NOT LISTED FOR SALE

127 N 5th Ave Long Branch, NJ 07740

Estimated Value: $523,000 - $692,234

6 Beds
2 Baths
1,792 Sq Ft
$331/Sq Ft Est. Value

Last Sold December 06, 2023

Last sale price $675,000 $377 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,800/month

25 Days on Market

Highlights

  • Cooling Available
  • Forced Air Heating System
  • Level Lot

About This Home

As of December 2023

**Highest and Best due 10/27 5pm**. Amazing investor or owner occupant opportunity in the heart of Long Branch! This 2 family home is situated on a generous sized lot, and features 6 bedrooms and 2 full baths, and it's within close proximity to the beach, shopping, public transportation, and much more.

Last Agent to Sell the Property

Nicholas Vaughan

EXP Realty License #2188602 Listed on: 10/24/2023

EXP Realty

Last Buyer's Agent

Alex Saka

Avenue Realty NJ License #2186348

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,297

Year Built

  • Built in 1961

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 140
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,792 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Paved Parking
  • Off-Street Parking

Schools

  • Long Branch Middle School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Furnace
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 27-00320-0000-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,297

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Other
  • Year Built: 1961
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 140
  • Location Middle School: Long Branch
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Furnace: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • BasementOther: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.16
  • Waterfront: No
  • Exclusions: Personal Property
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50 x 140
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00320-0000-00002
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5297.0
  • Tax Other Annual Assessment Amount: 362300.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Dec 8, 2023
Sold by
Applegate Richard J
Bought by
Danesh Babak and Danesh Doris
Seller's Agent
Nicholas Vaughan
EXP Realty
Buyer's Agent
Alex Saka
Avenue Realty NJ
List Price
$599,000
Sold Price
$675,000
Premium/Discount to List
$76,000
12.69%
Total Days on Market
25
Views
44
Current Estimated Value
$593,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,691
Avg. Annual Appreciation
-8.24%
Original Mortgage
$506,250
Outstanding Balance
$500,294
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$93,015

Purchase Details

Closed on
Sep 18, 2017
Sold by
Cairns Michael
Bought by
Applegate Richard J

Purchase Details

Closed on
Aug 5, 2015
Sold by
Applegate Donna and Pilon Margaret
Bought by
Applegate Richard J and Cairns Michael
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
Danesh Babak $675,000 Madison Title
Applegate Richard J $142,500 Monmouth Title
Applegate Richard J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Danesh Babak $506,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2023 12/06/23 Sold $675,000 +12.7% $377 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
10/24/2023 10/24/23 For Sale $599,000 0.0% $334 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $599,000 -- $334 / 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 $5,627 $384,000 $125,900 $258,100
2023 $5,627 $362,300 $115,900 $246,400
2022 $5,125 $295,400 $78,300 $217,100
2021 $5,125 $256,100 $71,300 $184,800
2020 $5,102 $244,100 $60,300 $183,800
2019 $4,908 $233,500 $58,300 $175,200
2018 $4,759 $225,100 $56,300 $168,800
2017 $5,901 $286,300 $56,300 $230,000
2016 $5,707 $282,400 $58,300 $224,100
2015 $4,450 $199,800 $66,300 $133,500
2014 $4,129 $195,400 $76,900 $118,500
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Nicholas Vaughan

    EXP Realty

    (732) 742-4069

    1 in this area

    47 Total Sales

    Nicholas Vaughan
    Section Image
  • Alex Saka

    Buyer's Agent in 2023

    Alex Saka

    Avenue Realty NJ

    (732) 822-5986

    9 in this area

    99 Total Sales

    Alex Saka
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22328753

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00320-0000-00002

New Jersey Monmouth County Long Branch 07740

127 N 5th Ave, Long Branch, NJ

This home is located at 127 N 5th Ave, Long Branch, NJ 07740 since 24 October 2023 and is currently estimated at $593,309, approximately $331 per square foot. This property was built in 1961. 127 N 5th Ave is a home located in Monmouth County with nearby schools including Long Branch High School and Holy Trinity School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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