Close Menu
USTaxNews.live – Your Trusted Source for U.S. Tax & Finance Updates
  • Home
  • Audit
  • Finance
  • IRS
  • Legal
  • Tax News
  • Tax preparation
  • Tax Tips
  • USA Accounting
What's Hot

We’re Not Rich, but We’re Raising Our Kids in the Hamptons

November 7, 2026

My Friend Lives With Me and My Kids, and We’ve Both Saved Money

November 7, 2026

I Taught My Senior Dog Pilates and Started a Business

November 7, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated

Subscribe to USTaxNews

* indicates required

Subscribe for Tax Updates

Get the latest IRS news, tax tips, and deadlines delivered to your inbox.

style="display:none">
Facebook X (Twitter) Instagram
USTaxNews.live – Your Trusted Source for U.S. Tax & Finance Updates
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
  • Home
  • Audit
  • Finance
  • IRS
  • Legal
  • Tax News
  • Tax preparation
  • Tax Tips
  • USA Accounting
USTaxNews.live – Your Trusted Source for U.S. Tax & Finance Updates
Home » Long Branch, New Jersey’s Condo Market Is Changing the Jersey Shore
Audit

Long Branch, New Jersey’s Condo Market Is Changing the Jersey Shore

EditorBy EditorJune 9, 2025No Comments6 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


When people think of the Jersey Shore, the MTV reality show might come to mind. Gym, tan, laundry; fist pumping, and nightclubs. But a small beachside city is drawing a more chic crowd to the beaches of New Jersey, and redefining what the shore looks like in the process.

Long Branch, New Jersey, which is an hour’s drive from Trenton and a similar distance from Manhattan, has largely kept its small-town charm. But a transformation is afoot, and sisters Jennifer and Michele Maybaum have seen it up close.

“We’ve really seen the evolution of Long Branch going from a, you could say, lower- to middle-class city to what’s being built today,” Michele told Business Insider.

The pair run Max’s Bar and Grill, a local landmark in Long Branch. The restaurant has been in their family since 1950 and in New Jersey since 1928. But new construction is changing the shoreline and the town itself.

“With the advent of all the condos that are being built, new restaurants and new things that have come into Long Branch, a new type of person is moving to Long Branch,” she added.

New luxury developments, restaurants, and stores are luring wealthier visitors and residents away from other hot spots around the country, changing the fabric of the once old-school beach town.

The condo market in Long Branch is on the rise

A rendering of an outdoor pool facing the ocean.

The pool deck as well as some units will have a view of the Atlantic Ocean.

Williams New York



The condo market in Long Branch has adjusted in recent years.

Data from Redfin shows the median sales price for condos and co-ops was $818,242 in April 2020. That same month in 2025, that number was $950,000 — a 16% increase.

The increase in price could be due to the increase in ritzy selections in the area, like The Atlantic Club, a luxury beachfront condo building scheduled to open in 2026. It’s home to what is now the most expensive condo sale in the county: A penthouse that sold for $5.95 million in 2024. According to MLS data, condo sales over $1 million increased year over year in Long Branch by nearly 11%.

The 132-unit Atlantic Club features a pool deck, a fitness center, a business center, and a pet spa, among other amenities. It opened up sales in 2023 with prices ranging from $1.12 million to over $5.95 million.

Dennis Drazin, a 73-year-old attorney, bought a four-bedroom unit, which he plans to pay between $3.65 million and $4 million for, depending on what features he chooses to install.

“The unit that I chose has a big terrace on it where I walk out of the living quarters and I can sit and relax in the sun and watch the ocean,” Drazin told BI. “That’s what I like to do when I’m not working.”

Drazin was born in Long Branch but has lived a 10-minute drive away in Fair Haven, New Jersey, since 1988. He and his wife are downsizing from their two-acre property and getting closer to the beach.

“I wanted to be on the ocean,” he said. “I wanted to have the beach within a few steps of where I was. I wanted to have the boardwalk where I could walk long distances back and forth. I wanted to have restaurants in the area that I would be able to utilize.”

An aerial view of a condo building in New Jersey.

Prices at The Atlantic Club start at $3.65 million.

Williams New York



Peter Rokkos, a 56-year-old professor at Rutgers University , was in the market for a second home and was looking far and wide for a new spot. He looked in New Jersey and even went as far as Florida, considering Fort Lauderdale and Naples.

He was close to settling on Naples, but sided with convenience and a tamer climate.

“In my mind, I’ve got sort of an over-under of 100 nights,” Rokkos told BI. “If I’m going to get a hundred nights, how often am I going to want to fly down to 100 degrees in Florida?”

Rokkos’ getaway home is about 15 miles from his home base in Holmdel, New Jersey. He paid about $1.9 million for a two-bedroom unit with a den, he said.

A bittersweet transformation

The essence of Long Branch is rooted in vacationing — mainly for New Jersey locals. The pier used to be complete with quintessential boardwalk necessities like arcades, waterslides, and mini golf. Now, while some of those classics still remain, fine dining restaurants, fashionable retail stores, and condos are in the mix, changing the ambiance.

A beach and boardwalk in New Jersey.

The boardwalk in Long Branch, New Jersey.

andykazie/iStock



That change in ambience is a benefit for a lot of the people choosing Long Branch, like Rokkos.

“I’m not sure this would’ve been the purchase we would’ve made 15 years ago when my kids were a little bit younger — but now they’re a bit older,” Rokkos said. “They like the ability to pop down the block and get a cup of coffee, or go visit the yoga studio down the block.”

“They started bringing more commerce to the area, bringing more people to the area, bringing more restaurants to the area, spreading the tendrils out from that little beach strip out to more and more gentrification, turning Long Branch from the sleepy, beach community that it was into more of a commerce destination.”

Longtime business owners like the Maybaum sisters are happy to see business booming and patrons from all over the world — noting that people from France, Spain, and beyond have visited their restaurant.

But when new buildings are constructed, they take over old ones.

Jennifer highlighted Seashore Day Camp, a camp that both the Maybaums and their children attended that, as of 2025, has turned into condos starting at $1.9 million. The camp would have celebrated its 100th anniversary in 2026.

“Seeing that gone is sad because you grew up seeing that, and it was part of your history, part of your memories and your experiences,” Jennifer said. “There have been some businesses that the local community had a connection with that are no longer there.”

“I do think what’s happening is amazing,” Jennifer added. “It’s almost bittersweet.”



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Editor
  • Website

Related Posts

We’re Not Rich, but We’re Raising Our Kids in the Hamptons

November 7, 2026

My Friend Lives With Me and My Kids, and We’ve Both Saved Money

November 7, 2026

I Taught My Senior Dog Pilates and Started a Business

November 7, 2026
Leave A Reply Cancel Reply

News
Finance

Cosm rides premium moviegoing wave with more immersive screenings

Cosm’s Dallas venue.Courtesy of CosmThe next big thing in premium large format theatrical viewing takes…

Tesla to wind down Cybertruck production in Texas next year

November 6, 2026

Automakers face a tougher 2027 as costs rise, market tightens

November 6, 2026
Top Trending
IRS

IRS updates 2027 tax brackets and raises standard deduction to $16,600

The Big Money Show analyzes the latest tax votes as Florida voters…

IRS

IRS CEO Frank Bisignano says mobile app will combat fraud and theft

IRS CEO Frank Bisignano says the agency’s new mobile app will let…

IRS

Chinese national detained, indicted in $360K fake Microsoft tech support scam

Rep. Brett Guthrie, R-Ky., discusses how the United States should handle the…

Subscribe to News

Please enable JavaScript in your browser to complete this form.
Loading

Welcome to USTaxNews.live – Your Trusted Source for U.S. Tax, Accounting, and Financial News.

At USTaxNews.live, we’re committed to delivering accurate, timely, and practical information on everything related to U.S. taxes, IRS updates, legal issues, accounting practices, and the broader financial landscape. Whether you’re a taxpayer, accountant, legal professional, or business owner, we’re here to help you stay informed and ahead of change.

Our Picks

Mark Zuckerberg threatened to leave California over proposed billionaire tax, Meta says

October 22, 2026

California billionaire tax could leave state with less revenue, Stanford study cautions

October 19, 2026

California’s proposed billionaire tax: How does it add up?

October 18, 2026

Subscribe to Updates

Please enable JavaScript in your browser to complete this form.
Loading
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 ustaxnews. Designed by ustaxnews.

Type above and press Enter to search. Press Esc to cancel.