$530,000
SOLD APR 12, 2021

89 Locust Ave West Long Branch, NJ 07764

4 Beds
2 Baths
1,940 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$273 Per Sq Ft

16% Below List Price

192 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Fenced
  • 3 Car Detached Garage
  • Patio
  • 5-minute walk to George M. Conway Park

About This Home

As of April 2021

Wonderful WEST LONG BRANCH two family home with 3 car garage. This home offers two 2 bedroom, bath apartments. Both units have two year old beautiful bathrooms and kitchens. Charming thick wood molding and hardwood floors have been lovingly maintained. The bottom unit, the biggest, offers a full basement with washer and dryer and ample outdoor space. The top unit, accessed thru the side of the house offers a walk up attic. This home is currently owner occupied but has always been used as a two family until recently. There are separate electric and gas meters. Close to fantastic beaches, restaurants, schools, major roadways, NYC trains and ferries.

Last Agent to Sell the Property

Elizabeth Giordano

RE/MAX Gateway License #0014771 Listed on: 02/23/2021

RE/MAX Gateway

Last Buyer's Agent

Patrice George

Resources Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,371

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Fenced

Parking

  • 3 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Frank Antonides Middle School
  • Shore Reg High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: all personal property; ac units negotiable
  • Tenant pays for heat, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 53-00075-0000-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,371

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Flooring: Wood, Ceramic Tile
  • Year Built: 1925
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 x 150
  • Location Middle School: Frank Antonides
  • ExteriorFence: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 1 Dryer Hookup3: Yes
  • Unit 2 Gas Stove2: Yes
  • Special Features: VirtualTour

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Acres: 0.17
  • Waterfront: No
  • Exclusions: all personal property; ac units negotiable
  • Exterior Features: Fence, Patio

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Paved, Off Street, On Street, Detached
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Radiator
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Frank Antonides

Lot Info

  • Lot Dimensions: 50 x 150
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 53-00075-0000-00007
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Gas, Electricity
  • Owner Pays: Water, Sewer

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7371.0
  • Tax Other Annual Assessment Amount: 362900.0

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
$795,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,689
Avg. Annual Appreciation
10.18%
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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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 Type Sale Price Title Company
Deed $530,000 Gotham Abstract & Setmnt Llc
Bargain Sale Deed $530,000 Fidelity National Title
Deed $275,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 New Conventional
Closed $446,250 Commercial
Previous Owner $100,000 Stand Alone Second
Previous Owner $201,500 New Conventional
Previous Owner $220,000 No Value Available
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: 22028430

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 53-00075-0000-00007