NOT LISTED FOR SALE

247 Cedar Ave Unit COTTAGE Long Branch, NJ 07740

Estimated Value: $2,982,000 - $3,267,000

3 Beds
1.5 Baths
-- Sq Ft
1.21 Acres

Highlights

  • Furnished
  • Cottage
  • Forced Air Heating and Cooling System
  • Great Room
  • Laundry Room
  • Dining Room

About This Home

As of July 2023

Come spend the summer in this 3 bedroom 1.5 bath cottage on The Cedars & Beeches property, a 19th century Victorian Mansion located just a few blocks to the beach, restaurants and Monmouth University. Located in the heart of the very popular West End section of town. Close to Monmouth Medical center, Pier Village and houses of worship. Only an hour by train or ferry from NYC, 45 minutes to Newark Airport. Easy access from all highways including the Garden State Parkway exit 105. Can be rented for the entire summer, per month, weekly or short term.

Last Agent to Rent the Property

Chris Katz

RE/MAX Synergy Listed on: 05/15/2023

Last Renter's Agent

Rena Franco

Avenue Realty NJ License #2297581

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,194

Year Built

  • 1900

Lot Details

  • 1.21

Parking

  • No Garage

Home Design

  • Cottage

Interior Spaces

  • 2-Story Property
  • Furnished
  • Great Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Long Branch Middle School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,000
  • Property Available on 5/15/23
  • Month-to-Month Lease Term
  • Short Term Lease
  • Weekly Lease Term
  • Assessor Parcel Number 27-00099-0000-00005-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,194

Year Built

1900

Lot Details

0

Rental Info

  • Furnished: Yes
  • Available Date: 2023-05-15

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Cottage/Bungalow
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Long Branch
  • Cooling Central Air: Yes
  • Rooms Laundry: Yes
  • WaterSewer Public Water: Yes
  • Garage None4: Yes
  • Contract Info Available Date: 2023-05-15
  • Maintenance Fees Security Deposit3: 3000.0
  • Style CottageBungalow: Yes
  • Furnished Yes: Yes
  • Lease Terms Weekly: Yes
  • Lease Terms Month to Month: Yes
  • Lease Terms Short Term: Yes
  • Special Features: None
  • Year Built (Public Record): 1900

Interior Features

  • Basement: Other
  • Basement: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 9
  • Stories: 2
  • Stories: 2
  • Other Rooms:Dining Room: Yes
  • BasementOther: Yes
  • Other Rooms:Great Room: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Parcel #: 27-00099-0000-00005-01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2023
Sold by
Cedars & Beeches Llc
Bought by
Cedars And Beaches Llc
Current Estimated Value
$3,124,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,520,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 1997
Sold by
Thomas Arnold Llc
Bought by
Cedar & Beeches Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 1997
Sold by
Charella David
Bought by
Arnold Thomas
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
Cedars And Beaches Llc $3,150,000 Westcor Land Title
Cedars And Beaches Llc $3,150,000 Westcor Land Title
Cedar & Beeches Llc $600,000 --
Arnold Thomas $240,000 --
Thomas Arnold Llc $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cedars And Beaches Llc $2,520,000
Previous Owner Cedar & Beeches Llc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2023 07/26/23 Rented $10,000 0.0% --
07/03/2023 07/03/23 Under Contract -- -- --
06/20/2023 06/20/23 Price Changed $10,000 -66.7% --
05/15/2023 05/15/23 For Rent $30,000 -- --
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 $39,194 $2,600,000 $685,300 $1,914,700
2024 $28,193 $2,550,000 $655,200 $1,894,800
2023 $28,193 $1,815,400 $385,000 $1,430,400
2022 $30,757 $1,650,400 $385,000 $1,265,400
2021 $30,757 $1,537,100 $385,000 $1,152,100
2020 $31,057 $1,486,000 $385,000 $1,101,000
2019 $31,049 $1,477,100 $385,000 $1,092,100
2018 $31,086 $1,470,500 $385,000 $1,085,500
2017 $29,806 $1,446,200 $364,000 $1,082,200
2016 $28,856 $1,427,800 $350,000 $1,077,800
2015 $29,969 $1,345,700 $284,400 $1,061,300
2014 $30,507 $1,443,800 $400,500 $1,043,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2023

    Chris Katz

    RE/MAX

  • R

    Tenant's Agent in 2023

    Rena Franco

    Avenue Realty NJ

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22312969

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00099-0000-00005-01

New Jersey Monmouth County Long Branch 07740

247 Cedar Ave Unit COTTAGE, Long Branch, NJ

This home is located at 247 Cedar Ave Unit COTTAGE, Long Branch, NJ 07740 since 15 May 2023 and is currently priced at $3,124,500. This property was built in 1900. 247 Cedar Ave Unit COTTAGE is a home located in Monmouth County with nearby schools including Long Branch High School, Bet Yaakov of the Jersey Shore, 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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