NOT LISTED FOR SALE

134 Garfield Ave Long Branch, NJ 07740

Estimated Value: $911,000 - $1,185,000

4 Beds
2 Baths
1,988 Sq Ft
$502/Sq Ft Est. Value

Last Sold February 14, 2012

Last sale price $177,500 $89 Per Sq Ft

Est. 462% increase in value since last sale

Current estimated payment $6,343/month

58 Days on Market

Highlights

  • Water Views
  • Balcony
  • Heating System Uses Natural Gas
  • Deck
  • Double-Wide Driveway

About This Home

As of February 2012

On the street at the entrance of Pier Village, great location and great rental history....Two, two bedroom apts. Second floor apt. has a trex deck. View of the water from the finished walk-up attic. Full basement. Sep. heat and electric meters. Content tenants are on mth. to mth. leases.

Last Agent to Sell the Property

Bobbi Lebbing

New Jersey Realty License #9696052 Listed on: 09/02/2011

Last Buyer's Agent

Bobbi Lebbing

New Jersey Realty License #9696052 Listed on: 09/02/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,603

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 49x114

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Water Views
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Double-Wide Driveway

Outdoor Features

  • Balcony
  • Deck

Schools

  • Garfield Elementary School
  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for heat, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 2700286000000003

Community Details

Overview

  • 2 Units

Building Details

  • Water Sewer Expense $2,862
  • Gross Income $23,700
  • Net Operating Income $15,185

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,603

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet
  • Reso Interior Features: Attic - Walk Up, Balcony
  • Year Built: 1900
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 49X114
  • Location Middle School: Long Branch
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Interior Balcony: Yes
  • ExteriorDeck: Yes
  • Interior Attic - Walk Up: Yes
  • General Property Info # Parking Spaces: 4.0
  • Parking Double Wide: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Income Expenses WaterSewer Expense: 2862.0
  • Income Expenses Gross Income2: 23700.0
  • Income Expenses Net Income: 15185.0
  • Unit 1 Dryer Hookup3: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Deck
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Double Wide
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Fee Information

  • Annual Water Sewer Expense: 2862.0

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 49X114
  • Parcel #: 2700286000000003
  • Zoning Description: Multi-Family

Rental Info

  • Tenant Pays: Heat, Gas, Electricity
  • Owner Pays: Water, Sewer

Tax Info

  • Tax Year: 2009
  • Tax Annual Amount: 4603.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 23700.0

MLS Schools

  • Elementary School: Garfield
  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2011
Closed on
Feb 14, 2012
Sold by
Corbisiero Anthony and Lomauro Peter
Bought by
Azevedo Manuel G and Azevedo Rosa L
Seller's Agent
Bobbi Lebbing
New Jersey Realty
Buyer's Agent
Bobbi Lebbing
New Jersey Realty
Sold Price
$177,500
Total Days on Market
58
Current Estimated Value
$997,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$820,367
Avg. Annual Appreciation
13.86%

Purchase Details

Closed on
Jul 2, 2001
Sold by
Pawlikowski Peter
Bought by
Corbisiero Anthony and Lomauro Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.64%
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
Azevedo Manuel G $177,500 None Available
Corbisiero Anthony $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corbisiero Anthony $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2012 02/14/12 Sold $177,500 -- $89 / 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 $8,900 $632,200 $212,700 $419,500
2023 $8,900 $573,100 $172,700 $400,400
2022 $8,888 $490,500 $137,700 $352,800
2021 $8,888 $444,200 $118,700 $325,500
2020 $9,225 $441,400 $117,700 $323,700
2019 $8,751 $416,300 $107,700 $308,600
2018 $8,393 $397,000 $99,700 $297,300
2017 $7,819 $379,400 $87,700 $291,700
2016 $7,617 $376,900 $92,700 $284,200
2015 $6,839 $307,100 $85,500 $221,600
2014 $6,183 $292,600 $95,900 $196,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21133306

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00286-0000-00003