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  • Overview

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  • Sales & tax history

  • Schools

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Off market

Buy a multi-family propertyat 111 Branchport Avenue, Long Branch, NJ 07740

$795,000

$810,000 (-1.85%)

$0/mo

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Multifamily

2,093 Sq. Ft.

7,405 Sq. Ft. lot

211 Days on market

22234079 MLS ID

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About 111 Branchport Avenue multi-family property

No need to PROJECT income, this two family is bringing in CURRENT market valued rents. The perfect TURN KEY investment, this property has had many renovations in the past few years including newer kitchens, flooring, downstairs furnace and paint. Both tenants have leases and are renewed for 2023. Great corner lot location and separate entrances for each unit. Invest in one of the hottest markets along the Jersey Shore. Call to tour this excellent income property today.
No need to PROJECT income, this two family is bringing in CURRENT market valued rents. The perfect TURN KEY investment, this property has had many renovations in the past few years including newer kitchens, flooring, downstairs furnace and paint. Both tenants have leases and are renewed for 2023. Great corner lot location and separate entrances for each unit. Invest in one of the hottest markets along the Jersey Shore. Call to tour this excellent income property today.

Property details

Basement

Basement: Yes

House

Levels: 2.0

Expenses

Estimated Total Expenses: $11,841

Insurance Expense: $2,464

RE Tax Expense: $9,377

Fireplaces

Fireplace: Yes

Garage

Garage: No

Water

Waterfront: No

Waterview: No

Income

Gross Income: $72,000

Net Income: $60,159

Location

Area/Section: Branchport

Complex/Subdivision: None

County: Monmouth

Municipality: Long Branch (LON)

Lot

Dimensions: 50 x 150

Pool

Pool: No

Schools

Middle School: Long Branch

Taxes

Tax Year: 2022

Taxes: $9,377

Monthly cost

Estimated monthly cost

$6,212/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Sep. 24, 2019

Price

$330,000

Date

Feb. 6, 2004

Price

$40,000

Date

Jun. 24, 2002

Price

$40,000

DatePrice
Sep. 24, 2019$330,000
Feb. 6, 2004$40,000
Jun. 24, 2002$40,000

Schools

This home is within the Long Branch School District.

Long Branch enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$747,300

+$23,850

$771,150

Seller agent commission$23,850 (3%)*

$0 (0%)

Buyer agent commission$23,850 (3%)*

$23,850 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $23,850 more selling your home
with a Unreal Estate agent

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State

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Unreal Estate checked: Jun. 2, 2023 at 6:24 a.m.

Data updated: Mar. 16, 2023 at 8:29 p.m.

Courtesy of Michele Irizarry, Shore Prime Properties LLC.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing Information © 2023 Monmouth Ocean Regional MLS. All Rights Reserved.

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