55 Matilda Ter

Long Branch, NJ 07740

$1,850,000
Last Sold Price
12
Beds
Baths
7,030 Sq. Ft.
$263 / Sq. Ft.
7,030
Sq. Ft.
$263
per Sq. Ft.

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...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
  1. Listed by Milo Sutton • G & G Agency Inc

Property Details for 55 Matilda Terrace

Complex/Subdivision
None
Zoning
Multi-Family, Residential
New Construction
No
Waterview
No
Directions
GPS - take cedar avenue left onto to ocean ave left onto Matilda Terrace to # 55DO NOT WALK PROPERTY WITHOUT AN APPOINTMENT! NEED 24/48 HOUR NOTICE! HOUSE HAS ALARMS! CALL LISTING AGENT TO SET TIME WITH THE TENANTS!
LISTING UPDATED: 02/16/2025 09:22 PM

Property Details for 55 Matilda Terrace

StatusClosed
MLS #22326388
Days on Market12
Taxes$10,475 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multiple Buildings
Year Built1885
Lot Size0.43 AC / 18,730 SF
CountyMonmouth County

Location

Listing Courtesy of G & G Agency Inc

Sold By G & G Agency Inc

Add your commute

Building Information for 55 Matilda Terrace

Stories2Residences7Year Built1885Building Size-Lot Size0.43 AC / 18,730 SF

Payment Calculator

$10,566 per month

30 year fixed, 6.845% Interest

Principal and Interest

$9,693

Property Taxes

$873

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 55 Matilda Terrace

Summary
Location and General Information
  • Area/Section: West End
  • Postal City: Long Branch
  • State: NJ
  • Municipality: Long Branch (LON)
  • Middle School: Long Branch
  • # Units in Bldg: 7
  • Block: 148
  • Apx Year Built: 1885.0
Parking
  • Garage: Apt Above Garage, Heated, Direct Entry, Detached
  • Parking: Double Wide, Other, Open, On Street, None
  • # Car Garage: 2.0
Taxes and HOA Information
  • Tax ID#: 27-00148-0000-00008-02
  • Taxes: $10,475.00
  • Tax Year: 2022
Property
Lot Information
  • Apx SqFt: 7030.0
  • # Acres: 0.43
  • Lot: 8.02
  • Lot Dimensions: 110 x 171
  • Lot Description: Fenced Area, Level
Property and Assessments
  • Assessment - Total: 638400.0
  • Assessment - Improvements: 450500.0
  • Assessment Status: To Be Assessed
  • Asmnt - Land: 187900.0
  • Possession: At Closing, Other - See Remarks
  • Deed Restricted: No
  • Property Sub-Type: Multiple Buildings
Utilities
  • Handicap Access: No
  • Water Heater: Tank
  • Water/Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Waterfront: No
  • Exterior: Awnings, Deck
Interior Features
  • Interior: Atrium, Center Hall, Great Rooms
  • # Levels: 3
  • Basement: Full
  • Excluded: PERSONAL PROPERTY
  • Floors: Wood
  • Bedrooms: 12
  • Siding: Cedar Shake, Shingle
Multi Family
Unit 1
  • Unit 1: AC Unit, Refrigerator, Gas Stove
  • Unit 1: # Bedrooms: 3
  • Unit 1: Bedroom Level: 1
  • Unit 1: # Full Baths: 1
  • Unit 1: Kitchen Level: 1
  • Unit 1: Living Room Level: 1
Unit 2
  • Unit 2: AC Unit, Gas Stove, Refrigerator
  • Unit 2: # Bedrooms: 2
Unit 3
  • Unit 3: AC Unit, Refrigerator
  • Unit 3: Kitchen: YES
  • Unit 3: Living Room: YES
Unit 4
  • Unit 4: AC Unit
  • Unit 4: Primary Bedroom: YES
  • Unit 4: # Bedrooms - Unit 4: 1
  • Unit 4: Kitchen: YES
  • Unit 4: Living Room: YES
Unit 5
  • Unit 5: AC Unit
  • Unit 5: # Bedrooms: 1
Unit 6
  • Unit 6: AC Unit
  • Unit 6: # Bedrooms: 1
Unit 7
  • Unit 7: AC Unit
  • Unit 7: # Bedrooms: 2
Income & Expenses Information
  • Income & Expenses: RE Tax Expense: 9940.0
  • Income & Expenses: Insurance Expense: 8461.0
  • Income & Expenses: Electric Expense: 3984.0
  • Income & Expenses: Rep/Maint Expense: 12234.0
  • Income & Expenses: Water/Sewer Expense: 2520.0
  • Income & Expenses: Gas Expense: 5284.0
  • Income & Expenses: Other Expense: 1925.0
  • Income & Expenses: Other Expense Desc: 2035
  • Income & Expenses: Estimated Total Expenses: 46473.0
  • Income & Expenses: Net Income: 120630.0
  • Landlord Pays: Electricity, Water, Sewer, Hot Water, Heat, Gas
  • Tenant Pays: Snow Removal, Yard Maintenance

Property History for 55 Matilda Terrace

DateEvent & SourcePriceAppreciation
Oct 24, 2023

Closed

MOMLS #22326388

$1,850,000
Oct 14, 2023

Closed (Public Record)

Public Record #1524787659

$1,850,000
Oct 3, 2023

Pending

MOMLS #22326388

Sep 20, 2023

Price Change

MOMLS #22326388

$2,400,000
Sep 20, 2023

Listed (Active)

MOMLS #22326388

$2,300,000
DateEvent & SourcePrice
10/24/2023

Closed

MOMLS #22326388

$1,850,000
10/14/2023

Closed (Public Record)

Public Record #1524787659

$1,850,000
10/03/2023

Pending

MOMLS #22326388

09/20/2023

Price Change

MOMLS #22326388

$2,400,000
09/20/2023

Listed (Active)

MOMLS #22326388

$2,300,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 55 Matilda Terrace

Taxable ValueLand$187,900Additions$450,500Total$638,400
Tax Record2022$10,225 ($852 / month)
Home Facts
Total Finished SqFt7,030 SqFtAbove Grade Finished SqFt7,030 SqFtStories3Lot Size18,810 SqFtStyleMulti-Family Res (5+ Units)Year Built1885ZoningR-6CountyMONMOUTHAPN27 00148-0000-00008- 02

Schools near 55 Matilda Terrace

This home is within Long Branch Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
George L Catrambone
PublicK to 5

Long Branch Middle School
Public6 to 8

Long Branch High School
Public9 to 12

Gregory Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of G & G Agency Inc

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.