S
Seller's Agent in 2023
Shira Perlstein
Coldwell Banker Realty
(732) 609-7797
4 in this area
57 Total Sales
75 Morrell St Long Branch, NJ 07740
Estimated Value: $648,042 - $775,000
5
Beds
2
Baths
2,256
Sq Ft
$318/Sq Ft
Est. Value
About This Home
As of October 2023This is the one you have been waiting for, Two family home in sought after Long Branch. This home offers on the first floor; 3 beds 1 Bath with hardwood floors, high ceilings, deck. Second floor; 2 beds 1 Bath. New roof, windows and large backyard. Great investment opportunity. Prime location just minutes from New Jersey's best beaches, public transportation, Pier Village, restaurants and shopping centers.
Last Listed By
Coldwell Banker Realty Brokerage Phone: 732-609-7797 License #1865156 Listed on: 08/28/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,106
Year Built
- Built in 1915
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50 x 150
Home Design
- Duplex
Interior Spaces
- 2,256 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Schools
- Long Branch Middle School
Utilities
- Multiple cooling system units
- Hot Water Heating System
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Exclusions: Personal Items, washer and dryer, shed
- Tenant pays for hot water
- Assessor Parcel Number 27-00175-0000-00010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2023
Closed on
Oct 6, 2023
Sold by
75 Morrell Street Llc
Bought by
Morrell Street 75 Llc
Seller's Agent
Shira Perlstein
Coldwell Banker Realty
Buyer's Agent
Michael Mizrahi
Weichert Realtors
List Price
$599,000
Sold Price
$642,500
Premium/Discount to List
$43,500
7.26%
Total Days on Market
25
Views
183
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,261
Avg. Annual Appreciation
5.18%
Purchase Details
Closed on
Aug 12, 2022
Sold by
Pierson Jason E and Pierson Amy R
Bought by
75 Morrell Street Llc
Purchase Details
Closed on
May 27, 2008
Sold by
Perez Luis
Bought by
Pierson Jason E and Pierson Amy R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
6.11%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 24, 2005
Sold by
Tomaino Peter J
Bought by
Perez Luis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
6.75%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morrell Street 75 Llc | $642,500 | Madison Title | |
| 75 Morrell Street Llc | $244,484 | -- | |
| Pierson Jason E | $377,500 | None Available | |
| Perez Luis | $399,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pierson Jason E | $260,000 | |
| Previous Owner | Pierson Jason E | $305,100 | |
| Previous Owner | Pierson Jason E | $302,000 | |
| Previous Owner | Perez Luis | $338,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/26/2023 10/26/23 | Sold | $642,500 | +7.3% | $285 / Sq Ft |
| 09/22/2023 09/22/23 | Pending | -- | -- | -- |
| 08/28/2023 08/28/23 | For Sale | $599,000 | -- | $266 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Tax History Compared to Growth
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 | $7,636 | $556,700 | $227,600 | $329,100 |
| 2023 | $7,636 | $491,700 | $177,600 | $314,100 |
| 2022 | $6,707 | $396,300 | $119,600 | $276,700 |
| 2021 | $6,707 | $335,200 | $99,600 | $235,600 |
| 2020 | $6,747 | $322,800 | $88,600 | $234,200 |
| 2019 | $6,623 | $315,100 | $89,600 | $225,500 |
| 2018 | $6,486 | $306,800 | $89,600 | $217,200 |
| 2017 | $6,239 | $302,700 | $89,600 | $213,100 |
| 2016 | $6,107 | $302,200 | $94,600 | $207,600 |
| 2015 | $5,795 | $260,200 | $96,500 | $163,700 |
| 2014 | $5,356 | $253,500 | $108,200 | $145,300 |
Source: Public Records
Agents Affiliated with this Home
-
Shira Perlstein
-
Michael Mizrahi
Buyer's Agent in 2023
Michael Mizrahi
Weichert Realtors
(732) 539-8801
10 in this area
84 Total Sales
Map
Similar Homes in Long Branch, NJ
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22323984
APN: 27-00175-0000-00010
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.
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.
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