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

Overview

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.

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:* ... (Read more)

Listing Details MLS# 22617872

Contract Info

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
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
Basement: Yes

Tax and Legal

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

Unit 1

# Bedrooms: Yes
# Full Baths: Yes

Unit 2

# Bedrooms: 2
# Full Baths: Yes

More Information

Unit 3

# Bedrooms: 2
# Full Baths: Yes

Unit 4

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

Unit 5

# Bedrooms: 2
# Full Baths: Yes

Unit 6

# Bedrooms: Yes
# Full Baths: Yes

Unit 7

# Bedrooms: Yes
# Full Baths: Yes

Unit 8

# Bedrooms: 2
# Full Baths: 2

Remarks & Misc

Excluded: Tenants personal items

Showing

Call Agent: Yes
Showing Time: Yes

Lot Description

Level: Yes

Water/Sewer

Public Sewer: Yes
Public Water: Yes

Basement

Full: Yes

Cooling

Multi Units: Yes

Water Heater

Natural Gas: Yes

Heating

3+ Zoned Heat: Yes
Hot Water: Yes

Parking

Common: Yes
Open: Yes
Paved: Yes

Garage

Detached: Yes

Assessment Status

Assessed: Yes

Siding

Vinyl: Yes

Roof

Shingle: Yes

Landlord Pays

Grounds Care: Yes
Hot Water: Yes
Sewer: Yes
Snow Removal: Yes
Water: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Heat: Yes

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

Listing Office: Rosario Realty Inc

Listing Agent: Carolina M Zocco

Last Updated: June - 12 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. 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.