NOT LISTED FOR SALE

176 Ocean Ave Long Branch, NJ 07740

Estimated Value: $1,354,000

0.31 Acre
$4,367,742 Price per Acre
13,504 Sq Ft Lot

Last Sold November 15, 2013

Last sale price $1,500,000 $641 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $9,415/month

128 Days on Market

Highlights

  • Ocean Front
  • Guest House
  • 0.31 Acre Lot

About This Lot

As of November 2013

Fantastic Location! This Single Family & guest home seconds away from Pier Village offers spectacular Oceanfront Views. Has so many possibilities. 9ft ceiling and wooden floors with original moldings. Renovate both homes as your first or second home or rent. Also has ability to have 7 Oceanfront Condo's on existing foundation with possible tax abatement must be approved by township. Flood Zoned X. Rare opportunity, Will not last! Sold Strictly ''AS-IS''.

Last Listed By

Aracelis Sanchez

Heritage House Sotheby's International Realty Listed on: 04/24/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $29,444

Year Built

  • 1903

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 75 x 182
  • Ocean Front

Schools

  • Long Branch Middle School
  • Long Branch High School

Additional Features

  • Ocean Views
  • Electricity Available at Street
  • Guest House
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 00218000000008

Property Details

Property Type

Land

Est. Annual Taxes

$29,444

Year Built

1903

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Oceanfront
  • Subdivision Name: None
  • Reso Other Structures: Guest House
  • General Property Info Waterview: Yes
  • Water Type Oceanfront: Yes
  • Water Type Oceanview: Yes
  • Lot Description Oceanfront2: Yes
  • General Property Info Acreage: 0.31
  • General Property Info Lot Dimensions: 75 X 182
  • Location Middle School: Long Branch
  • WaterSewer Public Sewer On-Site: Yes
  • WaterSewer Public Sewer at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Out Buildings Guest House: Yes
  • Special Features: None
  • Year Built: 1903

Exterior Features

  • Acres: 0.31
  • Waterfront Features: Oceanfront, Oceanview
  • Waterfront: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 75 X 182
  • Lot Size Sq Ft: 13503.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 00218000000008
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 29444.0

MLS Schools

  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2023
Sold by
Pv Motel Llc
Bought by
Not Given
Total Days on Market
128
Current Estimated Value
$1,354,000

Purchase Details

Closed on
Jul 19, 2023
Sold by
Pv Motel Llc
Bought by
Pv Motel Llc

Purchase Details

Closed on
Jul 23, 2018
Sold by
176 Ocean Ave Llc
Bought by
Pv Motel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,025,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 24, 2013
Closed on
Nov 15, 2013
Sold by
Krebs Robert G and Locicero Lori
Bought by
176 Ocean Avenue Llc
Seller's Agent
Aracelis Sanchez
Heritage House Sotheby's International Realty
Buyer's Agent
Patrice Cicalese-Carden
Resources Real Estate
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 28, 2009
Sold by
Krebs Robert G and Locicero Lori
Bought by
Krebs Robert G

Purchase Details

Closed on
Mar 7, 2000
Sold by
Ammaturo James
Bought by
Krebs Robert and Locicero Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.24%

Range of Values:

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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
Not Given -- None Listed On Document
Pv Motel Llc -- None Listed On Document
Pv Motel Llc $2,700,000 Quality Title
176 Ocean Avenue Llc $1,500,000 Westcor Land Title Ins Co
Krebs Robert G -- New Jersey Title Ins Co
Krebs Robert $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pv Motel Llc $3,852,500
Previous Owner Pv Motel Llc $5,025,000
Previous Owner 176 Ocean Avenue Llc $700,000
Previous Owner Krebs Robert G $200,000
Previous Owner Krebs Robert G $938,250
Previous Owner Krebs Robert G $150,000
Previous Owner Krebs Robert $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $1,500,000 0.0% $641 / Sq Ft
11/15/2013 11/15/13 Sold $1,500,000 -- $641 / 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
2023 $22,469 $1,446,800 $1,446,800 $0
2022 $21,823 $1,155,600 $1,155,600 $0
2021 $21,823 $1,090,600 $1,090,600 $0
2020 $22,585 $1,080,600 $1,080,600 $0
2019 $29,884 $1,421,700 $1,080,600 $341,100
2018 $29,156 $1,379,200 $1,050,600 $328,600
2017 $27,883 $1,352,900 $1,030,600 $322,300
2016 $27,174 $1,344,600 $1,030,600 $314,000
2015 $31,784 $1,427,200 $1,105,100 $322,100
2014 $31,758 $1,503,000 $1,414,500 $88,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Aracelis Sanchez

    Heritage House Sotheby's International Realty

  • Patrice Cicalese-Carden

    Buyer's Agent in 2013

    Patrice Cicalese-Carden

    Resources Real Estate

    (732) 768-8793

    1 in this area

    29 Total Sales

    Patrice Cicalese-Carden
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21314020

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00218-0000-00008

New Jersey Monmouth County Long Branch 07740

176 Ocean Ave, Long Branch, NJ

Homes for Sale in Long Branch, NJ

This home is located at 176 Ocean Ave, Long Branch, NJ 07740 since 24 April 2013 and is currently priced at $1,354,000, approximately $578 per square foot. This property was built in 1903. 176 Ocean Ave is a home located in Monmouth County with nearby schools including Long Branch High School, Holy Trinity School, and Ma'or Yeshiva High School for Boys.

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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