NOT LISTED FOR SALE

193 Union Ave Long Branch, NJ 07740

Estimated Value: $550,000 - $711,000

5 Beds
3 Baths
2,217 Sq Ft
$281/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $484,500 $219 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,937/month

8 Days on Market

Highlights

  • Multiple cooling system units
  • Fenced
  • Level Lot
  • Forced Air Heating System

About This Home

As of June 2022

Located in the heart of Long Branch only blocks from schools, train station, and the beach, this 2-family home is the perfect investment opportunity for the savvy investor! A foyer entryway provides a common interior area for separate access to each unit. The expansive downstairs unit is complete with 3 bedrooms, 2 full bathrooms, a den/dining room, a large kitchen, a bonus room, and access to the partial basement space! Upstairs includes 2 bedrooms, a living room, kitchen, and full bathroom. Set on a large property in one of the hottest Jersey Shore towns, this is your chance to jump into a fully rented, income producing property. There is also a large driveway for plenty of off street parking as well as available street parking. Make your plans to check it out today!

Last Agent to Sell the Property

Robert Kosinski

RE/MAX Gateway License #1643938 Listed on: 02/16/2022

RE/MAX Gateway

Co-Listed By

Robert Lange

RE/MAX Gateway License #1329516

Last Buyer's Agent

Lorraine Tracy

Keller Williams Realty West Monmouth License #1006716

Keller Williams Realty West Monmouth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,558

Year Built

  • Built in 1907

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Fenced
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,217 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Long Branch Middle School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for heat, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 27-00273-0000-00008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,558

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Fenced Area, Level
  • Co List Office Mls Id: 1227
  • Co List Office Phone: 609-693-5002
  • Subdivision Name: None
  • Year Built: 1907
  • 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 150
  • Location Middle School: Long Branch
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Cooling Multi Units: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exterior Features: Fence
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units, Other
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00273-0000-00008
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4558.0
  • Tax Other Annual Assessment Amount: 227800.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Jun 30, 2022
Sold by
193 Union Ave Llc
Bought by
Knobloch Roizy and Wieder Yona
Seller's Agent
Robert Kosinski
RE/MAX Gateway
Buyer's Agent
Lorraine Tracy
Keller Williams Realty West Monmouth
List Price
$399,900
Sold Price
$484,500
Premium/Discount to List
$84,600
21.16%
Current Estimated Value
$623,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,504
Avg. Annual Appreciation
8.04%
Original Mortgage
$363,375
Outstanding Balance
$345,710
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$277,294

Purchase Details

Closed on
Jul 3, 2019
Sold by
H T Equities Llc
Bought by
193 Union Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
10%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 24, 1996
Sold by
Rivera Antonio
Bought by
Pudder Joannie and Pudder Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
8.26%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Knobloch Roizy $484,500 Trident Abstract Title
Knobloch Roizy $484,500 Trident Abstract Title
193 Union Ave Llc $220,000 Dekel Abstract Llc
Pudder Joannie $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knobloch Roizy $363,375
Closed Knobloch Roizy $363,375
Previous Owner 193 Union Ave Llc $200,000
Previous Owner Pudder Joannie $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $484,500 +21.2% $219 / Sq Ft
02/16/2022 02/16/22 For Sale $399,900 -- $180 / 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 $7,611 $537,600 $200,000 $337,600
2024 $7,276 $495,200 $128,000 $367,200
2023 $7,276 $468,500 $118,000 $350,500
2022 $4,558 $245,600 $80,000 $165,600
2021 $4,558 $227,800 $73,000 $154,800
2020 $4,778 $228,600 $62,000 $166,600
2019 $4,929 $234,500 $60,000 $174,500
2018 $4,780 $226,100 $58,000 $168,100
2017 $4,594 $222,900 $58,000 $164,900
2016 $4,460 $220,700 $60,000 $160,700
2015 $5,091 $228,600 $75,000 $153,600
2014 $4,718 $223,300 $87,000 $136,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22204192

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00273-0000-00008