NOT LISTED FOR SALE

316 Monmouth Rd West Long Branch, NJ 07764

Estimated Value: $1,215,000 - $1,434,000

7 Beds
4 Baths
2,716 Sq Ft
$495/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $952,000 $351 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $8,569/month

17 Days on Market

Highlights

  • 0.79 Acre Lot
  • Heating System Uses Natural Gas
  • 2-minute walk to Frank "Clint" Sorrentino Park
  • 2 Car Garage

About This Home

As of November 2021

TWO GREAT HOMES on a 3/4 of an acre picturesque property...History, Charm and Privacy galore on a beautiful property separated by a 70 ft. driveway. Front home vacant , while charming historic rear home has tenants residing in the home. Front home has 4 bedrooms 2 baths, basement, sun room and large back patio. Back house boasts three bedrooms, two baths, back deck overlooking picturesque private back yard. Live in front home and rent out back or make this your family compound! Plenty of land to have an inground pool installed. Truly a unique property! Perfect as an investment property or ideal for a large family compound. Property has a large storage shed/garage and a well. Houses both circa 1874 using city water. Home is minutes from the beach, houses of worship, shopping, restaurants, and Monmouth Park Racetrack and Monmouth U and major highways. Seller has already done Home Inspections on both houses and will be provided to interested potential buyers, as well as the survey and other pertinent info.

Last Agent to Sell the Property

Carol Zocco

Rosario Realty Inc License #8936342 Listed on: 07/23/2021

Last Buyer's Agent

Carol Zocco

Rosario Realty Inc License #8936342 Listed on: 07/23/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,894

Year Built

  • Built in 1900

Lot Details

  • 0.79 Acre Lot
  • Lot Dimensions are 138 x 250

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Frank Antonides Middle School
  • Shore Reg High School

Utilities

  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants personal items
  • Assessor Parcel Number 53-00019-0000-00036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,894

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Year Built: 1900
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 138 x 250
  • Location Middle School: Frank Antonides
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 2 Washer Hookup2: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Stories: 2
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Acres: 0.79
  • Waterfront: No
  • Exclusions: Tenants personal items

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

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

Schools

  • Middle Or Junior School: Frank Antonides

Lot Info

  • Lot Dimensions: 138 x 250
  • Lot Size Sq Ft: 34412.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 53-00019-0000-00036
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11894.0
  • Tax Other Annual Assessment Amount: 578800.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Shore Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Dec 8, 2021
Sold by
Hansen Jon K and Acheson Elizabeth Hansen
Bought by
Eddi Ely
Seller's Agent
Carol Zocco
Rosario Realty Inc
Buyer's Agent
Carol Zocco
Rosario Realty Inc
List Price
$999,999
Sold Price
$952,000
Premium/Discount to List
-$47,999
-4.8%
Current Estimated Value
$1,343,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,318
Avg. Annual Appreciation
9.81%
Original Mortgage
$761,600
Outstanding Balance
$707,453
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$635,865

Purchase Details

Closed on
Dec 11, 2013
Sold by
Hansen Grethe
Bought by
Hansen Jon K and Acheson Elizabeth Hansen

Purchase Details

Closed on
Aug 7, 2002
Sold by
Finn Bernhardsen
Bought by
State Of New Jersey
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
Eddi Ely $952,000 Scott Title Services Llc
Hansen Jon K -- None Available
State Of New Jersey $12,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eddi Ely $761,600
Previous Owner Bernhardsen Finn $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $952,000 -4.8% $351 / Sq Ft
07/23/2021 07/23/21 For Sale $999,999 0.0% $368 / Sq Ft
09/06/2016 09/06/16 Rented $2,400 0.0% --
03/01/2016 03/01/16 Rented $2,400 +14.3% --
08/15/2013 08/15/13 Rented $2,100 -- --
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 $13,794 $1,147,300 $520,700 $626,600
2023 $13,794 $987,400 $386,400 $601,000
2022 $12,328 $804,700 $282,100 $522,600
2021 $12,328 $637,800 $222,800 $415,000
2020 $11,894 $578,800 $173,200 $405,600
2019 $11,673 $571,100 $167,800 $403,300
2018 $11,742 $554,900 $170,400 $384,500
2017 $12,146 $548,100 $170,400 $377,700
2016 $11,503 $529,600 $161,400 $368,200
2015 $11,312 $520,100 $161,400 $358,700
2014 $11,484 $503,400 $161,400 $342,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22123682

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 53-00019-0000-00036