11 days on rocket

478 2nd Ave, Long Branch, NJ, 07740

$650,000

Home List Price

$7,719*

Closing Credit

3 Bedrooms
2 Full Baths
1,179 SqFt
$551/SqFt
Multi
Schools Nearby

Location

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478 2nd Ave, Long Branch$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1940
CoolingOther
MLS #22411478
Lot Size0.17 Acres
StatusActive

About 478 2nd Ave

Here is an amazing opportunity to invest/live in a 2 family home in the highly sought after West End section of Long Branch only 2 short blocks from the beach, boardwalk with all the surrounding restaurants, cafes, shopping, hospitals, parks, and religious worship. With the right investor/homeowner this 2 family home can transform into a income producing multifamily dwelling with endless investment opportunities. Whether you choose a total renovation or a possible teardown, this property offers endless potential for the right investor. This two family home requires a total reno or possible teardown. This home is being Sold strictly ''As-Is''

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Living Area: 1,179 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Listing Agent: Irving Cham

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $551/SqFt

Tax Information:

  • Annual Amount: $6,310
  • 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

478 2nd Ave vs Long Branch

11 DAYS ON ROCKET

-36 Days

$650,000

-$99K Less

$551/SqFt

+$102 More

KEY TAKEAWAY

This property is $99K less than the Median Sold Price and $102/SqFt more 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: #22411478

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Listing Agent: Irving Cham

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: 5/8/2024, 12:50:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 07, 2017Home Sold
$280,000
Mar 03, 2004Home Sold
$315,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,310$301,900
2019$6,244$295,900
2018$6,245$295,400
2017$6,191$300,400

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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NMLS#3030

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-8172557
1
/10

  • Gregory Elementary School

  • 201 Monmouth Ave

  • 1.22 miles

  • Public District Grades PK-5

school-card-donut-8172558
4
/10

  • A A Anastasia Elementary School

  • 92 7th Ave

  • 1.33 miles

  • Public District Grades PK-5

school-card-donut-8172559
6
/10

  • Betty McElmon Elementary School

  • 20 Parker Rd

  • 1.79 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 $54,035. The most common annual income of people living in Long Branch, NJ is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Monmouth County›Long Branch›07740›478 2nd Ave

This home is located at 478 2nd Ave in Long Branch, NJ and zip code 07740 in the West End Long Branch neighborhood. This 1,179 square foot home, which was built in 1940, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $650,000.

Long Branch, NJ housing market in April 2024 saw over 1 listings sold above listed price, more than 8 sold at listed price and over 13 sold below. The inventory of homes for sale in Long Branch, NJ between March 2024 and April 2024 increased by 9.3%. While the average time on the market in April 2024 was 47 days, the median list price was $749,000.

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

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