497 Marvin Drive, Long Branch, NJ 07740

Local realty services provided by:Better Homes and Gardens Real Estate Elite
497 Marvin Drive,Long Branch, NJ 07740
$2,500,000
  • 14 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ronen neuman
Office: sonya grill real estate
MLS#:22518185
Source:NJ_MOMLS

Price summary

  • Price:$2,500,000

About this home

Legal Five-Family Home in Prime Residential Neighborhood. Don't miss this rare opportunity to own a legal five-family property situated in a highly desirable area. Located near Monmouth University, houses of worship, and just minutes from the vibrant West End shopping district, this property offers exceptional potential for investors and owner-occupants alike. The lot spans an impressive 140 x 125 feet, providing ample outdoor space and future development possibilities. Recent improvements include a new concrete patio near the parking area, enhancing both functionality and curb appeal. One of the units (#4) has been recently updated. All tenants are currently on a month-to-month. The current rental income is below market value, presenting a significant opportunity for increased returns.

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Home facts

  • Year built:1920
  • Listing ID #:22518185
  • Added:148 day(s) ago
  • Updated:November 15, 2025 at 04:57 PM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:6
  • Full bathrooms:6

Structure and exterior

  • Year built:1920
  • Lot area:0.4 Acres

Schools

  • Middle school:Long Branch

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,500,000
  • Tax amount:$13,001 (2024)
IDX information if 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. Information provided by Monmouth MLS. Last Updated November 15, 2025

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