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51 Rivergate Way

51 Rivergate Way, Long Branch, NJ 07740
Property in Long Branch City
Sold Apr 28, 2023
$949,000
Sold Aug 28, 1998
$252,500
$192,500 by Norwest Mtg Inc
Mortgage
Local assessors in Long Branch, NJ have categorized 51 Rivergate Way as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 202,859 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 51 Rivergate Way has a total of 2,817 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 462 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. In addition, there is a spa or hot tub but no pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of shingle (not wood). Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 51 Rivergate Way was last sold in Apr 24, 2023 for $949,000. According to our calculations, that's $336.88 per sqft. Prior to that sales transaction, the property was sold for $252,500 in Jul 31, 1998. Current property owners are expected to pay $14,320 in taxes per year. The property on 51 Rivergate Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $922,100. To break that down further, the land itself was valued at $565,000. While improvements to the property were assessed at a total of $357,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 202,859
  • Total Building Area: 2,817
  • Building Area: 2,817
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,817
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 4.657
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ADDITIONAL LOTS: BOAT SLIP #3

Ownership

  • Current Owner : FROMKIN BROOKE
  • Previous Owner : SICILIANO KAREN M
  • Owner Before Previous Owner: ZOELLER EUGENE

Neighborhood

  • School District Name: Long Branch City School District
  • Census Tract: 805400

Zoning

  • Zoning: R-7

Geography

  • Assessors Map Reference: TAX MAP 42
  • Account Number: 73800017
  • District: 27
  • Parcel: 27 00489-0000-00013- 17
  • Block: 489
  • Lot: 13.17
  • Municipality: LONG BRANCH CITY
  • Latitude: 40.3247
  • Longitude: -73.9938

    Address

  • Full Address: 51 Rivergate Way
  • Address - House Number: 51
  • Address - Street Name: Rivergate
  • Address - Suffix Type: Way
  • State: NJ
  • City Name: Long Branch
  • Carrier Code: C017
  • 4-Digit Zip Code: 7879
  • Zip Code: 07740

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,320

    Appraisal Valuation

  • Standard Deviation: 0.1775
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 1,118,136
  • High Value: 1,316,648
  • Low Value: 919,623

    Market Valuation

  • Market Total Value: $922,100
  • Market Land Value: $565,000
  • Market Improvement Value: $357,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $922,100
  • Assessed Land Value: $565,000
  • Assessed Improvements Value: $357,100

    Sales

  • Current Sale Contract Date: Apr 24, 2023
  • Current Sale Recording Date: Apr 28, 2023
  • Current Sale Transaction ID: 11906167692
  • Current Sale Price: $949,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 29387
  • Previous Sale Recording Date: Aug 28, 1998
  • Previous Sale Contract Date: Jul 31, 1998
  • Previous Sale Amount: $252,500
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: NORWEST MTG INC
  • Previous Mortgage Transaction Date: Aug 28, 1998
  • Previous Mortgage Loan Amount: $192,500

About Long Branch City



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Frequently Asked Questions

What neighborhood is 51 Rivergate Way located in?
The 51 Rivergate Way is a located in the neighborhood of Long Branch City in Long Branch City, Long Branch.
What is the average sales price for listings in 51 Rivergate Way?
The average sales price for units in 51 Rivergate Way is $0 currently.

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