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48 Pavilion Avenue

48 Pavilion Avenue, Long Branch, NJ 07740
Commercial in Long Branch City
48 Pavilion Avenue in Long Branch, NJ was first built in 1971 and is 53 years old. This has been categorized as a commercial property type. It is a single story home. 48 Pavilion Avenue has 2,304 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,879 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The exterior walls of the home are made of concrete block. The property was last sold in Dec 11, 2019 for $857,000. That's $371.96 per sqft. 48 Pavilion Avenue was last assessed in 2023. The total value of the property was assessed at $645,100. Specifically, the land the property is located on was valued at $159,800. While improvements on the property were assessed at a total of $485,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $10,018. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Stucco Exterior

Parking

Garage Parking
Off Street Parking
Open Parking
Parking Lot
Paved Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190516
05/16/2019
Studio
-
-
$989,000
bedrooms
Studio
bathrooms
-
$857,000 -13.35%
01/23/2020
-
Debra Malanga

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,879
  • Total Building Area: 2,304
  • Gross Building Area: 2,304
  • Building Area: 2,304
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,304
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.227
  • Standard Land Use Code: Commercial (general)

Ownership

  • Current Owner : THRIVE REALTY LLC
  • Previous Owner : GOLDFARB MICHAEL A
  • Previous Owner 2: GOLDFARB BARBARA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Long Branch City School District
  • Census Tract: 805800

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: TAX MAP 24
  • Account Number: 30810000
  • District: 27
  • Parcel: 27 00214-0000-00006
  • Block: 214
  • Lot: 6
  • Municipality: LONG BRANCH CITY
  • Latitude: 40.297
  • Longitude: -73.9817

    Address

  • Full Address: 48 Pavilion Ave
  • Address - House Number: 48
  • Address - Street Name: Pavilion
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Long Branch
  • Carrier Code: C004
  • 4-Digit Zip Code: 6413
  • Zip Code: 07740

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,018

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $570,000
  • First Open Lien Mortgage Lender: OCEANFIRST BANK
  • First Open Lien Mortgage Recording Date: Jan 23, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $570,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jan 23, 2050

    Market Valuation

  • Market Total Value: $645,100
  • Market Land Value: $159,800
  • Market Improvement Value: $485,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $645,100
  • Assessed Land Value: $159,800
  • Assessed Improvements Value: $485,300

    Sales

  • Current Sale Contract Date: Dec 11, 2019
  • Current Sale Recording Date: Jan 23, 2020
  • Current Sale Transaction ID: 11722440322
  • Current Sale Price: $857,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020008642

    Last Sale Mortgage

  • First Mortgage Lender: OCEANFIRST BANK
  • First Mortgage Transaction Date: Jan 23, 2020
  • First Mortgage Loan Amount: $570,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

About Long Branch City



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Frequently Asked Questions

What neighborhood is 48 Pavilion Avenue located in?
The 48 Pavilion Avenue is a commercial located in the neighborhood of Long Branch City in Long Branch City, Long Branch.
What is the average sales price for listings in 48 Pavilion Avenue?
The average sales price for units in 48 Pavilion Avenue is $950,000 currently.

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