279 Cleveland Avenue

Long Branch, NJ 07740

$2,600,000
Price
10
Beds
5,341 Sq. Ft.
$487 / Sq. Ft.
5,341
Sq. Ft.
$487
per Sq. Ft.

Description

Large 8 FAMILY Property for Sale in the heart of Long Branch located on an oversized lot. Property is currently fully occupied comprised of (7) 1BR/1BA units and (1) 3BR/BA unit. Most units have been newly renovated and one unit fully renovated with all new flooring, lighting and appliances. One unit contains washer/dryer while the other units have shared washer/dryer in basement. Tons of storage available as well as private off street parking for commerical vehicles. All mechanicals have been serviced...Large 8 FAMILY Property for Sale in the heart of Long Branch located on an oversized lot. Property is currently fully occupied comprised of (7) 1BR/1BA units and (1) 3BR/BA unit. Most units have been newly renovated and one unit fully renovated with all new flooring, lighting and appliances. One unit contains washer/dryer while the other units have shared washer/dryer in basement. Tons of storage available as well as private off street parking for commerical vehicles. All mechanicals have been serviced and in great working order, new electrical panels and updated plumbing.
  1. Listed by Michael Sclafani • RE/MAX Central

Property Details for 279 Cleveland Avenue

Complex/Subdivision
None
Zoning
Multi-Family
New Construction
No
Waterview
No
Directions
279 Cleveland Ave, Long Branch 07740

Location

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LISTING UPDATED: 05/03/2024 06:56 AM

Property Details for 279 Cleveland Avenue

StatusActive
MLS #22412133
Days on Market18
Taxes$11,017 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Six Family
Year Built1890
Lot Size0.42 AC / 18,295 SF
CountyMonmouth County

Location

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Building Information for 279 Cleveland Avenue

Stories3Residences8Year Built1890Building Size-Lot Size0.42 AC / 18,295 SF

Payment Calculator

$15,107 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,189

Property Taxes

$918

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 279 Cleveland 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: 8
  • Block: 187
  • Apx Year Built: 1890.0
Parking
  • Garage: None
  • Parking: Off Street, Paved
  • # Car Garage: 0.0
  • # Parking Spaces: 10.0
Taxes and HOA Information
  • Tax ID#: 27-00187-0000-00006
  • Taxes: $11,017.00
  • Tax Year: 2023
Property
Lot Information
  • Apx SqFt: 5341.0
  • # Acres: 0.42
  • Lot: 6
  • Lot Dimensions: 85 x 175
Property and Assessments
  • Assessment - Total: 709400.0
  • Assessment - Improvements: 408400.0
  • Assessment Status: Assessed
  • Special Assessment: No
  • Asmnt - Land: 301000.0
  • Possession: At Closing
  • Deed Restricted: No
  • Property Sub-Type: Six Family
Utilities
  • Handicap Access: No
  • Fireplace: No
  • Water Heater: Natural Gas, Tank
  • Water/Sewer: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Waterfront: No
  • Roof: Shingled
Interior Features
  • # Levels: 3
  • Basement: Full, Walk-Out Access
  • Bedrooms: 10
  • Siding: Vinyl
Multi Family
Unit 1
  • Unit 1: Gas Stove, Refrigerator
  • Unit 1: # Bedrooms: 1
  • Unit 1: Bedroom Level: 2
  • Unit 1: # Full Baths: 1
  • Unit 1: Rent: $1,950.00
Unit 2
  • Unit 2: Gas Stove, Refrigerator
  • Unit 2: # Bedrooms: 1
  • Unit 2: Bedroom Level: 2
  • Unit 2: # Full Baths: 1
  • Unit 2: Rent: $2,400.00
Unit 3
  • Unit 3: Gas Stove, Refrigerator
  • Unit 3: # Bedrooms: 1
  • Unit 3: Rent: $2,000.00
Unit 4
  • Unit 4: Gas Stove, Refrigerator
  • Unit 4: # Bedrooms - Unit 4: 1
  • Unit 4: Bedroom Level: 2
  • Unit 4: # Full Baths - Unit 4: 1
  • Unit 4: Rent: $2,115.00
Unit 5
  • Unit 5: Gas Stove, Refrigerator
  • Unit 5: # Bedrooms: 3
  • Unit 5: Bedroom Level: 3
  • Unit 5: Rent: $3,000.00
Unit 6
  • Unit 6: Gas Stove, Refrigerator
  • Unit 6: # Bedrooms: 1
  • Unit 6: Bedroom Level: 1
  • Unit 6: # Full Baths: 1
  • Unit 6: Rent: $2,850.00
Unit 7
  • Unit 7: Gas Stove, Refrigerator
  • Unit 7: # Bedrooms: 1
  • Unit 7: Bedroom Level: 1
  • Unit 7: # Full Baths: 1
  • Unit 7: Rent: $1,800.00
Unit 8
  • Unit 8: Dryer, Gas Stove, Refrigerator, Washer
  • Unit 8: # Bedrooms: 1
  • Unit 8: # Full Baths: 1
  • Unit 8: Rent: $2,650.00
Income & Expenses Information
  • Tenant Pays: Electricity, Gas, Sewer, Water

Property History for 279 Cleveland 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 279 Cleveland Avenue

Taxable ValueLand$301,000Additions$408,400Total$709,400
Tax Record2022$11,362 ($947 / month)
Home Facts
Total Finished SqFt5,341 SqFtAbove Grade Finished SqFt5,341 SqFtStories3Lot Size18,173 SqFtStyleMulti-Family Res (5+ Units)Year Built1890ZoningR-4CountyMONMOUTHAPN27 00187-0000-00006

Schools near 279 Cleveland 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.

Similar Homes

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279 Cleveland Avenue is a multi-family home for sale in Long Branch, NJ 07740. This property was listed for sale on May 2, 2024 by RE/MAX Central, it's currently listed at $2,600,000. It has been on the market for a total of 18 days and was last sold on July 13, 2023. 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. 279 Cleveland Avenue is a 10-bed, 0-bath, 5,341 sqft multi-family home built in 1890.

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 RE/MAX Central

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.