NJ
Monmouth
Long Branch
07740
402 2nd Avenue
402 2nd Avenue, Long Branch, NJ 07740
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Listing Type
Multi Family
Listing Status
Active
32
$2,475,000

Home Details for 402 2nd Avenue

Price
$2,475,000
Type
Residential Income
Bedrooms
12
Total Bathrooms
9
Full Bathrooms
9
Year built
1902
Lot size acres
0.48
County
Monmouth
Garage
2
Basement
Full
MLS Listing#
22617872
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. 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.

Property Features
  • Parking
    • Open
    • Paved
    • Common
    • Detached
  • Cooling Information
    • Multi Units
  • Water Features
    • Public
  • Basement
    • Full
School Information
School Information for 402 2nd Avenue, Long Branch, NJ 07740
Elementary School
Anastasia
Middle School
Long Branch
High School
Long Branch
Listing Courtesy: Rosario Realty Inc - 732-229-4900
Presented by: Carolina M Zocco
The data relating to real estate for sale on this website 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 brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
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EXIT REALTY EAST COAST SHIRVANIAN
964 Broadway, West Long Branch, NJ 07764
Office
732 229 8700
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