$700,000
SOLD AUG 5, 2021

5 Branch Rd Oakhurst, NJ 07755

3 Beds
2 Baths
1,219 Sq Ft
0.63 Acres

Recently Sold

$574 Per Sq Ft

12% Above List Price

182 Days on Market

Highlights

  • 0.63 Acre Lot
  • Double-Wide Driveway
  • 1 Car Attached Garage
  • Wood Flooring
  • Thermal Windows
  • Landscaped with Trees

About This Home

As of January 2025

Oakhurst, unique, One of a Kind Property! A pre-existing 2 story/2 family home PLUS a single family, detached, 2 bedroom Ranch style home. The 2 BR SF Ranch features a newly updated kitchen. The entire home offers a freshly painted interior and newly sanded and stained hardwood floors. The basement is ready of your washer and dryer hook up. This unit is unoccupied and had been rented at 1,600 per month. THE OTHER TWO STORY/ TWO FAMILY HOME offers a similarly updated kitchen, bath, 2 bedrooms and living room. It is unoccupied and rented for $1,650 per month. The first level of the 2 Family is occupied on a month to month lease and offers 1 bedroom, den, kitchen, bath and living room. It rents at $1,000 monthly. 24 hour notice is necessary to show the first level.

Last Agent to Sell the Property

Maureen Enderly

Berkshire Hathaway HomeServices Fox & Roach - Ocean License #8535694 Listed on: 03/21/2021

Berkshire Hathaway HomeServices Fox & Roach - Ocean

Last Buyer's Agent

Joshua Sasson

Cathy Ades Real Estate LLC License #2184736

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,409

Year Built

  • Built in 1941

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 155 x 176
  • Level Lot
  • Landscaped with Trees

Parking

  • 1 Car Attached Garage
  • Double-Wide Driveway
  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Asphalt Rolled Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Thermal Windows
  • Partial Basement
  • Stove
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Schools

  • Ocean Twnshp Elementary School
  • Ocean Middle School
  • Ocean Twp High School

Utilities

  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for heat, gas, electricity
  • The owner pays for yard maintenance, water, sewer, garbage removal
  • Assessor Parcel Number 37-00003-03-00035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,409

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level, Treed Lots
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Wood, Laminate, Ceramic Tile
  • New Construction: No
  • Year Built: 1941
  • 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
  • General Property Info Lot Dimensions: 155 x 176
  • Location Middle School: Ocean
  • Water Heater Electric2: Yes
  • Lot Description Treed Lots: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • SidingAluminum: Yes
  • General Property Info Handicap Access: No
  • Exterior Thermal Window: Yes
  • Roof Timberline: Yes
  • General Property Info # Parking Spaces: 6.0
  • Parking Double Wide: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Floors Laminate2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 Water Heater3: Yes
  • Unit 3 Water Meter: Yes
  • Special Features: None

Interior Features

  • Basement: Partial, Slab
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Basement:Slab: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Timberline
  • Acres: 0.63
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Thermal Window, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Paved, Off Street, Double Wide
  • Total Parking Spaces: 6.0
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator, Electric BB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Ocean

Lot Info

  • Lot Dimensions: 155 x 176
  • Lot Size Sq Ft: 27442.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 37-00003-03-00035
  • Zoning Description: Residential, Non-Conforming, Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10409.0
  • Tax Other Annual Assessment Amount: 529300.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Ocean Twnshp
  • High School: Ocean Twp

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Sep 10, 2024
Sold by
Joseph Chira Llc
Bought by
Matthews Ezekiel and Matthews Jessica
Seller's Agent
Joshua Sasson
Cathy Ades Real Estate LLC
Buyer's Agent
Esther Ashkenazi
Town & Country Real Estate Consultants
List Price
$1,795,000
Sold Price
$1,525,000
Premium/Discount to List
-$270,000
-15.04%
Views
69
Current Estimated Value
$1,524,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$986
Avg. Annual Appreciation
-20.43%
Original Mortgage
$290,000
Outstanding Balance
$287,955
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$939,479

Purchase Details

Closed on
Oct 7, 2022
Sold by
Joseph Chira Llc
Bought by
Joseph Chira Llc

Purchase Details

Listed on
Aug 20, 2021
Closed on
Jul 19, 2021
Sold by
Russo Joseph F
Bought by
Joseph Chira Llc
Seller's Agent
Joshua Sasson
Cathy Ades Real Estate LLC
Buyer's Agent
Joshua Sasson
Cathy Ades Real Estate LLC
Sold Price
$31,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.11%
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 Type Sale Price Title Company
Deed $1,525,000 Windrose Title
Deed -- --
Deed $700,000 Old Republic Natl Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $290,000 New Conventional
Open $2,203,500 Construction
Previous Owner $1,588,704 New Conventional
Previous Owner $490,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2025 01/02/25 Sold $1,625,000 -4.4% $339 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
09/16/2024 09/16/24 Price Changed $1,699,990 +11.5% $354 / Sq Ft
08/18/2024 08/18/24 Sold $1,525,000 -13.6% $318 / Sq Ft
08/18/2024 08/18/24 For Sale $1,765,000 +10.7% $368 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
06/18/2024 06/18/24 Price Changed $1,595,000 -5.3% $332 / Sq Ft
05/10/2024 05/10/24 Price Changed $1,685,000 -6.1% $351 / Sq Ft
03/29/2024 03/29/24 For Sale $1,795,000 0.0% $374 / Sq Ft
08/26/2021 08/26/21 Rented $31,200 +1100.0% --
08/20/2021 08/20/21 Under Contract -- -- --
08/19/2021 08/19/21 For Rent $2,600 0.0% --
08/05/2021 08/05/21 Sold $700,000 +12.0% $574 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
03/21/2021 03/21/21 Price Changed $624,900 0.0% $513 / Sq Ft
03/21/2021 03/21/21 For Sale $624,900 -10.7% $513 / Sq Ft
10/22/2020 10/22/20 Off Market $700,000 -- --
10/07/2020 10/07/20 For Sale $599,900 0.0% $492 / Sq Ft
11/06/2017 11/06/17 Rented $19,200 0.0% --
09/05/2017 09/05/17 Rented $19,200 -- --
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 $16,579 $445,200 $445,200 $0
2023 $16,579 $1,084,300 $809,100 $275,200
2022 $10,505 $639,900 $377,800 $262,100
2021 $10,505 $534,600 $300,300 $234,300
2020 $10,538 $529,300 $300,300 $229,000
2019 $10,409 $510,500 $282,800 $227,700
2018 $9,299 $444,100 $227,800 $216,300
2017 $9,302 $442,300 $237,800 $204,500
2016 $8,644 $369,700 $205,600 $164,100
2015 $8,901 $385,500 $225,600 $159,900
2014 $8,791 $385,900 $225,600 $160,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22036184

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 37-00003-03-00035