NOT LISTED FOR SALE

316 Cedar Ave Long Branch, NJ 07740

Estimated Value: $962,000 - $1,358,000

3 Beds
2 Baths
1,380 Sq Ft
$828/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $430,000 $312 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $7,124/month

Highlights

  • New Kitchen
  • Wood Flooring
  • Eat-In Kitchen
  • Cape Cod Architecture
  • Double-Wide Driveway
  • Patio

About This Home

As of June 2020

Amazing SUMMER RENTAL in Elberon! Stop looking and book this one it doesn't get better. Clean 3 bedrooms, 2 baths, huge yard, updated baths and kitchen, all new hardwood floors, AC and too much to say. Walking distance to beach, park, shopping and houses of worship. Will not last!

Last Agent to Rent the Property

Sabrina Sasson

Town & Country Real Estate Consultants License #2076688 Listed on: 05/14/2020

Last Renter's Agent

Dena Erani

Meyer Edery Real Estate Agency INC. License #1757738

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,476

Year Built

  • Built in 1952

Lot Details

  • 0.29 Acre Lot
  • Fenced

Home Design

  • Cape Cod Architecture

Kitchen

  • New Kitchen
  • Eat-In Kitchen

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Primary Bathroom Bathtub Only
  • Primary Bathroom includes a Walk-In Shower

Parking

  • No Garage
  • Double-Wide Driveway

Schools

  • Long Branch Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • 2-Story Property
  • Patio
  • Basement

Listing and Financial Details

  • Security Deposit $2,000
  • Assessor Parcel Number 27-00071-0000-00011

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,476

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Cape Cod
  • Year Built: 1952
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Acreage: 0.29
  • Location Middle School: Long Branch
  • Kitchen Newer: Yes
  • Cooling Central Air: Yes
  • ExteriorFence: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Kitchen Eat-In: Yes
  • Maintenance Fees Security Deposit3: 2000.0
  • Lease Requirements Security Deposit4: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Dining Room Floor - Wood Floor: Yes
  • Parking Double Wide: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2
  • BasementOther: Yes
  • Primary Bedroom Floor - Wood8: Yes
  • Primary Bath Shower Stall2: Yes
  • Primary Bath Tub2: Yes
  • Primary Bedroom Full Bath2: Yes

Exterior Features

  • Acres: 0.29
  • Waterfront: No
  • Exterior Features: Fence, Patio

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Driveway, None, Double Wide
  • General Property Info:Garage: No
  • Parking Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Size Sq Ft: 12632.4
  • Parcel #: 27-00071-0000-00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2018
Closed on
Oct 29, 2018
Sold by
Jacob Antonio F and Weber Micahel
Bought by
Peretz Gabriell and Sasson Renee
Seller's Agent
Josephine Wilson
Keller Williams Realty Monmouth/Ocean
Buyer's Agent
Josephine Wilson
Keller Williams Realty West Monmouth
Sold Price
$430,000
Current Estimated Value
$1,143,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$713,119
Avg. Annual Appreciation
15.13%
Original Mortgage
$344,000
Outstanding Balance
$217,902
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$925,217

Purchase Details

Closed on
Jun 29, 1994
Sold by
Arnold Wayne
Bought by
Jacob Antonio and Jacob Odette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
8.51%

Purchase Details

Closed on
Jan 12, 1994
Sold by
Federal National Mortgage Association
Bought by
Arnold Wayne and Arnold Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.9%
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
Peretz Gabriell $430,000 Old Republic National Title
Jacob Antonio $94,000 --
Arnold Wayne $68,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peretz Gabriell $344,000
Previous Owner Jacob Antonio $89,000
Previous Owner Arnold Wayne $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2020 06/16/20 Rented $20,000 0.0% --
05/20/2020 05/20/20 Under Contract -- -- --
05/14/2020 05/14/20 For Rent $20,000 0.0% --
10/30/2018 10/30/18 Sold $430,000 0.0% $312 / Sq Ft View Prior Sale
09/05/2017 09/05/17 Rented $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 $12,476 $971,900 $639,000 $332,900
2024 $11,793 $811,700 $493,300 $318,400
2023 $11,793 $759,400 $461,800 $297,600
2022 $10,239 $582,700 $320,500 $262,200
2021 $10,239 $511,700 $266,500 $245,200
2020 $9,819 $469,800 $226,000 $243,800
2019 $8,500 $404,400 $172,000 $232,400
2018 $7,050 $333,500 $163,000 $170,500
2017 $6,678 $324,000 $156,700 $167,300
2016 $6,679 $330,500 $167,500 $163,000
2015 $6,759 $303,500 $127,900 $175,600
2014 $7,098 $335,900 $180,100 $155,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22015125

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00071-0000-00011