$1,295,000
SOLD APR 16, 2025

93 N Broadway Long Branch, NJ 07740

9 Beds
4 Baths
3,092 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$419 Per Sq Ft

4% Above List Price

32 Days on Market

About This Home

As of April 2025

Discover this exceptional 4-unit property at 93 N Broadway, perfectly situated near the beach and all the exciting redevelopment in Long Branch. This prime investment features four income-generating units plus a detached 2-car garage, offering ample parking and additional storage options. Whether you're an investor looking to expand your portfolio or a homeowner seeking rental income, this property provides immense potential. Don't miss your chance to capitalize on the booming Long Branch market!

Last Agent to Sell the Property

Josh Starner

Sackman Realty License #2191038 Listed on: 12/02/2024

Sackman Realty

Co-Listed By

William McClellan

Sackman Realty License #0234203

Last Buyer's Agent

Peter Boutros

EXP Realty License #1756043

EXP Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,087

Year Built

  • Built in 1910

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50 x 175

Parking

  • 2 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 3,092 Sq Ft Home
  • 3-Story Property
  • Basement

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Schools

  • Long Branch Middle School

Utilities

  • Multiple cooling system units
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Exclusions: Tenants personal property.
  • Tenant pays for gas, electricity
  • The owner pays for water, sewer, garbage removal
  • Assessor Parcel Number 27-00305-0000-00007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,087

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • Co List Office Mls Id: 3798
  • Co List Office Phone: 732-798-8188
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 1910
  • Contract Info New Construction: No
  • 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 175
  • Location Middle School: Long Branch
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Water Heater Tank: Yes
  • Cooling Multi Units: Yes
  • Special Features: None

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 9
  • Stories: 3
  • BasementOther: Yes

Exterior Features

  • Acres: 0.2
  • Waterfront: No
  • Exclusions: Tenants personal property.

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50 x 175
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00305-0000-00007
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Gas, Electricity
  • Owner Pays: Water, Sewer, Garbage Removal

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9087.0
  • Tax Other Annual Assessment Amount: 605100.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
Mar 18, 2025
Sold by
Prime 7 Investment Llc
Bought by
Luu Investments Llc
Seller's Agent
Josh Starner
Sackman Realty
Buyer's Agent
Peter Boutros
EXP Realty
List Price
$1,250,000
Sold Price
$1,295,000
Premium/Discount to List
$45,000
3.6%
Views
8
Current Estimated Value
$1,279,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,748
Avg. Annual Appreciation
-7.48%
Original Mortgage
$795,000
Outstanding Balance
$794,302
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$464,975

Purchase Details

Closed on
Aug 1, 2018
Sold by
Andrews Jordan and Andrews Michael
Bought by
Prime 7 Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2012
Closed on
Jun 7, 2012
Sold by
Oesterle Jeffrey
Bought by
Andrews Jordan and Andrews Michael
Seller's Agent
Jeffrey Klein
Jeff Klein Realty
Buyer's Agent
Jeffrey Klein
Jeff Klein Realty
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.36%
Original Mortgage
$198,750
Interest Rate
3.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2002
Sold by
Crystal Springs
Bought by
Oesterle Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 1996
Sold by
Gjl Limited
Bought by
Amador Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 1996
Sold by
L & H Enterprises
Bought by
Gjl Limited

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.62%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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 $1,295,000 Elite Title Group
Deed -- None Available
Deed $270,000 Multiple
Deed $220,000 --
Deed $200,000 --
Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $795,000 New Conventional
Previous Owner $265,000 New Conventional
Previous Owner $198,750 Commercial
Previous Owner $176,000 Commercial
Previous Owner $150,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $1,295,000 +3.6% $419 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
12/02/2024 12/02/24 For Sale $1,250,000 +363.0% $404 / Sq Ft
06/10/2012 06/10/12 Sold $270,000 -- $87 / 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 $9,087 $605,100 $165,300 $439,800
2023 $9,087 $585,100 $165,300 $419,800
2022 $8,572 $495,100 $125,300 $369,800
2021 $8,572 $428,400 $115,300 $313,100
2020 $8,498 $406,600 $95,300 $311,300
2019 $8,181 $389,200 $92,300 $296,900
2018 $7,997 $378,300 $92,300 $286,000
2017 $7,644 $370,900 $90,300 $280,600
2016 $7,348 $363,600 $90,300 $273,300
2015 $6,398 $287,300 $94,600 $192,700
2014 $5,999 $283,900 $112,900 $171,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22434238

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00305-0000-00007