#22506992, Michael Mizrahi, Listing office: Weichert Realtors
402 2nd Ave Long Branch, NJ 07740
Property details
About 402 2nd Ave
**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. - **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 venuesmaking 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 75x274 Seller 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.
Highlights
Summary
- Full Bathrooms: 8
- Basement: Yes
- Total Bedroom Count: 11
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Open, Paved, Common, Detached
- Heating: Zoned
- Cooling: Multi Unit(s)
- List Price: $3,000,000
- Price/SqFt: $597
- Annual Tax Amount: $7,671
- Tax Year: 2024
- Lot: Level
- Year Built: 1902
- Living Area: 5,021 SqFt
- Lot Size: 0.48 Acres
- MLS Number: 22519643
- MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
- Office Name: Rosario Realty Inc
- Listing Agent: Carolina M Zocco
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2025 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/5/2025, 12:50:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $544,000 | $7,671 |
2022 | $436,800 | $8,124 |
2021 | $406,000 | $8,201 |
2020 | $392,400 | $8,246 |
2019 | $392,300 | $8,056 |
History based on county public records data.
Nearby schools
4
A a Anastasia Elementary School
Public District KG-5
1.2 mi
•92 7th Ave
2
Gregory Elementary School
Public District KG-5
1.3 mi
•201 Monmouth Ave
3
George L Catrambone
Public District KG-5
1.7 mi
•240 Park Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,035. Typical income of Long Branch, NJ residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 402 2nd Ave
The listing price of 402 2nd Ave property is $3,000,000.
The property 402 2nd Ave is a house located in Long Branch, New Jersey, 07740.
Active Listing: 402 2nd Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 402 2nd Ave are: A a Anastasia Elementary School (GreatSchools Rating 4/10), Gregory Elementary School (GreatSchools Rating 2/10), George L Catrambone (GreatSchools Rating 3/10), Long Branch Middle School (GreatSchools Rating 3/10), Frank Antonides School (GreatSchools Rating 5/10), Maple Place Middle School (GreatSchools Rating 6/10), Long Branch High School (GreatSchools Rating 2/10), Academy of Law & Public Safety (GreatSchools Rating 6/10), Shore Regional High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $7,671 (source: MLS/based on county public records data).
The property at 402 2nd Ave has 11 bedrooms and 8 bathrooms.
The property 402 2nd Ave is 5,021 SqFt (source: MLS/tax record).
The year of construction for 402 2nd Ave is 1902.
This home is located at 402 2nd Ave in Long Branch, NJ and zip code 07740 in the West End Long Branch neighborhood. This 5,021 square foot home, which was built in 1902, sits on a 0.48 acre lot. Features: 11 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since July 2, 2025 and is currently priced at $3,000,000.
Over 6 listings were sold over their listed price in June 2025 in Long Branch, NJ. In the same period over 11 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Long Branch, NJ between May and June 2025 increased by 1.1%. Listings spent 43 days on the market in June 2025, and had a median list price of $761,000 during the same period.