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Spacious Two-Family Home Near Jersey Shore

282 Morris Avenue Long Branch, NJ 07740

282 Morris Avenue, Long Branch, NJ, 07740

$655,000

Pending

For Sale

$655,000

Pending

MULTI_FAMILY - Long Branch, NJ

Property Size1,664 SF

Lot Size0.15 Acres

AddedMay 7

Days on Market69

Last RefreshJul 14 at 8:06 pm

Property Features for 282 Morris Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 5
Bathrooms: 2
Rooms: Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 3, Basement, Bedroom 2
Parking features: On Street
Patio and Porch features: Patio
Interior features: Attic - Walk Up, Recessed Lighting
Exterior features: Lighting
Fencing: Fenced
Basement: Full
Standard status: Pending
APN: 27-00189-0000-00017
Size: 1,664 SF
Lot size: 0.15 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Annual Amount: 8688

Utilities

Sewer type: Public Sewer
Heating system: Zoned
Cooling system: Multi Units
Water source: Public

Building Details

Year built: 1910
Floors in Building: 2
Number of units: 2
Flooring type: Laminate, Tile - Ceramic, Wood
Roof type: Shingle

Listing agent Matthew Tully License #2075152

Listing office RE/MAX Central 520 HWY 9 N, Manalapan, NJ

Listing date May 7, 2026

MLS# 22613321 Listing URL

Investment Insights

Based on property information with market context.

This two-family home is located in Long Branch, New Jersey, minutes from the Jersey Shore. The property is situated on an oversized lot and offers potential for investors, owner-occupants, or developers. The first-floor unit features 3 bedrooms, 1 full bathroom, a living room, and a full kitchen. The second-floor unit offers 2 bedrooms, 1 full bathroom, a living room, and a full kitchen, creating an excellent setup for rental income or multi-generational living. The home also includes a full unfinished basement. A walk-up attic provides standing-height space with the potential to be converted into a third-floor living area. Situated on an extra-large lot stretching from Morris Avenue all the way through to Willow Avenue, this property offers exceptional outdoor space and possible subdivision potential for a second home with access from Willow Avenue. The backyard features patios, plenty of open space, a detached garage, and a private driveway for off-street parking. The property is conveniently located close to beaches, shopping, restaurants, transportation, major roadways, Monmouth Medical Center, and the NJ Transit North Jersey Coast Line train station. The property size is 1664 square feet and the lot size is 0.15 acres.

Key Highlights

Duplex (2‑family) at 282 Morris Avenue with Year Built 1910, zoned heating, multi‑unit cooling, and shingle roof
First‑floor unit: 3 bedrooms, 1 full bathroom, living room, and full kitchen
Second‑floor unit: 2 bedrooms, 1 full bathroom, living room, and full kitchen

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$42.5k	$25.56
− Vacancy	−$2.7k	−$1.65
EGI	$39.8k	$23.91
− OpEx	−$11.9k	−$7.17
NOI	$27.8k	$16.74

1,664 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$397.8K

$348.1K – $464.2K (±1% cap)

NOI $27,849 @ 7.0% cap · market cap 4.25%

Second Best

Apartment 5plus

$365.6K

$319.9K – $426.5K (±1% cap)

NOI $25,589 @ 7.0% cap · market cap 3.91%

Theoretical Best

Office A

$434.5K

$380.2K – $506.9K (±1% cap)

NOI $30,415 @ 7.0% cap · market cap 4.64%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

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For sale
Duplexes
NJ
Long Branch
07740
282 Morris Avenue

What type of property is this?

Duplex - Two-family home on oversized lot, close to beaches and amenities.

Where is this duplex located?

The property is located at 282 Morris Avenue Long Branch, NJ.

What is the asking price?

The asking price for this property is $655,000.

What are key features of this property?

This property features: Duplex (2‑family) at 282 Morris Avenue with Year Built 1910, zoned heating, multi‑unit cooling, and shingle roof; First‑floor unit: 3 bedrooms, 1 full bathroom, living room, and full kitchen; Second‑floor unit: 2 bedrooms, 1 full bathroom, living room, and full kitchen

282 Morris Avenue Long Branch, NJ 07740

MULTI_FAMILY - Long Branch, NJ

Property Features for 282 Morris Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Elberon Section Redevelopment Opportunity

Long Branch Commercial Asset ForSale

Long Branch Mixed-Use Opportunity

Two-Building Multifamily Complex

Four-Unit Multifamily Complex

Three-Unit Fully Leased Commercial Building

Mixed-Use Building with Storefronts

Established Deli and Pizzeria

Two-Story Duplex with Patio

Pet Specialty Retail Storefront

Triplex with Hardwood Floors

Residential Income Apartment Building

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