35-39 2nd Ave

Long Branch, NJ 07740

$2,860,000
Last Sold Price
19
Beds
Baths
7,782 Sq. Ft.
$368 / Sq. Ft.
7,782
Sq. Ft.
$368
per Sq. Ft.

Description

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...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.
  1. Listed by Michael Mizrahi • Weichert Realtors • 732-539-8801

Property Details for 35-39 2nd Avenue

Complex/Subdivision
None
Zoning
Residential
Waterview
No
Directions
35-39 Second Ave, Long Branch in GPS
LISTING UPDATED: 02/19/2025 09:21 PM

Property Details for 35-39 2nd Avenue

StatusClosed
MLS #22419155
Days on Market57
Taxes$19,180 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multiple Buildings
Year Built1910
Lot Size0.28 AC / 12,196 SF
CountyMonmouth County

Location

Listing Courtesy of Weichert Realtors

Sold By Weichert Realtors

Add your commute

Building Information for 35-39 2nd Avenue

Stories2Residences12Year Built1910Building Size-Lot Size0.28 AC / 12,196 SF

Payment Calculator

$16,583 per month

30 year fixed, 6.845% Interest

Principal and Interest

$14,985

Property Taxes

$1,598

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 35-39 2nd Avenue

Summary
Location and General Information
  • Area/Section: None
  • Postal City: Long Branch
  • State: NJ
  • Municipality: Long Branch (LON)
  • Middle School: Long Branch
  • # Units in Bldg: 12
  • Block: 287
  • Apx Year Built: 1910.0
Parking
  • Garage: No
  • Parking: Paved
  • # Car Garage: 0.0
  • # Parking Spaces: 12.0
Taxes and HOA Information
  • Tax ID#: 27-00287-0000-00008
  • Taxes: $19,180.00
  • Tax Year: 2023
Property
Lot Information
  • Apx SqFt: 7782.0
  • # Acres: 0.28
  • Lot: 8
  • Lot Dimensions: 88 x 137
Property and Assessments
  • Assessment - Total: 1490600.0
  • Assessment - Improvements: 576900.0
  • Assessment Status: To Be Assessed
  • Asmnt - Land: 913700.0
  • Possession: At Closing
  • Deed Restricted: No
  • Property Sub-Type: Multiple Buildings
Utilities
  • Fireplace: No
  • Water Heater: Natural Gas
  • Water/Sewer: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Waterfront: No
Interior Features
  • # Levels: 2
  • Basement: Crawl Space
  • Bedrooms: 19
Multi Family
Unit 1
  • Unit 1: # Bedrooms: 1
  • Unit 1: # Full Baths: 1
Unit 2
  • Unit 2: # Bedrooms: 2
  • Unit 2: # Full Baths: 1
Unit 3
  • Unit 3: # Bedrooms: 2
  • Unit 3: # Full Baths: 1
Unit 4
  • Unit 4: # Bedrooms - Unit 4: 3
  • Unit 4: # Full Baths - Unit 4: 1
Unit 5
  • Unit 5: # Bedrooms: 1
  • Unit 5: # Full Baths: 1
Unit 6
  • Unit 6: # Bedrooms: 1
  • Unit 6: # Full Baths: 1
Unit 7
  • Unit 7: # Bedrooms: 1
  • Unit 7: # Full Baths: 1
Unit 8
  • Unit 8: # Bedrooms: 1
  • Unit 8: # Full Baths: 1
Unit 9
  • Unit 9: # Bedrooms: 1
  • Unit 9: # Full Baths: 1
Unit 10
  • Unit 10: # Full Baths: 1
Income & Expenses Information
  • Income & Expenses: Insurance Expense: 14975.0
  • Income & Expenses: Water/Sewer Expense: 15405.0
  • Income & Expenses: Gas Expense: 101.0
  • Landlord Pays: Sewer, Yard Maintenance, Water, Snow Removal
  • Tenant Pays: Electricity, Gas

Property History for 35-39 2nd Avenue

DateEvent & SourcePriceAppreciation
Oct 29, 2024

Closed

MOMLS #22419155

$2,860,000
Oct 2, 2024

Pending

MOMLS #22419155

Jul 7, 2024

Listed (Active)

MOMLS #22419155

$3,300,000
Mar 11, 2024

Temp Off Market

MOMLS #22406626

DateEvent & SourcePrice
10/29/2024

Closed

MOMLS #22419155

$2,860,000
10/02/2024

Pending

MOMLS #22419155

07/07/2024

Listed (Active)

MOMLS #22419155

$3,300,000
03/11/2024

Temp Off Market

MOMLS #22406626

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 35-39 2nd Avenue

Taxable ValueLand$688,000Additions$547,000Total$1,235,000
Tax Record2022$20,195 ($1,683 / month)
Home Facts
Total Finished SqFt7,782 SqFtAbove Grade Finished SqFt7,782 SqFtStories2Lot Size12,056 SqFtStyleMulti-Family Res (5+ Units)Year Built1910ZoningBGCountyMONMOUTHAPN27 00287-0000-00008

Schools near 35-39 2nd Avenue

This home is within Long Branch Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
George L Catrambone
PublicK to 5

Long Branch Middle School
Public6 to 8

Long Branch High School
Public9 to 12

Gregory Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Weichert Realtors

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.