7 months on rocket

177 Union Ave, Long Branch, NJ, 07740

$1,250,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths
Multi
Schools Nearby

Location

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177 Union Ave, Long Branch$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
CoolingMulti Unit(s)
BasementYes
MLS #22326130
StatusActive

About 177 Union Ave

FOUR FAMILY!! Great investment opportunity in Long Branch's downtown redevelopment zone. 300 new apartments are being built directly across the street by the Kushner Companies (owners of Pier Village). Great investment opportunity in high growth Long Branch. Only 2 blocks to the beach. Close to Broadway for shopping and dining. Easy access from rt 36, rt35, rt 18 and Garden State Parkway exit 105. Close to Monmouth Medical Center and Monmouth University for potential seasonal rental options. Cap rate 7.2%

Property Details

Property Features

Listing Office:

  • Office Name: Douglas Elliman of NJ LLC
  • Listing Agent: Chris Katz

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Utilities

Utilities Information:

  • Cooling: Multi Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000

Tax Information:

  • Annual Amount: $7,380
  • 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

177 Union Ave vs Long Branch

234 DAYS ON ROCKET

+187 Days

$1,250,000

+$501K More

KEY TAKEAWAY

This property is $501K more than the Median Sold Price 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: #22326130

Listing Office:

  • Office Name: Douglas Elliman of NJ LLC
  • Listing Agent: Chris Katz

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: 5/10/2024, 9:20:40 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$7,380$353,100
2019$6,878$337,600
2018$6,879$325,400
2017$6,601$320,300

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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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-9772443
1
/10

  • Gregory Elementary School

  • 201 Monmouth Ave

  • 0.06 miles

  • Public District Grades PK-5

school-card-donut-9772444
4
/10

  • A A Anastasia Elementary School

  • 92 7th Ave

  • 0.59 miles

  • Public District Grades PK-5

school-card-donut-9772445
7
/10

  • Monmouth Beach Elementary School

  • 7 Hastings Pl

  • 1.66 miles

  • Public District Grades PK-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,516. The most common annual income of people living in Long Branch, NJ is less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Monmouth County›Long Branch›07740›177 Union Ave

This home is located at 177 Union Ave in Long Branch, NJ and zip code 07740 in the Downtown / Arts District neighborhood. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 18, 2023 and is currently priced at $1,250,000.

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. Listings spent 47 days on the market in April 2024, and had a median list price of $749,000 during the same period.

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

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