NOT LISTED FOR SALE

151 Oakwood Ave Long Branch, NJ 07740

Estimated Value: $965,000 - $1,287,000

6 Beds
3 Baths
4,103 Sq Ft
$276/Sq Ft Est. Value

Last Sold March 19, 2014

Last sale price $427,500 $104 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $7,302/month

43 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • 2 Car Direct Access Garage
  • Attic
  • Screened Porch
  • Double-Wide Driveway

About This Home

As of March 2014

THIS SPACIOUS TWO-FAMILY SITUATED ON OVERSIZED LOT IS AN ABSOLUTE MUST SEE. TENANTS MONTH TO MONTH. UNIT 151 CONSISTS OF LRM, KIT, (3) BRMS, (1) BATH AND FULL BASEMENT. TENANT PAYS $1,500.00 PER MONTH PLUS GAS, ELECTRIC + WATER. UNIT 151A CONSISTS OF LRM, DRM, KIT, OFFICE, (3) BRMS, (2) FULL BATHS, FULL BASEMENT AND TWO CAR GARAGE. TENANT PAYS $1,700.00 PER MONTH PLUS GAS, ELECTRIC + WATER. LANDLORD PAYS SEWER.

Last Agent to Sell the Property

Frank Camassa

Camassa Agency Inc License #8132820 Listed on: 09/23/2013

Last Buyer's Agent

Sandra Munson

Camassa Agency Inc License #7944153

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,978

Year Built

  • 1940

Lot Details

  • Lot Dimensions are 136x148x94x164
  • Landscaped with Trees

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Wood Roof
  • Asphalt Rolled Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Thermal Windows
  • Window Screens
  • Screened Porch
  • Walkup Attic

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Car Direct Access Garage
  • Double-Wide Driveway
  • Unpaved Parking
  • Assigned Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, snow removal, heat, gas, electricity
  • The owner pays for yard maintenance, sewer
  • Assessor Parcel Number 00166000000005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,978

Year Built

1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Treed Lots
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet, Wood, Ceramic Tile
  • Reso Interior Features: Attic, Attic - Walk Up
  • New Construction: No
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Garage Direct Entry: Yes
  • General Property Info Lot Dimensions: 136X148X94X164
  • Location Middle School: Long Branch
  • Water Heater Electric2: Yes
  • Roof Shingled: Yes
  • Lot Description Treed Lots: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Storm Window: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Fireplaces: 2.0
  • Interior Attic: Yes
  • Exterior Thermal Window: Yes
  • Exterior Storm Door(s): Yes
  • SidingBrick: Yes
  • Roof Timberline: Yes
  • Parking Unpaved: Yes
  • Exterior Porch - Screened: Yes
  • Interior Attic - Walk Up: Yes
  • Siding Stucco - Cement: Yes
  • General Property Info # Parking Spaces: 2.0
  • Parking Double Wide: Yes
  • Siding Wood2: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Electric Stove3: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Electric Stove2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Exterior Screens2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Washer Hookup2: Yes
  • Exterior BBQ2: Yes
  • Special Features: None
  • Year Built: 1940

Interior Features

  • Basement: Partially Finished, Walk-Out Access, Full
  • Basement: Yes
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Stories: 2
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Roof: Shingle, Wood, Timberline
  • Waterfront: No
  • Construction Type: Brick, Stucco
  • Exterior Features: Patio, Porch - Screened, Storm Door(s), Storm Window, Thermal Window, BBQ, Screens, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Parking Features: Assigned, Double Wide, Unpaved, Direct Access
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • Parking:Assigned2: Yes

Utilities

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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 136X148X94X164
  • Parcel #: 00166000000005
  • Zoning Description: Residential

Rental Info

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

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 9978.0
  • Tax Other Annual Assessment Amount: 488400.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2013
Closed on
Mar 19, 2014
Sold by
Juliano Douglas
Bought by
Lakhani Jagdish and Lakhani Mita
Seller's Agent
Frank Camassa
Camassa Agency Inc
Buyer's Agent
Sandra Munson
Camassa Agency Inc
Sold Price
$427,500
Total Days on Market
43
Current Estimated Value
$1,134,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$706,894
Avg. Annual Appreciation
8.65%
Original Mortgage
$320,625
Outstanding Balance
$248,032
Interest Rate
4.27%
Mortgage Type
Commercial
Estimated Equity
$834,295
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
Lakhani Jagdish $427,500 Agent For Old Republic Natl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakhani Jagdish $320,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2014 03/19/14 Sold $427,500 -- $104 / 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 $11,418 $826,300 $295,900 $530,400
2023 $11,418 $735,200 $228,900 $506,300
2022 $10,151 $597,100 $151,100 $446,000
2021 $10,151 $507,300 $131,100 $376,200
2020 $10,348 $495,100 $121,100 $374,000
2019 $9,936 $472,700 $116,100 $356,600
2018 $9,655 $456,700 $113,100 $343,600
2017 $9,277 $450,100 $113,100 $337,000
2016 $8,941 $442,400 $114,100 $328,300
2015 $8,391 $376,800 $116,700 $260,100
2014 $10,320 $488,400 $128,500 $359,900
Source: Public Records

Agents Affiliated with this Home

  • Frank Camassa

    Seller's Agent in 2014

    Frank Camassa

    Camassa Agency Inc

    (732) 915-8711

    14 in this area

    71 Total Sales

    Frank Camassa
    Section Image

  • S

    Buyer's Agent in 2014

    Sandra Munson

    Camassa Agency Inc

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21332878

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00166-0000-00005

New Jersey Monmouth County Long Branch 07740

151 Oakwood Ave, Long Branch, NJ

This home is located at 151 Oakwood Ave, Long Branch, NJ 07740 since 23 September 2013 and is currently estimated at $1,134,394, approximately $276 per square foot. This property was built in 1940. 151 Oakwood Ave is a home located in Monmouth County with nearby schools including Long Branch High School, Holy Trinity School, and Bet Yaakov of the Jersey Shore.

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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