497 Marvin Drive, Long Branch, NJ 07740
Local realty services provided by:Better Homes and Gardens Real Estate Murphy & Co.
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:56 day(s) ago
- Updated:June 27, 2025 at 02:44 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)
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