247 Cedar Ave Long Branch, NJ 07740-5080
Property profile & analytics
247 Cedar Ave, Long Branch, NJ 07740-5080
- Residential income homes
- 9,041 SF
- 1.21 lot acres
Property ID
US59-1566662
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Residential income homes
Property Details for 247 Cedar Ave
- Year built
- 1900
- Lot size
- 1.21 lot acres
- Zone code
- R-2
- Property type
- Residential income homes
- Property subtype
- Small apartment buildings
- APN
- 27 00099-0000-00005- 01
- APU
- 270009900000000501
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 21, 2023 | $3,150,000 | Cedars And Beaches LLC | Cedars & Beeches LLC | Deed | $2.5M · M & T Bank |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,070,000
- ML approach
- $3,170,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,520,000
- 6.5%
- $2,330,000
- 7%
- $2,160,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,197,000
Market price range: $1.99M - $2.71M -
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $2,390,000 Current use
- OFFICE BUILDING
- $2,230,000 Change: -7% Conversion: Moderate
- COMMERCIAL (GENERAL)
- $2,165,000 Change: -9% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Long Branch
- County
- Monmouth
- State
- New Jersey
- Longitude
- -73.9957
- Latitude
- 40.2817
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$29,592
$385,000
$1,430,400
$1,815,400
-
$385,000
$1,430,400
$1,815,400