NOT LISTED FOR SALE

83 Grand Ave Long Branch, NJ 07740

Estimated Value: $605,543 - $670,000

4 Beds
3 Baths
1,823 Sq Ft
$351/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $380,000 $208 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,176/month

17 Days on Market

Highlights

  • 1 Car Detached Garage
  • Heating System Uses Steam
  • Level Lot

About This Home

As of February 2019

This is a very nice income producing property only a block from Broadway! Newly refreshed 2-Family house. Duplex with full finished basement with full bathroom. Just reconditioned and vacant so available to show at any time. Huge lot for expansion if needed .Live in one and rent out the other or use this opportunity to invest in white hot Long Branch and rent out both levels. Seller is a licensed NJ realtor.

Last Agent to Sell the Property

Daniel Lynch

Brothers Commercial Brokerage, Inc License #1325494 Listed on: 12/18/2018

Last Buyer's Agent

Michael Obertlik

Keller Williams Realty West Monmouth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,703

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 50 x 212
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex

Interior Spaces

  • 1,823 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House

Schools

  • Long Branch Middle School

Utilities

  • Heating System Uses Natural Gas
  • Furnace
  • Heating System Uses Steam
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 27-00248-0000-00025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,703

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Reso Flooring: Laminate
  • New Construction: No
  • Year Built: 1910
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 212
  • Location Middle School: Long Branch
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Basement Heated: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Floors Laminate2: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Heated
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Steam: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50 x 212
  • Parcel #: 27-00248-0000-00025
  • Zoning Description: Multi-Family

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6703.0
  • Tax Other Annual Assessment Amount: 317100.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2023
Sold by
Boscia Joseph
Bought by
Monmouth Rental Properties Llc
Total Days on Market
17
Current Estimated Value
$640,636

Purchase Details

Listed on
Dec 18, 2018
Closed on
Feb 15, 2019
Sold by
A & L Rental Properties Llc
Bought by
Boscia Joseph and Mantore Michael T
Seller's Agent
Daniel Lynch
Brothers Commercial Brokerage, Inc
Buyer's Agent
Michael Obertlik
Keller Williams Realty West Monmouth
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$285,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2018
Sold by
Hukkinen Dawn
Bought by
A L Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.65%
Source: Public Records

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Range of Values:

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Average Value
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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
Monmouth Rental Properties Llc -- None Listed On Document
Boscia Joseph $380,000 First Integrity Title Agency
A L Rental Properties Llc $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mantore Michael T $288,000
Previous Owner Boscia Joseph $285,000
Previous Owner A L Rental Properties Llc --
Previous Owner Hukkinen Dawn $100,000
Previous Owner Hukkinen Dawn $50,000
Previous Owner Hukkinen Dawn $152,000
Previous Owner Hukkinen Dawn $137,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $380,000 -- $208 / 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 $7,082 $500,300 $185,900 $314,400
2023 $7,082 $456,000 $155,900 $300,100
2022 $7,792 $436,900 $145,900 $291,000
2021 $7,792 $389,400 $120,900 $268,500
2020 $7,815 $373,900 $106,900 $267,000
2019 $5,423 $258,000 $98,900 $159,100
2018 $6,703 $317,100 $91,900 $225,200
2017 $6,428 $311,900 $90,900 $221,000
2016 $6,289 $311,200 $95,900 $215,300
2015 $5,013 $225,100 $104,800 $120,300
2014 $4,739 $224,300 $117,500 $106,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21847378

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00248-0000-00025