $197,800
2014 $6,301 $298,200 $110,600 $187,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21943460

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00260-0000-00003