NOT LISTED FOR SALE

297 Hillside Ave Long Branch, NJ 07740

Estimated Value: $507,000 - $650,375

2 Beds
1 Bath
805 Sq Ft
$726/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $455,000 $565 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,748/month

27 Days on Market

Highlights

  • 0.43 Acre Lot
  • Zoned Heating
  • 1-Story Property

About This Home

As of December 2020

Great opportunity to own 2 homes on this deep lot. Front house is 2 bdrm with renovated kitchen w granite, new roof and siding. Second house is 3 bdrms. Both units have central air, washer/dryer, hardwood floors, separate yard and off-street parking. Great location, close to the train station, beaches and shopping. Long term tenants in place. Possible opportunity to expand.

Last Agent to Sell the Property

Carol Vojt

Burke&Manna Real Estate Agency License #8735904 Listed on: 07/09/2020

Last Buyer's Agent

John Samsel

Samsel & Associates Real Estate Services License #0451578

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,850

Year Built

  • Built in 1903

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 70 x 150

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property

Basement

  • Partial Basement
  • Basement Storage

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Zoned Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 27-00194-0000-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,850

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Year Built: 1903
  • General Property Info Waterview: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 70 x 150
  • Location Middle School: Long Branch
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Cooling Single Zone Heat: Yes
  • Basement Shared Storage3: Yes
  • Special Features: None

Interior Features

  • Basement: Partial, Shared Storage
  • Basement: No
  • Stories: 1
  • Basement:Partial: Yes

Exterior Features

  • Acres: 0.43
  • Waterfront: No

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 70 x 150
  • Lot Size Sq Ft: 18730.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00194-0000-00007
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5850.0
  • Tax Other Annual Assessment Amount: 278300.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Dec 28, 2020
Sold by
297 Hillside Properties Llc
Bought by
Garcia Robert
Seller's Agent
Carol Vojt
Burke&Manna Real Estate Agency
Buyer's Agent
John Samsel
Samsel & Associates Real Estate Services
List Price
$449,000
Sold Price
$455,000
Premium/Discount to List
$6,000
1.34%
Total Days on Market
27
Current Estimated Value
$584,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,594
Avg. Annual Appreciation
5.73%
Original Mortgage
$446,758
Outstanding Balance
$402,303
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$182,291

Purchase Details

Listed on
Jul 9, 2020
Closed on
Nov 17, 2020
Sold by
297 Hillside Properties Llc
Bought by
Garcia Robert
Seller's Agent
Carol Vojt
Burke&Manna Real Estate Agency
Buyer's Agent
John Samsel
Samsel & Associates Real Estate Services
List Price
$449,000
Sold Price
$455,000
Premium/Discount to List
$6,000
1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,758
Outstanding Balance
$402,303
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$182,291

Purchase Details

Listed on
May 5, 2017
Closed on
Jun 19, 2017
Sold by
Warga Kathleen
Bought by
297 Hillside Properties L Lc
Seller's Agent
Kevin Guilford
Burke&Manna Real Estate Agency
Buyer's Agent
Simpy Sadana
EXIT Realty East Coast Shirvanian
Sold Price
$289,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%
Original Mortgage
$216,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2011
Sold by
Estate Of Livio Emanuel and Emanuel Aurora
Bought by
Emanuel Aurora

Purchase Details

Closed on
Jun 18, 2005
Sold by
R & A Fashions Inc
Bought by
Emanuel Livio

Purchase Details

Closed on
Sep 14, 1999
Sold by
Martins Luis
Bought by
R&A Fashions Inc
Source: Public Records

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    • 4 Beds
    • 2 Baths
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    Great opportunity to invest in Long Branch! This two family homes has two units, the top floor is a 2 bedroom 1 bath, and the 1st floor has a 1 bedroom 1 bath, which could be converted easily into a 2 bedroom. Both units have long term great tenants in place. Great location with plenty of upside, this 2 family will make a great addition to your portfolio.

    Josh Starner Sackman Realty

    Section Image

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
Garcia Robert $455,000 Belmont Ttl & Setmnt Svcs Ll
Garcia Robert $455,000 Old Republic Title
297 Hillside Properties L Lc $289,000 --
Emanuel Aurora -- None Available
Emanuel Livio -- --
R&A Fashions Inc $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Robert $446,758
Previous Owner Garcia Robert $446,758
Previous Owner 297 Hillside Properties Llc $0
Previous Owner 297 Hillside Properties Llc $216,000
Previous Owner 297 Hillside Properties L Lc --
Previous Owner Warga Kathleen $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $455,000 +1.3% $565 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $449,000 +55.4% $558 / Sq Ft
06/07/2017 06/07/17 Sold $289,000 -- $359 / 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 $7,743 $562,700 $253,900 $308,800
2023 $7,743 $498,600 $203,900 $294,700
2022 $5,953 $401,200 $141,600 $259,600
2021 $5,953 $297,500 $121,600 $175,900
2020 $5,965 $285,400 $110,600 $174,800
2019 $5,850 $278,300 $111,600 $166,700
2018 $5,754 $272,200 $111,600 $160,600
2017 $5,548 $269,200 $111,600 $157,600
2016 $5,459 $270,100 $116,600 $153,500
2015 $5,572 $250,200 $118,500 $131,700
2014 $5,221 $247,100 $130,200 $116,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22022989

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00194-0000-00007