Jackie Mery
O'Brien Realty, LLC
(610) 981-2338
21 Total Sales
1 in Long Branch
$689,000 Price
35-39 2nd Ave Long Branch, NJ 07740
Long Branch Area
19
Beds
13
Baths
7,782
Sq Ft
0.28
Acre Lot
About This Home
As of October 2024Welcome to your prime investment opportunity in Long Branch! This 12-family property, just blocks from the beach, offers a lucrative income stream in a booming neighborhood bursting with potential. Boasting 19 bedrooms in total, this income-producing gem promises not only a steady cash flow but also the prospect of future appreciation. Seize the chance to capitalize on the growing appeal of this coastal community, where sun, sand, and smart investments converge. Don't miss out on this golden opportunity to ride the wave of success in Long Branch's flourishing real estate market.
Last Agent to Sell the Property
American Homes Group Brokerage Phone: 732-539-8801 License #2076694 Listed on: 07/08/2024
Last Buyer's Agent
Michael Mizrahi
Weichert Realtors
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,180
Year Built
- Built in 1910
Lot Details
- 12,197 Sq Ft Lot
- Lot Dimensions are 88 x 137
Interior Spaces
- 7,782 Sq Ft Home
- 2-Story Property
- Basement
- Crawl Space
Bedrooms and Bathrooms
- 19 Bedrooms
- 13 Full Bathrooms
Parking
- 12 Parking Spaces
- Paved Parking
Schools
- Long Branch Middle School
Utilities
- Cooling Available
- Baseboard Heating
- Natural Gas Water Heater
Listing and Financial Details
- Tenant pays for gas, electricity
- The owner pays for grounds care, water, snow removal, sewer
- Assessor Parcel Number 27-00287-0000-00008
Community Details
Overview
- 12 Units
Building Details
- Fuel Expense $101
- Insurance Expense $14,975
- Water Sewer Expense $15,405
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2024
Closed on
Nov 12, 2024
Sold by
Bought by
Seller's Agent
Michael Mizrahi
American Homes Group
Buyer's Agent
Michael Mizrahi
American Homes Group
List Price
$3,300,000
Sold Price
$2,860,000
Premium/Discount to List
-$440,000
-13.33%
Views
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,280,000
Interest Rate
6.08%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 13, 2021
Sold by
Bought by
Purchase Details
Closed on
Dec 23, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
4.02%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 1, 2010
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Long Branch, NJ
-
Jackie Mery
-
Allegra Cojab
Allegra Cojab
VRI Homes
(848) 272-7503
60 Total Sales
12 in Long Branch
$235K - $1.7M Price Range
-
Theodore Rosenblatt
Theodore Rosenblatt
WEICHERT CO REALTORS
(908) 402-0858
22 Total Sales
1 in Long Branch
$345,000 Price
-
Lara Krall
Lara Krall
Bottone Realty Group Inc
(973) 214-7292
77 Total Sales
1 in Long Branch
$675,000 Price
-
Bob Layton
Bob Layton
Burke&Manna Real Estate Agency
(848) 400-4230
35 Total Sales
1 in Long Branch
$380,000 Price
-
Erin Ryan
Erin Ryan
Real Broker, LLC- Fairfield
(848) 400-4415
38 Total Sales
2 in Long Branch
$312K - $470K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,917,200 | Two Rivers Title | ||
| $1,570,000 | Rally Point Title Agency Llc | ||
| $975,000 | Riverside Abstract Llc | ||
| $488,500 | Cta Title Services Llc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,349,000 | ||
| Closed | $2,280,000 | ||
| Previous Owner | $682,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/29/2024 10/29/24 | Sold | $2,860,000 | -13.3% | $368 / Sq Ft |
| 09/03/2024 09/03/24 | Pending | -- | -- | -- |
| 07/08/2024 07/08/24 | For Sale | $3,300,000 | -- | $424 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $26,000 | $2,010,700 | $955,700 | $1,055,000 |
| 2025 | $26,000 | $1,733,300 | $943,700 | $789,600 |
| 2024 | $19,180 | $1,490,600 | $913,700 | $576,900 |
| 2023 | $19,180 | $1,235,000 | $688,000 | $547,000 |
| 2022 | $22,291 | $1,126,300 | $688,000 | $438,300 |
| 2021 | $22,291 | $1,114,000 | $688,000 | $426,000 |
| 2020 | $22,284 | $1,066,200 | $688,000 | $378,200 |
| 2019 | $21,524 | $1,024,000 | $688,000 | $336,000 |
| 2018 | $21,060 | $996,200 | $688,000 | $308,200 |
| 2017 | $20,138 | $977,100 | $672,000 | $305,100 |
| 2016 | $19,020 | $941,100 | $640,000 | $301,100 |
| 2015 | $13,282 | $596,400 | $420,000 | $176,400 |
| 2014 | $12,391 | $586,400 | $420,000 | $166,400 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Mizrahi
Seller's Agent in 2024
Michael Mizrahi
American Homes Group
(732) 539-8801
98 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22419155
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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