Tag: Resources Real Estate

Long Branch Rental Market Remains Strong

Residential Lease Completed at West End Property

Long Branch, NJ — Resources Real Estate announced the completion of residential leasing of 59 Brighton Ave, Long Branch, NJ. The recently constructed mixed use building of 12 residential units and two street-level retail units is located just one block from the ocean beach in the West End section of Long Branch. 

“Marketing these rental properties was much the same as what we would do if we were selling them,” said agent Sahar Karykous of Resources Real Estate’s Shrewsbury sales office.

Her strategy included conducting open houses, extensive Facebook advertising and through videos, live streaming and more, Karykous emphasized the amenities as well as the oceanside location.

The building features 1 and 2 bedroom units each with a balcony, private laundry and an ocean view with shared rooftop access, gym, storage and security. 

When assuming the project in March 2020, the property was 80% vacant and was completely occupied by November.  

“The rate of vacancy is very important to investors, the ability to eliminate it with success, and quality in a short time is very important,” said Karykous, “I am pleased to have completed the project and look forward to more residential sales & leasing in the area in 2021.”

“The market in Long Branch in general and West End in particular is very strong,” said Thomas McCormack, Broker of Resources Real Estate.

“With all of the new development in progress along the oceanfront and now extending inland, Long Branch is highly desirable right now.”

For more information about this and other Long Branch residential and commercial properties, contact Karykous at Resources Real Estate.