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Corner Multifamily Rental Package
For Sale
$3,939,000

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

COMMERCIAL - Long Branch, NJ

Property Size2,243 SF
Lot Size0.22 Acres
Price / SF$1,756
Days on Market140

Property Features for 34-36 2nd Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Residential
Parking features On Street
Exterior features Lighting
Fireplace 1
Lot features Level
Directions Broadway to 2nd Ave to corner of Belmont
Standard status Active
APN 05-00096-0000-00006
Size 2,243 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10511

Utilities

Sewer type Public Sewer
Water source Public
Water front 1

Building Details

Year built 1904
Floors in Building 2
Flooring type Wood
Roof type Shingle
Listing Agency: Patrick Parker Realty
Listed By: Barbara A Greely · License #0120463
Added: Apr 12 Changed: Aug 4 Last Checked: Aug 29 at 12:06AM
MLS# 22609994

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 package deal includes 34-36 2nd Avenue, two single-family houses, and 124 and 126 Belmont. The offering is structured around a corner property containing 10 rental units along with two single-family homes, for a total of 12 residential units within the corner parcel.

The properties are positioned on a corner configuration, and the parcel is described as directly next door to brand new construction. The combined assets provide an owner with both multi-unit rental income and standalone single-family homes within the same package.

This setup can fit investors seeking a mixed-residential portfolio with multiple units and two separate single-family homes included in the same transaction. It may also appeal to operators or buyers looking for consolidated ownership of a corner site with existing rentals and single-family dwellings. All details in this listing are based on the provided package and unit count disclosures.

Key Highlights

  • Corner property with 12 existing rentals (10 in the main building plus 2 single‑family homes).
  • Package deal includes multiple properties: 34‑36 2nd Ave, two single‑family houses, and 124 & 126 Belmont.
  • Located next door to brand new construction, indicating area growth and potential.

Property Analytics

Current Use

Single family 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 with multiple rental units and two single-family homes on a corner site.
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: Corner property with 12 existing rentals (10 in the main building plus 2 single‑family homes).; Package deal includes multiple properties: 34‑36 2nd Ave, two single‑family houses, and 124 & 126 Belmont.; Located next door to brand new construction, indicating area growth and potential.
More about this property
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