1 month on rocket

53 2nd Ave, Long Branch, NJ, 07740

$1,600,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
5 Full Baths
3,910 SqFt
$409/SqFt
Multi
Schools Nearby

Location

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53 2nd Ave, Long Branch$1,600,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved, Detached, Oversized
Garage3 spaces
Year Built1910
CoolingOther
BasementYes
MLS #22406627
Lot Size0.18 Acres
StatusActive

About 53 2nd Ave

Introducing a lucrative investment opportunity in the heart of Long Branch, NJ - a thriving 5-family income-producing home with substantial upside potential. This well-maintained property features a rare advantage of a 3-car garage at the rear, ensuring convenience and additional income. Ample parking space further enhances its appeal. Strategically located and poised for growth, this property promises not just stability but a smart investment with room for expansion. Don't miss the chance to capitalize on the abundant potential this 5-family home holds.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 3,910 SqFt

Listing Office:

  • Office Name: Weichert Realtors
  • Listing Agent: Michael Mizrahi

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 11

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Paved, Detached, Oversized

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Cooling: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000
  • Price Per SqFt: $409/SqFt

Tax Information:

  • Annual Amount: $10,316
  • 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

53 2nd Ave vs Long Branch

51 DAYS ON ROCKET

+4 Days

$1,600,000

+$851K More

$409/SqFt

-$40 Less

KEY TAKEAWAY

This property is $851K more than the Median Sold Price and $40/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: #22406627

Listing Office:

  • Office Name: Weichert Realtors
  • Listing Agent: Michael Mizrahi

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$10,316$493,600
2019$9,532$458,900
2018$9,532$450,900
2017$9,046$438,900

History based on county public records data.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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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-4564240
1
/10

  • Gregory Elementary School

  • 201 Monmouth Ave

  • 0.34 miles

  • Public District Grades PK-5

school-card-donut-4564241
4
/10

  • A A Anastasia Elementary School

  • 92 7th Ave

  • 0.83 miles

  • Public District Grades PK-5

school-card-donut-4564242
7
/10

  • Monmouth Beach Elementary School

  • 7 Hastings Pl

  • 1.84 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 $55,585. Residents of Long Branch, NJ typically earn less than $35k each year. The most common type of family is single, no kids. 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›53 2nd Ave

This home is located at 53 2nd Ave in Long Branch, NJ and zip code 07740 in the Downtown / Arts District neighborhood. This 3,910 square foot home, which was built in 1910, sits on a 0.18 acre lot. Features: 11 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $1,600,000.

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. The number of homes for sale in Long Branch, NJ increased by 9.3% between March 2024 and April 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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