NOT LISTED FOR SALE

542 Ocean Blvd Long Branch, NJ 07740

Estimated Value: $484,637

0.16 Acre
$3,028,981 Price per Acre
6,970 Sq Ft Lot

Last Sold December 16, 2020

Last sale price $316,000

Est. 53% increase in value since last sale

Current estimated payment $3,114/month

8 Days on Market

About This Lot

As of December 2020

BUILDABLE LOT - APPROVAL GRANTED! On March 17, 2020 seller was granted a zoning permit from City of Long Branch for approvals to build a single family home on this lot which would allow for a 24' wide house. Set back from Passey Gardens 15'3''. Build your own summer home down the shore or year round residence across the street from the beach in Long Branch. This 50 Wide by 140 Deep buildable lot is for Sale at the corner of Ocean Blvd and Passey Gardens in the West End section of Long Branch. It's now possible to build a 2000+ sq. ft. home with a 2 car garage. Don't wait to make your move on this amazing opportunity. It will not last long.

Last Listed By

Eric Bosniak

Coldwell Banker Realty Listed on: 08/07/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,915

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 140
  • Corner Lot
  • Level Lot

Schools

  • Long Branch Middle School
  • Long Branch High School

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Listing and Financial Details

  • Assessor Parcel Number 27-00135-0000-00013

Property Details

Property Type

Land

Est. Annual Taxes

$2,915

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • ResoLotFeatures: Corner Lot, Level
  • Subdivision Name: None
  • General Property Info Waterview: No
  • General Property Info Acreage: 0.16
  • General Property Info Lot Dimensions: 50 x 140
  • Location Middle School: Long Branch
  • Lot Description Corner Lot: Yes
  • WaterSewer Public Sewer at Street: Yes
  • WaterSewer Public Water at Street: Yes
  • Electric At Street2: Yes
  • Gas At Street3: Yes
  • Special Features: None

Exterior Features

  • Acres: 0.16
  • Waterfront: No

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50 x 140
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00135-0000-00013
  • Zoning Description: Single Family, Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2915.0

MLS Schools

  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2020
Closed on
Dec 15, 2020
Sold by
Taimis Group Llc
Bought by
542 Ocean Blvd Llc
Seller's Agent
Eric Bosniak
Coldwell Banker Realty
Buyer's Agent
Eric Bosniak
Coldwell Banker Realty
List Price
$305,000
Sold Price
$316,000
Premium/Discount to List
$11,000
3.61%
Total Days on Market
8
Current Estimated Value
$484,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,637
Avg. Annual Appreciation
10.14%

Purchase Details

Closed on
Jul 13, 2002
Sold by
Azizo Barbara
Bought by
Intelligent Commerce Grp Llc

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
542 Ocean Blvd Llc $316,000 Green Label Title
542 Ocean Blvd Llc $316,000 Green Label Title
Taimis Group Llc -- Green Label Title
Intelligent Commerce Grp Llc $80,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $316,000 +3.6% --
08/15/2020 08/15/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $305,000 -- --
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 $4,971 $395,100 $395,100 $0
2023 $4,971 $320,100 $320,100 $0
2022 $3,080 $264,400 $264,400 $0
2021 $3,080 $153,900 $153,900 $0
2020 $2,899 $138,700 $138,700 $0
2019 $2,915 $138,700 $138,700 $0
2018 $3,000 $141,900 $141,900 $0
2017 $2,793 $135,500 $135,500 $0
2016 $2,819 $139,500 $139,500 $0
2015 $1,485 $66,700 $66,700 $0
2014 $1,798 $85,100 $85,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22027240

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00135-0000-00013