Address
307 Norwood Avenue, Long Branch, NJ
Price
$ 1,750,000
Property Attributes
  • MLS#22326129
  • TypeMulti-Family
  • CountyMONMOUTH
  • CityLong Branch
  • AreaLong Branch
  • NeighborhoodLong Branch
  • Zip07740
  • Style
  • Taxes$ 13621
  • Price$ 1,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4300
  • Lot Size0.53 Acres
Data Source:
Monmouth Ocean Regional REALTORS® (MOMLS)
Property Description

FOUR FAMILY Great investment opportunity in high growth Long Branch. Only 7 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. Solar panels reduces expenses dramatically for landlord and tenants. Cap rate is 7.5%

Middle School
Long Branch Middle School
Price History
9/18/2023 Listed $1,999,000
5/22/2024 13% - $1,750,000

General Features

Sewer Public Sewer
Cooling Multi Units
Garage Spaces 1.0
Property SubType Four Family
Tax Year 2022
County Monmouth
New Construction No
Property Type Multi-Family
Attached Garage No
Subdivision Name None
Garage Y/N Yes
Status Active
Directions Between Brighton Ave and Hollywood Ave
City Long Branch
View Y/N No
Total Units 4
MLS Area West End
Lot Size Square Feet 23086.8
Waterfront Y/N No
Carport Y/N No
Street Name Norwood
Tax Annual Amount 13621.0
Home Warranty Y/N No
Middle/Junior High School Long Branch
Lease Renewal Y/N No
MLS Area Minor Long Branch (LON)
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 248
Standard Status Active
TaxOtherAnnualAssessmentAmount 0.0
MobileHomeRemainsYN No

Interior Features

Basement Partially Finished,Walk-Out Access
Air Conditioning Y/N Yes
Street Suffix Avenue
Electric On Property Y/N No

Exterior Features

Water Source Public
Lot Size Area 0.53
Spa No
Building Area Total 4300.0
Lot Dimensions 100 x 231
Lot Size Acres 0.53
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 07740

Price
AVG $1.65M
$1.75M
Taxes
AVG $10,931
$13,621
Visits
AVG 415
871
Data Provided by Inside Real Estate®
Walkscore
AVG 54
32
Data Provided by Walkscore® not using MLS data