177 Union Avenue

Long Branch, NJ 07740

$1,250,000
Price
6
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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%
  1. Listed by Chris Katz • Douglas Elliman of NJ LLC
  2. Listed by Todd Katz • Douglas Elliman of NJ LLC

Property Details for 177 Union Avenue

Complex/Subdivision
None
Waterview
No
Directions
Liberty to Union

Location

Listing Courtesy of Douglas Elliman of NJ LLC
Add your commute
LISTING UPDATED: 05/03/2024 03:29 PM

Property Details for 177 Union Avenue

StatusActive
MLS #22326130
Days on Market229
Taxes$7,601 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Four Family
Year Built-
Lot Size0.17 AC / 7,500 SF
CountyMonmouth County

Location

Listing Courtesy of Douglas Elliman of NJ LLC
Add your commute

Building Information for 177 Union Avenue

Stories-Residences4Year Built-Building Size-Lot Size0.17 AC / 7,500 SF

Payment Calculator

$7,455 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$633

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 177 Union 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: 4
  • Block: 273
Parking
  • Garage: No
  • # Car Garage: 0.0
Taxes and HOA Information
  • Tax ID#: 27-00273-0000-00004
  • Taxes: $7,601.00
  • Tax Year: 2022
Property
Lot Information
  • Lot: 4
  • Lot Dimensions: 50 x 150
Property and Assessments
  • Assessment - Total: 0.0
  • Assessment Status: Assessed
  • Possession: At Closing
  • Deed Restricted: No
  • Property Sub-Type: Four Family
Utilities
  • Water Heater: Natural Gas
  • Water/Sewer: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Waterfront: No
Interior Features
  • Basement: Walk-Out Access
  • Bedrooms: 6
Multi Family
Unit 1
  • Unit 1: # Bedrooms: 3
Unit 2
  • Unit 2: # Bedrooms: 2
Unit 3
  • Unit 3: # Bedrooms: 1
Unit 4
  • Unit 4: # Bedrooms - Unit 4: 0

Property History for 177 Union 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 177 Union Avenue

Taxable ValueLand$118,000Additions$582,700Total$700,700
Tax Record2022$7,601 ($633 / month)
Home Facts
Beds6Total Finished SqFt2,508 SqFtAbove Grade Finished SqFt2,508 SqFtStories2Lot Size7,500 SqFtStyleSingle Family ResidenceYear Built1915ZoningLBCCountyMONMOUTHAPN27 00273-0000-00004

Schools near 177 Union 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
Gregory Elementary School
PublicK to 5

Long Branch Middle School
Public6 to 8

Long Branch High School
Public9 to 12

A.A. Anastasia 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.

Similar Homes

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177 Union Avenue is a multi-family home for sale in Long Branch, NJ 07740. This property was listed for sale on September 18, 2023 by Douglas Elliman of NJ LLC, it's currently listed at $1,250,000. It has been on the market for a total of 229 days and was last sold on March 1, 2022. This listing's school district is Long Branch Public School District. Nearby schools include Gregory Elementary School, Long Branch Middle School and Long Branch High School. 177 Union Avenue is a 6-bed, 0-bath, multi-family home.

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 Douglas Elliman of NJ LLC

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.