NOT LISTED FOR SALE

147 Pavilion Ave Long Branch, NJ 07740

Estimated Value: $683,446

2 Beds
2 Baths
2,852 Sq Ft
$240/Sq Ft Est. Value

Last Sold January 07, 2021

Last sale price $431,000 $151 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,274/month

18 Days on Market

Highlights

  • Multiple cooling system units
  • Level Lot
  • 4-minute walk to Long Branch

About This Home

As of January 2021

Super investment-2 unit building. Doctor's office on first floor and 1 bedroom residential apartment on second and third floor. Location is directly across from Monmouth Medical Hospital. Monthly income is $3625 per month and each unit has separate utilities. Ample parking.

Last Agent to Sell the Property

Deborah Pavlis

Jamie Pavlis Real Estate, Inc. License #1110543 Listed on: 11/01/2020

Last Buyer's Agent

Deborah Pavlis

Jamie Pavlis Real Estate, Inc. License #1110543 Listed on: 11/01/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,473

Lot Details

  • 10,629

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • No Garage
  • Paved Parking
  • On-Street Parking
  • Visitor Parking
  • Off-Street Parking

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Multiple cooling system units
  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Stove
  • Exterior Lighting
  • Level Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Personal Items. Business Name.
  • Tenant pays for water, heat, gas, electricity
  • Assessor Parcel Number 2700228000000030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,473

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Long Branch
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Garage None4: Yes
  • Cooling Multi Units: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Water Heater2: Yes
  • Parking Visitor2: Yes
  • Basement Tenant Storage: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Tenant Storage
  • Basement: Yes
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Personal Items. Business Name.
  • Exterior Features: Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

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

Utilities

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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Parcel #: 2700228000000030
  • Zoning Description: Residential, Professional, Has Variance

Rental Info

  • Tenant Pays: Water, Heat, Gas, Electricity

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7473.0
  • Tax Other Annual Assessment Amount: 377300.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2025
Sold by
Amorim Armando and Amorim Maria
Bought by
147 Pavilion Avenue Llc
Current Estimated Value
$683,446

Purchase Details

Listed on
Nov 1, 2020
Closed on
Dec 18, 2020
Sold by
Buono Philip Lo and Buono Charlotte Lo
Bought by
Amorim Armando and Amorim Maria
Seller's Agent
Deborah Pavlis
Jamie Pavlis Real Estate, Inc.
Buyer's Agent
Deborah Pavlis
Jamie Pavlis Real Estate, Inc.
List Price
$410,000
Sold Price
$431,000
Premium/Discount to List
$21,000
5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
147 Pavilion Avenue Llc -- None Listed On Document
147 Pavilion Avenue Llc -- None Listed On Document
Amorim Armando $431,500 First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2021 01/07/21 Sold $431,000 +5.1% $151 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/01/2020 11/01/20 For Sale $410,000 -- $144 / 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 $7,982 $600,000 $248,300 $351,700
2024 $6,881 $519,300 $218,300 $301,000
2023 $6,881 $443,100 $178,300 $264,800
2022 $7,600 $429,900 $143,300 $286,600
2021 $7,600 $379,800 $124,300 $255,500
2020 $7,886 $377,300 $123,300 $254,000
2019 $7,473 $355,500 $113,300 $242,200
2018 $7,209 $341,000 $105,300 $235,700
2017 $6,688 $324,500 $93,300 $231,200
2016 $6,538 $323,500 $98,300 $225,200
2015 $7,701 $345,800 $99,500 $246,300
2014 $7,072 $334,700 $111,100 $223,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Deborah Pavlis

    Jamie Pavlis Real Estate, Inc.

    (732) 865-0803

    2 in this area

    22 Total Sales

    Deborah Pavlis
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22039165

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00228-0000-00030

New Jersey Monmouth County Long Branch 07740

147 Pavilion Ave, Long Branch, NJ

Not Listed for Sale

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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