497 Marvin Drive, Long Branch, NJ

$2,500,000

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14

Beds

6

Baths

0.40

Acres

About 497 Marvin Drive

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.

Features of 497 Marvin Drive

MLS® # 22518185
Price $2,500,000
Bedrooms 14
Bathrooms 6.00
Full Baths 6
Acres 0.40
Year Built 1920
Type Multi-Family
Sub-Type Five Family
Status Active

Community Information

Address 497 Marvin Drive
Area Long Branch (LON)
City Long Branch
County Monmouth
State NJ
Zip Code 07740

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Other
Fireplace No
# of Stories 2

School Information

Middle Long Branch

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

AgentRonen Neuman
OfficeSonya Grill Real Estate

Listing Map

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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth County Association of REALTORS®, and is updated as of July 14th, 2025 at 1:48am EDT (date/time). IDX information is 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.