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Quadplex With Detached Cottage
For Sale
$1,200,000

132 Franklin Avenue, Long Branch, NJ 07740

Commercial Sale, Long Branch, NJ

Property SizeContact for details
Lot Size0.45 Acres
Days on Market97

Property Features for 132 Franklin Avenue

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking features On Street
Basement Partial, Dirt Floor
Directions Ocean Blvd to Franklin Ave. Property on Franklin Ave near Chelsea Ave, close to Pier Village and Long Branch beaches
Standard status Active
APN 009876
Lot size 0.45 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14000

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Floors in Building 2
Flooring type Wood
Roof type Shingle
Listing Agency: Benchmark Realty Group LLC
Listed By: Charles Frank
Added: Jun 13 Changed: Sep 12 Last Checked: Sep 17 at 10:06AM
MLS# 22617950

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Long Branch multifamily property includes a four-family house, a detached cottage, and a separate garage containing a studio apartment. The 0.45-acre parcel also includes a basement, wood flooring, and a shingle roof. The property is being offered in as-is condition.

Located at 132 Franklin Avenue, the property is near the Atlantic Ocean and served by public water and public sewer. Parking is provided on the street. Buyers should independently verify leases, survey details, and zoning before proceeding.

Key Highlights

  • Four‑family house on a 0.45‑acre parcel
  • Detached cottage included with the property
  • Detached garage with a studio apartment

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Daycare Center (Bike/Boat/Book/etc) Store Veterinary Clinic Storage Facility Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,395
Businesses Nearby

Demographics for 07740, NJ

31,905
Population
15,208
Households
2.1
Avg Household Size
38
Median Age
35%
College-Educated
84%
High-School Grad
5.3 sq mi
ZIP Area
6,020
Density / Sq Mi
$73,806
Median Household Income
$38,614
Median Earnings
$1,744
Median Rent
$521,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-family property with a separate cottage, studio apartment, and detached garage near the Atlantic Ocean.
Where is this quadplex located?
The property is located at 132 Franklin Avenue Long Branch, NJ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Four‑family house on a 0.45‑acre parcel; Detached cottage included with the property; Detached garage with a studio apartment
More about this property
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