NOT LISTED FOR SALE

129 Garfield Ave Long Branch, NJ 07740

Estimated Value: $1,282,000 - $1,297,000

7 Beds
4 Baths
3,741 Sq Ft
$345/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $935,000 $250 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $8,218/month

180 Days on Market

Highlights

  • Garage Apartment
  • Multiple cooling system units
  • Fenced
  • 2 Car Attached Garage
  • Forced Air Heating System
  • Level Lot

About This Home

As of April 2022

Three apartments. Two buildings on one lot. Two short block walk to the Pier Village beach. Front building has 2 apartments, rear building has 1 apartment plus two attached garages. Front building has a full basement. All units pay their own gas, electric and water. No leases.

Last Agent to Sell the Property

Edward Thomas

Shoreview Realty Inc License #8535484 Listed on: 10/12/2021

Last Buyer's Agent

Oksana Caspento

EXP Realty License #1539780

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,837

Year Built

  • Built in 1907

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 56 x 187
  • Fenced
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Apartment
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,741 Sq Ft Home
  • 2-Story Property
  • Stove

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Schools

  • Long Branch Middle School

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Tenant's possessions.
  • Tenant pays for hot water, water, heat, gas, electricity
  • The owner pays for yard maintenance, snow removal, sewer
  • Assessor Parcel Number 27-00285-0000-00020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,837

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • ResoLotFeatures: Fenced Area, Level
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet
  • New Construction: No
  • Year Built: 1907
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 56 x 187
  • Location Middle School: Long Branch
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Cooling Electric3: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces: 3.0
  • Garage Apt Above Garage: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Basement Tenant Storage: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 Dryer Hookup: Yes
  • Unit 3 Washer Hookup: Yes
  • Unit 3 Water Heater3: Yes
  • Unit 3 Water Meter: Yes
  • Unit 3 Dryer4: Yes
  • Unit 3 Washer4: Yes
  • Unit 3 Electric Stove: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full, Tenant Storage
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Stories: 2
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.24
  • Waterfront Features: Other - See Remarks
  • Waterfront: No
  • Exclusions: Tenant's possessions.
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Off Street, On Street
  • Total Parking Spaces: 3.0
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, Other
  • Cooling Y N: Yes
  • Heating: Forced Air, HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 56 x 187
  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00285-0000-00020
  • Zoning Description: Single Family, Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Water, Heat, Gas, Electricity
  • Owner Pays: Yard Maintenance, Snow Removal, Sewer

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 10837.0
  • Tax Other Annual Assessment Amount: 518500.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Apr 20, 2022
Sold by
129 Garfield Avenue Associates Llc
Bought by
Matos Joao and Andre-Matos Elena
Seller's Agent
Edward Thomas
Shoreview Realty Inc
Buyer's Agent
Oksana Caspento
EXP Realty
List Price
$980,000
Sold Price
$935,000
Premium/Discount to List
-$45,000
-4.59%
Current Estimated Value
$1,291,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,438
Avg. Annual Appreciation
9.90%
Original Mortgage
$723,750
Outstanding Balance
$686,678
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$604,760
Source: Public Records

Range of Values:

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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
Matos Joao $965,000 American Land Title
Matos Joao $965,000 American Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matos Joao $723,750
Closed Matos Joao $723,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $935,000 -4.1% $250 / Sq Ft
12/30/2021 12/30/21 Price Changed $975,000 -0.5% $261 / Sq Ft
10/12/2021 10/12/21 For Sale $980,000 +4.8% $262 / Sq Ft
09/21/2021 09/21/21 Off Market $935,000 -- --
09/05/2021 09/05/21 Price Changed $980,000 -0.5% $262 / Sq Ft
09/04/2021 09/04/21 Price Changed $985,000 +0.5% $263 / Sq Ft
08/17/2021 08/17/21 For Sale $980,000 -- $262 / 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
2025 $16,446 $1,185,100 $246,700 $938,400
2024 $14,535 $1,070,000 $216,700 $853,300
2023 $14,535 $935,900 $176,700 $759,200
2022 $10,439 $594,400 $141,700 $452,700
2021 $10,439 $521,700 $122,700 $399,000
2020 $10,837 $518,500 $121,700 $396,800
2019 $10,300 $490,000 $111,700 $378,300
2018 $9,896 $468,100 $103,700 $364,400
2017 $9,707 $471,000 $91,700 $379,300
2016 $11,554 $571,700 $96,700 $475,000
2015 $8,912 $400,200 $100,000 $300,200
2014 $8,300 $392,800 $111,900 $280,900
Source: Public Records

Agents Affiliated with this Home

  • Edward Thomas

    Seller's Agent in 2022

    Edward Thomas

    Shoreview Realty Inc

    (732) 229-6800

    1 in this area

    1 Total Sale

    Edward Thomas
    Section Image
  • Oksana Caspento

    Buyer's Agent in 2022

    Oksana Caspento

    EXP Realty

    (732) 937-3101

    2 in this area

    73 Total Sales

    Oksana Caspento
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22127178

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00285-0000-00020

New Jersey Monmouth County Long Branch 07740

129 Garfield Ave, Long Branch, NJ

This home is located at 129 Garfield Ave, Long Branch, NJ 07740 since 12 October 2021 and is currently estimated at $1,291,438, approximately $345 per square foot. This property was built in 1907. 129 Garfield 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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