NOT LISTED FOR SALE

7 Clarence Ave Long Branch, NJ 07740

Estimated Value: $1,085,000 - $1,789,000

4 Beds
2 Baths
2,232 Sq Ft
$617/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $700,000 $314 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $8,756/month

60 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Double-Wide Driveway
  • Attic
  • Screened Porch
  • 1-minute walk to Van Court Park

About This Home

As of March 2021

Great Two Family home located in the heart of Long Branch. Large wrap around porch. Each unit offers two Bedrooms, Kitchen, Living Room and Full Bath. Apartments are bright and airy. Large two car garage. Very large, private lot. Very long driveway, that allows for lots of extra parking. Close to the University, schools, shopping and transportation.

Last Agent to Sell the Property

Barbara Bahary

G & G Agency Inc License #1111686 Listed on: 08/27/2020

Last Buyer's Agent

Barbara Bahary

G & G Agency Inc License #1111686 Listed on: 08/27/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,088

Year Built

  • Built in 1940

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 112 x 125
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Double-Wide Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 4 Bedrooms
  • 2-Story Property
  • Recessed Lighting
  • 1 Fireplace
  • Thermal Windows
  • Window Screens
  • Screened Porch
  • Storage
  • Wood Flooring
  • Storm Doors
  • Attic

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Long Branch Middle School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 27-00068-0000-00003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,088

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet, Wood
  • Reso Interior Features: Attic, Cable TV, Locked Storage, Recessed Lighting
  • New Construction: No
  • Year Built: 1940
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 112 x 125
  • Location Middle School: Long Branch
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • General Property Info # Fireplaces: 1.0
  • Interior Attic: Yes
  • Interior Recessed Lighting: Yes
  • Exterior Thermal Window: Yes
  • Exterior Storm Door(s): Yes
  • Garage Oversized: Yes
  • Exterior Porch - Screened: Yes
  • Garage Storage Above: Yes
  • Parking Double Wide: Yes
  • Exterior Screens2: Yes
  • Interior Locked Storage: Yes
  • Cooling 2 Zoned AC: Yes
  • Special Features: None

Interior Features

  • Basement: Walk-Out Access, Full
  • Basement: Yes
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 2
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Features Interior:Cable TV: Yes

Exterior Features

  • Acres: 0.32
  • Waterfront: No
  • Exclusions: Personal Property
  • Exterior Features: Patio, Porch - Screened, Storm Door(s), Thermal Window, Screens, Lighting
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Paved, Off Street, On Street, Double Wide, Detached, Oversized, Storage
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes
  • Parking:Paved2: Yes

Utilities

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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 112 x 125
  • Lot Size Sq Ft: 13939.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00068-0000-00003
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10088.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Mar 4, 2021
Sold by
Shammah Morris
Bought by
Zayat Jack and Zayat Susan
Seller's Agent
Barbara Bahary
G & G Agency Inc
Buyer's Agent
Barbara Bahary
G & G Agency Inc
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Current Estimated Value
$1,377,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$677,471
Avg. Annual Appreciation
15.93%
Original Mortgage
$550,000
Outstanding Balance
$495,506
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$881,965

Purchase Details

Closed on
Jul 16, 2014
Sold by
Danziger Joseph and Danziger Julie
Bought by
Shammah Morris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 2007
Sold by
Danziger Isaac and Danziger Erika
Bought by
Danziger Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,250
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2002
Sold by
Cavaliere Tina
Bought by
Danziger Issac and Danziger Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,600
Interest Rate
6.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 1997
Sold by
Gehring Donald
Bought by
Cavaliere Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.76%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Zayat Jack $700,000 All Ahead Title Agency Llc
Zayat Jack $700,000 Chicago Title
Shammah Morris $370,000 None Available
Danziger Joseph -- None Available
Danziger Issac $352,000 --
Cavaliere Tina $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zayat Jack $550,000
Closed Zayat Jack $550,000
Previous Owner Shammah Morris $296,000
Previous Owner Danziger Joseph $388,250
Previous Owner Danziger Issac $281,600
Previous Owner Cavaliere Tina $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2021 03/08/21 Sold $700,000 -6.7% $314 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $750,000 -- $336 / 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 $17,431 $1,311,600 $877,000 $434,600
2024 $16,310 $1,134,100 $718,400 $415,700
2023 $16,310 $1,050,200 $653,400 $396,800
2022 $11,164 $695,600 $379,600 $316,000
2021 $11,164 $557,900 $308,600 $249,300
2020 $10,941 $523,500 $275,600 $247,900
2019 $10,088 $479,900 $243,600 $236,300
2018 $9,405 $444,900 $217,200 $227,700
2017 $8,627 $418,600 $195,200 $223,400
2016 $8,626 $426,800 $209,200 $217,600
2015 $7,365 $330,700 $169,200 $161,500
2014 $7,924 $375,000 $189,200 $185,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22030316

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00068-0000-00003