Property

Long Branch, NJ 07740 497 Marvin Drive

Presented By: Ronen Neuman, Sonya Grill Real Estate
  • MLS# 22518185
  • 06/19/2025
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  • Beds • 14

Home Details

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.
Presented By: Ronen Neuman, Sonya Grill Real Estate

Interior Features for 497 Marvin Drive

Bedrooms

Total Bedrooms14

Bathrooms

Total Baths6

Other Interior Features

Air Conditioning Y/NYes
BasementFull
Basement (Y/N)Yes
FlooringLaminate, Ceramic Tile
Total Fireplaces

General for 497 Marvin Drive

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLong Branch
CoolingOther
CountyMonmouth
DirectionsCedar Ave, north onto Marvin Drive.
Full Baths6
Garage Spaces0.0
Garage Y/NNo
HeatingYN@Core.PermissionsNone
Home Warranty Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet17424.0
Lot Size UnitsAcres
MLS AreaNone
MLS Area MinorLong Branch (LON)
Middle/Junior High SchoolLong Branch
MobileHomeRemainsYNNo
ModificationTimestamp2025-06-19T18:05:35Z
New ConstructionNo
Number Of Units Total5
Property SubtypeFive Family
Property TypeMulti-Family
Rent Control Y/NNo
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameNone
Tax Annual Amount13001.0
Tax Year2024
TaxOtherAnnualAssessmentAmount845900.0
Water Body Access Y/NNone
Year Built1920

Exterior for 497 Marvin Drive

Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions140 x 125
Lot Size Acres0.4
Lot Size Area0.4
SpaNo
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School N/A
Elementary School N/A
Middle School Long Branch Middle School

Aneesa Pinheiro

Associate
Price $2,500,000
MLS#22518185
List Date 06/19/2025
Property Type Multi-Family
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