Property
Long Branch, NJ 07740 307 Norwood Avenue
$1,999,000
6 more
Presented By: Chris Katz, Douglas Elliman of NJ LLC
SQFT • 4,300
Garage • 1
Home Details
FOUR FAMILY Great investment opportunity in high growth Long Branch. Only 7 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. Solar panels reduces expenses dramatically for landlord and tenants.
Cap rate is 7.5%
Presented By: Chris Katz, Douglas Elliman of NJ LLC
Interior Features for 307 Norwood Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
BasementPartially Finished, Walk-Out Access
Electric On Property Y/NNo
Street SuffixAvenue
Total Fireplaces
General for 307 Norwood Avenue
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLong Branch
CoolingMulti Units
CountyMonmouth
Days on Market234
DirectionsBetween Brighton Ave and Hollywood Ave
Garage Spaces1.0
Garage Y/NYes
Home Warranty Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet23086.8
MLS AreaWest End
MLS Area MinorLong Branch (LON)
Middle/Junior High SchoolLong Branch
MobileHomeRemainsYNNo
New ConstructionNo
Property SubTypeFour Family
Property TypeMulti-Family
Rent Control Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Street NameNorwood
Subdivision NameNone
Tax Annual Amount13621.0
Tax Year2022
TaxOtherAnnualAssessmentAmount0.0
Total Units4
View Y/NNo
Waterfront Y/NNo
Exterior for 307 Norwood Avenue
Building Area Total4300.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions100 x 231
Lot Size Acres0.53
Lot Size Area0.53
Lot Size UnitsAcres
Open Parking Y/NNo
SpaNo
Water SourcePublic
Additional Details
Price History
Schools
High School
N/A
Elementary School
N/A
Middle School
Long Branch Middle School
Fabiane Farias
Associate