$850,000
SOLD JUL 18, 2025

399 Broadway Long Branch, NJ 07740

6 Beds
3 Baths
2,634 Sq Ft
0.27 Acres

Recently Sold

$323 Per Sq Ft

15% Below List Price

160 Days on Market

Highlights

  • Air Conditioning
  • Zoned Heating
  • 2 Car Garage

About This Home

As of July 2025

Investment 0pportunity Alert! Lovely downtown Long Branch PRESENTLY A 3 family home available for sale! AS IS SALE , upper 3 bedroom 1 bath unit is currently Vacant and listed for rent! OWNER NOW IS PAINTING THE VACANT UNIT AND WILL REPLACE THE RANGE FOR NEW TENANT'S PRIOR TO THEIR MOVE-IN , it can also be available for the owner to occupy and continue to earn the income from the both already rented units - front 2 bedroom unit and the rear 1 bedroom unit! both occupied with long time good paying tenants! One has been there now 22 years! THIS IS A C-2 ZONE ... CAN BUY AS -IS AND HAVE BUSINESS ON LOWER LEVEL AND POTENTIALLY WITH TOWN APPROVALS HAVE APPARTMENTS UPSTAIRS!

Last Agent to Sell the Property

Milo Sutton

G & G Agency Inc License #0458608 Listed on: 12/18/2024

Last Buyer's Agent

Milo Sutton

G & G Agency Inc License #0458608 Listed on: 12/18/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,317

Year Built

  • Built in 1907

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 65 x 184

Parking

  • 2 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,634 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

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

Schools

  • Long Branch Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Zoned Heating
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 27-00265-0000-00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,317

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1907
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 65 x 184
  • Location Middle School: Long Branch
  • Water Heater Electric2: Yes
  • Water Heater Natural Gas2: Yes
  • Cooling Multi Units: Yes
  • Unit 1 AC Unit: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Stories: 2
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Acres: 0.27
  • Waterfront: No
  • Exclusions: personal property

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: 3+ Zoned Heat
  • HeatingYN: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 65 x 184
  • Lot Size Sq Ft: 11761.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00265-0000-00004

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10317.0
  • Tax Other Annual Assessment Amount: 782400.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
Jul 9, 2025
Sold by
Faena Raymond and Fayena Raymond
Bought by
168-176 Chelsea Ave Llc
Seller's Agent
Milo Sutton
G & G Agency Inc
Buyer's Agent
Milo Sutton
G & G Agency Inc
List Price
$999,999
Sold Price
$850,000
Premium/Discount to List
-$149,999
-15%
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.01%
Original Mortgage
$618,750
Outstanding Balance
$617,731
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$252,538

Purchase Details

Listed on
Jul 7, 2023
Closed on
Oct 11, 2023
Sold by
Bolos Emmanuel
Bought by
Faena Raymond
Seller's Agent
Fran Judas
Coldwell Banker Realty
Buyer's Agent
Milo Sutton
G & G Agency Inc
List Price
$780,000
Sold Price
$800,000
Premium/Discount to List
$20,000
2.56%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%
Original Mortgage
$600,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2021
Sold by
Bolos Emmanuel V and Bolos Manolita
Bought by
Emmanuel Bolos And Manolita Bolos Revocable L

Purchase Details

Closed on
Aug 8, 2019
Sold by
Bolos Emmanuel V
Bought by
Bolos Emmanuel V and Bolos Manolita

Purchase Details

Closed on
Feb 13, 2018
Sold by
Bolos Noel J
Bought by
Bolos Emmanuel V

Purchase Details

Closed on
Jul 31, 2002
Sold by
Bolos Emmanuel
Bought by
Bolos Noel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2000
Sold by
Tri Capital Ltd
Bought by
Ortiz Guy

Purchase Details

Closed on
Jun 30, 2000
Sold by
Reis Manuel
Bought by
Tri Capital Ltd

Purchase Details

Closed on
Jun 30, 1998
Sold by
Tri Capital Ltd
Bought by
Ortiz Guy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,565
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 3, 1997
Sold by
Fleet Mtg Corp
Bought by
Reis Manuel and Reis Maria
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 Type Sale Price Title Company
Bargain Sale Deed $825,000 Madison Title Agency
Bargain Sale Deed $825,000 Madison Title Agency
Deed $800,000 Foundation Title
Deed $800,000 Foundation Title
Deed -- Mahoney Dennis M
Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed $200,000 --
Deed $120,000 --
Deed $107,000 --
Deed $120,000 --
Deed $107,000 --
Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $618,750 New Conventional
Closed $618,750 New Conventional
Previous Owner $600,000 New Conventional
Previous Owner $456,000 Commercial
Previous Owner $360,000 Commercial
Previous Owner $160,000 Commercial
Previous Owner $116,565 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Sold $850,000 -13.3% $323 / Sq Ft
05/27/2025 05/27/25 Pending -- -- --
03/27/2025 03/27/25 Price Changed $980,018 -1.0% $372 / Sq Ft
03/11/2025 03/11/25 Price Changed $990,018 -0.7% $376 / Sq Ft
02/09/2025 02/09/25 Price Changed $997,000 -0.2% $379 / Sq Ft
01/31/2025 01/31/25 Price Changed $999,072 -0.1% $379 / Sq Ft
12/18/2024 12/18/24 For Sale $999,999 +25.0% $380 / Sq Ft
10/05/2023 10/05/23 Sold $800,000 +2.6% $304 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $780,000 -- $296 / Sq Ft
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 $12,025 $827,300 $372,400 $454,900
2024 $10,317 $782,400 $271,800 $510,600
2023 $10,317 $664,300 $268,100 $396,200
2022 $11,034 $605,900 $256,800 $349,100
2021 $11,034 $551,400 $253,100 $298,300
2020 $14,450 $691,400 $241,100 $450,300
2019 $13,936 $663,000 $233,600 $429,400
2018 $13,604 $643,500 $229,800 $413,700
2017 $13,085 $634,900 $229,100 $405,800
2016 $12,649 $625,900 $230,600 $395,300
2015 $9,890 $444,100 $252,500 $191,600
2014 $10,603 $501,800 $331,700 $170,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22435352

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00265-0000-00004