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402 2nd Avenue

Long Branch, NJ 07740
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$2,475,000 $10,434/Mo
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Bed 12

Bed

Bath 9

Bath

Acres0.48

Acre(Lot)

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. St able 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,475,000

AD Id : 84761029

MLS Id : 22617872

Beds : 12

Lot Size : 0.48 Acre

Year Built : 1902

Garage : 2

County : Monmouth

  • Map Map

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Feature Features

  • Bedroom Information

    Total beds: 12

    Bathroom Information

    Total Baths: 9 Full Baths: 9

    Room Information

    Has Basement: Yes Basement: Full

  • Roofing Information

    Shingle

  • Interior Features

    Roof: Shingle Appliances: Gas Water Heater

  • Heating & Cooling

    Has Heating: Yes Has Cooling: Yes Cooling: Multi Units

  • Building Information

    Year Built: 1902 Building Area Total: 5021 Stories: 2 Private Pool: No View: Water

  • Lot Information

    Lot Dimensions: 75 x 277 Main Square Feet: 0.48 Acres Lot Size Acres: 0.48 Lot Size Square Feet: 20908.8 Lot Description: Level

    Property Information

    Subdivision: None Source Property Type: Residential Income MLS Area Minor: Long Branch (LON) Property SubType: Multi Family Property Age: 124

  • Listing Price Information

    Listing Price: $2475000

  • Tax Information

    Parcel Number: 27-00153-0000-00018 Tax Lot: 18 Tax Block: 153 Tax Year: 2025 Annual Tax: $9180

  • Parking Information

    Open, Paved, Common, Detached

    Garage Information

    Has Garage: Yes Garage Space: 2

  • School Information

    Elementary School: Anastasia
    Junior High School: Long Branch
    Senior High School: Long Branch

  • Location Information

    Direction: 402 2nd Avenue WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
396 2nd Avenue, Long Branch, NJ, 07740 $1,725,000 10 4 --
193 Liberty Street, Long Branch, NJ, 07740 $1,999,000 7 5 --
288 Morris Avenue, Long Branch, NJ, 07740 $649,999 4 2 --
192 Hillside Avenue, Long Branch, NJ, 07740 $599,900 4 2 --
22 Washington Street, Long Branch, NJ, 07740 $1,149,000 6 4 --

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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 ByOwner, 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.

ByOwner last updated this listing 06/15/2026 @ 06:21

MLS: 22617872 LISTED BY: Carolina Zocco, Rosario Realty Inc 732-229-4900 SOURCE: Monmouth Ocean Regional Multiple Listing Service

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