NOT LISTED FOR SALE

42 Marine Terrace Long Branch, NJ 07740

Estimated Value: $2,153,000 - $2,389,000

4 Beds
3.5 Baths
800 Sq Ft
$2,817/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $1,575,000 $1,969 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $13,745/month

16 Days on Market

Highlights

  • Water Views
  • Deck
  • Balcony
  • Custom Home
  • No HOA
  • Enclosed Patio or Porch

About This Home

As of May 2021

This home is located at 42 Marine Terrace, Long Branch, NJ 07740 since 06 April 2021 and is currently estimated at $2,253,983, approximately $2,817 per square foot. This property was built in 2017. 42 Marine Terrace is a home located in Monmouth County with nearby schools including Long Branch High School and Holy Trinity School.

Last Agent to Sell the Property

Paul Kiernan

RE/MAX Welcome Home License #0458170 Listed on: 04/06/2021

RE/MAX Welcome Home

Last Buyer's Agent

Paul Kiernan

Murphy Realty Preferred Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,752

Year Built

  • Built in 2017

Lot Details

  • Lot Dimensions are 60x92

Parking

  • 1 Car Attached Garage

Home Design

  • Custom Home
  • Shingle Roof

Interior Spaces

  • 3-Story Property
  • Water Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Long Branch Middle School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 27-00301-0000-00002-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,752

Year Built

Built in 2017

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Architectural Style: Custom
  • Year Built: 2017
  • General Property Info Waterview: Yes
  • General Property Info Basement: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Exterior Balcony2: Yes
  • General Property Info Lot Dimensions: 60x92
  • Location Middle School: Long Branch
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • ExteriorDeck: Yes
  • Exterior BBQ: Yes
  • Cooling 3 Zoned AC: Yes
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 3
  • Basement:None2: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Balcony, BBQ, Deck, Porch - Enclosed, Lighting
  • Features Exterior:Porch Enclosed: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 3+ Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 3+ Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 60x92
  • Parcel #: 27-00301-0000-00002-01

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11752.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
May 3, 2021
Sold by
Pace Joseph and Mittleman Maggi R
Bought by
Aziz Akram and Iskandar Sahar
Seller's Agent
Paul Kiernan
RE/MAX Welcome Home
Buyer's Agent
Paul Kiernan
Murphy Realty Preferred Homes
Sold Price
$1,575,000
Current Estimated Value
$2,253,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$678,983
Avg. Annual Appreciation
8.23%
Original Mortgage
$1,260,000
Outstanding Balance
$1,138,285
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,115,698

Purchase Details

Listed on
Feb 9, 2017
Closed on
Jun 20, 2018
Sold by
Censi Lenny
Bought by
Pace Joseph and Mittleman Maggi R
Seller's Agent
Mary O'Malley-Joyce
Berkshire Hathaway HomeServices Fox & Roach - Rumson
Buyer's Agent
Mary O'Malley-Joyce
Weichert Realtors-Rumson
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.12%
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Aziz Akram $1,575,000 All Ahead Title Agency
Aziz Akram $1,575,000 All Ahead Title
Pace Joseph $950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aziz Akram $1,260,000
Closed Aziz Akram $1,260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2021 05/12/21 Sold $1,575,000 +65.8% $1,969 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
06/21/2018 06/21/18 Sold $950,000 0.0% $1,188 / Sq Ft View Prior Sale
08/04/2013 08/04/13 Rented $18,600 -- --
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 $22,377 $1,515,500 $815,000 $700,500
2024 $21,220 $1,455,900 $785,000 $670,900
2023 $21,220 $1,366,400 $725,000 $641,400
2022 $15,591 $1,103,920 $0 $0
2021 $13,909 $779,140 $0 $0
2020 $13,909 $665,480 $0 $0
2019 $11,752 $955,500 $460,000 $495,500
2018 $9,724 $947,500 $460,000 $487,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22110090

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00301-0000-00002-01