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$3,000,000
16 Days On Site

402 2nd Avenue
Long Branch, NJ 07740

For Sale|Multi Family|Active
11
Beds
8
Total Baths
8
Full Baths
5,021
SqFt
$597
/SqFt
1902
Built
Subdivision:
None
County:
Monmouth
Call Now: 908-662-5050
Is this the listing for you? We can help make it yours.
908-662-5050
402 2nd Avenue402 2nd Avenue402 2nd Avenue402 2nd Avenue
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Monthly Payment (Est.)

$13,687
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**Charming Multi-Family Complex in the Heart of Long Branch - A Unique Investment Opportunity!** Welcome to your next profitable venture nestled within one of New Jersey's most sought-after coastal towns! This exceptional multi-family complex features two distinct buildings spread across two expansive lots, offering a total of 8 well-appointed rental units poised for solid returns. Located just steps from beautiful Pier Village beaches, vibrant boardwalk attractions, and thriving local amenities, this property truly embodies the ideal combination of potential and convenience. **Features You'll Love:** - **Exceptional Layout:** Comprising two thoughtfully designed buildings that maximize both space and comfort. Each unit is uniquely tailored to meet the needs of today's diverse renters. - **Stable Tenant Base:** Enjoy peace of mind with all tenants currently on month-to-month leases, providing flexibility for rent adjustments or owner occupancy down the line. - **Carefree Utilities:** The landlord covers water & sewer expenses, simplifying property management and enhancing profitability while ensuring tenant satisfaction. - **Prime Location:** Long Branch boasts a lively atmosphere with easy access to stunning beaches, parks, shopping centers, fine dining options, and cultural venuesmaking this property a definite must see. Property in area of multi million dollar properties, public transportation and beach attractions. Many tenants are long term and would rather stay. Potential of this R-4 zone is considerable. 396 2nd Avenue lot is 54x274 402 2nd Avenue lot is 75x274 Seller would like both units to sell as one package. Both properties have been family owned for over 60 years. Very unique opportunity to be a landlord or own a large parcel of land and the possibilities are endless in this amazing location in desirable Long Branch.

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Listing Snapshot
Price 
$3,000,000
Days On Site 
16 Days
Bedrooms 
11
Inside Area (SqFt) 
5,021 sqft
Total Baths 
8
Full Baths 
8
Partial Baths 
N/A
Lot Size 
0.48 Acres
Year Built 
1902
MLS® Number 
22519643
Status 
Active
Property Tax 
$8,361
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.48
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
2
Parking 
OpenPavedCommonDetached
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
5021
Water Source 
Public
Interior Features
Basement 
Full
Cooling 
Multi Units
Heating 
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Exterior Features
Lot Features 
Level
Roof 
Shingle
Community Features
MLS Area 
None
Schools
School District
Unknown
Elementary School
Anastasia
Middle School
Long Branch
High School
Long Branch
Listing courtesy of Carolina M Zocco of Rosario Realty Inc



Properties marked with this logo are courtesy of the Monmouth Ocean Regional MLS. Data deemed reliable but not guaranteed. Monmouth Ocean Regional REALTORS ®

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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