40 Lippincott Ave Long Branch, NJ 07740
Estimated Value: $725,399 - $848,000
4
Beds
2
Baths
2,080
Sq Ft
$379/Sq Ft
Est. Value
Highlights
- Attic
- Baseboard Heating
- Level Lot
- Multiple cooling system units
About This Home
As of June 2023This property is an excellent investment opportunity or a great primary residence with a rental unit. Its location is unbeatable, as it is only a mile away from the beach, and it's conveniently located right off Broadway, where you can find plenty of shops and restaurants. The property features spacious rooms that can be easily divided into three or more bedrooms, making it a versatile space. Additionally, it has a walk-up attic and an exterior access basement, providing ample storage and potential living space.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Fox & Roach - Holmdel License #1431101 Listed on: 04/17/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,412
Year Built
- Built in 1910
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50 x 150
- Level Lot
Home Design
- Duplex
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,080 Sq Ft Home
- 2-Story Property
- Walkup Attic
- Stove
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Basement
- Walk-Out Basement
- Basement Storage
Parking
- No Garage
- Paved Parking
- Off-Street Parking
Schools
- Gregory Elementary School
- Long Branch Middle School
- Long Branch High School
Utilities
- Multiple cooling system units
- Heating System Uses Natural Gas
- Furnace
- Baseboard Heating
- Separate Meters
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Exclusions: Tenants' beloings
- Assessor Parcel Number 27-00267-0000-00025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2023
Closed on
Jun 22, 2023
Sold by
Choi Richard Jae Thak
Bought by
Alvarez Cecilia Azucena
Seller's Agent
Sunny Lo
Berkshire Hathaway HomeServices Fox & Roach - Holmdel
Buyer's Agent
Manuel Dominguez
RE/MAX Synergy
List Price
$675,000
Sold Price
$675,000
Views
109
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,600
Avg. Annual Appreciation
8.05%
Original Mortgage
$662,774
Outstanding Balance
$649,901
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
$138,699
Purchase Details
Closed on
Jul 15, 2004
Sold by
Hoover Maria
Bought by
Choi Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.28%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 19, 1995
Sold by
D & Sons Construction
Bought by
Hoover Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.33%
Mortgage Type
Commercial
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479 Hampton Ave in Long Branch, NJ, is a beautifully maintained multi-family property located just 5 minutes from the beach and 7 blocks to NJ Transit with NYC trains . This charming home features a brand new roof and sits on a quiet, tree-lined street, offering a peaceful and serene atmosphere. The property is an ideal investment or place to call home. Its proximity to the beach allows for easy
JINET VENTURA WEICHERT REALTORS
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alvarez Cecilia Azucena | $675,000 | First American Title | |
| Choi Richard | $330,000 | -- | |
| Hoover Maria | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alvarez Cecilia Azucena | $662,774 | |
| Previous Owner | Choi Richard Jae Thak | $200,000 | |
| Previous Owner | Choi Richard | $247,500 | |
| Previous Owner | Hoover Maria | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2023 06/27/23 | Sold | $675,000 | 0.0% | $325 / Sq Ft |
| 05/11/2023 05/11/23 | Pending | -- | -- | -- |
| 04/17/2023 04/17/23 | For Sale | $675,000 | -- | $325 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $6,386 | $669,000 | $113,800 | $555,200 |
| 2023 | $6,386 | $411,200 | $103,800 | $307,400 |
| 2022 | $6,053 | $357,600 | $86,800 | $270,800 |
| 2021 | $6,053 | $302,500 | $71,800 | $230,700 |
| 2020 | $6,230 | $298,100 | $68,800 | $229,300 |
| 2019 | $6,043 | $287,500 | $68,800 | $218,700 |
| 2018 | $5,909 | $279,500 | $68,800 | $210,700 |
| 2017 | $5,678 | $275,500 | $68,800 | $206,700 |
| 2016 | $5,661 | $280,100 | $78,800 | $201,300 |
| 2015 | $5,262 | $236,300 | $85,300 | $151,000 |
| 2014 | $4,982 | $235,800 | $101,800 | $134,000 |
Source: Public Records
Agents Affiliated with this Home
-
Sunny Lo
Seller's Agent in 2023
Sunny Lo
BHHS Fox & Roach
(732) 788-5453
6 in this area
17 Total Sales
-
Manuel Dominguez
Buyer's Agent in 2023
Manuel Dominguez
RE/MAX
(732) 795-9500
4 in this area
19 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22309941
APN: 27-00267-0000-00025
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