NOT LISTED FOR SALE

254 7th Ave Long Branch, NJ 07740

Estimated Value: $504,000 - $696,000

4 Beds
2 Baths
2,464 Sq Ft
$245/Sq Ft Est. Value

Last Sold August 26, 2019

Last sale price $291,000 $118 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,943/month

8 Days on Market

Highlights

  • 0.34 Acre Lot
  • Screened Porch
  • Storm Doors
  • Wood Flooring
  • Air Conditioning
  • Level Lot

About This Home

As of August 2019

Priced to sell is this multi-family home just a short distance to the beach and Pier Village. Great investment property with many pssibilities. Obtain approvals to repair both 2 bedroom units or subdivide lot and build new. Hurry will not last!!

Last Agent to Sell the Property

Richard Shirvanian

EXIT Realty East Coast Shirvanian License #9331863 Listed on: 07/29/2019

EXIT Realty East Coast Shirvanian

Last Buyer's Agent

Richard Shirvanian

EXIT Realty East Coast Shirvanian

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,659

Year Built

  • Built in 1930

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100 x 150
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Duplex
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,464 Sq Ft Home
  • 2-Story Property
  • Screened Porch
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Walkup Attic
  • Storm Doors
  • Stove
  • Washer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 27-00365-0000-00010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,659

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Wood
  • Reso Interior Features: Attic - Walk Up, Cable TV
  • Year Built: 1930
  • 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: 100 x 150
  • Location Middle School: Long Branch
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • SidingAluminum: Yes
  • General Property Info Handicap Access: No
  • Exterior Storm Door(s): Yes
  • Exterior Porch - Screened: Yes
  • Interior Attic - Walk Up: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Washer2: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes
  • Features Interior:Cable TV: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.34
  • Waterfront: No
  • Exclusions: None
  • Construction Type: Aluminum Siding
  • Exterior Features: Porch - Screened, Storm Door(s)

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved
  • General Property Info:Garage: No
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 100 x 150
  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00365-0000-00010
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7659.0
  • Tax Other Annual Assessment Amount: 362300.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2020
Sold by
I & E Real Estate Llc
Bought by
Choresh Idan Y
Current Estimated Value
$604,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Outstanding Balance
$379,969
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$324,690

Purchase Details

Listed on
Jul 29, 2019
Closed on
Sep 17, 2019
Sold by
Wilmington Savings Fund Society
Bought by
I & E Real Estate Llc
Seller's Agent
Richard Shirvanian
EXIT Realty East Coast Shirvanian
Buyer's Agent
Richard Shirvanian
EXIT Realty East Coast Shirvanian
Sold Price
$291,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.63%
Original Mortgage
$338,700
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 12, 2018
Sold by
Monmouth County Sheriff
Bought by
Wilmington Savings Fund Society Fsb

Purchase Details

Closed on
Sep 26, 2012
Sold by
Steward Delphine
Bought by
Schwartz Helen

Purchase Details

Closed on
Apr 8, 2011
Sold by
Schwartz Choyce H and Schwartz Helen D
Bought by
Schwartz Choyce H and Schwartz Helen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.82%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Choresh Idan Y -- All Ahead Title
Choresh Idan Y -- All Ahead Title
I & E Real Estate Llc $291,000 None Available
Wilmington Savings Fund Society -- None Available
Wilmington Savings Fund Society Fsb $7,459 None Available
Schwartz Helen -- None Available
Schwartz Choyce H -- Stewart Title Guaranty Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choresh Idan Y $427,000
Closed Choresh Idan Y $427,000
Previous Owner I & E Real Estate Llc $338,700
Previous Owner Schwartz Choyce H $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2019 08/26/19 Sold $291,000 -- $118 / 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 $9,013 $639,100 $270,100 $369,000
2024 $8,248 $586,400 $250,100 $336,300
2023 $8,248 $531,100 $210,100 $321,000
2022 $8,128 $465,000 $154,300 $310,700
2021 $8,128 $406,200 $119,300 $286,900
2020 $8,182 $391,500 $106,300 $285,200
2019 $7,866 $374,200 $102,300 $271,900
2018 $7,659 $362,300 $100,300 $262,000
2017 $8,603 $417,400 $98,300 $319,100
2016 $8,490 $420,100 $109,300 $310,800
2015 $5,539 $248,700 $81,900 $166,800
2014 $5,232 $247,600 $99,500 $148,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21931074

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00365-0000-00010