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Long Branch 07740 Long Branch City
2 S Elberon Square
$2,100,000
● House - Off Market

2 S Elberon Square

Long Branch, NJ 07740
bedrooms
7 Beds
bathrooms
6 Baths, 1 Half Bath
$5,166,942
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

Providing a new definition of elegance, this 7 bedroom, 4 full and 1 half bath Tudor offers a remarkable blend of authentic character and luxury amenities.  Dramatically combining traditional detailing with modern amenities providing the ultimate lifestyle.  Framed by manicured grounds and mature plantings, this stately residence has been meticulously maintained.  Spacious floor plan includes 4 fireplaces, formal living and dining rooms, sunfilled Great Room, dining area off  bright kitchen.  Private rear yard is a tranquil paradise w/in-ground pool & pool house.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$3,141
HOA Dues
-
Year Built
1910

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MOMLS #21826509)

Price History

Date / Event Date Event Price
Jan 4, 2019 Sold
Premium
Sold
Jul 5, 2018 Listed by Brokers 3 Realtors $3,400,000
Listed by Brokers 3 Realtors

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 5
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 6
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,361
  • Garage Type: 10
  • Garage Square Area: 432
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 2

    Dimensions

  • Lot Size Square Feet: 44,100
  • Lot Size Depth Feet: 2,450
  • Lot Size Frontage Feet: 1,800
  • Total Building Area: 5,699
  • Building Area: 5,699
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,699
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001012
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Deal Borough School District
  • Census Tract: 806100

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: TAX MAP 1
  • Account Number: 00230000
  • District: 27
  • Parcel: 27 00002-0000-00011
  • Block: 2
  • Lot: 11
  • Municipality: LONG BRANCH CITY
  • Latitude: 40.263
  • Longitude: -73.991

    Address

  • Full Address: 2 S Elberon Sq
  • Address - House Number: 2
  • Street Direction: S
  • Address - Street Name: Elberon
  • Address - Suffix Type: Sq
  • State: NJ
  • City Name: Long Branch
  • Carrier Code: C022
  • 4-Digit Zip Code: 4568
  • Zip Code: 07740

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,718,169

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 3,636,491
  • High Value: 4,261,944
  • Low Value: 3,011,039

    Market Valuation

  • Market Total Value: $3,038,100
  • Market Land Value: $2,010,300
  • Market Improvement Value: $1,027,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,038,100
  • Assessed Land Value: $2,010,300
  • Assessed Improvements Value: $1,027,800

    Sales

  • Current Sale Contract Date: Jan 04, 2019
  • Current Sale Recording Date: Jan 16, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019005244
  • Previous Sale Recording Date: May 15, 1995
  • Previous Sale Contract Date: May 09, 1995
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Long Branch City

Stats & Trends

Median Asking:

$999,000

Sale Price/ft²

$554

Above Asking

4.84%

Average Days on Market

83

Average Home Size

1556 ft²

Average Home Age

38.5 years

Currently For Sale

161 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 590 Ocean Avenue, Long Branch, NJ, 07740

$15,000 /mo

  • 1 Bed
  • 1 Bath
590 Ocean Avenue, Long Branch, NJ, 07740 Listing by Elana Edery
Unit for rent at 455 Ocean Boulevard, Long Branch, NJ, 07740

$14,500 /mo

  • 1 Bed
  • 1 Bath
455 Ocean Boulevard #6, Long Branch, NJ, 07740 Listing by Michael Crocitto

Rentals Near You

Click here to view more rentals in the neighborhood.
MOMMLS

Listed by: Rose Tawil, Brokers 3 Realtors
Last Updated: 3 years ago
Data Source: MOMMLS, MLS# 21826509
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2 South Elberon Square built and last sold?
The property at 2 South Elberon Square was built in 1910 and last sold on Jan 4, 2019 for $2,100,000.
How much is this home worth?
The estimated value of the home located at 2 South Elberon Square is $3,434,000.
What are some comparable homes to 2 South Elberon Square?
There are currently no comparable homes to 2 South Elberon Square.
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