396 2nd AvenueLong Branch, NJ 07740

Multi-Family · 10 Beds · 4 Full Baths · 3,546 Sq. ft. | 0.34 Acres
$1,725,000 Active

396 2nd Avenue Overview

Time on Site:
17 days
Visits:
0

A Multi-Family Complex in the Heart of Long Branch - A Unique Investment Opportunity! Welcome to your next profitable venture nestled in 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 4 well-appointed rental units poised for solid returns. Located just steps from beautiful Pier Village and 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 & 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 Pier Village Long Branch 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 Next door property 402 2nd (8 family) must be sold with this property 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 provided courtesy of Rosario Realty Inc- MLS# 22617865MLS Provider
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396 2nd Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,546
  • Price/Sq.ft. $486
  • Lot 0.34 Acres

Details

General

School Information

  • Elementary School: Anastasia
  • Middle Or Junior School: Long Branch
  • High School: Long Branch

Building Information

  • Year Built: 1907

Location/Region

  • County Or Parish: Monmouth
  • MLS Area Major: West End
  • MLS Area Minor: Long Branch (LON)
  • Subdivision Name: None

Rent/Lease Information

  • Tenant Pays: Hot Water, Heat, Electricity

Tax Information

  • Tax Annual Amount: $15,086.00
  • Tax Year: 2025

General Information

  • Exclusions: Tenants person items
  • Parcel Number: 27-00153-0000-00017
  • Property Sub Type: Multiple Buildings
  • Property Type: Multi-Family

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Total: 4
  • Bedrooms Total: 10

Building Interior

  • Building Area Total: 3546.0

General Information

  • Basement: Full
  • Fireplaces Total: 0
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Open, Paved

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Size Dimensions: 55 x 273
  • Lot Size Square Feet: 14810.4
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Roof: Shingle

General Information

  • Exterior Features: Lighting
  • Number Of Units Total: 4
  • Sewer: Public Sewer

396 2nd Avenue Neighborhood

Community

07740 (Long Branch) Demographics

37
Median Age
4,742
Population Density (per sq. mile)
34%
College Educated
$62,224
Estimated Median Income
4,942
Estimated Total Home Owners
7,211
Estimated Total Renters
41% / 59%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

396 2nd Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

396 2nd Avenue Market Data

Based on the last 30 days in this zip code

$2,656,560
Average List Price
$3,071
Average Price per Square Foot
2
Properties Sold
248
Average Days on Market
23
Properties for Sale
Calculations provided by Reliance Network

396 2nd Avenue History

Date Event Value Agent
6/12/2026Source: Monmouth Ocean Regional MLS Added to Database
June 12, 2026