NOT LISTED FOR SALE

388 Sairs Ave Long Branch, NJ 07740

Long Branch Area

Estimated Value: $670,000 - $853,651

4 Beds
2 Baths
1,612 Sq Ft
$483/Sq Ft Est. Value

Sale Details

Date Sold: November 10, 2021

Last sale price $552,000 $342 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,192 / mo

12 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • 1-Story Property

About This Home

As of November 2021

This 2 family, brick ranch is located just 3 blocks to the beach, and so close to NJTransit, Monmouth Medical Ctr, LB Middle School & Monmouth University! Two, 2BR units are mirror image of each other, have gleaming hardwood floors, eat-in kitchens and central air! Partial basement allows for W/D for each unit. Long term tenants would like to stay. With some basic maintenance, make this long-term investment property yours.

Last Agent to Sell the Property

Mary McAllister

Diane Turton, Realtors-Asbury Park Listed on: 09/17/2021

Last Buyer's Agent

Thomas Nicholes

Keller Williams Realty Central Monmouth License #2078520

Keller Williams Realty Central Monmouth

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,487

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 50x125
  • Level Lot

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 1,612 Sq Ft Home
  • 1-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage
  • Common or Shared Parking
  • Paved Parking
  • On-Street Parking
  • Off-Street Parking

Schools

  • Long Branch Middle School

Utilities

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

Listing and Financial Details

  • Exclusions: Tenants Possesions.
  • Tenant pays for heat, gas, electricity
  • The owner pays for yard maintenance, water, snow removal, sewer
  • Assessor Parcel Number 27-00154-0000-00006

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,500
  • Water Sewer Expense $1,200
  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,487

Year Built

Built in 1950

Lot Details

8,756 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Year Built: 1950
  • Contract Info List PriceSqFt: 315.76
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50x125
  • Location Middle School: Long Branch
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • SidingBrick: Yes
  • General Property Info # Parking Spaces: 4.0
  • Unit 1 Washer2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dryer2: Yes
  • Income Expenses Insurance Expense: 1500.0
  • Income Expenses WaterSewer Expense: 1200.0
  • Income Expenses Gross Income2: 36000.0
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1
  • Basement:Partial: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Tenants Possesions.
  • Construction Type: Brick

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Other, Common, Off Street, On Street, None
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes
  • GarageParking:Common: Yes
  • Parking:Paved2: Yes

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 1200.0

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50x125
  • Parcel #: 27-00154-0000-00006

Rental Info

  • Tenant Pays: Heat, Gas, Electricity
  • Owner Pays: Yard Maintenance, Water, Snow Removal, Sewer

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6487.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 36000.0
  • Insurance Expense: 1500.0

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
Sep 17, 2021
Closed on
Nov 9, 2021
Sold by
Bought by
Seller's Agent
Mary McAllister
Diane Turton, Realtors-Asbury Park
Buyer's Agent
Thomas Nicholes
Keller Williams Realty Central Monmouth
List Price
$509,000
Sold Price
$552,000
Premium/Discount to List
$43,000
8.45%
Current Estimated Value
$778,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,163
Avg. Annual Appreciation
7.46%
Original Mortgage
$414,000
Outstanding Balance
$372,724
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$405,439

Purchase Details

Closed on
Dec 14, 2006
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
$234,000
Interest Rate
6.29%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Long Branch, NJ

  • Danielle Farney Real Estate Agent - Berkshire Hathaway HomeServices Fox & Roach - Red Bank

    Danielle Farney

    Berkshire Hathaway HomeServices Fox & Roach - Red Bank

    (848) 294-3619

    39 Total Sales

    1 in Long Branch

    $770,000 Price

    Danielle Farney
     Section Image
  • Heather Hollis-Valdes Real Estate Agent - RE/MAX Synergy

    Heather Hollis-Valdes

    RE/MAX Synergy

    (848) 800-2066

    22 Total Sales

    5 in Long Branch

    $615K - $2.7M Price Range

    Heather Hollis-Valdes
     Section Image
  • Johnny Guan Real Estate Agent - Real Broker, LLC- Fairfield

    Johnny Guan

    Real Broker, LLC- Fairfield

    (877) 455-4631

    84 Total Sales

    1 in Long Branch

    $575,000 Price

    Johnny Guan
     Section Image
  • Terrance Brewer Real Estate Agent - Compass New Jersey , LLC

    Terrance Brewer

    Compass New Jersey , LLC

    (866) 519-8560

    21 Total Sales

    2 in Long Branch

    $375K - $760K Price Range

    Terrance Brewer
     Section Image
  • Diane Traverso Real Estate Agent - Nexus Realty Group NJ, LLC

    Diane Traverso

    Nexus Realty Group NJ, LLC

    (848) 279-9953

    76 Total Sales

    6 in Long Branch

    $739K - $1M Price Range

    Diane Traverso
     Section Image
  • Michele Klug Real Estate Agent - KELLER WILLIAMS TOWNE SQUARE

    Michele Klug

    KELLER WILLIAMS TOWNE SQUARE

    (908) 883-3374

    655 Total Sales

    1 in Long Branch

    $1,227,000 Price

    Michele Klug
     Section Image
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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
$552,000 Main Street Title
$294,000 --
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 $414,000
Previous Owner $234,000
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
11/10/2021 11/10/21 Sold $552,000 +8.4% $342 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/18/2021 09/18/21 For Sale $509,000 -- $316 / 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 $10,979 $795,400 $471,400 $324,000
2025 $10,979 $731,900 $421,400 $310,500
2024 $8,709 $679,200 $396,400 $282,800
2023 $8,709 $560,800 $321,400 $239,400
2022 $6,607 $411,700 $265,300 $146,400
2021 $6,607 $330,200 $193,300 $136,900
2020 $6,487 $310,400 $174,300 $136,100
2019 $6,392 $304,100 $174,300 $129,800
2018 $6,412 $303,300 $178,300 $125,000
2017 $6,037 $292,900 $170,300 $122,600
2016 $5,958 $294,800 $175,300 $119,500
2015 $4,614 $207,200 $88,500 $118,700
2014 $4,611 $218,200 $112,900 $105,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mary McAllister

    Diane Turton, Realtors-Asbury Park

    Section Image

  • T

    Buyer's Agent in 2021

    Thomas Nicholes

    Keller Williams Realty Central Monmouth

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22130873

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00154-0000-00006

New Jersey Monmouth County Long Branch 07740

388 Sairs Ave, Long Branch, NJ

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.

MOREMLS (Monmouth Ocean Regional REALTORS®) 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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