35-39 2nd Avenue, Long Branch, NJ 07740
$2,860,000
Property Type:
Multi-Family
Bedrooms:
19
Baths:
13
Square Footage:
7,782
Lot Size (sq. ft.):
12,197
Status:
Closed
Current Price:
$2,860,000
List Date:
7/08/2024
Last Modified:
2/20/2025
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 to ride the wave of success in Long Branch's flourishing real estate market.
More Information MLS# 22419155
Contract Info
List Price/SqFt: 424.06
Status: Closed
List Date: 2024-07-08
Sold Price: $2,860,000
Current Price: $2,860,000
Property Sub-Type: Multiple Buildings
Location
Area/Section: None
Middle School: Long Branch
House Number: 35-39
Street Name: 2nd
Street Suffix: Avenue
County: Monmouth
Municipality: Long Branch (LON)
Postal City: Long Branch
State: NJ
Zip Code: 07740
Complex/Subdivision: None
Directions: 35-39 Second Ave, Long Branch in GPS
General Property Info
# Units in Bldg: 12
Waterfront: No
# Levels: 2
Waterview: No
Fireplace: No
Lot Dimensions: 88 x 137
Basement: Yes
Garage: No
# Acres: 0.28
# Car Garage: 0
# Parking Spaces: 12
Pool: No
Bedrooms: 19
Full Baths: 13
Total Baths: 13
Apx SqFt: 7782
Apx Year Built: 1910
Tax and Legal
Asmnt - Total: 1490600
Deed Restricted: No
Taxes: 19180
Tax Year: 2023
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: 3
# Full Baths - Unit 4: 1
Unit 5
# Bedrooms: 1
# Full Baths: 1
Unit 6
# Bedrooms: 1
# Full Baths: 1
Unit 7
# Bedrooms: 1
# Full Baths: 1
Unit 8
# Bedrooms: 1
# Full Baths: 1
Income & Expenses
Gas Expense: 101
Insurance Expense: 14975
Water/Sewer Expense: 15405
Unit 9
# Bedrooms: 1
# Full Baths: 1
Unit 10
# Full Baths: 1
Zoning
Residential: 1
Showing
Showing Time: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Basement
Crawl Space: 1
Cooling
Other: 1
Water Heater
Natural Gas: 1
Heating
Baseboard: 1
Electric: 1
Parking
Paved: 1
Assessment Status
To Be Assessed: 1
Landlord Pays
Grounds Care: 1
Sewer: 1
Snow Removal: 1
Water: 1
Tenant Pays
Electricity: 1
Gas: 1
Status Change Info
Under Contract Date: 2024-09-03
Sold Date: 2024-10-29
Sold Price: $2,860,000
Property Features
Basement: Crawl Space
Cooling: Other
Heating: Baseboard; Electric
Water Heater: Natural Gas
Parking: Paved
Zoning: Residential
Assessment Status: To Be Assessed
Landlord Pays: Grounds Care; Sewer; Snow Removal; Water
Tenant Pays: Electricity; Gas
Showing: Showing Time
Listing Office:
Weichert Realtors
Listing Agent:
Michael Mizrahi
Last Updated: February - 20 - 2025
Broker Attribution:
732-539-8801
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.