NOT LISTED FOR SALE

198 Westwood Ave Long Branch, NJ 07740

Estimated Value: $769,863 - $948,000

4 Beds
1 Bath
1,284 Sq Ft
$666/Sq Ft Est. Value

Last Sold April 17, 2017

Last sale price $350,000 $273 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $5,523/month

99 Days on Market

Highlights

  • Multiple cooling system units
  • Forced Air Heating System
  • 4-minute walk to Long Branch

About This Home

As of April 2017

Two-family, house split left and rightThree bedroom on either side1.5 bathrooms each sideBoth units have unfinished basementOne unit has bonus large atticParking for up to six carsRent Roll- $42,000/yearTenant pays all utilities

Last Agent to Sell the Property

Daniel Kole

Burke&Manna Real Estate Agency License #1435781 Listed on: 11/16/2016

Last Buyer's Agent

Nanette Zolnoski

RE/MAX Central License #0561841

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,663

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 50 x 88

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

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 hot water, water, heat, gas, electricity
  • Assessor Parcel Number 27-00196-0000-00012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,663

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1910
  • 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: 50 x 88
  • Location Middle School: Long Branch
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Cooling Multi Units: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • 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:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50 x 88
  • Parcel #: 27-00196-0000-00012

Rental Info

  • Tenant Pays: Hot Water, Water, Heat, Gas, Electricity

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 8663.0
  • Tax Other Annual Assessment Amount: 457800.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2016
Closed on
Apr 20, 2017
Sold by
Andreas Sahar
Bought by
Musarra Maria and Musarra Salvatore
Seller's Agent
Daniel Kole
Burke&Manna Real Estate Agency
Buyer's Agent
Nanette Zolnoski
RE/MAX Central
Sold Price
$350,000
Current Estimated Value
$854,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,966
Avg. Annual Appreciation
11.09%
Original Mortgage
$245,000
Outstanding Balance
$204,489
Interest Rate
3.97%
Estimated Equity
$637,830

Purchase Details

Closed on
Oct 25, 2008
Sold by
Goncalves Luis and Goncalves Erssi
Bought by
Sahar Andreas and Loveless Megwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2007
Sold by
Goncalves Luis
Bought by
Goncalves Luis and Goncalves Erssi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,500
Interest Rate
12.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2003
Sold by
Fragale Mario
Bought by
Goncalves Luis and Goncalves Erssi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
5.46%

Purchase Details

Closed on
May 10, 2002
Sold by
Antonucci Paul
Bought by
Fragale Mario
Source: Public Records

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
Musarra Maria -- --
Sahar Andreas $365,000 Multiple
Goncalves Luis -- Equititle Llc
Goncalves Luis $339,000 --
Fragale Mario $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musarra Maria $245,000
Closed Musarra Maria --
Closed Musarra Salvatore $245,000
Previous Owner Sahar Andreas $285,300
Previous Owner Sahar Andreas $292,000
Previous Owner Goncalves Luis $518,500
Previous Owner Goncalves Luis $360,000
Previous Owner Goncalves Luis $271,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2017 04/17/17 Sold $350,000 -- $273 / 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 $10,379 $698,900 $300,800 $398,100
2023 $10,379 $668,300 $293,300 $375,000
2022 $10,117 $527,200 $196,900 $330,300
2021 $10,117 $505,600 $189,400 $316,200
2020 $10,542 $504,400 $190,100 $314,300
2019 $10,218 $486,100 $186,400 $299,700
2018 $9,982 $472,200 $183,400 $288,800
2017 $9,586 $465,100 $181,900 $283,200
2016 $9,252 $457,800 $181,900 $275,900
2015 $8,663 $389,000 $176,300 $212,700
2014 $8,310 $393,300 $204,500 $188,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Daniel Kole

    Burke&Manna Real Estate Agency

    Section Image
  • Nanette Zolnoski

    Buyer's Agent in 2017

    Nanette Zolnoski

    RE/MAX

    (732) 616-8256

    57 Total Sales

    Nanette Zolnoski
    Section Image
  • Penelope Vincek

    Buyer Co-Listing Agent in 2017

    Penelope Vincek

    RE/MAX

    (732) 682-1061

    56 Total Sales

    Penelope Vincek
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21643106

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00196-0000-00012

New Jersey Monmouth County Long Branch 07740

198 Westwood Ave, Long Branch, NJ

This home is located at 198 Westwood Ave, Long Branch, NJ 07740 since 16 November 2016 and is currently estimated at $854,966, approximately $665 per square foot. This property was built in 1910. 198 Westwood 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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