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6-Unit Apartment Building
For Sale
Contact for pricing
Pending

74 Cedar Avenue, Long Branch, NJ 07740

Fully occupied apartment property near the beach with varied unit sizes and on-site parking.

Property SizeContact for details
Days on Market145

Property Features for 74 Cedar Avenue

General Information

Standard status Pending
Total Parking Spaces 12
Property subtype Multifamily
Occupancy 100%

Units

Unit Mix 1 x 4BR, 1 x 3BR, 1 x 1BR, 3 x studio
Multifamily Units 6

Additional Details

Public Transit Yes
Listing Agency: RE/MAX Synergy
Listed By: Todd Katz · License #NJ 8744073
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 2:10AM

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 RE/MAX Synergy

Investment Insights

Based on property information with market context.

This fully occupied apartment property contains six units: one four-bedroom apartment, one three-bedroom apartment, one one-bedroom apartment, and three large studios. The building includes 8-1/2 bathrooms, and the owner currently pays utilities. On-site parking accommodates 10-12 vehicles.

Located at 74 Cedar Avenue in Long Branch’s West End, the property is one block from the beach and close to houses of worship, Monmouth University, NJ Transit, and Monmouth Medical Center. The existing configuration supports year-round or seasonal rental use, while the property information also identifies potential for conversion back to a single-family home or pursuit of townhome development possibilities.

Key Highlights

  • Six‑unit apartment building with 100% occupancy
  • Unit mix includes one 4 BR, one 3 BR, one 1 BR, and 3 large studios
  • 8‑1/2 bathrooms across the property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Auto Repair Shop Auto Parts Store Parking Lot & Garage Accounting Firm Hair Salon

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

Lease Details

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

525
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?
Apartment building - Fully occupied apartment property near the beach with varied unit sizes and on-site parking.
Where is this apartment building located?
The property is located at 74 Cedar Avenue Long Branch, NJ.
What are key features of this property?
This property features: Six‑unit apartment building with 100% occupancy; Unit mix includes one 4 BR, one 3 BR, one 1 BR, and 3 large studios; 8‑1/2 bathrooms across the property
(732) 768-3329 Call to check price and availability
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