Two-Unit Duplex with
New
For Sale
$1,050,000
186 Monmouth Avenue, Long Branch, NJ 07740
Multi-Family, Long Branch, NJ
Property Size2,584 SF
Lot Size0.17 Acres
Price / SF$406.35
Days on Market5
Property Features for 186 Monmouth Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential, Neighborhood, Multi-Family
Bedrooms
6
Bathrooms
5
Full bathrooms
4
Half bathrooms
2
Rooms
Bathroom 5, Bedroom 6, Bedroom 4, Bedroom 5, Bathroom 3, Bathroom 6, Bedroom 2, Bedroom 3, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 1
Parking
6
Parking features
On Street, Paved or Surfaced, Off Street
Exterior features
Lighting
Fencing
Fenced
Basement
Crawl Space
Lot features
Fenced Area, Level
Elementary school
Gregory
Middle school
Long Branch
High school
Long Branch
Directions
per GPS, please note there is construction on Joline Ave
Standard status
Active
APN
27-00272-0000-00006
Size
2,584 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9312
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Zoned
Cooling system
Zoned
Water source
Public
Building Details
Year built
2017
Floors in Building
2
Number of units
2
Flooring type
Laminate
Roof type
Shingle
Listing Agency:
Resources Real Estate
Listed By:
Marie Jackson
(732) 212-0440
Added: Oct 23
Changed: Oct 27
Last Checked: Oct 27 at 6:06AM
MLS# 22633648
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.
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Investment Insights
Based on property information with market context.
This two-unit duplex at 186 Monmouth Avenue contains 2,584 square feet on a 0.17-acre lot. Built in 2017 and renovated in 2026, the property has separate utilities for each residence, private rear access to a fenced yard, and a one-car garage assigned to each unit. Off-street and on-street parking are also available.
The Long Branch property is a few blocks from the beach, boardwalk, and Pier Village. Monmouth Medical Center, the NJ Transit train station, Monmouth University, and Netflix Studios are also identified as nearby destinations. Gregory Elementary School is on the same block, and a park is located at the street’s end.
Public water and sewer serve the property. Additional features include zoned heating and cooling, laminate flooring, and cable availability.
The Long Branch property is a few blocks from the beach, boardwalk, and Pier Village. Monmouth Medical Center, the NJ Transit train station, Monmouth University, and Netflix Studios are also identified as nearby destinations. Gregory Elementary School is on the same block, and a park is located at the street’s end.
Public water and sewer serve the property. Additional features include zoned heating and cooling, laminate flooring, and cable availability.
Key Highlights
- Two‑unit duplex with 2,584 square feet on a 0.17‑acre lot
- Built in 2017 and renovated in 2026
- Separate utilities and a one‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,246
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$864,920
$864.9K
Cap Rate 7%
$617,800
$617.8K
Cap Rate 9%
$480,511
$480.5K
Market Conditions
NOI Build-Up for 2,584 SF
Gross rent
$66.0K $25.56/SF
− Vacancy
−$4.3K −$1.65/SF
EGI
$61.8K $23.91/SF
− OpEx
−$18.5K −$7.17/SF
NOI
$43.2K $16.74/SF
Area
Monmouth County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$864,920
Cap Rate 7%
$617,800
Cap Rate 9%
$480,511
Alternative Uses
Best Use
Multifamily LT 5
$617.8K
$540.6K – $720.8K
NOI $43,246 @ 7.0% cap · market cap 4.12%
Second Best
Apartment 5plus
$567.7K
$496.7K – $662.3K
NOI $39,737 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$674.7K
$590.4K – $787.2K
NOI $47,231 @ 7.0% cap · market cap 4.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Location Intelligence
Trade Area within ½ mile
1,048
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have separate utilities, private yard access, and their own garage.
Where is this duplex located?
The property is located at 186 Monmouth Avenue Long Branch, NJ.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,584 square feet on a 0.17‑acre lot; Built in 2017 and renovated in 2026; Separate utilities and a one‑car garage for each unit
