NOT LISTED FOR SALE

120 S 7th Ave Long Branch, NJ 07740

Estimated Value: $512,120 - $699,000

4 Beds
2 Baths
2,074 Sq Ft
$291/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $479,900 $231 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,832/month

7 Days on Market

Highlights

  • Storm Windows
  • Shed
  • Fenced
  • Cooling Available
  • Forced Air Heating System
  • Level Lot

About This Home

As of December 2022

Fantastic 2 family home. One unit has 3 Bedrooms, 1 Bath. 2nd unit has 1/2 bedrooms, currently used as a one bedroom could be a 2 bedroom. Big bedroom has a large closet. Lovely large yard has a storage shed.New electric. Tenants pay for electric and 1/2 water bill. Large open front porch. Property is being sold as is.

Last Agent to Sell the Property

Kathy Bernadino

Burke&Manna Real Estate Agency License #8133663 Listed on: 09/30/2022

Last Buyer's Agent

Allegra Cojab

VRI Homes License #1111366

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,508

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 50x175
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,074 Sq Ft Home
  • 2-Story Property
  • Linoleum Flooring
  • Partial Basement
  • Storm Windows
  • Stove
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Shed

Schools

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

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil Above Ground
  • Separate Meters
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: washer, dryers, standing freezer, any items owned by tenants
  • The owner pays for sewer
  • Assessor Parcel Number 2700192000000014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,508

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Linoleum
  • Year Built: 1930
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50x175
  • Location Middle School: Long Branch
  • Water Heater Electric2: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Heating Oil Above Ground: Yes
  • Floors Linoleum: Yes
  • Exterior Shed3: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Electric Stove3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Electric Stove2: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Washer Hookup2: Yes
  • Energy Features Storm Windows: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: washer, dryers, standing freezer, any items owned by tenants
  • Exterior Features: Fence
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, On Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil Above Ground
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50x175
  • Parcel #: 2700192000000014

Rental Info

  • Owner Pays: Sewer

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Anastasia
  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Dec 6, 2022
Sold by
Burkett John and Burkett Honnie
Bought by
120 S 7Th Avenue Llc
Seller's Agent
Kathy Bernadino
Burke&Manna Real Estate Agency
Buyer's Agent
Allegra Cojab
VRI Homes
List Price
$479,900
Sold Price
$479,900
Views
81
Current Estimated Value
$604,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,630
Avg. Annual Appreciation
8.69%

Purchase Details

Closed on
Jan 2, 2001
Sold by
Reed Ronald
Bought by
Burkett John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,800
Interest Rate
7.69%

Purchase Details

Closed on
Oct 23, 1997
Sold by
Goldy Anna
Bought by
Reed Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
7.31%
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
120 S 7Th Avenue Llc $479,900 Westcor Land Title
120 S 7Th Avenue Llc $479,900 Westcor Land Title
Burkett John $113,500 --
Reed Ronald $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burkett John $107,800
Previous Owner Reed Ronald $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2022 12/19/22 Sold $479,900 0.0% $231 / Sq Ft
09/23/2022 09/23/22 For Sale $479,900 0.0% $231 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $479,900 0.0% $231 / Sq Ft
11/10/2012 11/10/12 Rented $1,700 -- --
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 $7,508 $515,200 $259,100 $256,100
2024 $5,583 $488,500 $229,100 $259,400
2023 $5,583 $359,500 $179,100 $180,400
2022 $4,856 $279,800 $120,900 $158,900
2021 $4,856 $242,700 $100,900 $141,800
2020 $4,826 $230,900 $89,900 $141,000
2019 $4,736 $225,300 $90,900 $134,400
2018 $4,659 $220,400 $90,900 $129,500
2017 $4,493 $218,000 $90,900 $127,100
2016 $4,438 $219,600 $95,900 $123,700
2015 $5,009 $224,900 $104,800 $120,100
2014 $4,733 $224,000 $117,500 $106,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22229100

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00192-0000-00014