NOT LISTED FOR SALE

523 Hampton Ave Long Branch, NJ 07740

Estimated Value: $860,000 - $1,120,000

4 Beds
3 Baths
2,014 Sq Ft
$483/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $662,000 $329 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,367/month

61 Days on Market

Highlights

  • 0.39 Acre Lot
  • 1 Car Garage
  • Heating System Uses Natural Gas

About This Home

As of September 2020

2 homes on a a large deep lot. Both in need of extensive repairs. All zoning due diligence responsibility of the buyer. Front house is 523 Hampton Ave. and is 2 units, 2 bedrooms and 1 bath upstairs and 2 bedrooms and 1 bathroom downstairs. 525 Hampton Ave., the rear house, is 3 bedrooms and 1 bathroom.

Last Listed By

Scott Gilbert

O'Brien Realty, LLC License #1540098 Listed on: 06/21/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,625

Year Built

  • Built in 1910

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 100 x 172

Parking

  • 1 Car Garage

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Long Branch Middle School

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 27-00253-0000-00013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,625

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1910
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 100 x 172
  • Location Middle School: Long Branch
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Acres: 0.39
  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 100 x 172
  • Lot Size Sq Ft: 16988.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00253-0000-00013
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9625.0
  • Tax Other Annual Assessment Amount: 457900.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2020
Closed on
Sep 25, 2020
Sold by
Acquaro Cindy L and Estate Of Herbert Kreuz
Bought by
Liberty Real Estate Management Inc
Seller's Agent
Scott Gilbert
O'Brien Realty, LLC
Buyer's Agent
Maria Rizzo
Berkshire Hathaway HomeServices Zack Shore Realtors
List Price
$499,000
Sold Price
$662,000
Premium/Discount to List
$163,000
32.67%
Total Days on Market
61
Current Estimated Value
$973,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,608
Avg. Annual Appreciation
8.61%
Original Mortgage
$1,148,000
Outstanding Balance
$1,028,525
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
-$54,917

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
Liberty Real Estate Management Inc $662,000 Trident Abstract Ttl Agcy Ll
Liberty Real Estate Management Inc $662,000 Trident Abstract Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liberty Real Estate Management $693,000
Closed Liberty Real Estate Management $693,000
Closed Liberty Real Estate Management $651,000
Open Liberty Real Estate Management Inc $1,148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $662,000 +32.7% $329 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
06/21/2020 06/21/20 For Sale $499,000 -- $248 / 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 $11,005 $764,300 $198,800 $565,500
2023 $11,005 $708,600 $168,800 $539,800
2022 $9,983 $634,400 $158,800 $475,600
2021 $9,983 $498,900 $133,800 $365,100
2020 $10,088 $482,700 $119,800 $362,900
2019 $9,625 $457,900 $111,800 $346,100
2018 $9,261 $438,100 $104,800 $333,300
2017 $8,879 $430,800 $103,800 $327,000
2016 $8,638 $427,400 $108,800 $318,600
2015 $7,146 $320,900 $119,800 $201,100
2014 $6,576 $311,200 $132,800 $178,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22020239

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00253-0000-00013