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.
Property Details
Property Features
Property Information:
Year Built: 1910
Living Area: 7,782 SqFt
Listing Office:
Office Name: Weichert Realtors
Listing Agent: Michael Mizrahi
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 13
Total Bedroom Count: 19
Exterior Features
Parking Information:
Attached Garage: No
Parking: Paved
Lot Features
Lot Information:
Lot Size: 0.28 Acres
Utilities
Utilities Information:
Cooling: Multi Unit(s)
Price Information
Listing Price Info
Price Summary:
List Price: $3,300,000
Price Per SqFt: $424/SqFt
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Housing Market Comparison
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
1
/10
Gregory Elementary School
201 Monmouth Ave
Distance between this listing and this school1.70 miles
Public District Grades PK-5
4
/10
A A Anastasia Elementary School
92 7th Ave
Distance between this listing and this school1.75 miles
Public District Grades PK-5
6
/10
Betty McElmon Elementary School
20 Parker Rd
Distance between this listing and this school1.82 miles
Public District Grades PK-3
Nearby Schools
2
/10
Long Branch Middle School
350 Indiana Ave
Distance between this listing and this school0.76 miles
Public District Grades 6-8
9
/10
Frank Antonides School
135 Locust Ave Dept 2
Distance between this listing and this school1.80 miles
Public District Grades 4-8
8
/10
Maple Place Middle School
Maple Place
Distance between this listing and this school2.73 miles
Public District Grades 5-8
Nearby Schools
8
/10
Academy of Law & Public Safety
255 W End Ave
Distance between this listing and this school0.51 miles
Public District Grades 11-12
3
/10
Long Branch High School
404 Indiana Ave
Distance between this listing and this school0.60 miles
Public District Grades 9-12
5
/10
Shore Regional High School
Monmouth Park Hwy
Distance between this listing and this school2.13 miles
The neighbors living near this home have an average income of $68,452. Typical income of Long Branch, NJ residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
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This home is located at 35-39 2nd Ave in Long Branch, NJ and zip code 07740 in the West End Long Branch neighborhood. This 7,782 square foot home, which was built in 1910, sits on a 0.28 acre lot. Features: 19 bedrooms, 13 bathrooms. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $3,300,000.
Over 4 listings were sold over their listed price in March 2024 in Long Branch, NJ. In the same period over 8 listings were sold below the listed price and 2 listings were sold for the listed price. The number of listings in Long Branch, NJ increased by 15.7% between February 2024 and March 2024. The median list price of listings available in March 2024 was $749,500, while the average time on the real estate market was 30 days.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site 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 other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
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