402 2nd Avenue, Long Branch, NJ 07740 (MLS# 22617872)

402 2nd Avenue, Long Branch, NJ 07740

New Listing
$2,475,000
Property Type: Multi-Family Bedrooms: 12 Baths: 9 Square Footage: 5,021 Lot Size (sq. ft.): 20,909 Status: Active
Current Price: $2,475,000 List Date: 6/12/2026 Last Modified: 6/12/2026

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.

Suppliments: 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 75x274Seller 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.

More Information MLS# 22617872

Contract Info

Status: Active List Date: 2026-06-12 List Price: $2,475,000 Current Price: $2,475,000 List Price/SqFt: 492.93 Property Sub-Type: 7+ Family

Location

House Number: 402 Street Name: 2nd Street Suffix: Avenue County: Monmouth Municipality: Long Branch (LON) Postal City: Long Branch State: NJ Zip Code: 07740 Area/Section: West End Complex/Subdivision: None Elementary School: Anastasia Other Elementary: Gregory Middle School: Long Branch High School: Long Branch Other High: Hillel High Directions: 402 2nd Avenue

General Property Info

# Units in Bldg: 8 Bedrooms: 12 Full Baths: 9 Total Baths: 9 # Levels: 2.5 Apx SqFt: 5021 Apx Year Built: 1902 # Acres: 0.48 Lot Dimensions: 75 x 277 Garage: Yes # Car Garage: 2 Pool: No Waterfront: No Waterview: Yes

Tax and Legal

Asmnt - Total: 612000 Deed Restricted: No Taxes: 9180 Tax Year: 2025

Unit 1

# Bedrooms: 1 # Full Baths: 1

Unit 2

# Bedrooms: 2 # Full Baths: 1

Unit 3

# Bedrooms: 2 # Full Baths: 1

Unit 4

# Bedrooms - Unit 4: 2 # Full Baths - Unit 4: 1

Unit 5

# Bedrooms: 2 # Full Baths: 1

Unit 6

# Bedrooms: 1 # Full Baths: 1

Unit 7

# Bedrooms: 1 # Full Baths: 1

Unit 8

# Bedrooms: 2 # Full Baths: 2

Property Features

Basement: Full Cooling: Multi Units Heating: 3+ Zoned Heat; Hot Water Water Heater: Natural Gas Siding: Vinyl Roof: Shingle Garage: Detached Parking: Common; Open; Paved Lot Description: Level Assessment Status: Assessed Landlord Pays: Grounds Care; Hot Water; Sewer; Snow Removal; Water Tenant Pays: Electricity; Gas; Heat Showing: Call Agent; Showing Time

Supplements

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 75x274Seller 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.
Listing Office: Rosario Realty Inc
Listing Agent: Carolina Zocco
Last Updated: June - 12 - 2026
402 2nd Avenue, Long Branch, NJ 07740- MLS# 22617872
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