NOT LISTED FOR SALE

89 Atlantic Ave Long Branch, NJ 07740

Estimated Value: $929,000 - $1,047,543

5 Beds
3 Baths
2,558 Sq Ft
$378/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $575,000 $225 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,267/month

48 Days on Market

Highlights

  • Wood Flooring
  • Double-Wide Driveway
  • Thermal Windows
  • Corner Lot
  • 1 Car Detached Garage
  • Storm Windows

About This Home

As of December 2018

Three blocks to Beach - Three rental units. A Two-Family home plus detached Ranch situated on one lot. Unbelievable opportunity. Great income potential. Two Family - Apt. 1 first floor - LRM, DRM, Kit, Den, Sitting Room, 1 Bedroom + Bath. Apt. 2 second floor - LRM, DRM, Kit, 2 Bedrooms, Bath + Walk-up Attic. Separate elec, cooking gas + hot water. Landlord pays gas heat, water + sewer. Apt. 3 - detached Ranch with LRM, DRM, Kit, 2 Bedrooms + Bath. Currently rented at $1,400.00 per month plus gas, elec + water. Landlord pays sewer. Tenant mo to mo. Ideal location. To be sold in the ''as is '' condition.

Last Agent to Sell the Property

Frank Camassa

Camassa Agency Inc License #8132820 Listed on: 09/14/2018

Last Buyer's Agent

Frank Camassa

Camassa Agency Inc License #8132820 Listed on: 09/14/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,481

Year Built

  • 1907

Lot Details

  • Lot Dimensions are 50 x 172 x 50 x 170
  • Fenced
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Double-Wide Driveway

Home Design

  • Triplex
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Thermal Windows
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Exterior Lighting

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: 457 West St - Washer/Dryer, AC Units, Tenants personal property
  • Tenant pays for hot water, gas, electricity
  • The owner pays for yard maintenance, water, snow removal, sewer, heat
  • Assessor Parcel Number 27-00468-0000-00001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,481

Year Built

1907

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • ResoLotFeatures: Corner Lot
  • Subdivision Name: None
  • Reso Flooring: Linoleum/Vinyl, W/W Carpet, Wood, Ceramic Tile
  • Reso Interior Features: Attic - Walk Up
  • 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 172 x 50 x 170
  • Location Middle School: Long Branch
  • Lot Description Corner Lot: Yes
  • ExteriorFence: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • Exterior Storm Window: Yes
  • SidingAluminum: Yes
  • Exterior Thermal Window: Yes
  • Exterior Storm Door(s): Yes
  • Interior Attic - Walk Up: Yes
  • Parking Double Wide: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dishwasher4: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Washer Hookup3: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 3 Furnace3: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dryer Hookup2: Yes
  • Unit 2 Gas Stove2: Yes
  • Unit 3 Dryer Hookup: Yes
  • Unit 3 Washer Hookup: Yes
  • Unit 3 Water Heater3: Yes
  • Unit 3 Water Meter: Yes
  • Unit 2 Washer Hookup2: Yes
  • Special Features: None
  • Year Built: 1907

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: 457 West St - Washer/Dryer, AC Units, Tenants personal property
  • Construction Type: Aluminum Siding
  • Exterior Features: Fence, Storm Door(s), Storm Window, Thermal Window, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Paved, Double Wide, Detached
  • General Property Info:Garage: Yes
  • Parking Features:Garage Detached: Yes
  • Parking:Paved2: Yes

Utilities

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

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50 x 172 x 50 x 170
  • Parcel #: 27-00468-0000-00001
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Hot Water, Gas, Electricity
  • Owner Pays: Yard Maintenance, Water, Snow Removal, Sewer, Heat

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9481.0
  • Tax Other Annual Assessment Amount: 448600.0

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • High School: Long Branch

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
Dec 20, 2018
Sold by
Scalpati Mary J and Scalpati Charles Barbara
Bought by
Mucaj Kuljtim and Mucaj Arbresha
Seller's Agent
Frank Camassa
Camassa Agency Inc
Buyer's Agent
Frank Camassa
Camassa Agency Inc
Sold Price
$575,000
Total Days on Market
48
Current Estimated Value
$966,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,636
Avg. Annual Appreciation
8.35%
Original Mortgage
$325,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Similar Homes in Long Branch, NJ

  • 118 Joline Ave, Long Branch, NJ 07740

    $799,000

    • 5 Beds
    • 3 Baths
    • 118 Joline Ave
    • Long Branch, NJ

    Grab Your Bathing Suit! Just 1.5 blocks to 7 Presidents Beach in Long Branch. Now is the time to buy your beach home! This 2 family home offers Pier Village just a short walk away. First floor features 3 bedroom/2 full baths. Both baths are renovated. All new hard surface flooring throughout. Brand new kitchen with access to sunroom. Second apartment with 2 bedroom and 1 bath. Very top

    Carla Von Byrden CENTURY 21 VIEWPOINT REALTY

    Section Image
  • 55 Melrose Terrace Unit 306, Long Branch, NJ 07740

    $979,999

    • 3 Beds
    • 2 Baths
    • 1,744 Sq Ft
    • 55 Melrose Terrace
    • Unit 306
    • Long Branch, NJ

    Stunning Condo in 55 Melrose in Pier Village. You have 3 deeded parking spaces! This sleek and modern apartment features 3 bedrooms and a bonus den!! Come and enjoy this open concept living with an updated kitchen and appliances! Located in Pier Village, 55 Melrose is a short walk to stores, boardwalk, and the beach. Amenities include restricted building access, a community pool, and a fitness

    Claudia Roesing Corcoran Infinity Properties

    Section Image
  • 399 Broadway, Long Branch, NJ 07740

    $980,018

    • 6 Beds
    • 3 Baths
    • 2,634 Sq Ft
    • 399 Broadway
    • Long Branch, NJ

    Investment 0pportunity Alert! Lovely downtown Long Branch PRESENTLY A 3 family home available for sale! AS IS SALE , upper 3 bedroom 1 bath unit is currently Vacant and listed for rent! OWNER NOW IS PAINTING THE VACANT UNIT AND WILL REPLACE THE RANGE FOR NEW TENANT'S PRIOR TO THEIR MOVE-IN , it can also be available for the owner to occupy and continue to earn the income from the both already

    Milo Sutton G & G Agency Inc

    Section Image
  • 207 Oakwood Ave, Long Branch, NJ 07740

    $795,000

    • 6 Beds
    • 2 Baths
    • 2,216 Sq Ft
    • 207 Oakwood Ave
    • Long Branch, NJ

    CASH COW INVESTMENT PROPERTY. POTENTIAL RENTS OF $4200 AND $2800. TENANTS PAY ALL UTILITIES; WATER, GAS, ELECTRIC, SEWER, GRASS CUTTING. LARGE 2 FAMILY HOME ON HUGE LOT IN PRIME LOCATION BORDERING THE WEST END OF LONG BRANCH. MINUTES AWAY FROM THE DESIRABLE LONG BRANCH BEACHS AND THE NEW KUSHNER BROADWAY REDEVELOPMENT. 12 MINUTES TO THE NEW NETFLIX STUDIOS. UNIT 1 FEATURES 4 LARGE BEDROOMS 1

    Kyle Golden C21 Thomson & Co.

    Section Image
  • 228 Albert Place, Long Branch, NJ 07740

    $1,174,900

    • 5 Beds
    • 3 Baths
    • 228 Albert Place
    • Long Branch, NJ

    Welcome to 228 Albert Place, a beautiful craftsman cottage in desirable Elberon. This unique property is ideal for multi-generational living, offering a 4-bedroom, 2-bath main home & a fully legal 1-bedroom garage apartment. The front house blends charm & comfort w/ a thoughtfully designed kitchen featuring Carreaux du Nord fine art tiles, original character, & a welcoming rocking chair front

    Michele Irizarry Shore Prime Properties LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mucaj Kuljtim $575,000 All Ahead Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mucaj Kujtim $330,500
Closed Mucaj Kuljtim $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold $575,000 -- $225 / 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 $10,341 $713,400 $217,400 $496,000
2023 $10,341 $665,900 $192,400 $473,500
2022 $10,013 $581,600 $164,500 $417,100
2021 $10,013 $500,400 $134,500 $365,900
2020 $10,287 $492,200 $128,500 $363,700
2019 $9,781 $465,300 $118,500 $346,800
2018 $9,483 $448,600 $114,500 $334,100
2017 $9,986 $484,500 $107,500 $377,000
2016 $9,737 $481,800 $114,500 $367,300
2015 $7,814 $362,100 $89,900 $272,200
2014 $7,822 $382,000 $107,300 $274,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21836523

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00468-0000-00001