NOT LISTED FOR SALE

468 Broadway Long Branch, NJ 07740

Estimated Value: $792,000 - $1,060,000

4 Beds
2 Baths
2,858 Sq Ft
$331/Sq Ft Est. Value

Last Sold November 17, 2020

Last sale price $670,000 $234 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,974/month

About This Home

8% Cap Rate! FULLY RENOVATED INSIDE & OUT.
Unit 1 has 4 bedrooms 1 bath, brand new in unit washer/dryer. $2,600/month rented
Unit 2 has 4 bedrooms 1.5 baths, brand new in unit washer/dryer. $2,600/month rented
Hardwood floors throughout, brand new kitchen with quartz countertops. Brand New HVAC system and duct work in both units. New vinyl windows. New plumbing, new electric. Detached 1 car garage, new bluestone driveway with ample parking in rear.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Nov 16, 2020
Sold by
Sgalambro David F and Medvin Jason
Bought by
Lalseta Pankaj and Lalseta Harsha
Seller's Agent
David Sgalambro
Melrose Realty, LLC
Buyer's Agent
Mita Lakhani
EXIT Realty East Coast Shirvanian
List Price
$700,000
Sold Price
$670,000
Premium/Discount to List
-$30,000
-4.29%
Current Estimated Value
$946,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,043
Avg. Annual Appreciation
7.13%

Purchase Details

Listed on
Apr 9, 2018
Closed on
May 10, 2018
Sold by
Mtglq Investors Lp
Bought by
Medvin Jason and Sgalambro David
Seller's Agent
Richard Shirvanian
EXIT Realty East Coast Shirvanian
Buyer's Agent
David Sgalambro
Gloria Nilson & Co. Real Estate
Sold Price
$250,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.01%
Original Mortgage
$187,575
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2006
Sold by
Harari Linda
Bought by
Farmdale Holdings Llc

Purchase Details

Closed on
Sep 2, 2003
Sold by
Riccardo Gloria
Bought by
Harari Linda

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
6.01%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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 Buyer Sale Price Title Company
Lalseta Pankaj $663,000 Acres Land Title Agency Inc
Lalseta Pankaj $663,000 Land Title
Medvin Jason $250,101 None Available
Farmdale Holdings Llc -- --
Harari Linda $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Medvin Jason $187,575
Previous Owner Harari Linda $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2020 11/17/20 Sold $670,000 0.0% $223 / Sq Ft View Prior Sale
11/02/2020 11/02/20 Rented $33,600 +1192.3% --
10/14/2020 10/14/20 Under Contract -- -- --
09/23/2020 09/23/20 For Rent $2,600 0.0% --
08/01/2020 08/01/20 Pending -- -- --
06/30/2020 06/30/20 Price Changed $690,000 -1.4% $230 / Sq Ft
05/17/2020 05/17/20 For Sale $700,000 +179.9% $233 / Sq Ft
06/13/2018 06/13/18 Sold $250,101 -- $88 / Sq Ft View Prior Sale

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 $11,853 $832,600 $221,300 $611,300
2024 $11,523 $771,200 $213,800 $557,400
2023 $11,523 $742,000 $210,000 $532,000
2022 $13,125 $667,500 $198,800 $468,700
2021 $13,125 $514,000 $195,000 $319,000
2020 $10,454 $500,200 $183,000 $317,200
2019 $10,045 $477,900 $175,500 $302,400
2018 $9,792 $463,200 $171,800 $291,400
2017 $9,415 $456,800 $171,000 $285,800
2016 $9,115 $451,000 $172,500 $278,500
2015 $8,382 $376,400 $189,000 $187,400
2014 $9,029 $427,300 $261,000 $166,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    David Sgalambro

    Melrose Realty, LLC

    (908) 578-8071

    1 in this area

    92 Total Sales

    David Sgalambro
    Section Image
  • Mita Lakhani

    Buyer's Agent in 2020

    Mita Lakhani

    EXIT Realty East Coast Shirvanian

    (732) 325-8728

    2 in this area

    5 Total Sales

    Mita Lakhani
    Section Image

  • R

    Seller's Agent in 2018

    Richard Shirvanian

    EXIT Realty East Coast Shirvanian

    (732) 768-3544

    3 in this area

    16 Total Sales

    Richard Shirvanian
    Section Image
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Map

New Jersey Monmouth County Long Branch 07740

468 Broadway, Long Branch, NJ

Not Listed for Sale

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