NOT LISTED FOR SALE

470 2nd Ave Long Branch, NJ 07740

Estimated Value: $833,000 - $1,025,000

5 Beds
3 Baths
2,154 Sq Ft
$418/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $600,000 $279 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,696/month

28 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • No HOA
  • Recreation Room
  • Mud Room
  • Double-Wide Driveway

About This Home

As of May 2021

Amazing mother/daughter only 2 blocks from the best beaches in NJ. 5 bedrooms, 3 full baths, full finished basement and in ground pool. First floor with 3 bedrooms(one is a DR now) /kitchen/living room,full bath and mud room. Second floor with 2 bedrooms, full bath and kitchenette. Full finished basement with even more living space, full bath & kitchenette are just a few of the amenities this seaside treasure has to offer. This home shows pride in ownership.A unique property with room for the whole family and then some!
Minutes from Pier Village, restaurants, shopping, Monmouth Medical Center and more.

Last Agent to Sell the Property

Margaret Penta

Preferred Properties Real Estate License #0449016 Listed on: 08/20/2020

Last Buyer's Agent

Anna Garifine

RE/MAX Synergy License #9913939

RE/MAX Synergy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,725

Year Built

  • Built in 1949

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 86 x 100

Parking

  • Double-Wide Driveway

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,154 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Mud Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Bonus Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Outdoor Features

  • In Ground Pool
  • Outbuilding
  • Porch

Schools

  • Long Branch Middle School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 27-00147-0000-00017

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,725

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • ResoPoolFeatures: In Ground
  • Subdivision Name: None
  • Architectural Style: Mother/Daughter, Other - See Remarks
  • Reso Flooring: Tile
  • New Construction: No
  • Year Built: 1949
  • Contract Info List PriceSqFt: 299.44
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: Yes
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.2
  • General Property Info Lot Dimensions: 86 x 100
  • General Property Info Farm: No
  • Location Middle School: Long Branch
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • Rooms Living Room: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Parking Double Wide Drive: Yes
  • SidingAluminum: Yes
  • General Property Info # Fireplaces: 1.0
  • Exterior Porch - Open: Yes
  • Foyer Floor - Wood: Yes
  • Rooms Bonus Room2: Yes
  • Living Room Fireplace - Woodburning2: Yes
  • Kitchen Ceramic Tile3: Yes
  • Floors Tile: Yes
  • Rooms Mud: Yes
  • Mud Level First11: Yes
  • Rec Room Level Basement9: Yes
  • Exterior Outbuilding: Yes
  • Bonus Room Level Basement35: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Finished, Full, Walk-Out Access
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 1
  • Basement Finished: Yes
  • Full Basement: Yes
  • Other Rooms:Dining Room: Yes
  • Basement:Walk-Out Access: Yes
  • Other Rooms:Rec Room: Yes
  • Primary Bedroom Level:First43: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.2
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Outbuilding, Porch - Open
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Double Wide Drive
  • General Property Info:Garage: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 86 x 100
  • Lot Size Sq Ft: 8712.0
  • Parcel #: 27-00147-0000-00017
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8725.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
May 21, 2021
Sold by
Marsico Frank and Marsico Raffaelina
Bought by
Reichman Melvin and Eagle Marcia
Seller's Agent
Margaret Penta
Preferred Properties Real Estate
Buyer's Agent
Anna Garifine
RE/MAX Synergy
List Price
$645,000
Sold Price
$600,000
Premium/Discount to List
-$45,000
-6.98%
Current Estimated Value
$900,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,142
Avg. Annual Appreciation
9.35%
Original Mortgage
$350,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Reichman Melvin $600,000 Main Street Title
Reichman Melvin $600,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reichman Melvin $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2021 05/26/21 Sold $600,000 -7.0% $279 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $645,000 -- $299 / 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 $11,698 $819,600 $430,800 $388,800
2024 $10,404 $761,100 $405,800 $355,300
2023 $10,404 $669,900 $330,800 $339,100
2022 $10,083 $596,900 $272,000 $324,900
2021 $8,914 $503,900 $200,000 $303,900
2020 $8,914 $426,500 $181,000 $245,500
2019 $8,725 $415,100 $181,000 $234,100
2018 $8,680 $410,600 $185,000 $225,600
2017 $8,209 $398,300 $177,000 $221,300
2016 $8,036 $397,600 $182,000 $215,600
2015 $6,474 $290,700 $82,000 $208,700
2014 $6,069 $287,200 $102,000 $185,200
Source: Public Records

Agents Affiliated with this Home

  • Margaret Penta

    Seller's Agent in 2021

    Margaret Penta

    Preferred Properties Real Estate

    (732) 310-7047

    9 in this area

    27 Total Sales

    Margaret Penta
    Section Image
  • Anna Garifine

    Buyer's Agent in 2021

    Anna Garifine

    RE/MAX

    (732) 870-1212

    6 in this area

    23 Total Sales

    Anna Garifine
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22028378

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00147-0000-00017

New Jersey Monmouth County Long Branch 07740

470 2nd Ave, Long Branch, NJ

Not Listed for Sale

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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