$1,325,000
SOLD SEP 30, 2024

442 Westwood Ave Long Branch, NJ 07740

6 Beds
3 Baths
4,467 Sq Ft
0.69 Acres

Recently Sold

$297 Per Sq Ft

5% Below List Price

73 Days on Market

Highlights

  • Oversized Parking
  • Forced Air Heating and Cooling System
  • 2 Car Garage

About This Home

As of September 2024

LOCATION LOCATION LOCATION - CASH COW INVESTMENT PROPERTY GENERATING $8,300/ MONTH OF RENT. HUGE OPPORTUNITY TO INCREASE RENTS TO MARKET RATES. BLOCKS AWAY FROM LONG BRANCH REDEVELOPMENT ZONE - CURRENTLY BROADWAY IS UNDER CONSTRUCTION BY KUSHNER COMPANIES. COMPLETION DATE OF 2 YEARS - OVER $130 MILLION BEING INVESTED INTO CONDOS, RETAIL AND A SUPERMARKET. 8 SHORT MINUTES TO THE NEW NETFLIX HEADQUARTERS LOCATED IN EATONTOWN. 2 BLOCKS TO THE COVETED WEST END SECTION OF LONG BRANCH & 1 MILE TO THE GORGEOUS LONG BRANCH BEACHES. THIS HOME HAS BEEN COMPLETELY GUTTED IN 2022 LEADING TO EFFORTLESS OWNERSHIP FOR THE NEW OWNER- BRAND NEW ELECTRICAL, PLUMBING, HVAC, FLOORING, INSULATION, SHEETROCK, FIRE ESCAPE, SIDING, KITCHENS, BATHROOMS. PREPARE TO BE AMAZED! MINUTES AWAY TO TRAIN STATION & FERRY

Last Agent to Sell the Property

Kyle Golden

C21 Thomson & Co. License #1646836 Listed on: 06/08/2024

Last Buyer's Agent

Kyle Golden

C21 Thomson & Co. License #1646836 Listed on: 06/08/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,513

Year Built

  • Built in 1910

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 86 x 352

Parking

  • 2 Car Garage
  • Oversized Parking
  • Common or Shared Parking

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 4,467 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Storage

Schools

  • Long Branch Middle School

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: TENANTS PERSONAL BELONGINGS
  • Tenant pays for hot water, yard maintenance, water, snow removal, sewer, heat, gas, electricity
  • Assessor Parcel Number 27-00160-0000-00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,513

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • Year Built: 1910
  • 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: 86 x 352
  • Location Middle School: Long Branch
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage Oversized: Yes
  • Basement Tenant Storage: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Roof: Shingle
  • Acres: 0.69
  • Waterfront: No
  • Exclusions: TENANTS PERSONAL BELONGINGS

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Common, Oversized
  • General Property Info:Garage: Yes
  • GarageParking:Common: Yes

Utilities

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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 86 x 352
  • Lot Size Sq Ft: 30056.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00160-0000-00015
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12513.0
  • Tax Other Annual Assessment Amount: 909100.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2024
Sold by
442 Westwood Investments Llc
Bought by
442 Westwood Realty Llc
Total Days on Market
73
Current Estimated Value
$1,395,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Outstanding Balance
$1,052,726
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$343,191

Purchase Details

Closed on
Nov 17, 2023
Sold by
442 Westwood Investments Llc
Bought by
Goldman Ian and Goldman Erika M

Purchase Details

Listed on
Jan 4, 2021
Closed on
Mar 26, 2021
Sold by
Widdis Harry J and Estate Of Audrey Widdis
Bought by
442 Westwood Investments Llc
Seller's Agent
Margaret Penta
Preferred Properties Real Estate
Buyer's Agent
Vincent Hennessey
RE/MAX Generations
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.69%
Original Mortgage
$325,000
Interest Rate
3.25%
Mortgage Type
New Conventional
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
Deed $1,325,000 Meister Abstract
Deed $162,500 Green Label Title
Deed $162,500 Green Label Title
Bargain Sale Deed $500,000 Property Transfer Svcs Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,060,000 New Conventional
Previous Owner $325,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $1,325,000 -5.4% $297 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
06/08/2024 06/08/24 For Sale $1,399,999 +180.0% $313 / Sq Ft
03/26/2021 03/26/21 Sold $500,000 -13.0% $112 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $575,000 -- $129 / 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 $12,513 $1,047,000 $507,500 $564,500
2024 $12,513 $884,100 $393,900 $515,200
2023 $12,513 $805,700 $0 $0
2022 $11,260 $602,500 $227,800 $374,700
2021 $11,648 $562,700 $147,800 $414,900
2020 $11,648 $557,300 $144,800 $412,500
2019 $14,804 $704,300 $139,800 $564,500
2018 $14,557 $688,600 $144,800 $543,800
2017 $13,835 $671,300 $137,800 $533,500
2016 $13,389 $662,500 $142,800 $519,700
2015 $7,962 $357,500 $108,200 $249,300
2014 $7,529 $356,300 $135,000 $221,300
Source: Public Records

Agents Affiliated with this Home

  • Kyle Golden

    Seller's Agent in 2024

    Kyle Golden

    C21 Thomson & Co.

    (201) 400-5427

    114 Total Sales

    Kyle Golden
    Section Image
  • Margaret Penta

    Seller's Agent in 2021

    Margaret Penta

    Preferred Properties Real Estate

    (732) 310-7047

    27 Total Sales

    Margaret Penta
    Section Image

  • V

    Buyer's Agent in 2021

    Vincent Hennessey

    RE/MAX

    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22416228

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00160-0000-00015

New Jersey Monmouth County Long Branch 07740

442 Westwood Ave, Long Branch, NJ

This home is located at 442 Westwood Ave, Long Branch, NJ 07740 and is currently priced at $1,325,000, approximately $296 per square foot. This property was built in 1910. 442 Westwood Ave is a home located in Monmouth County with nearby schools including Long Branch High School, Holy Trinity School, and Bet Yaakov of the Jersey Shore.

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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