NOT LISTED FOR SALE

56 Rivergate Way Long Branch, NJ 07740

Estimated Value: $803,817 - $978,000

2 Beds
3.5 Baths
2,420 Sq Ft
$367/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $745,000 $308 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,661/month

137 Days on Market

Highlights

  • Boat Dock
  • Deck
  • 2 Fireplaces
  • Parking available for a boat
  • Engineered Wood Flooring
  • Granite Countertops

About This Home

As of December 2022

Welcome to this beautiful Tri-level Townhome in Rivergate located on the Shrewsbury River. Complete with 40 ft. Deeded Boat Slip, this unique community of 23 homes is private, yet close to all that the Jersey Shore has to offer. This updated 2-bedroom 3.5 bath home includes 2-Zoned Heat and Air Conditioning for maximum comfort. Features of the home include updated kitchen, Plantation Shutters, spacious Living Room/Dining combo, French Doors leading to Large Family Room that could also serve as a 3rd bedroom on the lower level with full Bath & 2 car garage. There are 2 custom gas fireplaces - one in the L.R. and one in the Master ensuite. 2 Decks for entertaining plus Plenty of storage & closets throughout.

Last Listed By

Diane Traverso

NextHome Nexus Realty Group License #8647024 Listed on: 10/25/2022

NextHome Nexus Realty Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,570

Year Built

  • Built in 1990

Lot Details

  • 4.11

HOA Fees

  • $626 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Parking available for a boat

Home Design

  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 2,420 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Tray Ceiling
  • Light Fixtures
  • 2 Fireplaces
  • Gas Fireplace
  • Blinds
  • Window Screens
  • Sliding Doors
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Exterior Lighting

Schools

  • Long Branch Middle School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Dining Room Chandelier
  • Assessor Parcel Number 27-00489-0000-00013-20

Community Details

Overview

  • Front Yard Maintenance
  • Association fees include trash, common area, exterior maint, lawn maintenance, mgmt fees, snow removal
  • Rivergate Subdivision
  • On-Site Maintenance

Amenities

  • Common Area

Recreation

  • Boat Dock
  • Snow Removal

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,570

Year Built

Built in 1990

Lot Details

0

HOA Fees

$626 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Reso Association Amenities: Association, Dock, No Pool
  • Reso Association Fee Includes: Trash, Common Area, Exterior Maint, Lawn Maintenance, Mgmt Fees, Snow Removal
  • Inclusions: Outdoor Lighting, Washer, Blinds/Shades, Dishwasher, Central Vacuum, Dryer, Light Fixtures, Microwave, Security System, Refrigerator, Screens, Garage Door Opener, Gas Cooking
  • Subdivision Name: Rivergate
  • Architectural Style: Townhouse
  • Reso Flooring: Ceramic Tile, Wood, Engineered
  • Reso Interior Features: Sliding Door
  • Property Attached Yn: Yes
  • Year Built: 1990
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info HOA: Yes
  • General Property Info Pool: No
  • Ownership Type Condominium: Yes
  • Style Attached2: Yes
  • Interior Sliding Door: Yes
  • Living Room Floor - Engineered: Yes
  • WaterSewer Public Sewer: Yes
  • Floors Engineered: Yes
  • Fee Includes Common Area2: Yes
  • Fee Includes Exterior Maint: Yes
  • Garage Direct Entry: Yes
  • Location Middle School: Long Branch
  • Roof Shingled: Yes
  • Included Gas Cooking: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 2.0
  • Allowable Cats: Yes
  • Allowable Dogs: Yes
  • Included BlindsShades: Yes
  • Included Light Fixtures: Yes
  • Style Townhouse: Yes
  • Included Outdoor Lighting: Yes
  • Included Screens: Yes
  • Living Room Fireplace - Gas7: Yes
  • Kitchen Floor - Ceramic4: Yes
  • Kitchen Sliding Door5: Yes
  • Foyer Floor - Wood: Yes
  • Kitchen GraniteStone Counter: Yes
  • ExteriorDeck: Yes
  • Siding Shingle: Yes
  • Kitchen BnookDining Area: Yes
  • Included Security System2: Yes
  • GreatFamily Room Floor - Ceramic5: Yes
  • Dining Room Sliding Door3: Yes
  • Allowable Boats: Yes
  • Common Elements Dock2: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Basement: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 2
  • Stories: 3
  • Basement:None2: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dryer: Yes
  • Appliances Included:Washer: Yes
  • Appliances Included:Microwave: Yes
  • Appliances Included:Central Vacuum: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Dining Room Chandelier
  • Construction Type: Shingle Siding
  • Exterior Features: Deck

Garage/Parking

  • Garage: Yes
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Direct Access
  • General Property Info:Garage: Yes
  • Parking Driveway: Yes
  • _pound_ AppliancesIncluded:Garage Door Opener: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Natural Gas, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 626.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Fee Includes Lawn Maintenance: Yes

Association/Amenities

  • Association Fee Includes:Snow Removal: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Parcel #: 27-00489-0000-00013-20
  • Zoning Description: Planned Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 12570.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Dec 7, 2022
Sold by
Damato Thomas and Damato Maria
Bought by
Hallisey James V and Hallisey Janine
Seller's Agent
Diane Traverso
NextHome Nexus Realty Group
Buyer's Agent
Kathryn Ward Grabowy
Douglas Elliman of NJ LLC
List Price
$775,000
Sold Price
$745,000
Premium/Discount to List
-$30,000
-3.87%
Total Days on Market
137
Views
90
Current Estimated Value
$889,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,204
Avg. Annual Appreciation
7.72%

Purchase Details

Listed on
Mar 12, 2014
Closed on
Oct 1, 2014
Sold by
Gervasion Nancy K
Bought by
Amato Thomas D and Amato Maria D
Seller's Agent
Anna Garifine
RE/MAX Elite
Buyer's Agent
Ali Ross
Heritage House Sotheby's International Realty
Sold Price
$483,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$380,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2003
Sold by
Bruno Michelle
Bought by
Gervasio Joseph and Gervasio Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.71%

Purchase Details

Closed on
Oct 29, 1998
Sold by
Caplan Lawrence
Bought by
Bruno Michelle and Adamec Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,500
Interest Rate
6.8%

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
Hallisey James V $745,000 --
Amato Thomas D $483,750 Acres Land Title Agency Llc
Gervasio Joseph $480,000 --
Bruno Michelle $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amato Thomas D $380,000
Previous Owner Gervasio Joseph F $100,000
Previous Owner Gervasio Joseph $225,000
Previous Owner Bruno Michelle $156,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Sold $745,000 -3.9% $308 / Sq Ft
12/08/2022 12/08/22 For Sale $775,000 0.0% $320 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/25/2022 10/25/22 For Sale $775,000 +4.0% $320 / Sq Ft
10/06/2022 10/06/22 Off Market $745,000 -- --
09/24/2022 09/24/22 Price Changed $775,000 -3.1% $320 / Sq Ft
07/14/2022 07/14/22 Price Changed $800,000 -5.9% $331 / Sq Ft
07/13/2022 07/13/22 Price Changed $850,000 +6.3% $351 / Sq Ft
07/13/2022 07/13/22 Price Changed $800,000 -5.9% $331 / Sq Ft
06/17/2022 06/17/22 For Sale $850,000 +75.7% $351 / Sq Ft
10/01/2014 10/01/14 Sold $483,750 -- $202 / 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 $12,983 $753,900 $470,000 $283,900
2023 $12,983 $836,000 $565,000 $271,000
2022 $12,570 $758,700 $520,000 $238,700
2021 $12,570 $628,200 $405,000 $223,200
2020 $12,266 $586,900 $365,000 $221,900
2019 $9,913 $471,600 $260,000 $211,600
2018 $9,807 $463,900 $260,000 $203,900
2017 $9,481 $460,000 $260,000 $200,000
2016 $9,517 $470,900 $260,000 $210,900
2015 $9,329 $418,900 $210,000 $208,900
2014 $8,959 $424,000 $284,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22217996

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00489-0000-00013-20