NOT LISTED FOR SALE

75 Morrell St Long Branch, NJ 07740

Long Branch Area

Estimated Value: $738,555 - $763,000

5 Beds
2 Baths
2,256 Sq Ft
$334/Sq Ft Est. Value

Sale Details

Date Sold: October 26, 2023

Last sale price $642,500 $285 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,978 / mo

25 Days on Market

About This Home

As of October 2023

This is the one you have been waiting for, Two family home in sought after Long Branch. This home offers on the first floor; 3 beds 1 Bath with hardwood floors, high ceilings, deck. Second floor; 2 beds 1 Bath. New roof, windows and large backyard. Great investment opportunity. Prime location just minutes from New Jersey's best beaches, public transportation, Pier Village, restaurants and shopping centers.

Last Agent to Sell the Property

Shira Perlstein

Coldwell Banker Realty Brokerage Phone: 732-609-7797 License #1865156 Listed on: 08/28/2023

Coldwell Banker Realty

Last Buyer's Agent

Michael Mizrahi

American Homes Group License #2076694

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,106

Year Built

  • Built in 1915

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Home Design

  • Duplex

Interior Spaces

  • 2,256 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Long Branch Middle School

Utilities

  • Multiple cooling system units
  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Personal Items, washer and dryer, shed
  • Tenant pays for hot water
  • Assessor Parcel Number 27-00175-0000-00010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,106

Year Built

Built in 1915

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Attribution Contact: 732-609-7797
  • Subdivision Name: None
  • Year Built: 1915
  • Contract Info List PriceSqFt: 265.51
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Long Branch
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Cooling Multi Units: Yes
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDQ1MiIsIkxpc3RpbmdJRCI6IjIyMzIzOTg0IiwiU3RhbmRhcmRTdGF0dXMiOiJDbG9zZWQiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA2LTEyVDIwOjIwOjUzLjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzE4MzY0IiwiTGljZW5zZWVOYW1lIjoiVGVuLVgifQ.PbbFrzYs3VSmHSfErFcCTHCykaBz0orLhi2Tk_zEoWY/badge
  • Special Features: None

Interior Features

  • Basement: Other, Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes
  • BasementOther: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront: No
  • Exclusions: Personal Items, washer and dryer, shed

Garage/Parking

  • Garage: No
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Other
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Hot Water2: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00175-0000-00010

Rental Info

  • Tenant Pays: Hot Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7106.0
  • Tax Other Annual Assessment Amount: 491700.0

Multi Family

  • Number Of Units Total: 2

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

Listed on
Aug 28, 2023
Closed on
Oct 6, 2023
Sold by
Bought by
Seller's Agent
Shira Perlstein
Coldwell Banker Realty
Buyer's Agent
Michael Mizrahi
American Homes Group
List Price
$599,000
Sold Price
$642,500
Premium/Discount to List
$43,500
7.26%
Views
183
Current Estimated Value
$752,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,889
Avg. Annual Appreciation
5.87%

Purchase Details

Closed on
Aug 12, 2022
Sold by
Bought by

Purchase Details

Closed on
May 27, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
6.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
6.75%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Long Branch, NJ

  • Louis Critelli Real Estate Agent - Critelli Realtors

    Louis Critelli

    Critelli Realtors

    (848) 272-7191

    40 Total Sales

    1 in Long Branch

    $4,775,000 Price

    Louis Critelli
     Section Image
  • Karen Smith Real Estate Agent - Keller Williams Realty Central Monmouth

    Karen Smith

    Keller Williams Realty Central Monmouth

    (848) 257-9760

    25 Total Sales

    3 in Long Branch

    $275K - $365K Price Range

    Karen Smith
     Section Image
  • Lina Negrey Real Estate Agent - Coldwell Banker Realty

    Lina Negrey

    Coldwell Banker Realty

    (848) 301-1635

    38 Total Sales

    1 in Long Branch

    $1,225,000 Price

    Lina Negrey
     Section Image
  • Cindy Nelson Real Estate Agent - Nelson Realtors

    Cindy Nelson

    Nelson Realtors

    (848) 456-1185

    141 Total Sales

    1 in Long Branch

    $605,000 Price

    Cindy Nelson
     Section Image
  • Samantha Johnson-Leonberger Real Estate Agent - Berkshire Hathaway HomeServices Zack Shore REALTORS

    Samantha Johnson-Leonberger

    Berkshire Hathaway HomeServices Zack Shore REALTORS

    (866) 643-6591

    20 Total Sales

    2 in Long Branch

    $548,888 Price Range

    Samantha Johnson-Leonberger
     Section Image
  • Tommy Holmes Real Estate Agent - NEXTHOME PREMIER

    Tommy Holmes

    NEXTHOME PREMIER

    (908) 332-8812

    33 Total Sales

    1 in Long Branch

    $1,476,000 Price

    Tommy Holmes
     Section Image
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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
$642,500 Madison Title
$244,484 None Listed On Document
$377,500 None Available
$399,000 --
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 $507,500
Previous Owner $302,000
Previous Owner $338,000
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
10/26/2023 10/26/23 Sold $642,500 +7.3% $285 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $599,000 -- $266 / Sq Ft
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 $10,020 $710,600 $262,600 $448,000
2025 $10,020 $668,000 $257,600 $410,400
2024 $7,636 $556,700 $227,600 $329,100
2023 $7,636 $491,700 $177,600 $314,100
2022 $6,707 $396,300 $119,600 $276,700
2021 $6,707 $335,200 $99,600 $235,600
2020 $6,747 $322,800 $88,600 $234,200
2019 $6,623 $315,100 $89,600 $225,500
2018 $6,486 $306,800 $89,600 $217,200
2017 $6,239 $302,700 $89,600 $213,100
2016 $6,107 $302,200 $94,600 $207,600
2015 $5,795 $260,200 $96,500 $163,700
2014 $5,356 $253,500 $108,200 $145,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Shira Perlstein

    Coldwell Banker Realty

    (732) 609-7797

    53 Total Sales

    Shira Perlstein
    Section Image
  • Michael Mizrahi Real Estate Agent - American Homes Group

    Buyer's Agent in 2023

    Michael Mizrahi

    American Homes Group

    (732) 539-8801

    98 Total Sales

    Michael Mizrahi
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22323984

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00175-0000-00010

New Jersey Monmouth County Long Branch 07740

75 Morrell St, Long Branch, NJ

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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