Address
35-39 2nd Avenue, Long Branch, NJ
Price
$ 3,300,000
Property Attributes
  • MLS#22406626
  • TypeMulti-Family
  • CountyMONMOUTH
  • CityLong Branch
  • AreaLong Branch
  • NeighborhoodLong Branch
  • Zip07740
  • Style
  • Year Built1910
  • Taxes$ 19180
  • Price$ 3,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7782
  • Lot Size0.28 Acres
Data Source:
Monmouth Ocean Regional REALTORS® (MOMLS)
Property Description

Welcome to your prime investment opportunity in Long Branch! This 12-family property, just blocks from the beach, offers a lucrative income stream in a booming neighborhood bursting with potential. Boasting 19 bedrooms in total, this income-producing gem promises not only a steady cash flow but also the prospect of future appreciation. Seize the chance to capitalize on the growing appeal of this coastal community, where sun, sand, and smart investments converge. Don't miss out on this golden opportunity to ride the wave of success in Long Branch's flourishing real estate market.

Middle School High School
Long Branch Middle School Long Branch High School
Price History
3/11/2024 Listed $3,600,000
4/11/2024 9% - $3,300,000

General Features

Sewer Public Sewer
Cooling Multi Units
Garage Spaces 0.0
Exclusions Tenants belongings
Year Built 1910
Tenant Pays Gas,Electricity
Stories 2
Property SubType Multiple Buildings
Tax Year 2023
OwnerPays Water
County Monmouth
New Construction No
Property Type Multi-Family
Attached Garage No
Subdivision Name None
Garage Y/N No
Status Active
Directions 35-39 Second Ave,Long Branch in GPS
High School Long Branch
City Long Branch
View Y/N No
Zoning Description Multi-Family
Total Units 12
MLS Area None
Lot Size Square Feet 12196.8
Waterfront Y/N No
Carport Y/N No
Street Name 2nd
Tax Annual Amount 19180.0
Home Warranty Y/N No
Middle/Junior High School Long Branch
Lease Renewal Y/N No
MLS Area Minor Long Branch (LON)
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 66
Standard Status Active
TaxOtherAnnualAssessmentAmount 1235000.0
MobileHomeRemainsYN No

Interior Features

Basement Slab
Air Conditioning Y/N Yes
Full Baths 13
Street Suffix Avenue
Total Bedrooms 19
Electric On Property Y/N No
Total Baths 13

Exterior Features

Parking Features Paved
Water Source Public
Lot Size Area 0.28
Spa No
Building Area Total 7782.0
Lot Dimensions 88 x 137
Lot Size Acres 0.28
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 07740

Price
AVG $1.65M
$3.3M
Taxes
AVG $10,931
$19,180
Visits
AVG 385
601
Data Provided by Inside Real Estate®
Year Built
AVG 1911
1910