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295 Westwood Avenue

Long Branch, NJ 07740
  • $1,095,000
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: 22138698
Foreclosure
UPDATED: 26 min ago
$1,095,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
Type:
Multi-Family
County:

School Information

Middle School:
High School:

Description

Here's your chance to own an updated 4 family home in the town along the Jersey Shore that continues to grow. This well maintained home is situated on a large hedged corner lot that is one block from the train station and a short walk to the beach. There are so many ways to utilize this property. Keep it as a 4 family and use the 2 car garage and basement (which use to have a bathroom) for additional income. Use one unit as owner occupied and have the other units help pay the bills. Convert back to a Grand Jersey Shore single family Victorian home. Or keep one apartment for yourself to use during the summer and weekends and commute from the city by train to enjoy the Jersey Shore.You could even leave a car in the garage at the house for when you get there. Tenants have their own gas and electric meters. Close to train station, Pier Village, Jersey Shore beaches, Monmouth Park Racetrack, Restaurants, Houses of Worship, Monmouth Medical Center. EXPENSES: gas- $600, insurance- $2,400, taxes- $9,250, sewer- $1,650, water- $700, electric- $600, lawn- $600 = Annual Expenses $15,800/yr. Potential Income: Unit 1- $2,300, Unit 2- $1,200, Unit 3- $1,200, Unit 4- $1,500, Garage- $400, Basement- ? = $79,200/yr. Net Income = $63,400

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© 2022 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The CG Group | RE/MAX Revolution. Data last updated 2022-01-27T17:19:37.913.
www.candiesellshomes.com/homes/123947068
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295 Westwood Avenue Long Branch, NJ 07740

  • Price: $1,095,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 26 min ago
  • MLS #: 22138698
0
Beds
4
Baths
1
½ Baths
0.26
Acres
County:
Monmouth
Area:
Long Branch (LON)
Middle School:
Long Branch
High School:
Long Branch
Property Description
Here's your chance to own an updated 4 family home in the town along the Jersey Shore that continues to grow. This well maintained home is situated on a large hedged corner lot that is one block from the train station and a short walk to the beach. There are so many ways to utilize this property. Keep it as a 4 family and use the 2 car garage and basement (which use to have a bathroom) for additional income. Use one unit as owner occupied and have the other units help pay the bills. Convert back to a Grand Jersey Shore single family Victorian home. Or keep one apartment for yourself to use during the summer and weekends and commute from the city by train to enjoy the Jersey Shore.You could even leave a car in the garage at the house for when you get there. Tenants have their own gas and electric meters. Close to train station, Pier Village, Jersey Shore beaches, Monmouth Park Racetrack, Restaurants, Houses of Worship, Monmouth Medical Center. EXPENSES: gas- $600, insurance- $2,400, taxes- $9,250, sewer- $1,650, water- $700, electric- $600, lawn- $600 = Annual Expenses $15,800/yr. Potential Income: Unit 1- $2,300, Unit 2- $1,200, Unit 3- $1,200, Unit 4- $1,500, Garage- $400, Basement- ? = $79,200/yr. Net Income = $63,400
Exterior Features

Garage Yes Lot Dimensions 75 X 150 Pool YN No Water View No Waterfront No

Interior Features

Basement FullWalk-Out Access Basement YN Yes Beds Unit1 2 Beds Unit2 1 Beds Unit3 1 Beds Unit4 1 Fireplace Yes Fireplaces 2.00 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Heat AC Other Heat Fuel BaseboardNatural Gas Unit1 DishwasherDryerElectric MeterGas MeterGas StoveRefrigeratorWasher Unit2 Electric MeterGas MeterGas StoveRefrigerator Unit3 Electric MeterGas MeterGas StoveRefrigerator Unit4 Electric MeterGas MeterGas StoveRefrigerator Water Heater Natural Gas

Property Features

Assessment Land 106600.00 Assessment Status Assessed Assessment Total 460700.00 Deed Restrictions No Handicap Access No Improvements Assessment 354100.00 Multifamily Type Four Family Other High Red Bank Cath Owner Nj Lic Re Tax Year 2021 Taxes 9219.00 Water Sewer Public SewerPublic Water

Listing information © 2022 Monmouth-Ocean MLS. Listing provided courtesy of John Sherrod of Keller Williams Realty East Monmouth.


© 2022 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The CG Group | RE/MAX Revolution. Data last updated 2022-01-27T17:19:37.913.
 
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The CG Group | RE/MAX Revolution
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Wall NJ, 07719