Address
307 Norwood Avenue, Long Branch, NJ
Price
$ 1,999,000
Property Attributes
  • MLS#22326129
  • TypeMulti-Family
  • CountyMONMOUTH
  • CityLong Branch
  • AreaLong Branch
  • NeighborhoodLong Branch
  • Zip07740
  • Style
  • Taxes$ 13621
  • Price$ 1,999,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4300
  • Lot Size0.53 Acres
Data Source:
Monmouth Ocean Regional REALTORS® (MOMLS)
Property Description

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

General Features

Additional Parcels Y/N No
Attached Garage No
Carport Y/N No
City Long Branch
Cooling Multi Units
County Monmouth
Days on Market 79
Directions Between Brighton Ave and Hollywood Ave
Garage Spaces 1.0
Garage Y/N Yes
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Lot Size Square Feet 23086.8
MLS Area West End
MLS Area Minor Long Branch (LON)
Middle/Junior High School Long Branch
Mobilehomeremainsyn No
New Construction No
Property SubType Four Family
Property Type Multi-Family
Rent Control Y/N No
Sewer Public Sewer
Standard Status Active
Status Active
Street Name Norwood
Subdivision Name None
Tax Annual Amount 13621.0
Tax Year 2022
TaxOtherAnnualAssessmentAmount 0.0
Total Units 4
View Y/N No
Waterfront Y/N No

Interior Features

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

Exterior Features

Building Area Total 4300.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Dimensions 100 x 231
Lot Size Acres 0.53
Lot Size Area 0.53
Lot Size Units Acres
Open Parking Y/N No
Spa 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 $1.34M
$2M
Taxes
AVG $8,619
$13,621
Visits
AVG 92
153
Data Provided by Inside Real Estate®
Walkscore
AVG 66
32
Data Provided by Walkscore® not using MLS data