D
Seller's Agent in 2022
David Sgalambro
Melrose Realty, LLC
(908) 578-8071
3 in this area
96 Total Sales
79-81 Branch Ave Red Bank, NJ 07701
Estimated Value: $771,000 - $952,000
6
Beds
2
Baths
2,500
Sq Ft
$347/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Attic
- Recessed Lighting
- Red Bank Reg High School Rated A
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
About This Home
As of July 2022Updated two family home close to red bank shopping, dining and transportation.The home consists of Two side by side 3 bedroom one bathroom duplexes. Each have separate living and dining rooms, updated kitchen with stainless steel appliances, updated bathrooms, central air heat and air and separate utilities and basement storage. Each unit also has its own new washer and dryer. The outside of the home has a new Azek front porch and a two car garage, which can be rented separately for extra cash flow. Leases expiring Aug 1 2022 and June 1 2023. Paying $2400 and $2750, respectively (both under fair market value).
Last Agent to Sell the Property
Melrose Realty, LLC License #1005279 Listed on: 05/11/2022
Last Buyer's Agent
Vincent Hennessey
RE/MAX Generations
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,069
Year Built
- Built in 1901
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 50 x 131
Parking
- 2 Car Detached Garage
- Off-Street Parking
Home Design
- Duplex
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,500 Sq Ft Home
- 2-Story Property
- Recessed Lighting
- Pull Down Stairs to Attic
Kitchen
- Stove
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Schools
- Red Bank Prm Elementary School
- Red Bank Middle School
- Red Bank Reg High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Furnace
- Separate Meters
- Separate Water Meter
- Natural Gas Water Heater
- Cable TV Available
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for hot water, water, sewer, heat, gas, electricity
- The owner pays for yard maintenance, garbage removal
- Assessor Parcel Number 39-00107-0000-00015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2022
Closed on
Jul 28, 2022
Sold by
Winchell Gregory S and Winchell Tiffany A
Bought by
79 Branch Ave Investments Llc
Seller's Agent
David Sgalambro
Melrose Realty, LLC
Buyer's Agent
Vincent Hennessey
RE/MAX Generations
List Price
$839,900
Sold Price
$795,000
Premium/Discount to List
-$44,900
-5.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,044
Avg. Annual Appreciation
2.76%
Original Mortgage
$516,750
Outstanding Balance
$489,796
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$378,248
Purchase Details
Closed on
Sep 25, 2015
Sold by
Bray Shila A and Bray Thomas E
Bought by
Winchell Gregory S and Vallo Tiffany A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 3, 2011
Sold by
Zaleski Sheila and Bray Sheila A
Bought by
Bray Shelia A and Bray Thomas E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.63%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 79 Branch Ave Investments Llc | -- | Counsellors Title | |
| 79 Branch Ave Investments Llc | -- | Counsellors Title | |
| Winchell Gregory S | $570,000 | Red Key Title Agency Lcl | |
| Bray Shelia A | -- | Break Water Title Agency Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 79 Branch Ave Investments Llc | $516,750 | |
| Closed | 79 Branch Ave Investments Llc | $516,750 | |
| Previous Owner | Winchell Gregory S | $270,000 | |
| Previous Owner | Bray Shelia A | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/26/2022 07/26/22 | Sold | $795,000 | -5.3% | $318 / Sq Ft |
| 06/14/2022 06/14/22 | Pending | -- | -- | -- |
| 05/11/2022 05/11/22 | For Sale | $839,900 | -- | $336 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $13,788 | $828,600 | $383,300 | $445,300 |
| 2024 | $13,719 | $729,900 | $302,300 | $427,600 |
| 2023 | $13,719 | $717,900 | $302,300 | $415,600 |
| 2022 | $13,069 | $653,000 | $255,200 | $397,800 |
| 2021 | $13,069 | $584,200 | $221,900 | $362,300 |
| 2020 | $12,553 | $552,500 | $221,900 | $330,600 |
| 2019 | $11,995 | $542,500 | $221,900 | $320,600 |
| 2018 | $11,606 | $530,700 | $221,900 | $308,800 |
| 2017 | $11,156 | $528,700 | $221,900 | $306,800 |
| 2016 | $7,884 | $374,200 | $194,400 | $179,800 |
| 2015 | $9,762 | $480,200 | $263,600 | $216,600 |
| 2014 | $10,246 | $535,600 | $296,000 | $239,600 |
Source: Public Records
Agents Affiliated with this Home
-
David Sgalambro
-
V
Buyer's Agent in 2022
Vincent Hennessey
RE/MAX
Map
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22214199
APN: 39-00107-0000-00015
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.
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.
Nearby Homes
- 123 Manor Dr
- 283 Spring St Unit 3A
- 137 E Bergen Place
- 82 Linden Place
- 17 Leroy Place Unit 3B
- 17 Leroy Place Unit 1C
- 65 Manor Dr
- 27 Irving Place
- 26 Pinckney Rd Unit C
- 44 Waverly Place
- 184 Manor E Unit 184
- 85 Tower Hill Dr Unit 608
- 69 Washington St
- 205 Maple Ave
- 12 Garden Rd
- 199 Pinckney Rd
- 23 Wallace St Unit 207
- 88 Mclaren St
- 268 Prospect Ave
- 21 Washington St
- 79-81 Branch Ave Unit 81
- 79 Branch Ave Unit 81
- 87 Branch Ave
- 85 Branch Ave Unit 87
- 77 Branch Ave
- 89 Branch Ave Unit 91
- 73 Branch Ave
- 95 Branch Ave
- 69 Branch Ave
- 33 South St
- 84 Branch Ave
- 99 Branch Ave
- 18 Brown Place
- 90 Branch Ave
- 20 Brown Place
- 43 South St
- 27 South St
- 22 Brown Place
- 103 Branch Ave Unit 105
- 25 South St