NOT LISTED FOR SALE

472 Broadway Long Branch, NJ 07740

Estimated Value: $568,000 - $801,000

4 Beds
4 Baths
2,676 Sq Ft
$264/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $300,000 $112 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $4,478/month

12 Days on Market

Highlights

  • 2 Car Detached Garage
  • Multiple cooling system units
  • Zoned Heating

About This Home

As of April 2017

Don't miss out on this great opportunity to own a four family in downtown long branch. Short walk to train station, shops, restaurants, beaches, and so much more. Building previously grossed 4K/mo. but has the potential to be so much more. Home sits on a 50x150 lot and has plenty of off street parking in the back in addition to a two car detached garage. Add coin operated washer and dryers in basement for an added income and ride this cash cow all the way to the bank!

Last Agent to Sell the Property

Gary Mawson

Keller Williams Realty East Monmouth Listed on: 08/26/2016

Last Buyer's Agent

Barbara Greely

RE/MAX Champions

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,748

Year Built

  • Built in 1910

Lot Details

  • 7,492

Parking

  • 2 Car Detached Garage
  • Unpaved Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Shingle Roof
  • Vinyl Siding

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Long Branch Middle School

Utilities

  • Multiple cooling system units
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Additional Features

  • 3-Story Property
  • Lot Dimensions are 50 x 150

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for yard maintenance, water, snow removal, sewer
  • Assessor Parcel Number 27-00230-0000-00002

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $2,400
  • Water Sewer Expense $70
  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,748

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1910
  • Contract Info New Construction: No
  • 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: 50 x 150
  • Location Middle School: Long Branch
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Parking Unpaved: Yes
  • Cooling Multi Units: Yes
  • General Property Info # Parking Spaces: 6.0
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 2 Electric Meter2: Yes
  • Income Expenses Insurance Expense: 2400.0
  • Income Expenses WaterSewer Expense: 70.0
  • Income Expenses Gross Income2: 48000.0
  • Heating 3 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full
  • Basement: Yes
  • Stories: 3
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Open, Off Street, Unpaved, Detached
  • Total Parking Spaces: 6.0
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking Open: Yes
  • Parking Features:Garage Detached: Yes

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 70.0

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50 x 150
  • Parcel #: 27-00230-0000-00002
  • Zoning Description: Residential, Professional, Multi-Family

Rental Info

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

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 8748.0
  • Tax Other Annual Assessment Amount: 430000.0

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 48000.0
  • Insurance Expense: 2400.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2016
Closed on
Apr 24, 2017
Sold by
Misar Glenn S and Misar Roberta
Bought by
Rtr New Home Building Contractors Inc
Seller's Agent
Gary Mawson
Keller Williams Realty East Monmouth
Buyer's Agent
Barbara Greely
RE/MAX Champions
Sold Price
$300,000
Current Estimated Value
$707,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,625
Avg. Annual Appreciation
11.47%

Purchase Details

Closed on
Feb 25, 2010
Sold by
Misar Virginia K and Estate Of Robert Misar
Bought by
Misar Glenn S and Misar Roberta
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 Buyer Sale Price Title Company
Rtr New Home Building Contractors Inc $300,000 Coastal Title
Misar Glenn S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Misar Glenn S $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $300,000 -- $112 / 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 $8,892 $621,600 $221,300 $400,300
2024 $8,667 $578,500 $213,800 $364,700
2023 $8,667 $558,100 $210,000 $348,100
2022 $9,443 $479,000 $198,800 $280,200
2021 $9,443 $471,900 $195,000 $276,900
2020 $9,578 $458,300 $183,000 $275,300
2019 $9,207 $438,000 $175,500 $262,500
2018 $9,329 $441,300 $171,800 $269,500
2017 $8,974 $435,400 $171,000 $264,400
2016 $8,690 $430,000 $172,500 $257,500
2015 $8,748 $392,800 $189,000 $203,800
2014 $9,335 $441,800 $261,000 $180,800
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Gary Mawson

    Keller Williams Realty East Monmouth

  • B

    Buyer's Agent in 2017

    Barbara Greely

    RE/MAX

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21633669

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00230-0000-00002

New Jersey Monmouth County Long Branch 07740

472 Broadway, Long Branch, NJ

This home is located at 472 Broadway, Long Branch, NJ 07740 since 26 August 2016 and is currently estimated at $707,625, approximately $264 per square foot. This property was built in 1910. 472 Broadway is a home located in Monmouth County with nearby schools including Long Branch High School and Holy Trinity School.

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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