NOT LISTED FOR SALE
11 Beds
-- Baths
-- Sq Ft
9,583 Sq Ft Lot

Sale Details

Date 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 Agent to Sell the Property

Danielle Pavlis

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

Last Buyer's Agent

Peter DiCataldo

RE/MAX Central License #1860594

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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

9,583 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2020
Sold by
Weir Investments Llc
Bought by

Purchase Details

Closed on
Jun 27, 2013
Sold by
Gp Long Branch Llc
Bought by
Weir Investments Limited Liability Co

Purchase Details

Closed on
Feb 17, 2012
Sold by
Ferreira Edina and Grand Pacific Finance Corp
Bought by
Gp Long Branch Llc

Purchase Details

Closed on
Apr 19, 2005
Sold by
Elia Mark
Bought by
Ferreira Edina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 1998
Sold by
Monmouth Micro System Corp
Bought by
Elia Joseph

Purchase Details

Closed on
May 17, 1994
Sold by
Candellieri Frank
Bought by
Quen Yen and Chen Janie
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$941,000 Fidelity National Title
Vander Properties Llc $941,000 Fidelity National Title
Weir Investments Limited Liability Co $445,000 None Available
Gp Long Branch Llc -- None Available
Ferreira Edina $650,000 --
Elia Joseph $205,000 --
Quen Yen $169,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open -- $752,800
Previous Owner Ferreira Edina $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $15,774 $1,166,400 $255,600 $910,800
2025 $15,774 $1,051,600 $243,600 $808,000
2024 $15,822 $1,089,900 $213,600 $876,300
2023 $15,822 $1,018,800 $173,600 $845,200
2022 $10,494 $917,500 $138,600 $778,900
2021 $10,494 $524,600 $119,600 $405,000
2020 $10,504 $502,600 $118,600 $384,000
2019 $10,169 $483,800 $108,600 $375,200
2018 $9,974 $471,800 $100,600 $371,200
2017 $9,332 $452,800 $88,600 $364,200
2016 $9,062 $448,400 $93,600 $354,800
2015 $8,267 $371,200 $60,500 $310,700
2014 $7,248 $343,000 $67,200 $275,800
Source: Public Records

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22036722

MOREMLS (Monmouth Ocean Regional REALTORS®)
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