24 days on rocket

242 Highland Ave, Long Branch, NJ, 07740

$1,499,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,466 SqFt
$1,023/SqFt
House

Location

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242 Highland Ave, Long Branch$1,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage1 space
Year Built1965
HeatingBaseboard
CoolingCentral Air
BasementYes
MLS #22424877
Lot Size0.14 Acres
StatusActive

About 242 Highland Ave

Incredible opportunity to live in the HOTTEST location of Long Branch! Come check out this clean updated three bedroom two bath ranch with an EXTRA TWO bonus rooms. This home features hardwood floors throughout, renovated bathrooms and a full finished basement. Central air. New Gunite heated concrete POOL just one year old! Don't miss out on this gem! Professional photos coming soon

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1965
  • Stories: 1
  • Living Area: 1,466 SqFt

Listing Office:

  • Office Name: Cathy Ades Real Estate LLC
  • Listing Agent: Rachel M Mosseri

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Other

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000
  • Price Per SqFt: $1,023/SqFt

Tax Information:

  • Annual Amount: $9,055
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Long Branch, NJ.

Med. Sold Price

$791K

Med. Price/SqFt

$476

Avg. Days On Market

75

# of Sold Homes

24

242 Highland Ave vs Long Branch

24 DAYS ON ROCKET

-51 Days

$1,499,000

+$708K More

$1,023/SqFt

+$546 More

KEY TAKEAWAY

This property is $708K more than the Median Sold Price and $546/SqFt more than other homes in Long Branch, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22424877

Listing Office:

  • Office Name: Cathy Ades Real Estate LLC
  • Listing Agent: Rachel M Mosseri

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/21/2024, 1:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$9,055$445,200
2019$7,787$404,500
2018$7,788$368,400
2017$7,071$343,100

History based on county public records data.

Payment Calculator

$7,549

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,561

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-426789
6
/10
  • Betty McElmon Elementary School

  • 20 Parker Rd

  • 1.69 miles

  • Public District Grades PK-3

school-card-donut-426790
7
/10
  • Ocean Township Elementary School

  • 555 Dow Ave

  • 1.93 miles

  • Public District Grades PK-4

school-card-donut-426791
6
/10
  • Deal Elementary School

  • 201 Roseld Ave

  • 1.95 miles

  • Public District Grades KG-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $87,500. Typical income of Long Branch, NJ residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 242 Highland Ave

What is the listing price of this property?

The listing price of 242 Highland Ave property is $1,499,000.

What type of property is this?

The property 242 Highland Ave is a house located in Long Branch, New Jersey, 07740.

Is this property for sale now?

Active Listing: 242 Highland Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $9,055 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 242 Highland Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 242 Highland Ave is 1,466 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 242 Highland Ave is 1965.

Rocket HomesNew JerseyMonmouth CountyLong Branch07740242 Highland Ave

This home is located at 242 Highland Ave in Long Branch, NJ and zip code 07740 in the Elberon neighborhood. This 1,466 square foot home, which was built in 1965, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $1,499,000.

In August 2024 more than 5 listings in Long Branch, NJ were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 15 were sold below. The number of listings in Long Branch, NJ decreased by 3.9% between July 2024 and August 2024. In August 2024, listings were on the market for 75 days. During the same period, the median list price in this real estate market was $791,000.

From Rocket Homes Real Estate and based on county public records data.

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