NOT LISTED FOR SALE

57 2nd Ave Long Branch, NJ 07740

12 Beds
7 Baths
4,900 Sq Ft
1909 Built

Last Sold July 16, 2014

Last sale price $545,000 $111 Per Sq Ft

70 Days on Market

Highlights

  • Wood Flooring
  • Screened Porch
  • Thermal Windows
  • Attic
  • 2 Car Detached Garage
  • Patio

About This Home

As of July 2014

This interesting 6 family home with finished basement is what you have been looking for. Located in desirable Long Branch, only a few short steps to Pier Village and the wonderful shops, dining and well-known boardwalk. A good investment property that affords you the possibility of using a unit to summer at the Jersey Shore while collecting income all year-round.

Last Listed By

Vito Muolo

A Mancini Realty License #8335506 Listed on: 04/01/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,893

Year Built

  • Built in 1909

Lot Details

  • Lot Dimensions are 50x163
  • Fenced
  • Level Lot

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 4,900 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Window Screens
  • Screened Porch
  • Stove
  • Attic

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7 Bathrooms

Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement

Parking

  • 2 Car Detached Garage
  • Common or Shared Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed

Schools

  • Anastasia Elementary School
  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Heating System Uses Natural Gas
  • Furnace
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for hot water, yard maintenance, water, sewer, heat, electricity
  • Assessor Parcel Number 00287000000013

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $3,900
  • Fuel Expense $3,200
  • Insurance Expense $5,000
  • Maintenance Expense $10,000
  • Water Sewer Expense $4,500
  • Gross Income $72,600
  • Net Operating Income $34,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,893

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • ResoLotFeatures: Fenced Area, Level
  • Income And Expenses Maintenance Expense: 10000.0
  • Subdivision Name: None
  • Reso Flooring: Wood, Ceramic Tile
  • Reso Interior Features: Attic
  • New Construction: No
  • Year Built: 1909
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50X163
  • Location Middle School: Long Branch
  • Roof Shingled: Yes
  • Lot Description Fenced Area: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • Exterior Lighting: Yes
  • SidingAluminum: Yes
  • General Property Info Handicap Access: No
  • Interior Attic: Yes
  • Exterior Thermal Window: Yes
  • Basement Heated: Yes
  • Exterior Porch - Screened: Yes
  • General Property Info # Parking Spaces: 2.0
  • Exterior Shed3: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Water Heater: Yes
  • Unit 1 Furnace: Yes
  • Income Expenses Electric Expense: 3900.0
  • Income Expenses Insurance Expense: 5000.0
  • Income Expenses WaterSewer Expense: 4500.0
  • Income Expenses Gross Income2: 72600.0
  • Income Expenses Net Income: 34100.0
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 4 Gas Stove10: Yes
  • Exterior Screens2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Gas Stove2: Yes
  • Income Expenses Gas Expense: 3200.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Walk-Out Access, Full, Heated, Partial
  • Basement: Yes
  • Total Bedrooms: 12
  • Stories: 3
  • Full Basement: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Aluminum Siding
  • Exterior Features: Patio, Porch - Screened, Thermal Window, Screens, Lighting

Garage/Parking

  • Garage: Yes
  • Attached Garage: No
  • Parking Features: Paved, Common, Off Street, On Street, Detached
  • Total Parking Spaces: 2.0
  • General Property Info:Garage: Yes
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes
  • Parking Features:Garage Detached: Yes
  • GarageParking:Common: Yes
  • Parking:Paved2: Yes

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 4500.0

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50X163
  • Parcel #: 00287000000013
  • Zoning Description: Non-Conforming

Rental Info

  • Tenant Pays: Gas, Electricity
  • Owner Pays: Hot Water, Yard Maintenance, Water, Sewer, Heat, Electricity

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 6893.0
  • Tax Other Annual Assessment Amount: 337400.0

Multi Family

  • Number Of Units Total: 6
  • Electric Expense: 3900.0
  • Annual Gross Income: 72600.0
  • Insurance Expense: 5000.0

MLS Schools

  • Elementary School: Anastasia
  • High School: Long Branch

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2014 07/16/14 Sold $545,000 -- $111 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2014

    Vito Muolo

    A Mancini Realty

    Vito Muolo
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 21412078

MOREMLS (Monmouth Ocean Regional REALTORS®)

New Jersey Monmouth County Long Branch 07740

57 2nd Ave, Long Branch, NJ

Homes for Sale in Long Branch, NJ

This home is located at 57 2nd Ave, Long Branch, NJ 07740 since 01 April 2014. This property was built in 1909. 57 2nd Ave is a home located in Monmouth County with nearby schools including Long Branch High School and Holy Trinity School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.