NOT LISTED FOR SALE

478 2nd Ave Long Branch, NJ 07740

Long Branch Area

Estimated Value: $596,000 - $752,600

3 Beds
2 Baths
1,179 Sq Ft
$571/Sq Ft Est. Value

Sale Details

Date Sold: June 28, 2024

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

Est. 4% increase in value since last sale

Current estimated payment $4,523 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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

7,405 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jul 2, 2024
Sold by
Bought by
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
$673,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,400
Avg. Annual Appreciation
1.70%

Purchase Details

Listed on
Oct 28, 2023
Closed on
Nov 21, 2023
Sold by
Bought by
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
Bought by
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
Bought by

Purchase Details

Closed on
Feb 5, 2004
Sold by
Bought by

Purchase Details

Closed on
Mar 24, 2003
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Long Branch, NJ

  • Christine Morford Real Estate Agent - Berkshire Hathaway HomeServices Fox & Roach - Rumson

    Christine Morford

    Berkshire Hathaway HomeServices Fox & Roach - Rumson

    (727) 349-2909

    114 Total Sales

    4 in Long Branch

    $600K - $1.7M Price Range

    Christine Morford
     Section Image
  • Angel Nolan Real Estate Agent - Weichert Realtors, Montclair

    Angel Nolan

    Weichert Realtors, Montclair

    (973) 490-4069

    45 Total Sales

    1 in Long Branch

    $610,000 Price

    Angel Nolan
     Section Image
  • Sahar Karykous Real Estate Agent - Resources Real Estate

    Sahar Karykous

    Resources Real Estate

    (732) 702-3408

    42 Total Sales

    9 in Long Branch

    $250K - $600K Price Range

    Sahar Karykous
     Section Image
  • Lisa Molinari Real Estate Agent - WEICHERT REALTORS

    Lisa Molinari

    WEICHERT REALTORS

    (908) 402-4173

    70 Total Sales

    1 in Long Branch

    $600,000 Price

    Lisa Molinari
     Section Image
  • THOMAS BISHOP Real Estate Agent - Jason Mitchell Real Estate New Jersey

    THOMAS BISHOP

    Jason Mitchell Real Estate New Jersey

    (877) 454-3114

    57 Total Sales

    1 in Long Branch

    $535,000 Price

    THOMAS BISHOP
     Section Image
  • Bruce Germinsky Real Estate Agent - BG Realty Services of Florida, LLC

    Bruce Germinsky

    BG Realty Services of Florida, LLC

    (855) 701-2832

    30 Total Sales

    9 in Long Branch

    $1.4M - $3.6M Price Range

    Bruce Germinsky
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$650,000 None Listed On Document
$535,000 Fidelity National Title
$280,000 None Available
-- None Available
$315,000 --
$165,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $210,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,762 $470,500 $470,500
2025 $9,762 $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
  • Andrew Kligman Real Estate Agent - RE/MAX

    Seller's Agent in 2023

    Andrew Kligman

    RE/MAX

    (732) 673-8446

    52 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

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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