NOT LISTED FOR SALE

586 Russell Ave Long Branch, NJ 07740

Estimated Value: $549,000 - $658,000

5 Beds
3 Baths
1,505 Sq Ft
$397/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $320,000 $213 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,928/month

22 Days on Market

Highlights

  • Deck
  • Attic
  • Storm Windows
  • Wood Flooring
  • 1 Car Attached Garage
  • Zoned Heating

About This Home

As of October 2017

Two houses on one piece of property. Front house has 3 BR's + 2 full baths. Lease expires May 31, 2018 $1,500 + util. Back house has 2 BR's + 1 bath. Lease expires April 30, 2018 $1,000 + util. Great investment property. Owner pays sewer + taxes.

Last Listed By

Margaret Camassa

Camassa Agency Inc License #9132049 Listed on: 08/01/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,063

Year Built

  • 1920

Lot Details

  • Lot Dimensions are 39 x 150
  • Fenced
  • Level Lot

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Aluminum Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Window Screens
  • Basement Fills Entire Space Under The House
  • Stove
  • Washer and Dryer Hookup
  • Attic

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Zoned Heating
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenant's personal property
  • Tenant pays for hot water, water, heat, gas, electricity
  • The owner pays for yard maintenance, snow removal, sewer
  • Assessor Parcel Number 27-00247-0000-00014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,063

Year Built

1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, Wood, Ceramic Tile
  • Reso Interior Features: Attic
  • 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: 39 x 150
  • Location Middle School: Long Branch
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Storm Window: Yes
  • SidingAluminum: Yes
  • Interior Attic: Yes
  • Exterior Storm Door(s): Yes
  • ExteriorDeck: Yes
  • Siding Stucco - Cement: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Exterior Screens2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 2 Washer Hookup2: Yes
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Basement: Full, Slab
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes
  • Basement:Slab: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Tenant's personal property
  • Construction Type: Aluminum Siding, Stucco
  • Exterior Features: Deck, Fence, Storm Door(s), Storm Window, Screens, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: On Street
  • General Property Info:Garage: Yes
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 39 x 150
  • Parcel #: 27-00247-0000-00014

Rental Info

  • Tenant Pays: Hot Water, Water, Heat, Gas, Electricity
  • Owner Pays: See Remarks, Yard Maintenance, Snow Removal, Sewer

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7063.0
  • Tax Other Annual Assessment Amount: 342700.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2017
Closed on
Oct 11, 2017
Sold by
Russell Avenue Llc
Bought by
Lens Adrian M and Lens Paul G
Seller's Agent
Margaret Camassa
Camassa Agency Inc
Buyer's Agent
Dino DeMoro
Keller Williams Realty Central Monmouth
Sold Price
$320,000
Total Days on Market
22
Current Estimated Value
$597,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,418
Avg. Annual Appreciation
8.60%
Original Mortgage
$240,000
Outstanding Balance
$202,910
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$394,508

Purchase Details

Closed on
May 1, 2014
Sold by
Skove Cecilia
Bought by
Russell Avenue Llc

Purchase Details

Closed on
Sep 5, 2013
Sold by
Skove John and Skove Cecilia
Bought by
Skove Cecilia

Purchase Details

Closed on
Sep 24, 2002
Sold by
Verrochi Michael
Bought by
Skove John and Skove Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,900
Interest Rate
6.09%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in Long Branch, NJ

  • 689 Broadway, Long Branch, NJ 07740

    $749,000

    • 4 Beds
    • 3 Baths
    • 2,092 Sq Ft
    • 689 Broadway
    • Long Branch, NJ

    ''A Shore Thing: Prime Two-Family Opportunity on the Coveted Long Branch/West Long Branch Border - Endless Possibilities Await.''''Escape the city bustle and discover an exceptional investment opportunity in a location prized for its coastal charm and convenient access. Situated at 689 Broadway in Long Branch, perfectly positioned on the desirable border with West Long Branch, this sunny

    Roberto Muolo A Mancini Realty

    Section Image
  • 288 Morris Ave, Long Branch, NJ 07740

    $639,000

    • 4 Beds
    • 2 Baths
    • 288 Morris Ave
    • Long Branch, NJ

    Great opportunity to invest in Long Branch! This two family homes has two units, the top floor is a 2 bedroom 1 bath, and the 1st floor has a 1 bedroom 1 bath, which could be converted easily into a 2 bedroom. Both units have long term great tenants in place. Great location with plenty of upside, this 2 family will make a great addition to your portfolio.

    Josh Starner Sackman Realty

    Section Image
See All Homes in Long Branch

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
Lens Adrian M $320,000 Red Key Title
Russell Avenue Llc -- None Available
Skove Cecilia -- None Available
Skove John $239,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lens Adrian M $240,000
Previous Owner Skove John $191,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2017 10/30/17 Sold $320,000 -- $213 / 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
2024 $7,010 $495,700 $181,400 $314,300
2023 $7,010 $451,400 $151,400 $300,000
2022 $7,276 $405,700 $141,400 $264,300
2021 $7,276 $363,600 $116,400 $247,200
2020 $7,275 $348,100 $102,400 $245,700
2019 $6,909 $328,700 $94,400 $234,300
2018 $7,369 $348,600 $87,400 $261,200
2017 $7,063 $342,700 $86,400 $256,300
2016 $6,894 $341,100 $91,400 $249,700
2015 $5,855 $262,900 $93,300 $169,600
2014 $5,401 $255,600 $105,000 $150,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Margaret Camassa

    Camassa Agency Inc

  • Dino DeMoro

    Buyer's Agent in 2017

    Dino DeMoro

    Keller Williams Realty Central Monmouth

    (732) 771-3881

    1 in this area

    71 Total Sales

    Dino DeMoro
    Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21729926

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00247-0000-00014

New Jersey Monmouth County Long Branch 07740

586 Russell Ave, Long Branch, NJ

Homes for Sale in Long Branch, NJ

This home is located at 586 Russell Ave, Long Branch, NJ 07740 since 01 August 2017 and is currently estimated at $597,418, approximately $396 per square foot. This property was built in 1920. 586 Russell Ave is a home located in Monmouth County with nearby schools including Long Branch High School and Holy Trinity School.

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.

Nearby Homes