20 days on rocket

117 3rd Ave, Long Branch, NJ, 07740

$1,199,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
3 Full Baths
3,391 SqFt
$354/SqFt
Multi
Schools Nearby

Location

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117 3rd Ave, Long Branch$1,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street, None
Year Built1907
HeatingOther
CoolingOther
BasementYes
MLS #22409893
Lot Size0.31 Acres
StatusActive

About 117 3rd Ave

Welcome to your next income-generating opportunity in Long Branch, NJ! This expansive 3-family house is strategically located close to the beaches and train station, offering convenience and potential for a lucrative investment. Key features of this property include: - Ample off-street parking, ensuring convenience for tenants and guests alike. - A spacious lot, providing plenty of outdoor space for relaxation or potential expansion. - Three separate apartments within the house, offering flexibility and multiple income streams with separate gas and electric meters. Whether you're looking to grow your real estate portfolio or generate passive income, this property presents an excellent opportunity near areas of redevelopment.

Property Details

Property Features

Property Information:

  • Year Built: 1907
  • Living Area: 3,391 SqFt

Listing Office:

  • Office Name: Sackman Realty
  • Listing Agent: Josh Starner

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street, None

Lot Features

Lot Information:

  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000
  • Price Per SqFt: $354/SqFt

Tax Information:

  • Annual Amount: $9,326
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Long Branch, NJ.

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Long Branch, NJ

City

Med. Sold Price

$749K

Med. Price/SqFt

$448

Avg. Days On Market

47

# of Sold Homes

22

117 3rd Ave vs Long Branch

20 DAYS ON ROCKET

-27 Days

$1,199,000

+$450K More

$354/SqFt

-$95 Less

KEY TAKEAWAY

This property is $450K more than the Median Sold Price and $95/SqFt less than other homes in Long Branch, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22409893

Listing Office:

  • Office Name: Sackman Realty
  • Listing Agent: Josh Starner

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:50:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$9,326$446,200
2019$8,491$421,000
2018$8,492$401,700
2017$7,914$384,000

History based on county public records data.

Payment Calculator

$6,052

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,661

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4552532
1
/10

  • Gregory Elementary School

  • 201 Monmouth Ave

  • 0.42 miles

  • Public District Grades PK-5

school-card-donut-4552533
4
/10

  • A A Anastasia Elementary School

  • 92 7th Ave

  • 0.68 miles

  • Public District Grades PK-5

school-card-donut-4552534
6
/10

  • Betty McElmon Elementary School

  • 20 Parker Rd

  • 1.83 miles

  • Public District Grades PK-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,658. Typical income of Long Branch, NJ residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Monmouth County›Long Branch›07740›117 3rd Ave

This home is located at 117 3rd Ave in Long Branch, NJ and zip code 07740 in the Downtown / Arts District neighborhood. This 3,391 square foot home, which was built in 1907, sits on a 0.31 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $1,199,000.

Over 1 listings were sold over their listed price in April 2024 in Long Branch, NJ. In the same period over 13 listings were sold below the listed price and 8 listings were sold for the listed price. In April 2024 in Long Branch, NJ there were 9.3% more homes for sale than in March 2024. In April 2024 median list price was $749,000 and the average listing age was 47 days.

From Rocket Homes Real Estate and based on county public records data.

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