NOT LISTED FOR SALE

73 2nd Ave Long Branch, NJ 07740

12 Beds
6 Baths
4,903 Sq Ft
9,148 Sq Ft Lot

Last Sold February 21, 2024

Last sale price $2,000,000 $408 Per Sq Ft

90 Days on Market

Highlights

  • Water Views
  • Corner Lot
  • Cooling Available
  • Wood Flooring

About This Home

As of February 2024

Introducing 73 2nd Ave, a remarkable 6-family property nestled in the highly desirable neighborhood of Long Branch, NJ. This impressive residence is situated near the entrance of the renowned Pier Village, offering an exceptional investment opportunity that is truly hard to come by.Spanning over 5,000 square feet, This expansive property boasts a versatile layout that includes two generous 3-bedroom, 1-bathroom units, perfect for accommodating families seeking spacious and comfortable living spaces. In addition, there are two inviting 2-bedroom, 1-bathroom units, and two 1-bedroom, 1-bathroom units, providing flexible options to cater to a variety of tenants.What sets this property apart is the ocean views that can be enjoyed from various vantage points on 2nd and 3rd floor apartments. The location of this property is unparalleled, with the entrance to Pier Village just a stone's throw away. Pier Village offers a vibrant and upscale community featuring an array of trendy shops, delectable dining options, and exciting entertainment venues. Residents of this property will have the luxury of easy access to the beach, the lively boardwalk, and a plethora of recreational activities, ensuring a dynamic and enjoyable lifestyle for tenants.Whether you are an experienced investor looking to expand your portfolio or an astute buyer seeking a property with tremendous potential, 73 2nd Ave is an exceptional choice. This multi-family residence not only offers captivating ocean views but also promises a promising return on investment. Don't miss out on this rare opportunity to own a prime property in a sought-after location. Schedule your private showing today and seize the chance to make this remarkable property yours!

Last Agent to Sell the Property

William McClellan

Berkshire Hathaway HomeServices Signature Properties Listed on: 06/12/2023

Last Buyer's Agent

Gabriella Guaglianone

RE/MAX Revolution License #1866145

RE/MAX Revolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,281

Year Built

  • Built in 1910

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50 x 186
  • Corner Lot
  • Level Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,903 Sq Ft Home
  • 3-Story Property
  • Water Views
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Parking

  • 6 Parking Spaces
  • Common or Shared Parking
  • Paved Parking

Schools

  • Long Branch Middle School
  • Long Branch High School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • 6 Units

Listing and Financial Details

  • Tenant pays for water, electricity
  • The owner pays for yard maintenance, sewer, heat, gas
  • Assessor Parcel Number 27-00287-01-00017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,281

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Six Family
  • ResoLotFeatures: Corner Lot, Level
  • Subdivision Name: None
  • Reso Flooring: Wood, Linoleum, Vinyl
  • New Construction: No
  • Year Built: 1910
  • Contract Info New Construction: No
  • General Property Info Waterview: Yes
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 50 x 186
  • Location Middle School: Long Branch
  • Lot Description Corner Lot: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Vinyl3: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Floors Linoleum: Yes
  • General Property Info # Parking Spaces: 6.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.21
  • Waterfront: No
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Common
  • Total Parking Spaces: 6.0
  • General Property Info:Garage: No
  • GarageParking:Common: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 50 x 186
  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00287-01-00017
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Water, Electricity
  • Owner Pays: Yard Maintenance, Sewer, Heat, Gas

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7281.0
  • Tax Other Annual Assessment Amount: 406100.0

Multi Family

  • Number Of Units Total: 6

MLS Schools

  • High School: Long Branch

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $2,000,000 -13.0% $408 / Sq Ft
09/10/2023 09/10/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $2,300,000 -- $469 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22315960

MOREMLS (Monmouth Ocean Regional REALTORS®)