NOT LISTED FOR SALE

162 2nd Ave Long Branch, NJ 07740

Estimated Value: $637,000 - $808,000

5 Beds
2 Baths
1,812 Sq Ft
$400/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $345,000 $190 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,523/month

17 Days on Market

About This Home

As of August 2018

Great investment property!!! Live in one rent the other or rent both! Close to beaches, shopping and transportation!

Last Agent to Sell the Property

Carol O'hare

Heritage House Sotheby's International Realty Brokerage Phone: 732-241-6649 License #8534139 Listed on: 05/22/2018

Heritage House Sotheby's International Realty

Last Buyer's Agent

Carol O'Hare

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,113

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 45 x 136

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,812 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Paved Parking

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Forced Air Heating System
  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants Belongings
  • Tenant pays for hot water, yard maintenance, snow removal, heat, gas
  • Assessor Parcel Number 27-00229-0000-00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,113

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Attribution Contact: 732-241-6649
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1956
  • Contract Info List PriceSqFt: 193.16
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 45 x 136
  • Location Middle School: Long Branch
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Tenants Belongings

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, None
  • General Property Info:Garage: No
  • Parking:Paved2: Yes

Utilities

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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 45 x 136
  • Parcel #: 27-00229-0000-00015
  • Zoning Description: Multi-Family

Rental Info

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

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6113.0
  • Tax Other Annual Assessment Amount: 296600.0

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
Oct 1, 2020
Sold by
162 2Nd St Llc
Bought by
Akhamzadeh Malkiel
Current Estimated Value
$725,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Outstanding Balance
$305,080
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$420,616

Purchase Details

Closed on
Apr 1, 2020
Sold by
162 2Nd St Llc
Bought by
Akhamzadeh Malkiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2018
Closed on
Jul 5, 2018
Sold by
Field Stephanie L
Bought by
162 2Nd St Llc
Seller's Agent
Carol O'hare
Heritage House Sotheby's International Realty
Buyer's Agent
Carol O'Hare
VRI Homes
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%
Original Mortgage
$297,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2009
Sold by
Castillo Noe
Bought by
Field Stephanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 20, 2006
Sold by
Castillo Hacmoni
Bought by
Castillo Noa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
8.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2005
Sold by
Donato Mildred
Bought by
Castillo Hacmoni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
8.05%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Akhamzadeh Malkiel -- None Available
Akhamzadeh Malkiel -- None Listed On Document
162 2Nd St Llc $345,000 Old Republic National Title
Field Stephanie L $300,000 None Available
Castillo Noa $600,000 --
Castillo Hacmoni $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akhamzadeh Malkiel $343,000
Previous Owner Akhamzadeh Malkiel $343,000
Previous Owner 162 2Nd St Llc $297,000
Previous Owner Field Stephanie L $294,566
Previous Owner Castillo Noa $480,000
Previous Owner Castillo Hacmoni $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2018 08/10/18 Sold $345,000 -- $190 / 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 $8,294 $601,600 $242,300 $359,300
2024 $7,527 $539,600 $212,300 $327,300
2023 $7,527 $484,700 $172,300 $312,400
2022 $6,975 $412,500 $137,300 $275,200
2021 $6,975 $352,000 $118,300 $233,700
2020 $7,307 $349,600 $117,300 $232,300
2019 $6,911 $328,800 $107,300 $221,500
2018 $6,610 $312,700 $99,300 $213,400
2017 $6,113 $296,600 $87,300 $209,300
2016 $5,986 $296,200 $92,300 $203,900
2015 $5,523 $248,000 $92,100 $155,900
2014 $5,397 $255,400 $103,500 $151,900
Source: Public Records

Agents Affiliated with this Home

  • Carol O'hare

    Seller's Agent in 2018

    Carol O'hare

    Heritage House Sotheby's International Realty

    (732) 241-6649

    1 in this area

    62 Total Sales

    Carol O'hare
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21819942

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00229-0000-00015

New Jersey Monmouth County Long Branch 07740

162 2nd 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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