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5
Map
$1,250,000
●
Multifamily -
For Sale
177 Union Avenue
Long Branch, NJ 07740
Studio
0 Bath
$1,242,203
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
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%
Cap rate 7.2%
Unit Size
-
Days on Market
222 days
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$633
HOA Dues
-
Year Built
1915
Listed By
Last updated: 8 months ago (MOMLSNJ #22326130)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2023 | Listed by Douglas Elliman of NJ LLC | $1,250,000 | |
| Listed by Douglas Elliman of NJ LLC | |||
| Mar 4, 2022 | Sold | $710,000 | |
| Sold | |||
Property Highlights
177 Union Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
House
6
Beds
7
Baths
6,071 ft²
$149/ft²
$905,000
Aug 21, 2016
$905,000
Oct 25, 2016
-
Active
House
6
Beds
4.5
Baths
3,216 ft²
$373/ft²
$1,199,000
Aug 22, 2023
-
$1,007/mo
In Contract
Condo
3
Beds
2
Baths
1,885 ft²
$610/ft²
$1,150,000
Aug 11, 2023
-
$1,740/mo
In Contract
Condo
3
Beds
2
Baths
1,930 ft²
$570/ft²
$1,100,000
Sep 1, 2023
-
$1,677/mo
In Contract
Condo
2
Beds
2
Baths
1,592 ft²
$691/ft²
$1,100,000
Sep 6, 2023
-
$1,693/mo
In Contract
Condo
2
Beds
2
Baths
1,343 ft²
$1,113/ft²
$1,495,000
Mar 27, 2023
-
$1,480/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
10/20/2021
|
|
7 Bed
|
4 Bath
|
-
|
$749,900
7 Bed
4 Bath
|
-
-
|
-
|
Mario Silvestre
Mario's Realty Inc
|
Building Info
