$1,850,000
Long Branch, NJ 07740
MLS# 22326388
Status: Closed
12 beds | 7 baths | 7030 sqft
1 / 44
Property Description
UNDER CONTRACT SELLERS WILL ENTERTAIN BACK UPM OFFERS! 7 FAMILY MAGNIFICENT OLD VICTORIAN HOME BUILT IN THE 1880'S! WELL KEPT IN PRISTINE CONDITION! MAGNIFICANT FRONT PORCH, BEAUTIFULL ORIGONAL WOODWOOKING IN THE MAIN VESTIBULE GRAND ENTERANCE! SOLD AS IS ALL CASH CONTRACT'S ONLY!!! PROOF OF FUNDS REQUIRED! ALL UNITS EXCEPT THE 3 BEDROOM UNIT OF WHICH WAS OWNER OCCUPIED UNTIL RECENTLY ARE RENTED WITH LONG TERM TENANTS , NO LEASES IN PLACE! 6 APARTMENTS IN THE MAIN HOME, ONE SEPERATE DETACHED 2 CAR GARAGE WITH A 2 BEDR UPSTAIRS APARTMENT WITH DECK PARTIAL OCEAN VIEWS , zoned 2 R-6 Townhouse/Professional Office ! Land area 19,095, building area 7030 Basement area 2000
Details
Maps
Contract Info
List Price/SqFt: 341.39
New Construction: No
Status: Closed
List Date: 2023-09-21
Sold Price: $1,850,000
Current Price: $1,850,000
Property Sub-Type: Multiple Buildings
Location
Area/Section: West End
Middle School: Long Branch
House Number: 55
Street Name: Matilda
Street Suffix: Terrace
County: Monmouth
Municipality: Long Branch (LON)
Postal City: Long Branch
State: NJ
Zip Code: 07740
Complex/Subdivision: None
Directions: GPS - take cedar avenue left onto to ocean ave left onto Matilda Terrace to # 55
DO NOT WALK PROPERTY WITHOUT AN APPOINTMENT! NEED 24/48 HOUR NOTICE!
HOUSE HAS ALARMS! CALL LISTING AGENT TO SET TIME WITH THE TENANTS!
General Property Info
# Units in Bldg: 7
Handicap Access: No
Waterfront: No
# Levels: 2.5
Waterview: No
Lot Dimensions: 110 x 171
Basement: Yes
Garage: Yes
# Acres: 0.43
# Car Garage: 2
Pool: No
Bedrooms: 12
Full Baths: 7
Total Baths: 7
Apx SqFt: 7030
Apx Year Built: 1885
Tax and Legal
Asmnt - Total: 638400
Deed Restricted: No
Taxes: 10475
Tax Year: 2022
Remarks & Misc
Excluded: PERSONAL PROPERTY
Unit 1
# Bedrooms: 3
Bedroom Level: 1
# Full Baths: 1
Kitchen Level: 1
Living Room Level: 1
AC Unit: 1
Gas Stove: 1
Refrigerator: 1
Unit 2
# Bedrooms: 2
AC Unit: 1
Gas Stove: 1
Refrigerator: 1
Unit 3
AC Unit: 1
Refrigerator: 1
Unit 4
# Bedrooms - Unit 4: 1
AC Unit: 1
Unit 5
# Bedrooms: 1
AC Unit: 1
Unit 6
# Bedrooms: 1
AC Unit: 1
Unit 7
# Bedrooms: 2
AC Unit: 1
Income & Expenses
Electric Expense: 3984
Gas Expense: 5284
Insurance Expense: 8461
Rep/Maint Expense: 12234
RE Tax Expense: 9940
Water/Sewer Expense: 2520
Other Expense: 1925
Other Expense Desc: 2035
Estimated Total Expenses: 46473
Net Income: 120630
Interior
Atrium: 1
Center Hall: 1
Great Rooms: 1
Zoning
Multi-Family: 1
Residential: 1
Showing
Call Agent: 1
Showing Time: 1
Lot Description
Fenced Area: 1
Level: 1
Water/Sewer
Public Sewer: 1
Floors
Wood: 1
Basement
Full: 1
Cooling
Multi Units: 1
Water Heater
Tank: 1
Heating
Natural Gas: 1
Steam: 1
Exterior
Awnings(s): 1
Deck: 1
Parking
Double Wide: 1
On Street: 1
Open: 1
None: 1
Other: 1
Garage
Apt Above Garage: 1
Detached: 1
Direct Access: 1
Heated Garage: 1
Assessment Status
To Be Assessed: 1
Siding
Cedar Shake: 1
Shingle Siding: 1
Landlord Pays
Electricity: 1
Gas: 1
Heat: 1
Hot Water: 1
Sewer: 1
Water: 1
Tenant Pays
Grounds Care: 1
Snow Removal: 1
Status Change Info
Under Contract Date: 2023-10-03
Sold Date: 2023-10-24
Sold Price: $1,850,000
Property Features
Unit 1: AC Unit; Gas Stove; Refrigerator
Unit 2: AC Unit; Gas Stove; Refrigerator
Unit 3: AC Unit; Refrigerator
Unit 4: AC Unit
Unit 5: AC Unit
Unit 6: AC Unit
Unit 7: AC Unit
Interior: Atrium; Center Hall; Great Rooms
Basement: Full
Floors: Wood
Cooling: Multi Units
Heating: Natural Gas; Steam
Water Heater: Tank
Exterior: Awnings(s); Deck
Siding: Cedar Shake; Shingle Siding
Garage: Apt Above Garage; Detached; Direct Access; Heated Garage
Parking: Double Wide; On Street; Open; None; Other
Zoning: Multi-Family; Residential
Lot Description: Fenced Area; Level
Assessment Status: To Be Assessed
Landlord Pays: Electricity; Gas; Heat; Hot Water; Sewer; Water
Tenant Pays: Grounds Care; Snow Removal
Showing: Call Agent; Showing Time
Listing Office: G & G Agency Inc
Listing Agent: Milo Sutton
Last Updated: February - 17 - 2025
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