73 2nd Avenue, Long Branch, NJ 07740

$2,000,000
Property Type: Multi-Family Bedrooms: 12 Baths: 6 Square Footage: 4,903 Lot Size (sq. ft.): 9,148 Status: Closed
Current Price: $2,000,000 List Date: 6/12/2023 Last Modified: 2/15/2025

Description

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,

Supplements: 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!

More Information MLS# 22315960

Contract Info

List Price/SqFt: 469.1 New Construction: No Status: Closed List Date: 2023-06-12 Sold Price: $2,000,000 Current Price: $2,000,000 Property Sub-Type: Six Family

Location

Area/Section: None Middle School: Long Branch High School: Long Branch House Number: 73 Street Name: 2nd Street Suffix: Avenue County: Monmouth Municipality: Long Branch (LON) Postal City: Long Branch State: NJ Zip Code: 07740 Complex/Subdivision: None Directions: Ocean Ave to Garfield across the street is main entrance to Pier Village. House is on corner of 2nd and Garfield.

General Property Info

# Units in Bldg: 6 Handicap Access: No Waterfront: No # Levels: 3 Waterview: Yes Fireplace: No Lot Dimensions: 50 x 186 Basement: Yes Garage: No # Acres: 0.21 # Car Garage: 0 # Parking Spaces: 6 Pool: No Bedrooms: 12 Full Baths: 6 Total Baths: 6 Apx SqFt: 4903 Apx Year Built: 1910

Tax and Legal

Asmnt - Total: 406100 Deed Restricted: No Taxes: 7281 Tax Year: 2022

Status Change Info

Contingent Date: 2023-10-06 Under Contract Date: 2023-09-08 Sold Date: 2024-02-21 Sold Price: $2,000,000

Unit 1

# Bedrooms: 3 Rent: 2250

Unit 2

# Bedrooms: 3 Rent: 1925

Unit 3

# Bedrooms: 2 Rent: 1800

Unit 4

# Bedrooms - Unit 4: 2 Rent: 1800

Unit 5

# Bedrooms: 1 Rent: 1600

Unit 6

# Bedrooms: 1 Rent: 1750

Showing

Call Agent: 1

Lot Description

Corner Lot: 1 Level: 1

Water/Sewer

Public Sewer: 1 Public Water: 1

Floors

Linoleum: 1 Vinyl: 1 Wood: 1

Basement

Full: 1

Cooling

Other: 1

Water Heater

Natural Gas: 1

Heating

Natural Gas: 1

Parking

Common: 1 Paved: 1

Assessment Status

Assessed: 1

Siding

Vinyl: 1

Roof

Shingle: 1

Landlord Pays

Gas: 1 Grounds Care: 1 Heat: 1 Sewer: 1

Tenant Pays

Electricity: 1 Water: 1

Property Features

Basement: Full Floors: Linoleum; Vinyl; Wood Cooling: Other Heating: Natural Gas Water Heater: Natural Gas Siding: Vinyl Roof: Shingle Parking: Common; Paved Lot Description: Corner Lot; Level Assessment Status: Assessed Landlord Pays: Gas; Grounds Care; Heat; Sewer Tenant Pays: Electricity; Water Showing: Call Agent
Listing Office: Berkshire Hathaway HomeServices Signature Properties
Listing Agent: William McClellan
IDX
Last Updated: February - 15 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.