1. New Jersey
  2. Long Branch
  3. 497 Marvin Drive
$2,500,000

497 Marvin Drive, Long Branch, NJ 07740

  • 14 beds |
  • 6 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon0.4acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 23 days ago

Property Description

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.

Listing Status:
Active
Date Added:
June 19, 2025 at 05:00AM
Listing Office:
Sonya Grill Real Estate : 732-531-3322
Listing Agent:
Ronen Neuman : 732-531-3322
MLS ID:
22518185
  • Basement: Full
  • Flooring: LaminateCeramic Tile
  • A/C: Other
  • Fireplace: Fireplaces: 0

This listing courtesy of Ronen Neuman, Sonya Grill Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

George L Catrambone

240 Park Ave, Long Branch, NJ, 07740

Grades KG-5

0.95 miles away

L

Long Branch Middle School

350 Indiana Ave, Long Branch, NJ, 07740

Grades 6-8

0.84 miles away

L

Long Branch High School

404 Indiana Ave, Long Branch, NJ, 07740

Grades 9-12

0.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.