117 3rd Avenue

Long Branch, NJ 07740

$1,199,000
Price
8
Beds
3,391 Sq. Ft.
$354 / Sq. Ft.
3,391
Sq. Ft.
$354
per Sq. Ft.

Description

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...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.
  1. Listed by Josh Starner • Sackman Realty
  2. Listed by William McClellan • Sackman Realty

Property Details for 117 3rd Avenue

Complex/Subdivision
None
Zoning
Multi-Family
New Construction
No
Waterview
No
Directions
.

Location

Listing Courtesy of Sackman Realty
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LISTING UPDATED: 04/25/2024 11:00 AM

Property Details for 117 3rd Avenue

StatusActive
MLS #22409893
Days on Market18
Taxes$9,506 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Three Family
Year Built1907
Lot Size0.31 AC / 13,503 SF
CountyMonmouth County

Location

Listing Courtesy of Sackman Realty
Add your commute

Building Information for 117 3rd Avenue

Stories2Residences3Year Built1907Building Size-Lot Size0.31 AC / 13,503 SF

Payment Calculator

$7,336 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,543

Property Taxes

$792

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 117 3rd Avenue

Summary
Location and General Information
  • Area/Section: None
  • Postal City: Long Branch
  • State: NJ
  • Municipality: Long Branch (LON)
  • Middle School: Long Branch
  • # Units in Bldg: 3
  • Block: 217
  • Apx Year Built: 1907.0
Parking
  • Garage: None
  • Parking: Off Street
  • # Car Garage: 0.0
Taxes and HOA Information
  • Tax ID#: 27-00217-0000-00015
  • Taxes: $9,506.00
  • Tax Year: 2023
Property
Lot Information
  • Apx SqFt: 3391.0
  • # Acres: 0.31
  • Lot: 15
  • Lot Dimensions: 57 x 237
Property and Assessments
  • Assessment - Total: 612100.0
  • Assessment - Improvements: 436200.0
  • Assessment Status: Assessed
  • Special Assessment: No
  • Asmnt - Land: 175900.0
  • Possession: At Closing
  • Deed Restricted: No
  • Property Sub-Type: Three Family
Utilities
  • Water Heater: Other - See Remarks
  • Water/Sewer: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Waterfront: No
  • Roof: Shingled
Interior Features
  • # Levels: 3
  • Basement: Other
  • Excluded: tenants personal property
  • Bedrooms: 8
  • Siding: Vinyl
Multi Family
Unit 1
  • Unit 1: # Bedrooms: 3
  • Unit 1: # Full Baths: 1
  • Unit 1: Rent: $2,500.00
Unit 2
  • Unit 2: # Bedrooms: 3
  • Unit 2: # Full Baths: 1
  • Unit 2: Rent: $2,000.00
Unit 3
  • Unit 3: # Bedrooms: 2
  • Unit 3: # Full Baths: 1
  • Unit 3: Rent: $2,200.00
Income & Expenses Information
  • Income & Expenses: Gross Income: 80000.0
  • Landlord Pays: Sewer, Snow Removal, Water, Yard Maintenance
  • Tenant Pays: Electricity, Gas, Heat, Hot Water

Property History for 117 3rd Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 117 3rd Avenue

Taxable ValueLand$175,900Additions$436,200Total$612,100
Tax Record2022$9,417 ($785 / month)
Home Facts
Beds6Total Finished SqFt3,391 SqFtAbove Grade Finished SqFt3,391 SqFtStories3Lot Size13,509 SqFtStyleSingle Family ResidenceYear Built1907ZoningR-4CountyMONMOUTHAPN27 00217-0000-00015

Schools near 117 3rd Avenue

This home is within Long Branch Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
A.A. Anastasia Elementary School
PublicK to 5

Long Branch Middle School
Public6 to 8

Long Branch High School
Public9 to 12

Gregory Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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117 3rd Avenue is a multi-family home for sale in Long Branch, NJ 07740. This property was listed for sale on April 11, 2024 by Sackman Realty, it's currently listed at $1,199,000. This listing's school district is Long Branch Public School District. Nearby schools include A.A. Anastasia Elementary School, Long Branch Middle School and Long Branch High School. 117 3rd Avenue is a 8-bed, 0-bath, 3,391 sqft multi-family home built in 1907.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sackman Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.