NOT LISTED FOR SALE

128 Branch Ave Unit 128a Red Bank, NJ 07701

Estimated Value: $1,101,000 - $1,236,000

1 Bed
1 Bath
-- Sq Ft
10,542 Sq Ft Lot

Highlights

  • No HOA
  • Den
  • Cooling Available
  • Red Bank Reg High School Rated A
  • Eat-In Kitchen
  • Living Room

About This Home

As of September 2022

3rd floor walkup rental centrally located in Red Bank SORRY NO PETS. The Unit features 1 bedroom, living room, kitchen, private bath, spare room for use as office or den. Includes two (2) parking spaces, washer and dryer in apartment. Actual furnishings and staging may differ than shown in pictures.. Tenant supplies window air conditioner, pays electric, gas and own heat. Smoking is NOT permitted anywhere inside the house and that includes the hallways, stairs and basement. 24 hour notice for showings is required. Subject to good credit, proof of consistent employment, consent to verify prior address history, reference, and a rental application is required. Security Deposit of 1 1/2 month's rent is required.

Last Agent to Rent the Property

Blanca Merced

Coldwell Banker Realty Brokerage Phone: 732-284-6241 License #1004360 Listed on: 08/01/2022

Coldwell Banker Realty

Last Renter's Agent

Blanca Merced

Coldwell Banker Realty Brokerage Phone: 732-284-6241 License #1004360 Listed on: 08/01/2022

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,597

Year Built

  • Built in 1940

Lot Details

  • 10,542

Home Design

  • Triplex

Interior Spaces

  • 1-Story Property
  • Living Room
  • Den
  • Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking
  • Assigned Parking

Location

  • Upper Level

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Front Yard Maintenance
  • Association fees include trash, lawn maintenance, water, sewer
  • 3 Units

Listing and Financial Details

  • Property Available on 9/1/22
  • Exclusions: Current Tenant's Personal Belongings
  • Assessor Parcel Number 39-00111-0000-00019-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,597

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2022-09-01

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Three Family
  • Attribution Contact: 732-284-6241
  • Reso Association Fee Includes: Trash, Lawn Maintenance, Water, Sewer
  • Inclusions: Washer, Stove, Microwave, Dishwasher, Dryer
  • Subdivision Name: None
  • Architectural Style: Upper Level
  • Year Built: 1940
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Rooms Living Room: Yes
  • Included Stove: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Kitchen Eat-In: Yes
  • Contract Info Available Date: 2022-09-01
  • Maintenance Fees Security Deposit3: 1.5
  • Lease Requirements Security Deposit4: Yes
  • General Property Info # Parking Spaces3: 2
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 5
  • Stories: 1
  • Stories: 1
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • BasementOther: Yes
  • Other Rooms:Den2: Yes
  • OtherRoomsOther2: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Current Tenant's Personal Belongings

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Open, Driveway, Assigned
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking Open: Yes
  • Parking:Assigned2: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Trash: Yes
  • AssociationHOA Fee Includes:Water: Yes

Lot Info

  • Parcel #: 39-00111-0000-00019-01

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2024
Sold by
Andrew Lin Llc and Mega Financial Llc
Bought by
Acerra Thomas Howard and Cardinal Amanda C
Current Estimated Value
$1,168,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$799,200
Outstanding Balance
$787,304
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$381,061

Purchase Details

Closed on
Jan 18, 2024
Sold by
Andrew Lin Judy Llc
Bought by
Andrew Lin Llc and Mega Financial Llc

Purchase Details

Closed on
Oct 3, 2013
Sold by
Zegarelli Pantella Robert and Zegarelli Pantella Tami
Bought by
Andrew Lin Judy Llc

Purchase Details

Closed on
Aug 26, 2003
Sold by
Francis Wilton
Bought by
Pantella Robert and Pantella Jami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,800
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2003
Sold by
Francis Wilton
Bought by
Pantella Robert and Pantella Jami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,800
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 1994
Sold by
Ciuchta Mary
Bought by
Francis Wilton and Montuoro Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
8.38%
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
Acerra Thomas Howard $999,000 Two Rivers Title
Acerra Thomas Howard $999,000 Two Rivers Title
Andrew Lin Llc -- None Listed On Document
Andrew Lin Llc -- None Listed On Document
Andrew Lin Judy Llc $525,000 None Available
Pantella Robert $466,000 --
Pantella Robert $466,000 --
Francis Wilton $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acerra Thomas Howard $799,200
Closed Acerra Thomas Howard $799,200
Previous Owner Pantella Robert $372,800
Previous Owner Francis Wilton $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2022 09/07/22 Rented $21,600 +1100.0% --
08/18/2022 08/18/22 Under Contract -- -- --
08/01/2022 08/01/22 For Rent $1,800 -95.0% --
07/31/2020 07/31/20 Rented $36,000 +2300.0% --
06/15/2020 06/15/20 Under Contract -- -- --
05/15/2020 05/15/20 For Rent $1,500 -91.7% --
03/25/2017 03/25/17 Rented $18,000 +11.1% --
08/01/2014 08/01/14 Rented $16,200 -- --
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 $15,597 $947,200 $394,700 $552,500
2024 $12,821 $825,700 $313,700 $512,000
2023 $12,821 $670,900 $313,700 $357,200
2022 $12,151 $608,600 $266,700 $341,900
2021 $12,151 $543,200 $231,900 $311,300
2020 $11,724 $516,000 $231,900 $284,100
2019 $11,221 $507,500 $231,900 $275,600
2018 $10,876 $497,300 $231,900 $265,400
2017 $11,833 $560,800 $231,900 $328,900
2016 $11,036 $523,800 $203,400 $320,400
2015 $9,976 $490,700 $269,600 $221,100
2014 $10,535 $550,700 $306,000 $244,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22224204

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 39-00111-0000-00019-01