$2,475,000
Long Branch, NJ 07740
MLS# 22617872
12 beds | 9 baths | 5021 sqft
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Property Description
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.
Details
Maps
Contract Info
List Price/SqFt: 492.93
Status: Active
List Date: 2026-06-12
List Price: $2,475,000
Current Price: $2,475,000
Property Sub-Type: 7+ Family
Location
Area/Section: West End
Elementary School: Anastasia
Other Elementary: Gregory
Middle School: Long Branch
High School: Long Branch
Other High: Hillel High
House Number: 402
Street Name: 2nd
Street Suffix: Avenue
County: Monmouth
Municipality: Long Branch (LON)
Postal City: Long Branch
State: NJ
Zip Code: 07740
Complex/Subdivision: None
Directions: 402 2nd Avenue
General Property Info
# Units in Bldg: 8
Waterfront: No
# Levels: 2.5
Waterview: Yes
Lot Dimensions: 75 x 277
Basement: Yes
Garage: Yes
# Acres: 0.48
# Car Garage: 2
Pool: No
Bedrooms: 12
Full Baths: 9
Total Baths: 9
Apx SqFt: 5021
Apx Year Built: 1902
Tax and Legal
Asmnt - Total: 612000
Deed Restricted: No
Taxes: 9180
Tax Year: 2025
Remarks & Misc
Excluded: Tenants personal items
Unit 1
# Bedrooms: 1
# Full Baths: 1
Unit 2
# Bedrooms: 2
# Full Baths: 1
Unit 3
# Bedrooms: 2
# Full Baths: 1
Unit 4
# Bedrooms - Unit 4: 2
# Full Baths - Unit 4: 1
Unit 5
# Bedrooms: 2
# Full Baths: 1
Unit 6
# Bedrooms: 1
# Full Baths: 1
Unit 7
# Bedrooms: 1
# Full Baths: 1
Unit 8
# Bedrooms: 2
# Full Baths: 2
Showing
Call Agent: 1
Showing Time: 1
Lot Description
Level: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Basement
Full: 1
Cooling
Multi Units: 1
Water Heater
Natural Gas: 1
Heating
3+ Zoned Heat: 1
Hot Water: 1
Parking
Common: 1
Open: 1
Paved: 1
Garage
Detached: 1
Assessment Status
Assessed: 1
Siding
Vinyl: 1
Roof
Shingle: 1
Landlord Pays
Grounds Care: 1
Hot Water: 1
Sewer: 1
Snow Removal: 1
Water: 1
Tenant Pays
Electricity: 1
Gas: 1
Heat: 1
Property Features
Basement: Full
Cooling: Multi Units
Heating: 3+ Zoned Heat; Hot Water
Water Heater: Natural Gas
Siding: Vinyl
Roof: Shingle
Garage: Detached
Parking: Common; Open; Paved
Lot Description: Level
Assessment Status: Assessed
Landlord Pays: Grounds Care; Hot Water; Sewer; Snow Removal; Water
Tenant Pays: Electricity; Gas; Heat
Showing: Call Agent; Showing Time
Supplements
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 venues making 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.
Listing Office: Rosario Realty Inc
Listing Agent: Carolina M Zocco
Last Updated: June - 12 - 2026
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