NOT LISTED FOR SALE

89 Atlantic Ave Long Branch, NJ 07740

Estimated Value: $875,939 - $1,033,000

5 Beds
3 Baths
2,558 Sq Ft
$375/Sq Ft Est. Value

Last Sold December 20, 2018

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

Est. 67% increase in value since last sale

Current estimated payment $6,161/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

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

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

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
Current Estimated Value
$959,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,485
Avg. Annual Appreciation
7.82%
Original Mortgage
$325,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
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
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

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21836523

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00468-0000-00001