279 Cleveland Avenue Long Branch, NJ $ 2,600,000
279 Cleveland Avenue
$ 2,600,000
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279 Cleveland Avenue

Long Branch, NJ, 07740
$ 2,600,000
Baths0.0 Sq 5,341

Monthly Estimate*

$ 18,162

279 Cleveland Avenue, Long Branch, NJ 07740 - Image 1
279 Cleveland Avenue, Long Branch, NJ 07740 - Image 2
Studio

Commercial Property for sale in Long Branch, NJ

for $2,600,000. This 5,341 square foot building was built in 1890 on a lot size of 0.42.

Large 8 FAMILY Property for Sale in the heart of Long Branch located on an oversized lot. Property is currently fully occupied comprised of (7) 1BR/1BA units and (1) 3BR/BA unit. Most units have been newly renovated and one unit fully renovated with all new flooring, lighting and appliances. One unit contains washer/dryer while the other units have shared washer/dryer in basement. Tons of storage available as well as private off street parking for commerical vehicles. All mechanicals have been serviced and in great working order, new electrical panels and updated plumbing.

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Commercial Active

Price

$ 2,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,017

Style

Lot Size

0.42

Year Built

1890

Town/City

Long Branch

County/Region

Monmouth

MLS | Web ID

22412257

Features
General
Sewer Public Sewer
Heating Baseboard
Roof Shingle
Garage Spaces 0.0
Year Built 1890
Stories 3
Property SubType Multi-Family
Tax Year 2023
Gross Income 231300.0
County Monmouth
New Construction N
Property Type Commercial Sale
Garage Y/N N
Status Active
Directions 279 Cleveland Ave Long Branch NJ 07740
City Long Branch
View Y/N N
Zoning Description Multi-Family
Total Units 8
MLS Area None
Lot Size Square Feet 18295.2
Carport Y/N N
Street Name Cleveland
Tax Annual Amount 11017.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Long Branch (LON)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 13
Standard Status Active
Tax Assessed Value 709400
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Interior
Basement Full Walk-Out Access
Total Fireplaces 0
Heating Y/N Y
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Off Street Paver Block
Water Source Public
Total Parking 10.0
Lot Size Area 0.42
Spa N
Building Area Total 5341.0
Lot Dimensions 85 x 175
Lot Size Acres 0.42
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 279
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* Excluded Features
List By
Michael Sclafani

Listing Agent

Re/Max Central

Broker

mikenjrealtor12@gmail.com

Email

Affordability Calculator

$19,080
Per Month
95%
5%
0%
Monthly Principal & Interest
$18,162
Monthly Property Taxes
$918
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
742343 Elementary School
742618 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/3/2024$2,600,000 Listed Price

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279 Cleveland Avenue, Long Branch, NJ, 07740 is a Commercial Property for sale at $2,600,000 with 5,341 sqft and a lot size of 0.42. 279 Cleveland Avenue is a studio with 0.0 baths and was built in 1890. The property's zip code is 07740 which is in Long Branch, NJ