NOT LISTED FOR SALE

156 3rd Ave Unit 158 Long Branch, NJ 07740

Estimated Value: $787,728 - $1,042,000

4 Beds
4 Baths
1,805 Sq Ft
$486/Sq Ft Est. Value

Last Sold March 07, 2018

Last sale price $431,000 $239 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,590/month

68 Days on Market

Highlights

  • Double-Wide Driveway
  • 3-minute walk to Long Branch
  • Fenced
  • Air Conditioning
  • Forced Air Heating System

About This Home

As of March 2018

Calling all investors!!! Great 4 family with a 10 year history of positive cash flow just 3 blocks to Pier Village and Long Branch's fabulous beaches. Upstairs units have potential for three bedrooms and driveway can be extended to fit many more cars. This one won't last call today for private showing. Property is sold AS IS

Last Agent to Sell the Property

Maria Jakubik

Coldwell Banker Realty Listed on: 11/04/2017

Last Buyer's Agent

Margaret Rigassio

Coldwell Banker Realty License #1649859

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,656

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 50 x 130
  • Fenced

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,805 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Stove
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • No Garage
  • Double-Wide Driveway

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Propane
  • Oil Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: tenant personal property
  • Tenant pays for electricity
  • The owner pays for hot water, sewer, heat
  • Assessor Parcel Number 27-00201-0000-00005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,656

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet, Laminate
  • New Construction: No
  • Year Built: 1910
  • 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: 50 x 130
  • Location Middle School: Long Branch
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • SidingBrick: Yes
  • Cooling Multi Units: Yes
  • Water Heater Oil: Yes
  • General Property Info # Parking Spaces: 4.0
  • Parking Double Wide: Yes
  • Unit 1 AC Unit: Yes
  • Unit 2 AC Unit2: Yes
  • Floors Laminate2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 4 Gas Stove10: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 AC Unit3: Yes
  • Unit 4 AC Unit10: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: tenant personal property
  • Construction Type: Brick
  • Exterior Features: Fence

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None, Double Wide
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Propane: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50 x 130
  • Parcel #: 27-00201-0000-00005
  • Zoning Description: Multi-Family

Rental Info

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

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 7656.0
  • Tax Other Annual Assessment Amount: 381300.0

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2017
Closed on
Mar 6, 2018
Sold by
Mcgimpsey Scott and Mcgimpsey Tracey
Bought by
Royce Michael and Royce Zhushan
Seller's Agent
Maria Jakubik
Coldwell Banker Realty
Buyer's Agent
Margaret Rigassio
Coldwell Banker Realty
Sold Price
$431,000
Current Estimated Value
$881,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,780
Avg. Annual Appreciation
10.01%
Original Mortgage
$323,250
Outstanding Balance
$196,281
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$679,251

Purchase Details

Closed on
Jun 22, 2010
Sold by
Andreula Vincent
Bought by
Mcgimpsey Scott and Mcgimpsey Tracey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2003
Sold by
Andreula Vincent
Bought by
Andreula Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
5.82%

Purchase Details

Closed on
Jun 27, 1996
Sold by
Penta Carmela
Bought by
Andreula Vincent and Andreula Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.05%
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
Royce Michael $431,000 Old Republic Natl Title
Mcgimpsey Scott $385,000 Old Republic National Title
Andreula Vincent $75,000 --
Andreula Vincent $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Royce Michael $323,250
Previous Owner Mcgimpsey Scott $288,750
Previous Owner Andreula Vincent $100,000
Previous Owner Andreula Vincent $192,500
Previous Owner Andreula Vincent $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2018 03/07/18 Sold $431,000 -- $239 / 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 $9,149 $698,300 $216,500 $481,800
2023 $9,149 $589,100 $176,500 $412,600
2022 $8,922 $505,000 $141,500 $363,500
2021 $8,922 $445,900 $122,500 $323,400
2020 $9,259 $443,000 $121,500 $321,500
2019 $8,788 $418,100 $111,500 $306,600
2018 $8,433 $398,900 $103,500 $295,400
2017 $7,859 $381,300 $91,500 $289,800
2016 $7,656 $378,800 $96,500 $282,300
2015 $5,443 $244,400 $95,200 $149,200
2014 $5,044 $238,700 $106,400 $132,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Maria Jakubik

    Coldwell Banker Realty

  • Margaret Rigassio

    Buyer's Agent in 2018

    Margaret Rigassio

    Coldwell Banker Realty

    (908) 910-7563

    32 Total Sales

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21742222

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00201-0000-00005

New Jersey Monmouth County Long Branch 07740

156 3rd Ave Unit 158, Long Branch, NJ

This home is located at 156 3rd Ave Unit 158, Long Branch, NJ 07740 since 04 November 2017 and is currently estimated at $877,932, approximately $486 per square foot. This property was built in 1910. 156 3rd Ave Unit 158 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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