NOT LISTED FOR SALE

60 Pavilion Ave Long Branch, NJ 07740

Estimated Value: $912,000 - $1,249,000

-- Bed
3 Baths
2,574 Sq Ft
$407/Sq Ft Est. Value

Last Sold July 20, 2012

Last sale price $465,000 $181 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $6,524/month

212 Days on Market

About This Home

As of July 2012

GREAT INVESTMENT PROPERTY 2 Houses Rent all units or occupy one unit - Newly Renovated 2BR, 1.5 BA Single Fam, LR, DR, Walk-In Closet, Utility Rm, Wash, Dryer, 2Fam has 2 Apts, UPSTAIRS has 1BR, 1Full BA, EIK W/DW, DOWNSTAIRS 1BR, 1Full BA, Kit W/Dinette, Dishwasher, Dryer, Washer, LR, Lg Heated Porch, Lots of Windows, Half Acre Property w/2 Driveways, Lg Parking Area, Great Yard. Ideally located 1.5 Blks from Beach & 1 Blk from Monmouth Medical Ctr, Near Transportation, Shopping & Restaurants

Last Agent to Sell the Property

Barry Kantrowitz

Barry Associates Listed on: 10/17/2011

Last Buyer's Agent

Barry Kantrowitz

C21/ Solid Gold Realty License #7815596

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,775

Year Built

  • Built in 1947

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 90x250

Parking

  • 5 Parking Spaces

Home Design

  • 2,574 Sq Ft Home

Schools

  • Anastasia Elementary School
  • 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

  • Assessor Parcel Number 270021400000000201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,775

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multiple Buildings
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1947
  • Contract Info List PriceSqFt: 193.86
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 90X250
  • Location Middle School: Long Branch
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Parking Spaces: 5.0
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: No
  • BasementOther: Yes

Exterior Features

  • Acres: 0.52
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Total Parking Spaces: 5.0
  • 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: 90X250
  • Lot Size Sq Ft: 22651.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 270021400000000201
  • Zoning Description: Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 8775.0
  • Tax Other Annual Assessment Amount: 467500.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Anastasia
  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2024
Sold by
Berkowitz Michael
Bought by
Pavilion Realty Holdings Llc
Current Estimated Value
$1,048,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,250
Outstanding Balance
$739,622
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$308,760

Purchase Details

Listed on
Oct 17, 2011
Closed on
Jul 15, 2012
Sold by
Edgemere Associates Lp
Bought by
Berkowitz Michael
Seller's Agent
Barry Kantrowitz
Barry Associates
Buyer's Agent
Barry Kantrowitz
C21/ Solid Gold Realty
Sold Price
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$348,750
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2009
Sold by
Pollock Maurice and Walsh Michael D
Bought by
Edgemere Associates Lp and Bendemere Associates Lp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pavilion Realty Holdings Llc $999,990 None Listed On Document
Pavilion Realty Holdings Llc $999,990 None Listed On Document
Berkowitz Michael $465,000 None Available
Edgemere Associates Lp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pavilion Realty Holdings Llc $746,250
Closed Pavilion Realty Holdings Llc $746,250
Previous Owner Berkowitz Michael $348,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2012 07/20/12 Sold $465,000 -- $181 / 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 $11,846 $860,500 $212,500 $648,000
2024 $11,469 $770,700 $172,500 $598,200
2023 $11,469 $738,500 $167,500 $571,000
2022 $11,236 $650,500 $147,500 $503,000
2021 $11,236 $561,500 $122,500 $439,000
2020 $11,265 $539,000 $102,500 $436,500
2019 $10,905 $518,800 $102,500 $416,300
2018 $10,644 $503,500 $102,500 $401,000
2017 $10,221 $495,900 $102,500 $393,400
2016 $9,816 $485,700 $102,500 $383,200
2015 $10,082 $452,700 $106,100 $346,600
2014 $9,363 $443,100 $125,100 $318,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21138520

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00214-0000-00002-01