NOT LISTED FOR SALE

468 Narragansett Ave Long Branch, NJ 07740

Estimated Value: $738,000 - $906,284

4 Beds
2 Baths
3,150 Sq Ft
$262/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $610,000 $194 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,366/month

22 Days on Market

Highlights

  • Deck
  • Air Conditioning
  • Forced Air Zoned Heating System
  • Wood Flooring
  • Patio
  • Level Lot

About This Home

As of July 2022

A MUST SEE! WILL NOT LAST! Beautifully well maintained two family home within a mile from 7 Presidents Beach and Pier Village!
2 bedrooms, full bath in each unit. Open floor plan, living room and kitchen area. stainless steel appliances in upper level unit. Spacious level backyard on a quiet dead end street.
Great Investment and or Owner Occupied.
FULLY OCCUPIED, LEASES UP AUG. 2022.
GREAT TENANTS- WOULD LOVE TO STAY! NEGOTIABLE WITH NEW OWNER!

Last Listed By

Angel Nolan

EXP Realty Listed on: 05/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,532

Year Built

  • Built in 1957

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,150 Sq Ft Home
  • 2-Story Property

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage
  • Unpaved Parking
  • Paved Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Long Branch Middle School

Utilities

  • Air Conditioning
  • Multiple cooling system units
  • Forced Air Zoned Heating System
  • Furnace
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Beach House Subdivision

Listing and Financial Details

  • Tenant pays for heat, gas, electricity
  • The owner pays for water
  • Assessor Parcel Number 27-00457-02-00012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,532

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: Beach House
  • Reso Flooring: Wood, Ceramic Tile
  • New Construction: No
  • Year Built: 1957
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Long Branch
  • Roof Shingled: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Parking Unpaved: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces: 4.0
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Exterior Features: Deck, Patio
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, None, Unpaved
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: No
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00457-02-00012
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Gas, Electricity
  • Owner Pays: Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8532.0
  • Tax Other Annual Assessment Amount: 426400.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Jul 13, 2022
Sold by
Nolan Zachary M
Bought by
468 Narragansett Ave Llc
Seller's Agent
Angel Nolan
EXP Realty
Buyer's Agent
Michele Irizarry
Shore Prime Properties LLC
List Price
$624,900
Sold Price
$610,000
Premium/Discount to List
-$14,900
-2.38%
Total Days on Market
22
Current Estimated Value
$824,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,571
Avg. Annual Appreciation
11.32%

Purchase Details

Listed on
Apr 25, 2018
Closed on
Aug 9, 2018
Sold by
Araujo Gisella
Bought by
Nolan Zachary M
Seller's Agent
Donald Wuerfl
Purplebricks
Buyer's Agent
Karen Totams
Jersey Shore Realty LLC
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.41%
Original Mortgage
$379,050
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2004
Sold by
Bruno Beatrice
Bought by
Araujo Gisella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,150
Interest Rate
5.71%
Mortgage Type
Commercial

Range of Values:

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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
468 Narragansett Ave Llc $610,000 First American Title
Nolan Zachary M $399,000 None Available
Araujo Gisella $217,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nolan Zachary M $387,000
Previous Owner Nolan Zachary M $380,000
Previous Owner Nolan Zachary M $379,050
Previous Owner Araujo Gisella $297,211
Previous Owner Arajjo Grisella $191,039
Previous Owner Araujo Gisella S $123,341
Previous Owner Araujo Gisella $55,550
Previous Owner Araujo Gisella S $212,000
Previous Owner Araujo Gisella $206,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $610,000 -2.4% $194 / Sq Ft
05/11/2022 05/11/22 For Sale $624,900 +56.6% $198 / Sq Ft
08/09/2018 08/09/18 Sold $399,000 -- $161 / 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
2024 $9,529 $658,700 $216,500 $442,200
2023 $9,529 $613,600 $191,500 $422,100
2022 $8,532 $508,400 $163,800 $344,600
2021 $8,532 $426,400 $133,800 $292,600
2020 $8,751 $418,700 $127,800 $290,900
2019 $8,307 $395,200 $117,800 $277,400
2018 $6,710 $317,400 $113,800 $203,600
2017 $6,519 $316,300 $106,800 $209,500
2016 $6,425 $317,900 $113,800 $204,100
2015 $5,309 $238,400 $85,300 $153,100
2014 $5,023 $237,700 $101,800 $135,900
Source: Public Records

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Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22214125

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00457-02-00012