NOT LISTED FOR SALE

71 Grand Ave Long Branch, NJ 07740

Estimated Value: $697,448 - $786,000

8 Beds
3.5 Baths
2,214 Sq Ft
$337/Sq Ft Est. Value

Last Sold October 25, 2016

Last sale price $414,000 $187 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,871/month

7 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Oversized Parking
  • Double-Wide Driveway
  • Thermal Windows
  • Air Conditioning

About This Home

As of October 2016

Large 3 Family home with separate utilities except sewer. Live in one and let income help pay mortgage. Upgrades include all replacement windows - roof and siding replaced approx. 10 years ago.

Last Agent to Sell the Property

Margaret Camassa

Camassa Agency Inc License #9132049 Listed on: 07/14/2016

Last Buyer's Agent

Dot Schulze

Better Homes Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,075

Year Built

  • 1910

Lot Details

  • Fenced
  • Level Lot

Parking

  • 1 Car Detached Garage
  • Oversized Parking
  • Double-Wide Driveway

Home Design

  • Triplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Thermal Windows
  • Window Screens
  • Partial Basement
  • Storm Doors
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for hot water, water, heat, gas, electricity
  • The owner pays for yard maintenance, snow removal, sewer
  • Assessor Parcel Number 27-00248-0000-00023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,075

Year Built

1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • ResoLotFeatures: Fenced Area, Level
  • Subdivision Name: None
  • Reso Flooring: Wood, Ceramic Tile
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Long Branch
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Exterior Thermal Window: Yes
  • Exterior Storm Door(s): Yes
  • Garage Oversized: Yes
  • Parking Double Wide: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Exterior Screens2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 AC Unit3: Yes
  • Unit 3 Dryer Hookup: Yes
  • Unit 3 Water Heater3: Yes
  • Unit 3 Water Meter: Yes
  • Unit 3 Dryer4: Yes
  • Unit 3 Washer4: Yes
  • Special Features: None
  • Year Built: 1910

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Stories: 3
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Personal Property
  • Exterior Features: Fence, Storm Door(s), Thermal Window, Screens
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Double Wide, Detached, Oversized
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: HWBB
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Parcel #: 27-00248-0000-00023

Rental Info

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

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 7075.0
  • Tax Other Annual Assessment Amount: 350100.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2016
Closed on
Nov 7, 2016
Sold by
Irma Malave
Bought by
Ohearn Timothy
Seller's Agent
Margaret Camassa
Camassa Agency Inc
Buyer's Agent
Dot Schulze
Better Homes Realty
Sold Price
$414,000
Total Days on Market
7
Current Estimated Value
$746,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,112
Avg. Annual Appreciation
7.09%
Original Mortgage
$289,800
Interest Rate
3.54%

Purchase Details

Closed on
Mar 23, 2010
Sold by
Malave Jose A
Bought by
Malave Irma

Purchase Details

Closed on
Nov 8, 2007
Sold by
Malave Antonio
Bought by
Malave Jose

Purchase Details

Closed on
Feb 23, 1996
Sold by
Rodrigues Manuel
Bought by
Malave Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
7.02%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Ohearn Timothy -- --
Malave Irma -- Chicago Title Insurance Co
Malave Jose $435,000 Chicago Title Insurance Comp
Malave Antonio $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 71 Grandt Avenue Llc $420,000
Closed 71 Grand Avenue Llc $420,000
Closed Ohearn Timothy $289,800
Closed Ohearn Timothy --
Previous Owner Malave Antonio $113,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2016 10/25/16 Sold $414,000 -- $187 / 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 $8,341 $584,800 $195,100 $389,700
2023 $8,341 $537,100 $165,100 $372,000
2022 $8,220 $482,800 $155,100 $327,700
2021 $8,220 $410,800 $130,100 $280,700
2020 $8,260 $395,200 $116,100 $279,100
2019 $7,866 $374,200 $108,100 $266,100
2018 $7,558 $357,500 $101,100 $256,400
2017 $7,246 $351,600 $100,100 $251,500
2016 $7,076 $350,100 $105,100 $245,000
2015 $6,440 $289,200 $109,800 $179,400
2014 $5,992 $283,600 $121,900 $161,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21627820

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00248-0000-00023