NOT LISTED FOR SALE

550 2nd Ave Long Branch, NJ 07740

Estimated Value: $1,077,000 - $1,257,000

4 Beds
2 Baths
1,544 Sq Ft
$752/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $890,500 $577 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,276/month

22 Days on Market

Highlights

  • Colonial Architecture
  • Granite Countertops
  • Forced Air Zoned Heating and Cooling System
  • Wood Flooring
  • No HOA
  • 4-minute walk to West End Park

About This Home

As of October 2021

Incredible opportunity to own this very unique & rare find in the highly desirable section of West End, Long Branch. As you walk in through the front door you will be welcomed by the open concept & gorgeous renovations. Stunning sparkling granite counters in the kitchen with stainless steel appliance package. Hardwood floors throughout first level with modern recessed lighting. Upstairs offers all 4 bedrooms. 2zone central air & newer windows will keep the utilities as efficient as possible. 550 2nd Ave sits on a DOUBLE lot with so much potential. Build your backyard oasis w/ a pool & tennis court OR make the most of your investment and add a back house w/ entry from Hulick St. Large stone driveway to accommodate many cars.

Last Agent to Sell the Property

Samantha Scheer

G & G Agency Inc License #0896688 Listed on: 08/04/2021

Last Buyer's Agent

Milo Sutton

G & G Agency Inc License #0458608

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,687

Year Built

  • Built in 1930

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 50 x 282

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • Paved Parking

Schools

  • Long Branch Middle School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 27-00131-0000-00012

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,687

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inclusions: Washer, Dishwasher, Dryer, Microwave, Refrigerator, Gas Cooking
  • Subdivision Name: None
  • Architectural Style: Colonial
  • Reso Flooring: W/W Carpet, Wood
  • Year Built: 1930
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Acreage: 0.32
  • General Property Info Lot Dimensions: 50 x 282
  • Location Middle School: Long Branch
  • Living Room Floor - Wood2: Yes
  • Dining Room Floor - Wood3: Yes
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Kitchen GraniteStone Counter: Yes
  • Cooling 2 Zoned AC: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.32
  • Waterfront: No
  • Exterior Features: Other
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, Driveway
  • General Property Info:Garage: No
  • Parking Driveway: Yes
  • Parking:Gravel2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50 x 282
  • Lot Size Sq Ft: 13939.2
  • Parcel #: 27-00131-0000-00012

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9687.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2021
Closed on
Oct 14, 2021
Sold by
Chen Jesse
Bought by
Weber Martin and Weber Ronit
Seller's Agent
Samantha Scheer
G & G Agency Inc
Buyer's Agent
Milo Sutton
G & G Agency Inc
List Price
$950,000
Sold Price
$890,500
Premium/Discount to List
-$59,500
-6.26%
Current Estimated Value
$1,160,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,051
Avg. Annual Appreciation
6.92%
Original Mortgage
$548,250
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2018
Closed on
Mar 8, 2019
Sold by
Zafrani Marc
Bought by
Chen Jesse
Seller's Agent
Raymond Mizrahi
A Realty Group, LLC
Buyer's Agent
Samantha Scheer
G & G Agency Inc
Sold Price
$468,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.02%
Original Mortgage
$425,700
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2017
Closed on
Sep 29, 2017
Sold by
Wells Fargo Bank Banc Of America Alterna
Bought by
Zafrani Marc
Seller's Agent
Henry Eisenstein
Keller Williams Realty East Monmouth
Buyer's Agent
Henry Eisenstein
Striker Realty
Sold Price
$248,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.88%

Purchase Details

Closed on
Jul 14, 2017
Sold by
Monmouth County Sheriff
Bought by
Wells Fargo Bank

Purchase Details

Closed on
Jun 29, 2005
Sold by
Thomas Edith Cattanach
Bought by
Policastro Jennifer and Policastro James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 1, 2000
Sold by
Policastro James
Bought by
Maleh Sesar and Maleh Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
9.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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
Weber Martin $890,500 Town Title Agency
Chen Jesse $473,000 First American Title
Zafrani Marc $248,325 Concord Title
Wells Fargo Bank $1,000 --
Policastro Jennifer $340,000 --
Maleh Sesar $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weber Martin $548,250
Previous Owner Chen Jesse $425,700
Previous Owner Maleh Sesar $378,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $890,500 0.0% $577 / Sq Ft
09/06/2021 09/06/21 Rented $23,068 0.0% --
08/26/2021 08/26/21 Pending -- -- --
08/17/2021 08/17/21 Price Changed $925,000 -2.6% $599 / Sq Ft
08/04/2021 08/04/21 For Sale $950,000 0.0% $615 / Sq Ft
12/02/2020 12/02/20 Under Contract -- -- --
10/22/2020 10/22/20 For Rent $2,600 -88.4% --
09/07/2020 09/07/20 Rented $22,500 +12.5% --
06/14/2020 06/14/20 Rented $20,000 -9.1% --
05/13/2020 05/13/20 Under Contract -- -- --
03/28/2020 03/28/20 Under Contract -- -- --
01/20/2020 01/20/20 For Rent $22,000 +780.0% --
10/06/2019 10/06/19 For Rent $2,500 -87.5% --
06/02/2019 06/02/19 Rented $20,000 0.0% --
03/11/2019 03/11/19 Sold $468,500 +88.7% $303 / Sq Ft
10/04/2017 10/04/17 Sold $248,325 0.0% $161 / Sq Ft
01/11/2013 01/11/13 Rented $1,900 -- --
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 $13,478 $923,700 $422,800 $500,900
2024 $12,115 $876,900 $397,800 $479,100
2023 $12,115 $780,100 $322,800 $457,300
2022 $9,689 $561,600 $266,300 $295,300
2021 $9,689 $484,200 $194,300 $289,900
2020 $9,687 $463,500 $175,300 $288,200
2019 $7,471 $355,400 $175,300 $180,100
2018 $7,458 $352,800 $179,300 $173,500
2017 $7,038 $341,500 $171,300 $170,200
2016 $6,914 $342,100 $176,300 $165,800
2015 $4,786 $214,900 $94,300 $120,600
2014 $4,803 $227,300 $120,300 $107,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22125311

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00131-0000-00012