NOT LISTED FOR SALE

70 Morris Ave Unit 1 and 2 Long Branch, NJ 07740

Estimated Value: $756,000 - $977,000

2 Beds
1 Bath
-- Sq Ft
8,276 Sq Ft Lot

Last Sold December 10, 2020

Last sale price $600,000

Est. 46% increase in value since last sale

Current estimated payment $5,546/month

27 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating Available

About This Home

As of December 2020

NO SHOWINGS UNTIL 8/31 COMING SOON!
Location,Location,Location!
2 blocks from the beach.2 family .2 bed rm upsatirs and 2 bed rooms down stairs.They are in need of rehaping.Calling all flippers,builders,home owner and investors.This property has many ways to invest .You can rehab it.Rent it out year round or Sunner rental.Live in onre ,rent the other side out or take it down and build a new home.This is an AS IS SALE.C of O responsabilty of buyer.5 houes from the beach. lot size 40 x 220. zonedR8.flood zone X 500.bed rm 2 is 6x10 in both apartments more of a study.Sq. footage in total is 1824.

Last Listed By

JoAnn Wiener

Heritage House Sotheby's International Realty Listed on: 08/21/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,964

Year Built

  • Built in 1920

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 40 x 210

Parking

  • 5 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Long Branch Middle School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 27-00220-0000-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,964

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Flooring: Wood
  • New Construction: No
  • Year Built: 1920
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40 x 210
  • Location Middle School: Long Branch
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • General Property Info Handicap Access: No
  • General Property Info # Parking Spaces: 5.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Acres: 0.19
  • 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
  • Heating: Other, See Remarks
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 40 x 210
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00220-0000-00007
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6964.0
  • Tax Other Annual Assessment Amount: 352300.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Nov 3, 2020
Sold by
Beisser Janice Ruth and Beisser James Alan
Bought by
Mcevoy Paul and Mcevoy Nancy
Seller's Agent
JoAnn Wiener
Heritage House Sotheby's International Realty
Buyer's Agent
JoAnn Wiener
Murphy Realty Preferred Homes
List Price
$565,000
Sold Price
$600,000
Premium/Discount to List
$35,000
6.19%
Total Days on Market
27
Current Estimated Value
$875,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,136
Avg. Annual Appreciation
8.87%

Purchase Details

Listed on
Aug 21, 2020
Closed on
Oct 30, 2020
Sold by
Beisser Michele and Estate Of Lewis Beisser
Bought by
Beisser Janice Ruth and Beisser James Alan
Seller's Agent
JoAnn Wiener
Heritage House Sotheby's International Realty
Buyer's Agent
JoAnn Wiener
Murphy Realty Preferred Homes
List Price
$565,000
Sold Price
$600,000
Premium/Discount to List
$35,000
6.19%

Purchase Details

Listed on
Aug 21, 2020
Closed on
Oct 20, 2020
Sold by
Beisser Lewis and Beisser Michele
Bought by
Beisser Janice Ruth and Beisser James Alan
Seller's Agent
JoAnn Wiener
Heritage House Sotheby's International Realty
Buyer's Agent
JoAnn Wiener
Murphy Realty Preferred Homes
List Price
$565,000
Sold Price
$600,000
Premium/Discount to List
$35,000
6.19%

Purchase Details

Closed on
Apr 17, 2008
Sold by
Beisser John C
Bought by
Beisser Lewis James

Range of Values:

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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
Mcevoy Paul $600,000 Mega Title Llc
Beisser Janice Ruth -- Mega Title Llc
Beisser Janice Ruth -- Mega Title
Beisser Lewis James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beisser James A $89,854
Previous Owner Beisser Lewis J $200,000
Previous Owner Maturana Carlos A $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2020 12/10/20 Sold $600,000 +6.2% --
09/17/2020 09/17/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $565,000 -- --
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 $8,052 $575,100 $210,000 $365,100
2023 $8,052 $518,500 $170,000 $348,500
2022 $7,096 $442,000 $135,000 $307,000
2021 $7,096 $354,700 $116,000 $238,700
2020 $7,363 $352,300 $115,000 $237,300
2019 $6,964 $331,300 $105,000 $226,300
2018 $6,659 $315,000 $97,000 $218,000
2017 $6,158 $298,800 $85,000 $213,800
2016 $6,029 $298,300 $90,000 $208,300
2015 $6,305 $283,100 $80,000 $203,100
2014 $5,711 $270,300 $90,000 $180,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22029255

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00220-0000-00007