S
Seller's Agent in 2023
Stefany Medina
RE/MAX
542 Patten Ave Long Branch, NJ 07740
Estimated Value: $1,065,459 - $1,185,000
5
Beds
3
Baths
2,209
Sq Ft
$510/Sq Ft
Est. Value
Highlights
- Property Fronts a Bay or Harbor
- 0.33 Acre Lot
- Raised Ranch Architecture
- In Ground Pool
- Curved or Spiral Staircase
- Wood Flooring
About This Home
As of October 2023Welcome to 542 Patten Ave - where waterfront living meets luxury and relaxation. Nestled along the serene bay, this enchanting property offers a truly magical experience with its breathtaking views. Imagine waking up to the gentle sound of waves, sipping your morning coffee and witnessing the breathtaking sunsets paint the horizon with a myriad of colors each evening. As you step into this stunning home, you'll immediately be captivated by the sense of space and comfort it exudes. Boasting 5 generously-sized bedrooms and 3 full baths, this residence provides ample room for gatherings. This waterfront gem is conveniently situated within close proximity to the town's vibrant offerings. From fine dining establishments and boutique shopping to a rich arts scene and recreational activities, you'll find an abundance of entertainment options that perfectly complement your waterfront lifestyle.
Last Agent to Sell the Property
Stefany Medina
RE/MAX Select License #2189389 Listed on: 08/06/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,053
Lot Details
- 0.33 Acre Lot
- Lot Dimensions are 103x140
- Property Fronts a Bay or Harbor
- Fenced
Parking
- 1 Car Attached Garage
- Driveway
Home Design
- Raised Ranch Architecture
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Curved or Spiral Staircase
- Ceiling height of 9 feet on the main level
- Ceiling Fan
- Skylights
- Recessed Lighting
- Sliding Doors
- Living Room
- Combination Kitchen and Dining Room
- Bay Views
- Crawl Space
- Laundry Room
Kitchen
- Eat-In Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Wood
- Wall to Wall Carpet
- Porcelain Tile
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Home Security
- Home Security System
- Intercom
Pool
- In Ground Pool
- Outdoor Pool
Outdoor Features
- Bulkhead
- Balcony
- Patio
Schools
- Long Branch Middle School
- Long Branch High School
Utilities
- Zoned Heating and Cooling
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 27-00452-0000-00039
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 6, 2023
Closed on
Oct 2, 2023
Sold by
Salimbene Nicholas S and Salimbene Judith A
Bought by
Cowan Adam
Seller's Agent
Stefany Medina
RE/MAX Select
Buyer's Agent
Susan DeRosa
Prominent Properties Sotheby's
List Price
$875,000
Sold Price
$935,000
Premium/Discount to List
$60,000
6.86%
Views
46
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,865
Avg. Annual Appreciation
9.89%
Original Mortgage
$701,250
Interest Rate
7.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 12, 1992
Bought by
Salimbene Nicholas and Salimbene Judith A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cowan Adam | $935,000 | Evident Title Agency | |
| Cowan Adam | $935,000 | Evident Title Agency | |
| Salimbene Nicholas | $132,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cowan Adam | $710,000 | |
| Closed | Cowan Adam | $701,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/02/2023 10/02/23 | Sold | $935,000 | +6.9% | $423 / Sq Ft |
| 08/11/2023 08/11/23 | Pending | -- | -- | -- |
| 08/06/2023 08/06/23 | For Sale | $875,000 | 0.0% | $396 / Sq Ft |
| 08/01/2023 08/01/23 | Price Changed | $875,000 | -- | $396 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $14,268 | $936,000 | $599,900 | $336,100 |
| 2024 | $15,207 | $928,300 | $559,900 | $368,400 |
| 2023 | $15,207 | $979,200 | $544,900 | $434,300 |
| 2022 | $13,053 | $694,100 | $311,500 | $382,600 |
| 2021 | $13,053 | $652,300 | $294,500 | $357,800 |
| 2020 | $13,276 | $635,200 | $279,500 | $355,700 |
| 2019 | $12,942 | $615,700 | $276,500 | $339,200 |
| 2018 | $12,754 | $603,300 | $276,500 | $326,800 |
| 2017 | $11,995 | $582,000 | $261,500 | $320,500 |
| 2016 | $11,597 | $573,800 | $261,500 | $312,300 |
| 2015 | $9,592 | $430,700 | $184,600 | $246,100 |
| 2014 | $8,606 | $407,300 | $207,000 | $200,300 |
Source: Public Records
Agents Affiliated with this Home
-
-
Susan DeRosa
Buyer's Agent in 2023
Susan DeRosa
Prominent Properties Sotheby's
(973) 489-5088
1 in this area
16 Total Sales
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22321056
APN: 27-00452-0000-00039
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