$640,000
SOLD APR 11, 2025

553 High St Long Branch, NJ 07740

3 Beds
3 Baths
1,376 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$465 Per Sq Ft

8% Below List Price

14 Days on Market

About This Home

As of April 2025

Incredible investment opportunity in red hot Long Branch. Three family property, front house with 2 units and a cozy cottage in the rear of the property. Nicely maintained and updated through the years, separate utilities, conveniently located near shopping, major transportation, highways, & beaches. Fully occupied with steady income. Don't miss out on this turn-key investment.

Last Agent to Sell the Property

Thomas Tvrdik

RE/MAX Gateway License #1649035 Listed on: 04/12/2024

RE/MAX Gateway

Last Buyer's Agent

Thomas Tvrdik

RE/MAX Gateway License #1649035 Listed on: 04/12/2024

RE/MAX Gateway

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,481

Year Built

  • Built in 1909

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40 x 150

Home Design

  • Triplex

Interior Spaces

  • 1,376 Sq Ft Home
  • 2-Story Property

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Basement Storage

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Personal belongings
  • Assessor Parcel Number 27-00164-0000-00015-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,481

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1909
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40 x 150
  • Location Middle School: Long Branch
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Basement Tenant Storage: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 Dryer4: Yes
  • Unit 3 Washer4: Yes
  • Unit 3 Dishwasher2: Yes
  • Special Features: None

Interior Features

  • Basement: Partial, Tenant Storage
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 2
  • Basement:Partial: Yes

Exterior Features

  • Acres: 0.14
  • Waterfront: No
  • Exclusions: Personal belongings

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 40 x 150
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00164-0000-00015-01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7481.0
  • Tax Other Annual Assessment Amount: 481700.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Apr 16, 2025
Sold by
Healy Jaime and Compton-Healy Melissa Ann
Bought by
E & R Brothers Investment Llc
Seller's Agent
Thomas Tvrdik
RE/MAX Gateway
Buyer's Agent
Thomas Tvrdik
RE/MAX Gateway
List Price
$699,000
Sold Price
$640,000
Premium/Discount to List
-$59,000
-8.44%
Total Days on Market
14
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-37.80%
Original Mortgage
$384,000
Outstanding Balance
$384,000
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$203,573

Purchase Details

Listed on
Sep 23, 2019
Closed on
Nov 19, 2019
Sold by
Maher Richard
Bought by
Healy Jaime and Compton Healy Melissa Ann
Seller's Agent
Deborah Pavlis
Jamie Pavlis Real Estate, Inc.
Buyer's Agent
Thomas Tvrdik
RE/MAX Gateway
Sold Price
$391,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$293,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2009
Sold by
Enp Group Limited Liability Company
Bought by
Maher Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,756
Interest Rate
4.82%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $640,000 Chicago Title
Deed $640,000 Chicago Title
Deed $391,000 New Dawn Title Agency Llc
Bargain Sale Deed $375,000 Red Bank Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $384,000 New Conventional
Closed $384,000 New Conventional
Previous Owner $395,500 New Conventional
Previous Owner $293,250 New Conventional
Previous Owner $363,756 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $640,000 -8.4% $465 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $699,000 +78.8% $508 / Sq Ft
12/11/2019 12/11/19 Sold $391,000 0.0% $322 / Sq Ft
04/24/2012 04/24/12 Rented $10,200 -- --
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 $7,481 $507,000 $169,000 $338,000
2023 $7,481 $481,700 $159,000 $322,700
2022 $7,494 $400,900 $116,700 $284,200
2021 $7,494 $374,500 $108,700 $265,800
2020 $6,907 $330,500 $96,700 $233,800
2019 $6,676 $317,600 $94,700 $222,900
2018 $6,501 $307,500 $92,700 $214,800
2017 $6,191 $300,400 $89,700 $210,700
2016 $6,002 $297,000 $91,700 $205,300
2015 $6,616 $297,100 $93,600 $203,500
2014 $6,274 $296,900 $105,300 $191,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22409911

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00164-0000-00015-01