NOT LISTED FOR SALE

237 Coleman Ave Long Branch, NJ 07740

Estimated Value: $556,000 - $775,000

2 Beds
1 Bath
1,922 Sq Ft
$344/Sq Ft Est. Value

Last Sold April 01, 2014

Last sale price $240,000 $125 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $4,286/month

69 Days on Market

About This Home

As of April 2014

Excellent Two Family home located in the heart of Long Branch in a manicured lot. Currently both units are rented. All utilities are separate and paid by the tenants. unit 2 features new furnace, new hot water heater and central air. unit 1: approximately 6 years old furnace and hot water heat. Please come and see for yourself.

Last Agent to Sell the Property

Lina Tavares

EXIT Realty East Coast Shirvanian License #0341340 Listed on: 11/30/2013

EXIT Realty East Coast Shirvanian

Last Buyer's Agent

Michael Minervini

RE/MAX 1st. Advantage License #9803637

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,853

Year Built

  • Built in 1940

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,922 Sq Ft Home
  • 2-Story Property
  • Dirt Floor
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 2 Parking Spaces
  • No Garage
  • On-Street Parking
  • Off-Street Parking

Schools

  • Garfield Elementary School
  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Cooling Available
  • Furnace
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Gross Income $26,268

Listing and Financial Details

  • Tenant pays for hot water, water, heat, electricity
  • The owner pays for sewer
  • Assessor Parcel Number 00365000000014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,853

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, Wood, Ceramic Tile
  • Year Built: 1940
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 68/150
  • Location Middle School: Long Branch
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • General Property Info # Parking Spaces: 2.0
  • Unit 1 Electric Meter: Yes
  • Unit 1 Electric Stove3: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Electric Stove2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 1 Furnace: Yes
  • Income Expenses Gross Income2: 26268.0
  • Special Features: None

Interior Features

  • Basement: Dirt Floor
  • Basement: No
  • Total Bedrooms: 2
  • Stories: 2
  • Basement:Dirt Floor: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.23
  • Waterfront: No
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, On Street, None
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 68/150
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 00365000000014
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 3853.0
  • Tax Other Annual Assessment Amount: 196700.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 26268.0

MLS Schools

  • Elementary School: Garfield
  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2025
Sold by
Fusco Luis and Fusco Joseph L
Bought by
Article Iv Trust and Fusco
Total Days on Market
69
Current Estimated Value
$661,113

Purchase Details

Listed on
Nov 30, 2013
Closed on
Apr 1, 2014
Sold by
Britton Timothy
Bought by
Fusco Luis
Seller's Agent
Lina Tavares
EXIT Realty East Coast Shirvanian
Buyer's Agent
Michael Minervini
RE/MAX 1st. Advantage
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%
Original Mortgage
$148,000
Interest Rate
4.33%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2002
Sold by
J Holder Inc
Bought by
Britton Timothy
Source: Public Records

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Range of Values:

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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
Article Iv Trust -- None Listed On Document
Article Iv Trust -- None Listed On Document
Fusco Luis $240,000 Agent For Westcor Land Title
Britton Timothy $112,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fusco Luis $148,000
Previous Owner Britton Timothy $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2014 04/01/14 Sold $240,000 -- $125 / 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 $7,114 $510,500 $237,500 $273,000
2023 $7,114 $458,100 $197,500 $260,600
2022 $6,599 $404,100 $143,700 $260,400
2021 $6,599 $329,800 $108,700 $221,100
2020 $6,594 $315,500 $95,700 $219,800
2019 $6,333 $301,300 $91,700 $209,600
2018 $6,164 $291,600 $89,700 $201,900
2017 $5,890 $285,800 $87,700 $198,100
2016 $5,893 $291,600 $98,700 $192,900
2015 $4,296 $192,900 $71,400 $121,500
2014 $4,156 $196,700 $88,900 $107,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lina Tavares

    EXIT Realty East Coast Shirvanian

    (732) 229-8700

    Section Image

  • M

    Buyer's Agent in 2014

    Michael Minervini

    RE/MAX

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21328742

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00365-0000-00014

New Jersey Monmouth County Long Branch 07740

237 Coleman Ave, Long Branch, NJ

This home is located at 237 Coleman Ave, Long Branch, NJ 07740 since 30 November 2013 and is currently estimated at $661,113, approximately $343 per square foot. This property was built in 1940. 237 Coleman Ave is a home located in Monmouth County with nearby schools including Long Branch High School and Holy Trinity School.

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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