NOT LISTED FOR SALE

121 Branchport Ave Long Branch, NJ 07740

Estimated Value: $770,572 - $911,000

6 Beds
2.5 Baths
2,472 Sq Ft
$334/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $745,000 $301 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,090/month

50 Days on Market

Highlights

  • 0.77 Acre Lot
  • 2 Car Detached Garage
  • Air Conditioning
  • Wood Flooring
  • Oversized Parking
  • Level Lot

About This Home

As of October 2023

''Under Contract Continue to Show'' Amazing opportunity to own 2 Family Home in highly sought after Long Branch. 4 Bed / 1 Bath Unit & 3 Bed / 1 Bath Unit - Many options - Rent both units or live in one & rent the other. Garage is also rented. Property has one of the largest yards in the area! Close to all transportation, beaches, Pier Village, shopping & much more!

Last Agent to Sell the Property

Glenda D'Ambrisi

RE/MAX Synergy License #1111785 Listed on: 08/14/2023

RE/MAX Synergy

Last Buyer's Agent

Michele Irizarry

Shore Prime Properties LLC License #0234697

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,814

Year Built

  • Built in 1907

Lot Details

  • 0.77 Acre Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Siding

Interior Spaces

  • 2,472 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor
  • Basement Storage

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for yard maintenance, garbage removal
  • Assessor Parcel Number 27-00254-0000-00019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,814

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Wood, Ceramic Tile
  • Year Built: 1907
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Long Branch
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Siding Shingle: Yes
  • Garage Oversized: Yes
  • Cooling Multi Units: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Basement Tenant Storage: Yes
  • Special Features: None

Interior Features

  • Basement: Dirt Floor, Full, Tenant Storage
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Stories: 2
  • Full Basement: Yes
  • Basement:Dirt Floor: Yes

Exterior Features

  • Acres: 0.77
  • Waterfront: No
  • Construction Type: Shingle Siding

Garage/Parking

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

Utilities

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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Size Sq Ft: 33541.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00254-0000-00019
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas, Electricity
  • Owner Pays: Yard Maintenance, Garbage Removal

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8814.0
  • Tax Other Annual Assessment Amount: 545700.0

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
Aug 14, 2023
Closed on
Oct 3, 2023
Sold by
Salamander Investments Llc
Bought by
121 Branchoort Ave Llc
Seller's Agent
Glenda D'Ambrisi
RE/MAX Synergy
Buyer's Agent
Michele Irizarry
Shore Prime Properties LLC
List Price
$699,000
Sold Price
$745,000
Premium/Discount to List
$46,000
6.58%
Total Days on Market
50
Views
93
Current Estimated Value
$826,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,143
Avg. Annual Appreciation
6.43%

Purchase Details

Listed on
May 22, 2019
Closed on
Aug 2, 2019
Sold by
Miller David and Miller Sara E
Bought by
Salamander Investments Llc
Seller's Agent
Kevin Monahan
VRI Homes
Buyer's Agent
Kathy O'Donnell
Berkshire Hathaway HomeServices New Jersey Properties
Sold Price
$412,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.15%
Original Mortgage
$309,375
Interest Rate
3.7%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
121 Branchoort Ave Llc $745,000 First American Title
Salamander Investments Llc $412,500 Trident Abstract Ttl Agcy Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salamander Investments Llc $309,375
Previous Owner Miller David $175,000
Previous Owner Miller Ii David C $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $745,000 +6.6% $301 / Sq Ft
08/14/2023 08/14/23 For Sale $699,000 +69.5% $283 / Sq Ft
07/29/2019 07/29/19 Sold $412,500 -- $167 / 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 $8,475 $625,600 $205,500 $420,100
2023 $8,475 $545,700 $175,500 $370,200
2022 $8,404 $491,600 $165,500 $326,100
2021 $8,404 $420,000 $140,500 $279,500
2020 $8,452 $404,400 $126,500 $277,900
2019 $7,868 $374,300 $118,500 $255,800
2018 $7,627 $360,800 $111,500 $249,300
2017 $7,319 $355,100 $110,500 $244,600
2016 $7,150 $353,800 $115,500 $238,300
2015 $6,062 $272,200 $124,400 $147,800
2014 $5,669 $268,300 $137,100 $131,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22322541

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00254-0000-00019