NOT LISTED FOR SALE

89 Locust Ave West Long Branch, NJ 07764

Estimated Value: $737,000 - $854,000

2 Beds
1 Bath
1,940 Sq Ft
$409/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $530,000 $273 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,056/month

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Heating System Uses Natural Gas
  • No HOA
  • Air Conditioning
  • 5-minute walk to George M. Conway Park

About This Home

As of August 2021

Fantastic Annual rental available in West Long Branch, NJ. This two bedroom has a brand new kitchen with all new appliances and washer/dryer combo. $2500 a month without the garage or $2800 a month with the garage. This 2 family home sits very close to Franklin Lake and is minutes to Jersey Shore beaches and all forms of transportation. This is a no smoking rental.

Last Agent to Rent the Property

Patrice George

O'Brien Realty, LLC Listed on: 06/26/2021

Last Renter's Agent

Patrice George

Resources Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,724

Year Built

  • 1925

Lot Details

  • 7,492

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Frank Antonides Middle School
  • Shore Reg High School

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 53-00075-0000-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,724

Year Built

1925

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Architectural Style: Other - See Remarks
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Assigned Parking: No
  • General Property Info HOA: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Frank Antonides
  • General Property Info Handicap Access: No
  • Number Appliances Included A C Units: Yes
  • Foyer Floor - Wood: Yes
  • GreatFamily Room Floor - Wood5: Yes
  • Lease Requirements Security Deposit4: Yes
  • Kitchen Floor - Wood4: Yes
  • Living Room Floor - Wood Floor2: Yes
  • Special Features: None
  • Year Built: 1925

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Stories: 1
  • BasementOther: Yes
  • Primary Bedroom Floor - Wood8: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Radiator
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Frank Antonides

Lot Info

  • Parcel #: 53-00075-0000-00007

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • High School: Shore Reg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Apr 12, 2021
Sold by
Todaro Vincent M and Todaro Debbi L
Bought by
Msa At 89 Locust Llc
Seller's Agent
Elizabeth Giordano
RE/MAX Gateway
Buyer's Agent
Patrice George
Resources Real Estate
List Price
$629,000
Sold Price
$530,000
Premium/Discount to List
-$99,000
-15.74%
Current Estimated Value
$794,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,428
Avg. Annual Appreciation
9.72%
Original Mortgage
$446,250
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2001
Sold by
Wlb Realty Assoc Inc
Bought by
Todaro Vincent and Todaro Debbi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.7%
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
Msa At 89 Locust Llc $530,000 Gotham Abstract & Setmnt Llc
Msa At 89 Locust Llc $530,000 Fidelity National Title
Todaro Vincent $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Msa At 89 Locust Llc $525,000
Closed Msa At 89 Locust Llc $446,250
Previous Owner Todaro Debbi L $100,000
Previous Owner Todaro Debbi L $201,500
Previous Owner Todaro Vincent $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2021 08/01/21 Rented $33,600 +1244.0% --
07/18/2021 07/18/21 Under Contract -- -- --
06/26/2021 06/26/21 For Rent $2,500 0.0% --
04/12/2021 04/12/21 Sold $530,000 0.0% $273 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
10/30/2020 10/30/20 Off Market $530,000 -- --
10/13/2020 10/13/20 Price Changed $575,000 -2.5% $296 / Sq Ft
09/28/2020 09/28/20 Price Changed $590,000 -6.2% $304 / Sq Ft
08/14/2020 08/14/20 For Sale $629,000 -- $324 / 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 $8,724 $735,000 $329,900 $405,100
2023 $8,724 $624,500 $292,500 $332,000
2022 $7,307 $534,200 $225,000 $309,200
2021 $7,307 $378,000 $164,300 $213,700
2020 $7,458 $362,900 $154,100 $208,800
2019 $7,371 $360,600 $153,000 $207,600
2018 $7,427 $351,000 $153,000 $198,000
2017 $7,643 $344,900 $153,000 $191,900
2016 $7,973 $367,100 $180,000 $187,100
2015 $7,747 $356,200 $180,000 $176,200
2014 $7,170 $307,600 $139,500 $168,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22120752

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 53-00075-0000-00007