NOT LISTED FOR SALE

478 2nd Ave Long Branch, NJ 07740

Estimated Value: $597,000 - $692,000

3 Beds
2 Baths
1,179 Sq Ft
$558/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $650,000 $551 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,194/month

25 Days on Market

Highlights

  • Water Views
  • Heating Available
  • 1-Story Property
  • Cooling Available

About This Home

As of June 2024

Here is an amazing opportunity to invest/live in a 2 family home in the highly sought after West End section of Long Branch only 2 short blocks from the beach, boardwalk with all the surrounding restaurants, cafes, shopping, hospitals, parks, and religious worship. With the right investor/homeowner this 2 family home can transform into a income producing multifamily dwelling with endless investment opportunities. Whether you choose a total renovation or a possible teardown, this property offers endless potential for the right investor. This two family home requires a total reno or possible teardown. This home is being Sold strictly ''As-Is.'' Buyer is responsible for obtaining Certificate of Occupancy ''CO.''

Last Agent to Sell the Property

Irving Cham

Coldwell Banker Realty License #1432674 Listed on: 04/26/2024

Last Buyer's Agent

David Herchakowski

RE/MAX Revolution License #0232889

RE/MAX Revolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,649

Year Built

  • Built in 1940

Lot Details

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

Parking

  • 6 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,179 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Long Branch Middle School

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 27-00145-0000-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,649

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Year Built: 1940
  • Contract Info List PriceSqFt: 551.31
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Long Branch
  • Water Heater Natural Gas2: Yes
  • General Property Info # Parking Spaces: 6.0
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Total Parking Spaces: 6.0
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating:Electric: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00145-0000-00003
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7649.0
  • Tax Other Annual Assessment Amount: 492500.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jul 2, 2024
Sold by
Bbb Fidelity Investment Llc
Bought by
Vala Janardhan
Seller's Agent
Irving Cham
Coldwell Banker Realty
Buyer's Agent
David Herchakowski
RE/MAX Revolution
List Price
$650,000
Sold Price
$650,000
Views
30
Current Estimated Value
$657,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,310
Avg. Annual Appreciation
0.78%

Purchase Details

Listed on
Oct 28, 2023
Closed on
Nov 21, 2023
Sold by
Ald-Og Llc
Bought by
Bbb Fidelity Investment Llc
Seller's Agent
Andrew Kligman
RE/MAX Synergy
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$529,000
Sold Price
$535,000
Premium/Discount to List
$6,000
1.13%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.34%

Purchase Details

Listed on
May 9, 2017
Closed on
Apr 5, 2017
Sold by
Ojeda Robert M and Ojeda Ellen K
Bought by
Ald Og Llc
Seller's Agent
Sutah Ann Robins
O'Brien Realty, LLC
Buyer's Agent
Dawn Smith-Altit
RE/MAX Gateway
Sold Price
$11,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.24%
Original Mortgage
$210,000
Interest Rate
4.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 2010
Sold by
Ojeda Robert M and Ojeda Ellen K
Bought by
Ojeda Robert M and Ojeda Ellen K

Purchase Details

Closed on
Feb 5, 2004
Sold by
Amoroso Michael
Bought by
Ojeda Robert and Ojeda Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,750
Interest Rate
5.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 2003
Sold by
Recordo Carlos
Bought by
Amoroso Amoroso Michael Michael and Amoroso Renee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vala Janardhan $650,000 None Listed On Document
Vala Janardhan $650,000 None Listed On Document
Bbb Fidelity Investment Llc $535,000 Fidelity National Title
Ald Og Llc $280,000 None Available
Ojeda Robert M -- None Available
Ojeda Robert $315,000 --
Amoroso Amoroso Michael Michael $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ald Og Llc $210,000
Previous Owner Ojeda Robert $204,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $650,000 0.0% $551 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $650,000 +21.5% $551 / Sq Ft
11/22/2023 11/22/23 Sold $535,000 +1.1% $454 / Sq Ft View Prior Sale
11/08/2023 11/08/23 Pending -- -- --
10/28/2023 10/28/23 For Sale $529,000 0.0% $449 / Sq Ft
12/16/2019 12/16/19 Rented $14,400 -50.0% --
12/06/2018 12/06/18 Rented $28,800 +166.7% --
08/19/2017 08/19/17 Rented $10,800 -1.8% --
05/26/2017 05/26/17 Rented $11,000 0.0% --
04/05/2017 04/05/17 Sold $280,000 -- $237 / Sq Ft View Prior Sale
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 $8,849 $650,800 $420,500 $230,300
2024 $7,649 $575,700 $395,500 $180,200
2023 $7,649 $492,500 $320,500 $172,000
2022 $6,435 $416,200 $264,600 $151,600
2021 $6,435 $321,600 $192,600 $129,000
2020 $6,310 $301,900 $173,600 $128,300
2019 $6,220 $295,900 $173,600 $122,300
2018 $6,245 $295,400 $177,600 $117,800
2017 $6,191 $300,400 $169,600 $130,800
2016 $6,103 $302,000 $174,600 $127,400
2015 $5,810 $260,900 $84,800 $176,100
2014 $5,589 $264,500 $108,200 $156,300
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2024

    Irving Cham

    Coldwell Banker Realty

    Section Image

  • D

    Buyer's Agent in 2024

    David Herchakowski

    RE/MAX

    (732) 245-2296

    6 in this area

    50 Total Sales

    David Herchakowski
    Section Image
  • Andrew Kligman

    Seller's Agent in 2023

    Andrew Kligman

    RE/MAX

    (732) 673-8446

    18 in this area

    58 Total Sales

    Andrew Kligman
    Section Image

  • N

    Buyer's Agent in 2023

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2023

    NON MEMBER MORR

    NON MEMBER

  • S

    Seller's Agent in 2019

    Sutah Ann Robins

    RE/MAX

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22411478

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00145-0000-00003

New Jersey Monmouth County Long Branch 07740

478 2nd Ave, Long Branch, NJ

Not Listed for Sale

MultiFamily

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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