NOT LISTED FOR SALE

55 S 5th Ave Long Branch, NJ 07740

Estimated Value: $597,000 - $773,000

3 Beds
2 Baths
1,504 Sq Ft
$447/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $570,000 $379 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,317/month

51 Days on Market

About This Home

As of September 2021

2 homes on own lot in Long Branch. Separate meters for gas, electric and water. Sale is as is and buyer handles the C/O to close. Minutes from shopping, Pier Village, beaches, & public transportation.

Last Agent to Sell the Property

Maurice Snell

RE/MAX Synergy License #1973988 Listed on: 06/13/2021

RE/MAX Synergy

Last Buyer's Agent

Maurice Snell

RE/MAX Synergy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,451

Year Built

  • Built in 1920

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 50 x 161

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Slab Foundation

Interior Spaces

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

Schools

  • Anastasia Elementary School
  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for water, gas, electricity
  • Assessor Parcel Number 27-00231-0000-00026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,451

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1920
  • 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: 50 x 161
  • Location Middle School: Long Branch
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Slab
  • Basement: Yes
  • Stories: 2
  • Full Basement: Yes
  • Basement:Slab: Yes

Exterior Features

  • Acres: 0.18
  • Waterfront: No

Garage/Parking

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

Utilities

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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50 x 161
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00231-0000-00026
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Gas, Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7451.0
  • Tax Other Annual Assessment Amount: 358900.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Anastasia
  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2021
Closed on
Sep 30, 2021
Sold by
Kalia Singh Meenu and Kalia Meenu
Bought by
Kaur Manjeet
Seller's Agent
Maurice Snell
RE/MAX Synergy
Buyer's Agent
Maurice Snell
RE/MAX Synergy
List Price
$575,000
Sold Price
$570,000
Premium/Discount to List
-$5,000
-0.87%
Current Estimated Value
$672,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,603
Avg. Annual Appreciation
4.07%
Original Mortgage
$370,000
Outstanding Balance
$284,324
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$388,279

Purchase Details

Closed on
Oct 3, 2011
Sold by
Singh Kamal
Bought by
Kalia Meenu

Purchase Details

Closed on
Jun 2, 2000
Sold by
Belas Anagiros
Bought by
Singh Kamal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,950
Interest Rate
8.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kaur Manjeet $570,000 Trident Abstract Ttl Agcy Ll
Kalia Meenu -- Coastal Title Agency Inc
Singh Kamal $144,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaur Manjeet $370,000
Previous Owner Singh Kamal $139,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $570,000 -0.9% $379 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $575,000 -- $382 / 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
2025 $9,179 $644,600 $244,900 $399,700
2024 $8,385 $597,200 $214,900 $382,300
2023 $8,385 $539,900 $174,900 $365,000
2022 $7,182 $461,400 $139,900 $321,500
2021 $7,451 $358,900 $120,900 $238,000
2020 $7,451 $356,500 $119,900 $236,600
2019 $7,054 $335,600 $109,900 $225,700
2018 $7,492 $354,400 $101,900 $252,500
2017 $6,960 $337,700 $89,900 $247,800
2016 $6,797 $336,300 $94,900 $241,400
2015 $5,042 $226,400 $98,200 $128,200
2014 $4,731 $223,900 $110,100 $113,800
Source: Public Records

Agents Affiliated with this Home

  • Maurice Snell

    Seller's Agent in 2021

    Maurice Snell

    RE/MAX

    (732) 978-0909

    10 in this area

    37 Total Sales

    Maurice Snell
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22117644

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00231-0000-00026

New Jersey Monmouth County Long Branch 07740

55 S 5th Ave, Long Branch, NJ

Not Listed for Sale

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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