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Long Branch 07740 Long Branch City
253 Albert Place
$550,000
● House - Off Market

253 Albert Place

Long Branch, NJ 07740
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,912 Ft²
$754,854
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Handyman special!  Looking for a project? This hone needs some TLC.  Secluded private property in the heart of Elberon.  Near houses of worship.
Unit Size
1,912 Ft²
Days on Market
-
Land Size
-
Price per sqft
$261
Property Type
House
Property Taxes
$709
HOA Dues
-
Year Built
2019

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #21822310)

Price History

Date / Event Date Event Price
Aug 20, 2018 Sold
Premium
Sold
Jun 5, 2018 Listed by Brokers 3 Realtors $499,000
Listed by Brokers 3 Realtors

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 7
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 11
  • Building Style: 5
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 2,194
  • Garage Type: 2
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 19,166
  • Lot Size Frontage Feet: 850
  • Total Building Area: 5,178
  • Building Area: 5,178
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 5,178
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000440
  • Standard Land Use Code: 1001
  • County Land Use Code: 2

Neighborhood

  • School District Name: Long Branch City School District
  • Census Tract: 806100

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 4
  • Account Number: 03180011
  • District: 27
  • Parcel: 27 00022- 02-00011
  • Block: 22.02
  • Lot: 11
  • Municipality: LONG BRANCH CITY
  • Latitude: 40.2676
  • Longitude: -73.9999

    Address

  • Full Address: 253 Albert Pl
  • Address - House Number: 253
  • Address - Street Name: Albert
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Long Branch
  • Carrier Code: C028
  • 4-Digit Zip Code: 4569
  • Zip Code: 07740

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,458,065

    Appraisal Valuation

  • Standard Deviation: 0.1719
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 3,200,964
  • High Value: 3,751,509
  • Low Value: 2,650,419

    Market Valuation

  • Market Total Value: $2,226,700
  • Market Land Value: $676,600
  • Market Improvement Value: $1,550,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,226,700
  • Assessed Land Value: $676,600
  • Assessed Improvements Value: $1,550,100

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020118541
  • Previous Sale Recording Date: Aug 23, 2018
  • Previous Sale Contract Date: Aug 17, 2018
  • Previous Sale Amount: $550,000
  • 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:

$1,017,000

Sale Price/ft²

$553

Above Asking

4.87%

Average Days on Market

83

Average Home Size

1644 ft²

Average Home Age

41.1 years

Currently For Sale

154 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 15 Morris Avenue, Long Branch, NJ, 07740

$3,200 /mo

  • 1 Bed
  • 1 Bath
15 Morris Avenue #308, Long Branch, NJ, 07740 Listing by Susan Marcrie
Unit for rent at 185 Morris Avenue, Long Branch, NJ, 07740

$3,200 /mo

  • 1 Bed
  • 1 Bath
  • 1,375 ft²
185 Morris Avenue #505, Long Branch, NJ, 07740 Listing by Michael Manna
Unit for rent at 1 Roseld Avenue, Deal, NJ, 07723

$3,600 /mo

  • 1 Bed
  • 1 Bath
  • 1,280 ft²
1 Roseld Avenue #B20, Deal, NJ, 07723 Listing by Elana Edery

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# 21822310
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 253 Albert Place built and last sold?
The property at 253 Albert Place was built in 2019 and last sold on Sep 30, 2020 for $2,500,000.
How much is this home worth?
The estimated value of the home located at 253 Albert Place is $0.
What are some comparable homes to 253 Albert Place?
There are currently no comparable homes to 253 Albert Place.
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