Commercial > Multi-family / Apartments
Active
03/11/2024
List Price
$1,600,000$409/ft²
53 2nd Ave
Long Branch, NJ 07740
- 11Beds
- 5Baths
- 3,910ft²Living Area
- 7,841ft²Lot Size
- -Pool
- -Car
- 1910Year Built
- 93DOM
- -Permit
53 2nd Ave, Long Branch, NJ 07740 is a 11 bed, 5 bath, 3,910 ft² multi-family/apartments property built in 1910 on a 0.180 acre lot. This multi-family/apartments is currently on the market for $1,600,000, and it was last sold in 2022 for $815,000.
MLS Description
The listing agent's description. Original Listing
Introducing a lucrative investment opportunity in the heart of Long Branch, NJ - a thriving 5-family income-producing home with substantial upside potential. This well-maintained property features a rare advantage of a 3-car garage at the rear, ensuring convenience and additional income. Ample parking space further enhances its appeal. Strategically located and poised for growth, this property promises not just stability but a smart investment with room for expansion. Don't miss the chance to capitalize on the abundant potential this 5-family home holds.
Listing Agents
The listing agent for 53 2nd Ave is Michael Mizrahi.
MM
Michael Mizrahi
Weichert Realtors
Phone: (732) 899-9700
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$10,515.26From latest Total Assessed Value1.96%Total Assessed Value$535,400=Land+
Assessed Value$139,800Additions
Assessed Value$395,600
In 2021, taxes billed for 53 2nd Ave were $10,515.26, which is 1.96% from latest Total Assessed Value of $535,400.
Property History
53 2nd Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 53 2nd Ave
Hazard Risks
Hurricane130Wind122Ozone114Air Pollution114Carb Mono111Lead111Particulates104Nat'l Avg100Weather87Earthquake80Hail49Tornado26
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 53 2nd Ave.
Walkability Index
17 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
53 2nd Ave has a walkability score of 17 out of 20, which means that it is in a very walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
26°F
High
41°F
Summer
Average
Low
64°F
High
80°F
In the winter at 53 2nd Ave, temperatures range from 26.08°F to 41.19°F with an average of 33.64°F. In the summer, the temperature ranges from 63.84°F to 80.42°F with and average of 72.13°F.
School Information
Public Schools
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 53 2nd Ave have no ratings.
Neighborhood
This property is located in Downtown Arts District, Long Branch, NJ 07740.
Seasonal Housing units 07740
58%of housing is for seasonal rent.
Daytime Population for 07740
-9%of people during work hours.
Boundary map of Downtown / Arts District.
Crime Index for 07740
141
141
The crime index in 07740 is 141, which is 1.4 times higher than national average.
Market Trends
Historical market data near 53 2nd Ave over selected time period.
Nearby Properties on 2nd Ave
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- 408 2nd Ave, Long Branch, NJ 07740 (West End Long Branch) is a 3,463 square foot, 6 bedroom, 4 bathroom, 0.34 acre property. It was built in 1930 and has an estimate of $1,078,000 with a price per ft² of $311.
- 271 2nd Ave, Long Branch, NJ 07740 (Downtown / Arts District) is a 1,122 square foot, 2 bedroom, 2 bathroom, 0.11 acre property. It was built in 1929 and has an estimate of $353,250 with a price per ft² of $315.
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- 481 2nd Ave, Long Branch, NJ 07740 (West End Long Branch) is a 1,512 square foot, 5 bedroom, 3 bathroom, 0.09 acre property. It was built in 1920 and has an estimate of $541,750 with a price per ft² of $358.
- 383 2nd Ave, Long Branch, NJ 07740 (West End Long Branch) is a 1,632 square foot, 4 bedroom, 2 bathroom, 0.2 acre property. It was built in 1950 and has an estimate of $615,750 with a price per ft² of $377.
- 544 2nd Ave, Long Branch, NJ 07740 (West End Long Branch) is a 3,271 square foot, 4 bedroom, 3 bathroom, 0.65 acre property. It was built in 1910 and has an estimate of $911,500 with a price per ft² of $279.
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- 125 2nd Ave, Long Branch, NJ 07740 (Downtown / Arts District) is a 2,016 square foot, 2 bedroom, 2 bathroom, 0.2 acre property. It was built in 1961 and has an estimate of $579,932 with a price per ft² of $288.
- 301 2nd Ave, Long Branch, NJ 07740 (Downtown / Arts District) is a 3,360 square foot, 5 bedroom, 2 bathroom, 0.17 acre property. It was built in 1930 and has an estimate of $915,267 with a price per ft² of $272.
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- 519 2nd Ave, Long Branch, NJ 07740 (West End Long Branch) is a 2,429 square foot, 4 bedroom, 3 bathroom, 0.16 acre property. It was built in 2001 and has an estimate of $892,000 with a price per ft² of $367.
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