NOT LISTED FOR SALE

71 Morris Ave Long Branch, NJ 07740

11 Beds
-- Bath
-- Sq Ft
9,583 Sq Ft Lot

Last Sold January 22, 2021

Last sale price $941,000

25 Days on Market

About This Home

As of January 2021

5 Family for sale in Long Branch! Each unit is fully occupied and each tenant paid full rent during pandemic. Property is located close to Ocean Blvd near all new construction, Pier Village, shopping, beaches, restaurants , and more! Great investment in excellent condition with high rent roll and low expenses!! Gas boiler with Thermostatic Valves to save energy! Basement has coin operated washer dryers for tenant use. Unit 1- 3 bedrooms, Unit 2- 3 bedrooms, Unit 3- 1 bedroom, Unit 4- 2 bedrooms, Unit 5- 2 bedrooms. Call today!!

Last Listed By

Danielle Pavlis

Jamie Pavlis Real Estate, Inc. License #1329387 Listed on: 10/10/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,169

Year Built

  • Built in 1910

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 102 x 96

Interior Spaces

  • 11 Bedrooms
  • 2-Story Property

Flooring

  • Wood
  • Ceramic Tile

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • Assigned Parking

Schools

  • Anastasia Elementary School
  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Cooling Available
  • Boiler Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 5 Units

Listing and Financial Details

  • Exclusions: Tenants Personal Items
  • The owner pays for yard maintenance, water, sewer, heat, gas, garbage removal, electricity
  • Assessor Parcel Number 27-00227-0000-00015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,169

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Five Family
  • Subdivision Name: None
  • Reso Flooring: Wood, Ceramic Tile
  • New Construction: No
  • Year Built: 1910
  • 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: 102 x 96
  • Location Middle School: Long Branch
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • Water Heater Off Boiler: Yes
  • Basement Heated: Yes
  • Special Features: None

Interior Features

  • Basement: Other, Full, Heated, Tenant Acc
  • Basement: Yes
  • Total Bedrooms: 11
  • Stories: 2
  • Full Basement: Yes
  • BasementOther: Yes

Exterior Features

  • Acres: 0.22
  • Waterfront: No
  • Exclusions: Tenants Personal Items

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: None, Assigned
  • General Property Info:Garage: No
  • Parking:Assigned2: Yes

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: 102 x 96
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00227-0000-00015
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Yard Maintenance, Water, Sewer, Heat, Gas, Garbage Removal, Electricity

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10169.0
  • Tax Other Annual Assessment Amount: 502600.0

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • Elementary School: Anastasia
  • High School: Long Branch

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2021 01/22/21 Sold $941,000 -14.5% --
11/04/2020 11/04/20 Pending -- -- --
10/10/2020 10/10/20 For Sale $1,100,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22036722

MOREMLS (Monmouth Ocean Regional REALTORS®)