305 Hillside Ave Long Branch, NJ 07740
Estimated Value: $514,000 - $597,000
3
Beds
3
Baths
1,294
Sq Ft
$441/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Thermal Windows
- Level Lot
- Attic
- Patio
- Heating System Uses Natural Gas
About This Home
As of January 2021Wonderful Two-Family investment property in Long Branch! Property has Unit 2 a one-bedroom unit that rents for $1100.00 and Unit 1 a two-bedroom unit that has rented for $1500.00. Rents are probably under market w/Unit 1 having a heated basement with full bathroom in addition to space upstairs. Both units have been renovated with nice kitchens and upgraded bathrooms. Location is premier between Chelsea & N Bath Avenue only a short distance from Long Branch Train Station, Monmouth Medical Center, Pier Village & Long Branch's wonderful Beaches! All utilities are separate, and landlord pays only the sewer. Possible expansion, lovely patio & yard plus newly sided & painted this investment property is well worth a look!
Last Agent to Sell the Property
Corcoran Baer & McIntosh License #0560105 Listed on: 11/03/2020
Co-Listed By
Robert Kowsaluk
Woodward Realty Group
Last Buyer's Agent
Gary Mawson
Keller Williams Realty West Monmouth
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,835
Year Built
- Built in 1904
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50 x 150
- Level Lot
Home Design
- Duplex
- Shingle Roof
- Vinyl Siding
- Stucco Exterior
Interior Spaces
- 1-Story Property
- Thermal Windows
- Window Screens
- Walkup Attic
- Stove
- Washer and Dryer Hookup
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Partially Finished Basement
- Heated Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Parking
- No Garage
- On-Street Parking
Outdoor Features
- Patio
- Exterior Lighting
Schools
- Long Branch Middle School
- Long Branch High School
Utilities
- Heating System Uses Natural Gas
- Furnace
- Separate Meters
- Separate Water Meter
- Natural Gas Water Heater
Listing and Financial Details
- Exclusions: Tenants Personal Property
- Tenant pays for hot water, yard maintenance, water, snow removal, heat, gas, electricity
- The owner pays for sewer, garbage removal
- Assessor Parcel Number 27-00194-0000-00023-01
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $950
- Water Sewer Expense $672
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2020
Closed on
Jan 8, 2021
Sold by
Morais Fernando O and Morais Rita C
Bought by
Dacruz Thiago
Seller's Agent
Terry Kowsaluk
Corcoran Baer & McIntosh
Buyer's Agent
Gary Mawson
Keller Williams Realty West Monmouth
List Price
$389,900
Sold Price
$365,000
Premium/Discount to List
-$24,900
-6.39%
Total Days on Market
111
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,654
Avg. Annual Appreciation
10.64%
Original Mortgage
$358,388
Outstanding Balance
$322,932
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$247,722
Purchase Details
Listed on
Oct 27, 2017
Closed on
Dec 20, 2017
Sold by
Hud
Bought by
Morais Fernando O and Morais Rita C
Seller's Agent
Sandra Nixon
Eversand Realty Group
Buyer's Agent
Terry Kowsaluk
Corcoran Baer & McIntosh
Sold Price
$181,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.76%
Purchase Details
Closed on
Jun 30, 2016
Sold by
Ever Bank
Bought by
Hud
Purchase Details
Closed on
Apr 11, 2014
Sold by
Secretary Of Hud
Bought by
Everhome Mortgage
Purchase Details
Closed on
Oct 24, 2012
Sold by
Serrano David and Serrano Tamara
Bought by
Everhome Mortgage
Purchase Details
Closed on
Aug 31, 2007
Sold by
Serrano David and Serrano Tamara
Bought by
Serrano David and Serrano Tamara
Similar Homes in Long Branch, NJ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dacruz Thiago | $365,000 | Green Label Title | |
| Morais Fernando O | -- | Stewart Title | |
| Hud | -- | -- | |
| Everhome Mortgage | -- | None Available | |
| Everhome Mortgage | -- | None Available | |
| Serrano David | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dacruz Thiago | $358,388 | |
| Closed | Dacruz Thiago | $358,388 | |
| Previous Owner | Serrano David | $323,023 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/11/2021 01/11/21 | Sold | $365,000 | -6.4% | $282 / Sq Ft |
| 12/04/2020 12/04/20 | Pending | -- | -- | -- |
| 10/10/2020 10/10/20 | For Sale | $389,900 | 0.0% | $301 / Sq Ft |
| 09/04/2020 09/04/20 | Pending | -- | -- | -- |
| 08/14/2020 08/14/20 | For Sale | $389,900 | +115.4% | $301 / Sq Ft |
| 12/20/2017 12/20/17 | Sold | $181,000 | -- | $134 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $7,155 | $554,600 | $227,600 | $327,000 |
| 2023 | $7,155 | $460,700 | $177,600 | $283,100 |
| 2022 | $4,956 | $369,000 | $119,600 | $249,400 |
| 2021 | $4,930 | $247,700 | $99,600 | $148,100 |
| 2020 | $4,930 | $235,900 | $88,600 | $147,300 |
| 2019 | $4,835 | $230,000 | $89,600 | $140,400 |
| 2018 | $4,754 | $224,900 | $89,600 | $135,300 |
| 2017 | $4,582 | $222,300 | $89,600 | $132,700 |
| 2016 | $4,525 | $223,900 | $94,600 | $129,300 |
| 2015 | $4,864 | $218,400 | $96,500 | $121,900 |
| 2014 | $4,573 | $216,400 | $108,200 | $108,200 |
Source: Public Records
Agents Affiliated with this Home
-
Terry Kowsaluk
T
Seller's Agent in 2021
Terry Kowsaluk
Corcoran Baer & McIntosh
(732) 859-6596
2 in this area
21 Total Sales
-
R
Seller Co-Listing Agent in 2021
Robert Kowsaluk
Woodward Realty Group
-
G
Buyer's Agent in 2021
Gary Mawson
Keller Williams Realty West Monmouth
-
S
Seller's Agent in 2017
Sandra Nixon
Eversand Realty Group
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22028446
APN: 27-00194-0000-00023-01
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Information is deemed reliable but not guaranteed.
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