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Long Branch Multifamily Investment Opportunity
For Sale
$3,939,000

34-36 2ND Avenue, Long Branch, NJ 07740

Package deal: corner property with 12 rentals, great potential.

Property Size2,243 SF
Price / SF$1,756
Days on Market201

Property Features for 34-36 2ND Avenue

General Information

Standard status Active
Size 2,243 SF
Property subtype Commercial

Building Details

Year Built 1904
Listing Agency: Patrick Parker Realty
Listed By: Barbara A Greely · License #0120463
Source: Actionplusrealty
Added: Feb 12 Changed: Aug 31 Last Checked: Aug 31 at 7:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Patrick Parker Realty

Investment Insights

Based on property information with market context.

This offering comprises a package deal that includes the property at 34-36 2nd Avenue, along with two single-family houses and the properties at 124 and 126 Belmont. The corner property features 10 rental units, complemented by the two single-family houses, resulting in a total of 12 rental units. The property is situated directly adjacent to new construction, suggesting potential for future development or appreciation. The total property size is 2243 square feet.

Key Highlights

  • Package deal including multiple properties (34‑36 2nd Ave, two single‑family houses, 124 and 126 Belmont)
  • Corner property location
  • Existing rental income from 12 units (10 in corner property, 2 single‑family homes)

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Storage Facility (Bike/Boat/Book/etc) Store Auto Parts Store

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

Location Intelligence

Trade Area within ½ mile

1,090
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

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?
Multifamily property - Package deal: corner property with 12 rentals, great potential.
Where is this multifamily property located?
The property is located at 34-36 2ND Avenue Long Branch, NJ.
What is the asking price?
The asking price for this property is $3,939,000.
What are key features of this property?
This property features: Package deal including multiple properties (34‑36 2nd Ave, two single‑family houses, 124 and 126 Belmont); Corner property location; Existing rental income from 12 units (10 in corner property, 2 single‑family homes)
More about this property
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