282 Morris Avenue, Long Branch, NJ 07740

$655,000
5
BD
2
BA

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List Price
$655,000
Status
PENDING
Type
Multifamily
MLS#
22613321
Beds
5
Baths
2
Region
Long Branch (LON)
Year Built
1910

Property Description

Rare opportunity to own a spacious 2-family home situated on an oversized lot in one of Long Branch's most desirable locations just minutes from the Jersey Shore. This versatile property at 282 Morris Avenue offers incredible potential for investors, owner-occupants, or developers looking for future expansion possibilities. The first-floor unit features 3 bedrooms, 1 full bathroom, a comfortable living room, and a full kitchen with ample space for everyday living. The second-floor unit offers 2 bedrooms, 1 full bathroom, a living room, and a full kitchen, creating an excellent setup for rental income or multi-generational living. The home also includes a full unfinished basement with endless possibilities for storage, workshop space, or future finishing. A walk-up attic provides standing-height space with the potential to be converted into a third-floor living area with additional bedrooms and bathrooms, subject to township approvals. Situated on an extra-large lot stretching from Morris Avenue all the way through to Willow Avenue, this property offers exceptional outdoor space and possible subdivision potential for a second home with access from Willow Avenue. Buyers are encouraged to perform their own due diligence with the municipality regarding subdivision possibilities, zoning requirements, and any future development approvals. The backyard features patios ideal for entertaining, plenty of open space, a detached garage, and a private driveway for off-street parking. Conveniently located close to beaches, shopping, restaurants, transportation, major roadways, Monmouth Medical Center, and the NJ Transit North Jersey Coast Line train station, this is an outstanding opportunity to own an income-producing property with tremendous upside potential in a prime shore location.

Additional Information

Middle School
Long Branch
Acres
0.15
Zoning
Multi-Family
Taxes
$8,688
Subtype
Duplex
Lot Description
Level, Subdividable, See Remarks
Year Built
1910
Roof
Shingle
Heat Ac
2 Zoned Heat
Parking Driveway
Detached
Units
2

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Listing courtesy of RE/MAX Central. Contact: