184 N 5th Ave Long Branch, NJ 07740
Estimated payment $7,100/month
About This Home
Don't miss this incredible investment opportunity in Long Branch! Situated on a desirable corner lot, this property features two houses on one lot, offering a total of three fully rented units. Recently renovated and well-maintained, these units generate over $95,000 in gross annual income, making it a turnkey income-producing asset. Recently renovated, attract top tier tenants while the prime location adds to the property's appeal. Conveniently located near beaches, shopping, and major transportation, this is an ideal addition to any investor's portfolio. Seize the chance to own this high-performing, hassle-free rental property today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,408
Year Built
- Built in 1910
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 82 x 138
- Corner Lot
Home Design
- Triplex
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Stove
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Dirt Floor
Parking
- 2 Parking Spaces
- On-Street Parking
- Off-Street Parking
Schools
- Long Branch Middle School
Utilities
- Multiple cooling system units
- Heating System Uses Natural Gas
- Separate Meters
- Natural Gas Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Exclusions: tenant's personal property
- The owner pays for water, sewer
- Assessor Parcel Number 27-00322-0000-00011
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,408 | $803,200 | $255,900 | $547,300 |
| 2024 | $8,510 | $742,200 | $235,900 | $506,300 |
| 2023 | $8,510 | $548,000 | $195,900 | $352,100 |
| 2022 | $7,604 | $452,600 | $142,400 | $310,200 |
| 2021 | $7,604 | $380,000 | $107,400 | $272,600 |
| 2020 | $7,639 | $365,500 | $94,400 | $271,100 |
| 2019 | $7,334 | $348,900 | $90,400 | $258,500 |
| 2018 | $7,133 | $337,400 | $88,400 | $249,000 |
| 2017 | $7,405 | $359,300 | $86,400 | $272,900 |
| 2016 | $7,342 | $363,300 | $97,400 | $265,900 |
| 2015 | $5,441 | $244,300 | $55,100 | $189,200 |
| 2014 | $5,173 | $244,800 | $65,600 | $179,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2025 10/31/25 | Pending | -- | -- | -- |
| 09/04/2025 09/04/25 | Price Changed | $1,174,900 | -2.0% | -- |
| 06/30/2025 06/30/25 | Price Changed | $1,199,000 | -4.0% | -- |
| 04/30/2025 04/30/25 | Price Changed | $1,249,000 | -3.2% | -- |
| 02/01/2025 02/01/25 | For Sale | $1,290,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Monmouth Title Agency | |
| Deed | $126,000 | -- | |
| Deed | $42,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $850,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $88,000 | Commercial |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22502489
APN: 27-00322-0000-00011
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