Monmouth Multi-Family Real Estate

One property, two rental opportunities! This ranch-style duplex at 10 Cross Ave in Matawan offers an appealing opportunity to grow your investment portfolio or live in one unit while collecting rent from the other. Each unit features 2 bedrooms and 1 full bathroom with the ease of single-level living. Separate gas and electric meters simplify utility management, and both units have access to shared laundry and a fenced-in backyard. An oversized driveway provides ample parking for up to four cars. Within walking distance of the Aberdeen-Matawan train station and offering easy access to the Garden State Parkway, this property delivers the commuter convenience that helps attract renters. Put this two-family opportunity to work for you—schedule your private showing today!

10 Cross Avenue, Matawan

Listing courtesy of Coldwell Banker Realty. Contact:

$674,900

An exceptional opportunity to own a two-family home just blocks from the water in beautiful Long Branch. The property features a three-bedroom, one-bath lower unit and an upper unit with two bedrooms and one bath. Set on an expansive lot, it offers ample parking and outdoor space, while the unfinished basement provides potential to add livable square footage. Whether you choose to maintain the tenant-occupied property for passive income or explore the opportunity to build your dream home just feet from the shore, this property offers exciting possibilities. Walk or bike to Seven Presidents Oceanfront Park, the boardwalk, and Pier Village for dining, shopping, and entertainment. A wonderful place to settle in, unwind, and enjoy the shore.

143 Sampson Place, Long Branch

Listing courtesy of Red Door Realty Group. Contact:

$549,000

Rare opportunity at this price. Legal 2-family (up/down) with a 4/1 configuration & 1 full bathroom in each unit. Updates include roof in 2025 and windows, siding, heating system about 8-years old. Needs only cosmetics but - long term tenants willing to stay and pay market rents. Renovation possibilities endless. Huge driveway provides extra parking in addition to on-street parking. Full basement & large yard. Very close to Broadway shopping & dining and close to Long Branch's redevelopment area east of train tracks. You can't go wrong with this. Seller financing options possible.

28 7th Avenue, Long Branch

Listing courtesy of Housemart Realty, LLC. Contact:

$1,225,000

6 Beds ⋅ 2 Baths

IMMACULATE TWO-FAMILY HOME / 6 BEDROOMS / 4 CAR GARAGE CAPACITY OWNED SOLAR PANELS. Welcome to this immaculate, turnkey two-family home located on the east side of vibrant, sought-after Red Bank! Offering two spacious three- bedroom units, exceptional garage space, and energy- saving owned solar panels, this property is a fantastic opportunity for both owner-occupants and investors. The upper-level unit features a brand-new kitchen, three bedrooms, an updated full bathroom, beautiful hardwood floors, cast iron heat and central air conditioning. The lower-level unit offers an updated kitchen, three bedrooms, a full bathroom, hardwood floors, cast iron heat and central air conditioning. Car enthusiasts, hobbyists and anyone needing extra space will appreciate the outstanding garage accommodations. The basement features a two-car garage with abundant storage and room for a workshop. In addition, a separate detached two-car garage boasts an impressive 14 foot ceilings, providing excellent potential for vehicle storage, recreational equipment, hobbies, and more. ENERGY EFFICIENCY is another major highlight! The property features owned solar panels that help with the electricity costs for all units, offering the potential for meaningful energy savings. Whether you're looking to live in one unit while generating rental income, accommodate extended family, or add a solid investment property to your portfolio, this versatile home offers outstanding possibilities. A rare combination of space, versatility, and value in desirable Red Bank!

105 Prospect Avenue, Red Bank

Listing courtesy of Real Broker, LLC- Red Bank. Contact:

$3,700,000

8 Beds ⋅ 4 Baths

Rare 5+ acre development opportunity in Aberdeen Township! Expansive, level open terrain with broad areas, free of trees, offers a versatile canvas for future residential vision, from distinctive single-family homes to a thoughtfully planned multifamily community. Enhancing its appeal is an existing five-unit multifamily dwelling on site, with renovated apartments offering potential rental income during planning and development. Adjacent to the Ken Gardens community and close to Route 35, GSP and train and bus, this location aligns with the commuter demands. Highly rated Aberdeen schools too. Well and septic systems are in place and have been regularly serviced and maintained. This is a rare combination of scale, location and potential income stream. Buyer to perform due diligence and confirm all subdivision, density, utilities and approval requirements with Aberdeen Township.

410 Matawan Avenue, Cliffwood

Listing courtesy of Serhant New Jersey LLC. Contact:

$899,000

Fully renovated two family home in the heart of Highlands. Both units are updated top to bottom and currently occupied by great tenants, making this a true turnkey investment with income from day one. Steps to the beach! Located within a designated redevelopment zone, this property offers tremendous upside and future potential for the savvy investor or developer. Close to the beach, ferry, shops and restaurants. Opportunities like this don't come around often. Schedule your showing today!

35 4th Street, Highlands

Listing courtesy of Real Broker, LLC- Hampton. Contact:

$1,599,999

3 Beds ⋅ 2 Baths

3 FAMILY CORNER PROPERTY. Main 3 bedroom 1.5 bath colonial w/ full basement & loft attic. Tenants on month/month lease. 2 additional (2) bedroom apartments in rear building. Front house with updated kitchen and high ceilings in living room/dining room. Also basement in rear building. Situated on a 50x100 corner lot. Investors, multi-generational living or owner occupied. Off street parking for 2 cars with 1 car garage. Separate gas, electric for all three units. Side yard for entertaining. A short tree lined stroll to Main Street featuring a vibrant restaurant community, bakeries, bowling, Riley Park and NJ Transit. Summer activities include live music on the boardwalk, 5K run, fireworks, bocce ball, playground, miniature golf and much more. Walking distance to Ocean Grove and Asbury Park

500 Park Pl Avenue, Bradley Beach

Listing courtesy of RE/MAX Revolution. Contact:

$575,000

Vacant two-family near the Bayshore! Ask about potential special financing options for qualified buyers. Two separate 1BR/1BA units, each with its own kitchen and living area, let you live in one and rent the other or add a turnkey rental to your portfolio. Each unit has its own heat system, hot water heater, and gas and electric meters, so tenants pay their own gas and electric; water/sewer is shared. Updates include an updated downstairs kitchen and baths, refinished hardwood floors, new upstairs laminate flooring, fresh paint and new doors. Corner lot with fenced yard, paver patio, ramp access, 3-car driveway, detached garage, 2 newer sheds and attic storage. Near Keansburg beaches, waterfront attractions, shops, dining and transit.

170 Forest Avenue, Keansburg

Listing courtesy of VRI Homes. Contact: 732-977-2675

$1,050,000

6 Beds ⋅ 6 Baths

Prime investment opportunity in booming Long Branch! Nestled on a quiet one-way street surrounded by exciting local development, this fully updated true duplex offers exceptional versatility—generate strong rental income from both units, or live in one side while letting the other pay your mortgage. Built new in 2017 and fully renovated in 2026, each modern unit features completely separate utilities, private back-door access to a large fenced-in yard, and a dedicated one-car garage supplemented by ample off-street parking. Inside, both units boast 3 freshly carpeted bedrooms, 1.5 baths, a full kitchen with a massive pantry, laundry room with washer/dryer, and an energy-efficient tankless water heater. Location is everything: You are just blocks from the beach, boardwalk and Pier Village dining and shopping. The property also offers unbeatable proximity to Monmouth Medical Center, the NJ Transit train station, the bustling Broadway development zone, Monmouth University, and Netflix Studios. On the same block as Gregory Elementary School and with a large park at the end of the street, the location is quiet and family friendly. Don't miss this opportunity to be part of Long Branch's exciting renaissance!

186 Monmouth Avenue, Long Branch

Listing courtesy of Resources Real Estate. Contact: 732-212-0440

$649,000

WOW! Neptune Township cash cow! This two family house offers a great investment opportunity, currently tenant occupied with a gross income of over $61,000 annually. Offering two bedrooms and one bath per unit, recently renovated and very well kept. Add this one to your portfolio or start building one now!

1935 Bangs Avenue, Neptune Township

Listing courtesy of Blue Key Realty, LLC. Contact:

$1,149,999

3 Beds ⋅ 2 Baths

Excellent opportunity to live in one unit and cash flow on the other!! Experience elevated craftsmanship and contemporary luxury in this brand-new two-unit home, offering roughly 1,700 square feet of impeccably finished living space, including a full walk-out basement. Rebuilt from the ground up, every detail reflects refined architecture and modern sophistication. This exceptional two-bedroom, one-bath duplex spans two levels, featuring a fully finished basement with direct access to a private backyard oasis and attached garage. The open-concept living area is filled with natural light, showcasing high-end finishes and seamless indoor-outdoor flow. The upstairs unit is currently vacant, presenting the perfect opportunity for an owner-occupant to live in one unit while collecting income from the other. Both residences feature separate utility meters, tankless hot water systems, and high-efficiency forced air heating and central air for year-round comfort. Outside, enjoy a private driveway, garage, and landscaped grounds -- all just steps from the Seastreak Ferry with direct access to NYC and 10 minutes from the new Netflix Studios. Perfectly positioned near the waterfront, shops, and local dining, this home is a commuter's dream, blending coastal tranquility with modern urban convenience -- the ultimate balance of luxury, lifestyle, and location. Enjoy private entry, exclusive outdoor space, and modern comfort throughout. Unit 1 Vacant: 2 Bed 1 Bath w Basement and Garage rented for 3,650 per month Unit 2 1 Bed 1 Bath VACANT- previously rented for 2,550

39 Seadrift Avenue, Highlands

Listing courtesy of EXP Realty. Contact:

$649,000

The beach cottage you have been looking for with the added benefit of a legal rental unit, all on tree lined 2nd Avenue in NW Asbury! This property offers numerous options given its legal two family status while located in a single family neighborhood. Two separate apartments each with two bedrooms and outdoor space. This is the perfect opportunity for family members or friends to share a home, a great Airbnb option or use the entire property for yourself. A nice large yard could provide for future expansion and a long drive offers plenty of off street parking. Vacant and ready for immediate occupancy with furnishings included.

1318 2nd Avenue, Asbury Park

Listing courtesy of Space & Company. Contact:

$1,199,999

4 Beds ⋅ 4 Baths

Prime Investment Opportunity in Red Bank! Fully rented 4 - 1 bedroom units ideally situated on Red Bank's desirable east side. Just a short walk to the vibrant downtown, restaurants, shopping, and entertainment, this income-producing property offers immediate rental income and excellent long-term investment potential. A rare opportunity to acquire a four-unit property in one of the Jersey Shore's most sought-after rental markets.

81 Wallace Street, Red Bank

Listing courtesy of O'Brien Realty, LLC. Contact:

$1,490,000

Discover the timeless elegance of a rare Queen Anne Style four-family residence located high on the hill with views of the Manhattan skyline. Distinct details include wood paneling, pocket doors, stain glass windows, coffered ceilings plus inlaid wood floors. This property presents an excellent opportunity for an investor or an owner occupant who would enjoy the benefits of homeownership while generating income and equity from the other three units. Included in the purchase is a vacant lot next door. Property consists of two lots: Block 74 Lot 3 is the four-family home and Block 74 Lot 2 is the vacant land. House being sold "as is". All references to s.f are approximate. Buyer to do due diligence in regards to vacant lot.

22 Prospect Avenue, Atlantic Highlands

Listing courtesy of O'Brien Realty, LLC. Contact:

$729,000

3 Beds ⋅ 3 Baths

A Must See!! Unique Opportunity to own this Gorgeous Craftsman Style Colonial Two Family. First Floor Unit features a Renovated Two Bedroom One Bath w/Jetted Tub...A Large Kitchen and Breakfast Alcove, Full Formal Dining Room and Spacious Living Room, Laundry Room, Partially Finished Basement with Tons of Storage. The Second Floor offers a Renovated One Bedroom One Bath Apartment with Full Size Washer/Dryer. As an added Bonus....A Studio with Full Bath, Kitchen LR/DR and Sleep Alcove, great for Visitors or in-law Suite. The professionally Landscaped Grounds are Likened to a Parklike Setting, including a Fully Stocked Koi Pond, A Screened Hot Tub Hut (plumbed for Your New Hot Tub) and Solid shed for Storage or Art Studio and Paved Patio...Two Central A/C units and Forced Hot Air Heat. This Property will not disappoint!! Grade A School System, Nearby NY Waterways Ferry 20 Minutes to Manhattan and the cutest Main St Town with Lots of Restaurants and Cute Shops!! .A must see!!

96 Compton Street, Belford

Listing courtesy of Coldwell Banker Realty-Elevate. Contact:

$625,000

5 Beds ⋅ 3 Baths

"Welcome to Asbury Park" Ideal opportunity for owner occupants seeking immediate rental income and long-term growth. Exceptional for investors to possibility develop the additional side lot and add a garage with apartment above. There are separate electric meters and tenants are responsible for their own electric. Landlord pays water, sewer and gas. Tenants are on month to month lease. This property to be sold in "AS IS condition" Exceptional buy hurry won't last....

1534 Asbury Avenue, Asbury Park

Listing courtesy of RE/MAX Welcome Home. Contact:

$1,150,000

3 Beds ⋅ 1 Baths

Excellent opportunity to own a two-family raised home in a highly desirable beachside location, just 3 blocks from the beach. This property offers the ideal combination of investment potential and coastal living. Live in one unit and rent the other or maximize the property's income potential by leasing both units. The property has a history of consistent summer leases, making it an attractive option for investors seeking seasonal rental income. The raised-home design provides valuable flexibility and potential for additional storage or usable space underneath, while the two-unit configuration offers multiple possibilities for owners and investors alike.

521 Brielle Road Unit 2, Manasquan

Listing courtesy of Richard I. Wood Agency. Contact:

$1,749,000

7 Beds ⋅ 5 Baths

Timeless elegance meets modern comfort in this beautifully renovated two family Victorian located on the south side of historic Ocean Grove. Situated on an oversized lot with approximately 3,300 square feet of living space and exceptional lakefront and Ocean views that are truly priceless. The first floor features a spacious two-bedroom, two-bath apartment or guest quarters, complete with a generous living room, hardwood floors, and an updated Italian-style kitchen. An elegant staircase leads to the main living level, where you'll find a beautifully renovated kitchen and inviting living spaces that open onto a stunning porch overlooking the lake and ocean. The second floor also offers a spacious primary bedroom with en-suitebath, an additional media room/bedroom, and a hall bath. The third floor provides additional bedrooms and flexible living space, ideal for a home office, guest accommodations, or additional living space. Outside, the oversized rear yard offers a private and peaceful setting with a charming patio area and outdoor shower, along with endless possibilities for entertaining, relaxing, or creating your own private oasis. A rare opportunity to own a gracious Ocean Grove Victorian offering exceptional space, versatile living arrangements, an oversized lot, and some of the most spectacular lake and ocean views in town.

103 Central Avenue, Ocean Grove

Listing courtesy of Jack Green Realty. Contact:

$599,000

3 Beds ⋅ 3 Baths

ATTENTION INVESTORS! FULLY RENTED WITH INCOME OF $5,500 PER MONTH OR ANNUAL GROSS INCOME OF $66,000!!! Beautifully renovated 3BR home with attached 1BR apartment--ideal for multi-generational living or rental income! Main home features brand new kitchen, appliances, baths, new driveway, and spacious layout with second living area upstairs. Two bedrooms offer large walk-in closets. Attached apartment has private entrance, separate utilities, and dedicated parking. Live in one and rent the other or use as a mother/daughter setup. Conveniently located near the beach and across from a church in growing Keansburg. Being sold AS IS.

282 Carr Avenue, Keansburg

Listing courtesy of Keller Williams Realty Central Monmouth. Contact:

$999,000

A rare opportunity to own a beautifully renovated 2 family in Manasquan! The home features private side by side ranch units. Whether looking to live in one unit and rent the other, use as a summer getaway, or as an investment property, the home is sure to please. Enjoy time in the oversized, private, and tranquil backyard. Nearby downtown Manasquan and a short ride to local beaches. The home has been fully renovated inside and out over the last 7 years and is ready for its next owner.

33-35 Atlantic Avenue, Manasquan

Listing courtesy of Chris Smith Realty. Contact:

$575,000

Legal Two Family in Hazlet. Move in and Unpack! Both units have been remodeled! Freshly painted with new flooring through out. Live in one unit and collect the rent from upstairs. Downstairs has 3 bedrooms, upstairs has 2. Large fenced yard for your enjoyment. Conveniently located to NYC bus at the corner, beach right down the street. Near Henry Hudson Trail & Shopping. SELLER WILL CONSIDER A 1% BUY DOWN FOR A 30 YR MORTGAGE OR HIGHER BUY DOWN FOR A SHORTER TERM MORTGAGE, SEE MORE INFO UNDER DOCUMENTS.

214 4th Street Unit A & B, Hazlet

Listing courtesy of RE/MAX First Class. Contact:

$600,000

LEGAL 2-FAMILY | 8 SHORT BLOCKS TO THE BEACH | NO HOA | JERSEY SHORE INVESTMENT OPPORTUNITY Live the Ocean Grove lifestyle while owning a property with real income-producing potential. This legally recognized 2-family property offers a rare combination of Jersey Shore charm, flexibility, and investment opportunity—just eight short blocks from the beach and boardwalk in the heart of Ocean Grove. For buyers looking for a condo alternative without an HOA, a second home with rental income, or an investment property in one of the Jersey Shore's most beloved beach communities, this property deserves a look. Ocean Grove is all about the Shore lifestyle: morning walks to the beach, summer days in the sand, evenings strolling the boardwalk, and the unique charm of a historic seaside community. Here, you're close enough to enjoy it all while still having the potential to generate rental income. The first-floor unit welcomes you with a charming screened-in porch—perfect for morning coffee or relaxing after a day at the beach. Inside is a comfortable living room, followed by a pass-through bedroom with two closets, an updated kitchen, and a three-piece bath. Sliding doors lead to a spacious rear yard featuring a composite deck, ideal for summer entertaining, dining outdoors, or simply soaking up the Shore sunshine. The rear and side yards are finished with low-maintenance pavers, making ownership and upkeep easy. The second-floor unit has its own private exterior entrance and has been recently renovated with new sheetrock, cabinets, trim, doors, and fresh paint. The efficient kitchen features a refrigerator, gas range, ceramic tile, and a convenient seating area. A three-piece bath serves the unit, while the cozy living area has been completely refreshed with new overhead lighting, trim, and paint. The private primary bedroom provides a peaceful retreat—a perfect place to unwind with a good book after a day at the beach. Income potential is a major part of the appeal. One-bedroom, one-bath accommodations in Ocean Grove can command approximately $1,600-$2,000+ per month for winter rentals, while summer weekly rentals can achieve similar or greater amounts depending on timing, condition, and demand. Buyers should independently verify current rental rates and income potential. Whether your goal is to build a Jersey Shore investment portfolio, offset ownership costs with rental income, create a family beach retreat, or enjoy the flexibility of a two-unit property, this Ocean Grove opportunity checks a lot of boxes. Beach-town lifestyle. Two legal units. No HOA. Private outdoor space. Rental potential. And Ocean Grove just eight short blocks away. Your piece of the Jersey Shore starts here. Most Recent Multi-family Ocean Grove closed at $790k December of 2025.

130 Heck Avenue, Ocean Grove

Listing courtesy of Coldwell Banker Realty. Contact:

$1,699,900

5 Beds ⋅ 4 Baths

A rare opportunity in one of Long Branch's most sought-after locations. Situated on an oversized .4-acre corner lot just two blocks from the beach, Pier Village, and NJ Transit, this income-producing two-family property offers incredible flexibility for an investor, owner-occupant, or buyer looking to capitalize on the continued growth of Long Branch. The property features a detached garage along with recent improvements including new windows, fresh paint, updated mechanicals, new sheetrock, and more. Keep it as an income-producing two-family, make it your own, or explore the possibilities this large lot and prime location may offer.

104 Morris Avenue, Long Branch

Listing courtesy of EXP Realty. Contact:

$525,000

Opportunity knocks in Asbury Park! This two-family property offers two 1-bedroom, 1-bath units and plenty of potential for the buyer ready to bring some vision. One unit is currently vacant, providing an opportunity to renovate and refresh, while the second is tenant occupied. Both units feature similar layouts. Situated on a generous 50 x 150 lot with off-street parking and a full basement with tenant storage. Whether you're looking to expand your investment portfolio, renovate for future income potential or create a property that works for you. All utilities are separate. Conveniently located near all that Asbury Park and the Jersey Shore have to offer. Interior photos are of the vacant unit only.

126 De Witt Avenue, Asbury Park

Listing courtesy of Patrick Parker Realty. Contact:

$499,000

Legal 2-Family Home on a Spacious Lot in Englishtown! This versatile property offers an excellent opportunity for investors, owner-occupants, or multi-generational living. The home features two separate units: a 2-bedroom, 1-bath unit upstairs and a 3-bedroom, 1-bath unit downstairs. The first-floor unit has been newly renovated and offers fresh, move-in-ready living space. Situated on a generous lot of just under one acre, the property provides plenty of outdoor space and flexibility. Live in one unit and rent the other, accommodate extended family, or add a solid income-producing property to your investment portfolio. Conveniently located in Englishtown with easy access to nearby Manalapan and Freehold, as well as shopping, dining, major roadways, and everyday conveniences.

26 Hamilton Road, Englishtown

Listing courtesy of Realmart Realty LLC.. Contact: 888-362-6543

$570,000

3 Beds ⋅ 2 Baths

LOCATION LOCATION LOCATION! 266 Bayside Drive presents a rare chance to own a duplex in the heart of Highlands, just a short walk from the Seastreak Ferry and ideally positioned near local dining, shopping, beaches, parks, and everything this vibrant waterfront community has to offer. The property currently features a two-bedroom, one-bath residence on the first floor, along with a one-bedroom, one-bath lower-level unit, and separate laundry room, offering flexibility for rental income, owner occupancy, or a future reimagining. With strong potential to renovate, reposition, or potentially expand upward to capture water views, this is an exciting opportunity for an investor or buyer looking to create value in one of Monmouth County's most desirable coastal locations. Bring your vision and take advantage of the location, layout, and long-term potential of this unique Highlands property! Whether looking for your summer house, or want to live in one unit and rent your house or looking for pure investment opportunity this is the one!

266 Bayside Drive, Highlands

Listing courtesy of Serhant New Jersey LLC. Contact:

Selling Office: C21 Thomson & Co..

$1,375,000

5 Beds ⋅ 4 Baths

Immaculate, fully renovated 2-Family home in the heart of Red Bank, scheduled for completion in October 2026 and ready for immediate occupancy. The first-floor unit offers 3 bedrooms and 2 full bathrooms; the second features 2 bedrooms, 2 full bathrooms, and a bonus loft. Both include open-concept living spaces and separate utilities. Minutes from downtown Red Bank, NJ Transit, restaurants, shopping, riverfront parks, and the planned Denholtz development with 175 apartments and 20,000+ SF of retail. An exceptional opportunity for investors, 1031 exchange buyers, or house hackers in one of Monmouth County's strongest rental markets.

145 Chestnut Street, Red Bank

Listing courtesy of Sackman Realty. Contact:

$1,175,000

4 Beds ⋅ 3 Baths

A rare opportunity in the heart of Red Bank, this beautifully updated and meticulously maintained two-family property offers remarkable versatility. The main residence features 3 bedrooms and 2 full baths, including a spacious primary suite with en-suite bath and walk-in closet. A separate second-floor residence offers 1 bedroom, a den, and full bath—ideal for guests, extended family, or potential income. The detached garage, complete with HVAC and running water, provides finished space for a studio, office, or gym. Separate utilities, 3 new HVAC systems, a private patio with fireplace, and ample off-street parking complete this distinctive offering near downtown Red Bank. Thoughtfully designed for today's lifestyle, this distinctive offering combines a spacious primary residence, private second-floor apartment, and detached studio/workspace. The main residence includes comfortable living and dining areas, an updated kitchen with a brand-new range, and convenient main-floor laundry. The second-floor apartment is currently operated as a successful short-term rental, providing options for guests, extended family, a dedicated home office, or potential additional income. Continued short-term rental use is subject to the new owner's required Red Bank Borough licensing and approvals. The detached garage adds another dimension of usability, with HVAC, running water, and versatile finished space suited to an art or creative studio, private office, home gym, or workspace. Each residential unit has completely separate electric, gas, and water utilities, allowing for independent utility management. All three HVAC zones feature brand-new systems, providing modern comfort and efficiency throughout. Outdoor living is equally inviting, with a private patio featuring a fireplace, low-maintenance landscaping, and a wide driveway offering ample off-street parking. With options for living, hosting, working, creating, and potential income generation, this beautifully maintained home is conveniently located near downtown Red Bank's restaurants, shopping, entertainment, and transportation.

65 Branch Avenue, Red Bank

Listing courtesy of Keller Williams Realty Spring Lake. Contact:

Selling Office: Resources Real Estate.

$649,999

Live in one, offset costs by renting the other. Legally zoned 2-family in Bradley Park, close to the beach, downtown Asbury Park, public transportation, shopping, and major highways. One vacant unit one rented. Unit 2 was fully renovated in 2024 and has strong rental history; Unit 1 offers stable rent with potential for upside through moderate updates. Roof and Unit 2 furnace replaced 2024; Unit 1 furnace and both hot water heaters replaced 2026. Long driveway and large backyard for parking. Walk-out basement with laundry access. Separate gas and electric meters - tenants pay gas, electric, cable, and internet; landlord covers water/sewer. Great for owner occupant or investor.

209 Atkins Avenue, Neptune Township

Listing courtesy of Serhant New Jersey LLC. Contact:

$1,399,000

7 Beds ⋅ 4 Baths

Welcome to 28 Norwood Avenue, a fully renovated 4-family investment property in Long Branch. Renovated in 2023, the property features updated kitchens and bathrooms, vinyl flooring, recessed lighting, updated plumbing, a new roof, HVAC systems, and four individual water heaters. The property includes three 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, generating $10,070 in gross monthly rent. Each unit is separately metered for gas and electric, which are tenant-paid. Additional features include individual heating and cooling systems and a two-car driveway. A strong turnkey opportunity for investors seeking an updated multifamily asset with in-place income. To schedule a showing, please call or text agent. Use showingtime. Appointment requires 24 hour notice for tenants.

28 Norwood Avenue, Long Branch

Listing courtesy of Beba Realty, LLC. Contact:

$1,111,111

3 Beds ⋅ 3 Baths

Enjoy the best of both worlds—Ocean Grove charm just steps from the footbridge to lively Asbury Park! Flexible as a 1 or 2-family home, ideal for multi-generational living, extended family or income potential. First floor offers 1 BR, 1 BA, sun-filled living area, dining area, kitchen, beverage bar & patio for al fresco dining. Second floor features 2 BRs, 2 full BAs & updated kitchen. The expansive finished 3rd floor is a standout, offering an impressive amount of addt'l living space, endless possibilities & views of the City by the Sea. Enjoy a mahogany front porch overlooking lush gardens & basement storage for bikes & beach gear. Beaches, dining, shopping, downtown Ocean Grove & Asbury Park are steps away. Exceptional space, flexibility & location. This is THE ONE!

97 Asbury Avenue, Ocean Grove

Listing courtesy of Keller Williams Avon Realty. Contact:

$1,250,000

6 Beds ⋅ 2 Baths

PRIME FIRST AVE MULTI-FAMILY. Steps to Beach w/ Dual Street Access off Timber Lane and 1st Ave! Situated just steps from the sand in one of Manasquan's most sought-after beach neighborhoods, 349 First Avenue offers incredible versatility for investors, landlords, and custom builders alike. GRANDFATHERED TWO-FAMILY INCOME: 2-family home with separate utility meters already in place. Collect strong summer or annual rental income or maintain a private beach get-away in one unit while renting the other to offset your holding costs. CUSTOM BUILD POTENTIAL: Looking to build your dream coastal retreat? This prime 30' x 96' parcel on First Avenue provides the perfect canvas to design an elevated, modern single-family home steps from the ocean, boardwalk, and local beach spots. Properties with dual street access and multi-family rights on First Avenue rarely come to market at this price point. Keep as a cash-flowing beach cottage or plan your future build--the choice is yours.

349 1st Avenue, Manasquan

Listing courtesy of Ward Wight Sotheby's International Realty. Contact:

$701,000

This beach house is truly a one of a kind a two family home to rent or use as a family compound. The downstairs apartment features a comfortable sunlit family room with two nicely sized bedrooms, hardwood floors, fully renovated bath and spacious kitchen w/s.s. appliances. Utility room/laundry room or mud room. Upstairs you find this stunning pied-a-terre, a NY loft style space with a custom kitchen featuring a beautiful breakfast bar, gorgeous tiling and flooring and s.s. appliances. Peaceful living area with double sided fireplace into the primary bedroom. Open loft area provides flexibility for a home office, studio or guest space. A luxurious spa like bathroom featuring a beautiful tub/shower creating a relaxing retreat. Also, a Zen outdoor deck perfect for any occasion. Then there is the backyard, the home's heart. The fully fenced in yard is a private oasis for outdoor entertaining and relaxation. Comfortable lounge area, dining space, gardens, outdoor shower and most impressive, an outdoor soaking tub! Thoughtful landscaping and lighting complete the setting! All a six minute walk to the Sea streak ferry for an easy commute to city, fine dining and local beaches! Will not last, call today!

32 Huddy Avenue, Highlands

Listing courtesy of Berkshire Hathaway HomeServices Fox & Roach - Rumson. Contact:

Selling Office: Berkshire Hathaway HomeServices Fox & Roach - Rumson.

$345,000

5 Beds ⋅ 3 Baths

Great opportunity in Union Beach! This two-family property features separate entrances for the first- and second-floor units, with spacious rooms and large kitchens on both levels. The first-floor unit offers a large living room, along with 1½ baths. The flexible layout and generous lot size provide numerous possibilities for renovation and future use. The room count may offer opportunities for reconfiguration to suit your needs, subject to municipal approval. The property is in need of repairs and is being offered with plenty of potential for an investor or owner-occupant looking to create value. Use caution when showing. Conveniently located near the revitalized Bay area, with easy access to Sandy Hook and the many attractions throughout the Bayshore area of Monmouth County. "The seller does not accept blind offers or escalation clauses." "Cash offers require 10% EMD or $1,000 minimum, whichever is greater, and all financed offers require 1% EMD or $1,000 minimum, whichever is greater.

918 7th Street Unit ST, Union Beach

Listing courtesy of C21/ Charles Smith Agency. Contact:

$1,100,000

6 Beds ⋅ 4 Baths

Renovated exceptional two-family home offers the perfect blend of modern design, quality craftsmanship, and investment potential. Every inch of the property has been completely redone with high end finishes throughout -- including new windows, new flooring, and beautifully redesigned kitchens and bathrooms in both units. Each spacious unit features 3 bedrooms, 1.5 baths, a bright open layout, and its own private laundry. The stunning new kitchens showcase stylish cabinetry, modern finishes, and updated appliances, while the bathrooms have been thoughtfully renovated with a clean, contemporary feel. Both units have basements that can be finished. Large yard goes over 200ft back plus a large 2 car garage.

22 Washington Street, Long Branch

Listing courtesy of Cathy Ades Real Estate LLC. Contact:

$875,000

9 Beds ⋅ 3 Baths

This three-family home in Asbury Park, New Jersey, presents a great investment opportunity. Apartments 1 and 2 are located on the first floor. Apartment 1 has been fully renovated and features two bedrooms, one bathroom, and a galley-style kitchen. The unit is currently vacant and ready for immediate occupancy or rental. Apartment 2 offers three bedrooms and one bathroom and is currently tenant-occupied. Apartment 3 is located on the second floor and features four bedrooms and one bathroom and is also currently rented. With two income-producing units and one newly renovated vacant apartment, this property offers excellent potential for both investors and owner-occupants.

1315 Summerfield Avenue, Asbury Park

Listing courtesy of Coldwell Banker Realty. Contact:

$489,000

Turnkey 2 family. Long term tenants. 3 bedroom downstairs rent $1690. 2 bedroom upstairs $1075.Tenants pay all utilities including water and sewer. Rents way below market.

205 Thompson Avenue, Middletown

Listing courtesy of Rewards Realty. Contact:

Selling Office: Rewards Realty.

$899,000

5 Beds ⋅ 3 Baths

Incredible investment opportunity in the heart of Leonardo! This rare, legal two-family property located at 1 Thompson Drive sits on an expansive, park-like lot of over 1.1 acres, backing up to private, serene woods. Spanning nearly 2,912 square feet of total interior space, this income-generating property provides the ultimate flexibility as a multi-unit investment or a perfect multi-generational home.A massive driveway offering abundant off-street parking, set back privately from the main road.The property is ideally situated in the highly rated Middletown School District. It is a commuter's dream, located under 10 minutes from the Seastreak Ferry for direct access to NYC, and just minutes away from local beaches, the Leonardo State Marina, shopping, and major highways like Route 36.

1 Thompson Drive, Leonardo

Listing courtesy of RE/MAX First Realty. Contact:

$725,000

Exceptional opportunity to own a spacious two-family home in the heart of Long Branch. This well-maintained property offers over 2,230 square feet of living space with one 2-bedroom and a second floor 3 bedroom apartment. Each unit features hardwood floors, ceramic tile, its own full bath, kitchen and comfortable living areas, providing flexibility for rental income or extended family. Additional highlights include forced hot air heat, central air conditioning, a 1,083-square-foot basement offering abundant storage, laundry, some storage or future potential, a welcoming covered front porch and separate meters. Conveniently located just minutes from Long Branch beaches, Pier Village, NJ Transit, Monmouth Medical Center, Monmouth University, shopping, dining, and major highways. Whether you're looking to expand your investment portfolio or occupy one unit generating rental income from the other, this versatile property presents an outstanding opportunity in one of the Jersey Shore's most desirable communities.

416 Broadway, Long Branch

Listing courtesy of Burke&Manna Real Estate Agency. Contact:

Selling Office: Burke&Manna Real Estate Agency.

$761,000

6 Beds ⋅ 3 Baths

Three-family opportunity with endless potential! Offered for the first time, this well-maintained property sits on nearly one acre and is ideal for investors or owner-occupants looking to offset their mortgage with rental income. The main home features two units--a spacious 3-bedroom, 1-bath first-floor apartment and a 2-bedroom, 1-bath second-floor apartment with walk-up attic access. A detached free-standing building, currently used as a studio, serves as the third unit and offers additional income potential or flexible use. Additional features include a detached garage, ample outdoor space, and the possibility of converting the property back to a single-family home.

438 Brickyard Road, Freehold

Listing courtesy of Jersey Property Group Realty. Contact:

Selling Office: Jersey Property Group Realty.

$999,999

Prime mixed-use investment opportunity on Main Street in Matawan! This five-unit property features two, three bedroom residential apartments and three commercial spaces, offering multiple income streams. One commercial unit is occupied by a thriving, established hair salon, while the second, formerly a medical school, is soon to be vacant and ready for a new tenant or owner-user. There is also a large vacant garage attached which can be rented as well. The flexible commercial space is ideal for professional, medical, retail, or service businesses (subject to approvals). Located in the heart of downtown with excellent visibility and exposure, this property offers strong investment potential, steady rental income in a desirable, high-traffic location.

92 Main Street, Matawan

Listing courtesy of EXP Realty. Contact:

Selling Office: C21 Thomson & Co..

$599,000

Price Adjusted! Owner Occupant or Investor alert for this 2 family on a 52x129 corner lot a bike ride from Bradley Beach, Asbury or Bradley Beach & only a few blocks from the Bradley Beach or Asbury train stations. Lower 2 bedroom unit is month-to-month tenant occupied & Upstairs 3 bedroom unit is vacant. Seller just recently completed renovations that include: replacing wood on the porch & deck to basement & fresh paint, power washing, new roof on rear shed (township said it cannot be a garage as there isn't a driveway), vacant upstairs unit refreshed but not renovated and more. Separate electric & gas utilities; Landlord pays for water only. With the close proximity to iconic & award winning Jersey Shore beaches & mass transit close by - you cannot go wrong!

120 Atkins Avenue, Neptune Township

Listing courtesy of Weichert Realtors-Sea Girt. Contact:

133-135 Drs James Parker Boulevard, Red Bank

$660,000