NOT LISTED FOR SALE

701 Broadway Long Branch, NJ 07740

Estimated Value: $531,497 - $701,000

6 Beds
4 Baths
2,630 Sq Ft
$234/Sq Ft Est. Value

Last Sold September 13, 2013

Last sale price $330,000 $125 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,599/month

471 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Radiator

About This Home

As of September 2013

JUST PASSED 5 YEAR STATE INSPECTION! NO ''SANDY'' DAMAGE.INVESTMENT PROPERTY(comm. zone)NEW ASSESSMENT IS $565,000,.MAIN HOUSE HAS 3 UNITS AND THE BACK BUNGALOW IS A 2 BEDRM W/SEPERATE UTILIT(GAS HEAT,ELEC AND WATER).FURNACE AND ROOF UNDER 10YRS OLD. TENANTS PAY ELEC,PHONE, CABLE AND COOKING GAS(apt 3) IN MAIN 3FAMILY HOUSE.Front has (3)100 amp elec panels.Cottage has its own 100amp elec panel.oil tank in Basement.ELEC UPGRADED IN UNIT 3.Buyers must have pre-approval from lender.POSITVE $$ FLOW

Last Agent to Sell the Property

Susan Eisele

Homes of Distinction Real Estate Listed on: 04/11/2012

Last Buyer's Agent

Yan Anderson

Coldwell Banker Team Success

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,068

Year Built

  • Built in 1903

Lot Details

  • Lot Dimensions are 80x150

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

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

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • On-Street Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Exterior Lighting

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil Above Ground
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for yard maintenance, sewer
  • Assessor Parcel Number 00238000100015

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $12
  • Fuel Expense $728
  • Insurance Expense $4,213
  • Water Sewer Expense $2,480
  • Gross Income $49,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,068

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Subdivision Name: None
  • Reso Flooring: W/W Carpet, Wood
  • Year Built: 1903
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 80X150
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • ExteriorDeck: Yes
  • Heating Oil Above Ground: Yes
  • General Property Info # Parking Spaces: 3.0
  • Income Expenses Electric Expense: 12.0
  • Income Expenses Insurance Expense: 4213.0
  • Income Expenses WaterSewer Expense: 2480.0
  • Income Expenses Gross Income2: 49200.0
  • Unit 4 Gas Stove10: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 Electric Stove: Yes
  • Income Expenses Gas Expense: 728.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Total Bedrooms: 6
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exterior Features: Deck, Lighting

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, On Street, Assigned
  • Total Parking Spaces: 3.0
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes
  • Parking:Assigned2: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator, Oil Above Ground
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Fee Information

  • Annual Water Sewer Expense: 2480.0

Lot Info

  • Lot Dimensions: 80X150
  • Parcel #: 00238000100015
  • Zoning Description: Professional, Commercial

Rental Info

  • Tenant Pays: Electricity
  • Owner Pays: See Remarks, Yard Maintenance, Sewer

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 11068.0

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 12.0
  • Annual Gross Income: 49200.0
  • Insurance Expense: 4213.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2021
Sold by
G M Schoelkopf Realty Inc
Bought by
104 Myrtle Avenue Llc
Current Estimated Value
$616,249

Purchase Details

Closed on
Dec 8, 2006
Sold by
Horsman Robert G
Bought by
Gm Schoelkopf Realty Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
104 Myrtle Avenue Llc $350,000 Title Link Llc
104 Myrtle Avenue Llc $350,000 Title Links
Gm Schoelkopf Realty Inc $900,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2013 09/13/13 Sold $330,000 -- $125 / 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 $4,250 $306,500 $306,500 --
2024 $3,518 $276,500 $276,500 $0
2023 $3,518 $226,500 $226,500 $0
2022 $2,809 $160,400 $160,400 $0
2021 $2,809 $140,400 $140,400 $0
2020 $2,704 $129,400 $129,400 $0
2019 $2,741 $130,400 $130,400 $0
2018 $2,757 $130,400 $130,400 $0
2017 $2,688 $130,400 $130,400 $0
2016 $2,736 $135,400 $135,400 $0
2015 $3,042 $136,600 $136,600 $0
2014 $3,131 $148,200 $148,200 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Susan Eisele

    Homes of Distinction Real Estate

  • Y

    Buyer's Agent in 2013

    Yan Anderson

    Coldwell Banker Team Success

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21134069

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00238-0000-00002-02

New Jersey Monmouth County Long Branch 07740

701 Broadway, Long Branch, NJ

Not Listed for Sale

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.

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