Triplex with Hardwood
384 Sairs Avenue Long Branch, NJ 07740
384 Sairs Avenue, Long Branch, NJ, 07740
$1,035,000
Pending
For Sale
$1,035,000
Pending
MULTI_FAMILY - Long Branch, NJ
Property Size2,608 SF
Lot Size0.17 Acres
Days on Market68
Property Features for 384 Sairs Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bedroom 1, Bathroom 4, Bathroom 5, Basement, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 6, Bathroom 2, Bedroom 6
- Patio and Porch features
- Patio
- Interior features
- Attic - Walk Up
- Exterior features
- Thermal Window
- Fireplace
- 1
- Basement
- Finished, Full
- Standard status
- Pending
- APN
- 27-00154-0000-00007
- Size
- 2,608 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 14141
Utilities
- Sewer type
- Public Sewer
- Heating system
- Solar (Heating), Baseboard
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1939
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Wood, Laminate, Tile - Ceramic
- Building materials
- Stucco
- Roof type
- Shingle
Listing agency
Heritage House Sotheby's International Realty
(732) 946-9200
Listed by
Alexandra Appolonia · License #2321687
(732) 946-9200
Added: May 15 Updated: Jul 11 at 12:33AM Checked: Jul 21 at 9:06PM
MLS# 22614403
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 triplex-style residential income property features six generously sized bedrooms and four full bathrooms. Hardwood floors run throughout the home, and the kitchen is fully updated with quartz countertops and stainless steel appliances. Additional space is provided by a fully finished basement.
The rear portion of the property includes both a private 1-bedroom apartment and a studio apartment, creating separate living areas within the overall layout. The property is described as being positioned in the heart of Long Branch and located approximately three blocks from the beach, with close proximity to the train station, hospital, shopping, dining, and houses of worship.
Set on a 0.17-acre lot with an overall size of 2,608 square feet, this is a multi-unit residence offered for sale.
The rear portion of the property includes both a private 1-bedroom apartment and a studio apartment, creating separate living areas within the overall layout. The property is described as being positioned in the heart of Long Branch and located approximately three blocks from the beach, with close proximity to the train station, hospital, shopping, dining, and houses of worship.
Set on a 0.17-acre lot with an overall size of 2,608 square feet, this is a multi-unit residence offered for sale.
Key Highlights
- Spacious 1939 home with 6 bedrooms and 4 full bathrooms, plus additional basement living space
- Rear portion includes a private 1‑bedroom apartment and a studio apartment
- Kitchen with quartz countertops and stainless steel appliances
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.7k | $25.56 |
| − Vacancy | −$4.3k | −$1.65 |
| EGI | $62.4k | $23.91 |
| − OpEx | −$18.7k | −$7.17 |
| NOI | $43.6k | $16.74 |
2,608 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$623.5K
$545.6K – $727.5K
NOI $43,648 @ 7.0% cap · market cap 4.22%
Second Best
Apartment 5plus
$572.9K
$501.3K – $668.4K
NOI $40,106 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$681.0K
$595.9K – $794.5K
NOI $47,670 @ 7.0% cap · market cap 4.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Triplex with six bedrooms, four full baths, updated kitchen finishes, and finished basement with a 1-bedroom apartment and studio.
Where is this triplex located?
The property is located at 384 Sairs Avenue Long Branch, NJ.
What is the asking price?
The asking price for this property is $1,035,000.
What are key features of this property?
This property features: Spacious 1939 home with 6 bedrooms and 4 full bathrooms, plus additional basement living space; Rear portion includes a private 1‑bedroom apartment and a studio apartment; Kitchen with quartz countertops and stainless steel appliances
