NOT LISTED FOR SALE

51 Grand Ave Unit 53 Long Branch, NJ 07740

Estimated Value: $737,000 - $816,734

4 Beds
2 Baths
2,122 Sq Ft
$370/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $540,000 $254 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,139/month

17 Days on Market

About This Home

As of September 2020

ATTENTION ALL INVESTORS THIS IS A BUYERS DREAM , GREAT LOCATION, ALL SEPT UTILITIES, INCLUDING WATER.

Last Listed By

Mario Silvester

Mario's Realty Inc License #9483549 Listed on: 06/29/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,950

Year Built

  • 1903

Lot Details

  • 8,102

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Schools

  • Long Branch Middle School

Utilities

  • Central Air
  • Furnace
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Both Washers & Dryers and all other Tenants belonging
  • Assessor Parcel Number 1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,950

Year Built

1903

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Long Branch
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 1 Electric Meter: 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 Gas Stove: Yes
  • Special Features: None
  • Year Built: 1903

Interior Features

  • Basement: Partially Finished, Walk-Out Access, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Partially Finished: Yes

Exterior Features

  • Waterfront: No
  • Exclusions: Both Washers & Dryers and all other Tenants belonging

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Parcel #: 1

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2020
Closed on
Sep 10, 2020
Sold by
Marques Jose M and Marques Laurinda
Bought by
Demelo Adalberto J
Seller's Agent
Mario Silvester
Mario's Realty Inc
Buyer's Agent
Mario Silvester
Mario's Realty Inc
List Price
$549,000
Sold Price
$540,000
Premium/Discount to List
-$9,000
-1.64%
Total Days on Market
17
Current Estimated Value
$784,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,684
Avg. Annual Appreciation
8.26%
Original Mortgage
$530,219
Outstanding Balance
$475,038
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$309,646

Purchase Details

Closed on
Jun 1, 1993
Bought by
Marques Jose M and Marques Laurinda

Range of Values:

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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
Demelo Adalberto J $540,000 Coastal Title Agency
Marques Jose M $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demelo Adalberto J $530,219
Previous Owner Marques Jose M $129,000
Previous Owner Marques Jose M $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2020 09/14/20 Sold $540,000 -1.6% $254 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $549,000 -- $259 / 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
2024 $8,950 $626,400 $184,900 $441,500
2023 $8,950 $576,300 $154,900 $421,400
2022 $8,278 $516,200 $144,900 $371,300
2021 $8,278 $413,700 $119,900 $293,800
2020 $8,318 $398,000 $105,900 $292,100
2019 $7,912 $376,400 $97,900 $278,500
2018 $7,593 $359,200 $90,900 $268,300
2017 $7,277 $353,100 $89,900 $263,200
2016 $7,100 $351,300 $94,900 $256,400
2015 $6,149 $276,100 $98,200 $177,900
2014 $5,661 $267,900 $110,100 $157,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mario Silvester

    Mario's Realty Inc

    (732) 616-4231

    28 in this area

    49 Total Sales

    Mario Silvester
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22021352

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00248-0000-00018

New Jersey Monmouth County Long Branch 07740

51 Grand Ave Unit 53, Long Branch, NJ

Homes for Sale in Long Branch, NJ

This home is located at 51 Grand Ave Unit 53, Long Branch, NJ 07740 since 29 June 2020 and is currently estimated at $784,684, approximately $369 per square foot. This property was built in 1903. 51 Grand Ave Unit 53 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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