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    151 N 5Th Ave Long Branch, NJ 07740

    For Sale
    $765,000

    Multifamily property in Long Branch, near beach and transit.

    Lot size:
    0.16 Acres

    Property Features for 151 N 5Th Ave

    General Information

    Lot size
    0.16 Acres

    Building Details

    Year built
    1962

    Source: Berkshire Hathaway HomeServices Fox & Roach - Red Bank

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Long Branch Multifamily Investment Property

    This multi-family property is located in Long Branch and contains two units. Each unit features 3 bedrooms and 1 full bathroom. The first floor unit includes a large eat-in kitchen and living room. The full unfinished basement includes a half bath and provides storage and laundry space, with potential for future finishing. The second floor unit features an eat-in kitchen, a large living room, and a separate entrance. The property is located minutes from the beach, Pier Village, schools, shopping, and NJ Transit. There is a large driveway for extra parking.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Branch
    County
    Monmouth
    State
    New Jersey
    Longitude
    -73.9918258
    Latitude
    40.3091816

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    FAQs

    What type of property is this?
    Duplex - Multifamily property in Long Branch, near beach and transit.
    Where is this duplex located?
    The property is located at 151 N 5Th Ave Long Branch, NJ.
    What is the asking price?
    The asking price for this property is $765,000.
    What are key features of this property?
    This property features: - Multi-family property ideal for investors or owner-occupants seeking rental income.; - Two units, each with 3 bedrooms and 1 full bathroom.; - Convenient location: minutes from the beach, Pier Village, schools, shopping, and NJ Transit.
    (732) 747-5600
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    151 N 5Th Ave Long Branch, NJ 07740
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    Long Branch, NJ 07740
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    151 N 5Th Ave Long Branch, NJ 07740
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