402 2Nd Ave, Long Branch, NJ

Name: 402 2Nd Ave, For Sale in Long Branch - Zoocasa
Brand: Rosario Realty Inc
SKU: 22617872
Price: 2475000 USD

House

For Sale

Listed price in listed location currency (USD).

$2,475,000

1292

MLS® 22617872

Overview

Key Facts

Type

Levels Residential Income

Size -

Garage Yes

Taxes $9,180

Days Active 8

Lot Size 0.48 Acres

Approx. Age 1902

MLS® Number 22617872

Property Address: 402 2nd Ave, Long Branch, NJ, 07740-5726

Average square foot calculated using Size range provided by listing agent.

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.

MLS® Number22617872

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1902

Basement

DrivewayDetached, Paved

Garage Spaces

Heat3+ Zoned Heat

A/CMulti Units

Extras

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

Yes, I'd like to receive free weekly market insights and buying and selling tips. Unsubscribe at any time.

By pressing "Take a Tour", I confirm that I have read and agree to the eXp Privacy Policy, and Terms of Use.

By pressing "Take a Tour", I am electronically signing and consenting to receive marketing comms about real estate brokerage and mortgage lending services, delivered via email, phone and/or text (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate professionals and their affiliate SUCCESS® Lending using the contact information I provided. Your consent is not a condition of purchase and you may revoke it at any time by replying "STOP" to any texts. Text HELP for more info. Message and data rates may apply. You may also contact us directly at 1-844-683-4664.

Similar Listings

Comparable Properties

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

eXp Realty holds real estate brokerage licenses in multiple states. Zoocasa (Canada), Inc. holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

MLS® Compliance Statements
Tony King – Designated Managing Broker, Broker Operations – TX.
Texas Real Estate Commission information about brokerage services
Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations. The Fair Housing Notice→

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H. Learn More→

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny – Designated Broker
eXp Realty of Southern California, Inc. | CA DRE# 02187306 | Gina Saad – Designated Broker
eXp Realty of Greater Los Angeles, Inc. | CA DRE# 02188471 | Anita Cruz – Designated Broker
eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas Penny – Designated Broker
Fair Housing and Reasonable Accommodations
DMCA Notice