$391,000
SOLD DEC 11, 2019

553 High St Long Branch, NJ 07740

-- Bed
-- Bath
1,214 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$322 Per Sq Ft

11 Days on Market

About This Home

As of April 2025

Great Investment Property! Well kept 3 Family with 2 Units in Front House & Cottage in rear. ALL UNITS HAVE SEPARATE UTILITIES! Full basement in Front with washer/dryer, new hot water heater, plenty of storage. Rear cottage has new roof, w/d hookup, eat-in Kitchen with pantry, skylight, and sliders to private patio area. Minutes to Long Branch beaches and Monmouth Park Racetrack. Close to major roads and transportation. Being sold AS IS. ALL UNITS ARE TENANT OCCUPIED!

Last Agent to Sell the Property

Deborah Pavlis

Jamie Pavlis Real Estate, Inc. License #1110543 Listed on: 09/23/2019

Last Buyer's Agent

Thomas Tvrdik

RE/MAX Gateway License #1649035

RE/MAX Gateway

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,500

Year Built

  • Built in 1909

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Siding

Kitchen

  • Stove
  • Dishwasher

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space
  • Basement Storage

Parking

  • 2 Parking Spaces
  • No Garage
  • On-Street Parking
  • Off-Street Parking

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • 2-Story Property
  • Lot Dimensions are 40 x 150

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 27-00164-0000-00015-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,500

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
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • General Property Info # Parking Spaces: 2.0
  • 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: Crawl Space, Full, Tenant Storage
  • Basement: Yes
  • Stories: 2
  • Full Basement: Yes
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, On Street, None
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 40 x 150
  • Parcel #: 27-00164-0000-00015-01
  • Zoning Description: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6500.0
  • Tax Other Annual Assessment Amount: 307500.0

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%
Views
33
Current Estimated Value
$631,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,716
Avg. Annual Appreciation
-24.10%
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

Range of Values:

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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 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: 21939096

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00164-0000-00015-01