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Work starts on apartment building in Long Branch, New Jersey, close to shore

Beachfront and downtown unite
A new multifamily property will also add to the retail offerings on the ground level in Long Branch, New Jersey. (CoStar)
A new multifamily property will also add to the retail offerings on the ground level in Long Branch, New Jersey. (CoStar)
By Lauren Sutton
CoStar Research
March 26, 2026 | 7:58 P.M.

Downeaster Development and Tantum Real Estate have broken ground on The Elbie, a 78-unit mixed-use rental complex at 305 Broadway in Long Branch, New Jersey, that will introduce boutique-scale residences and neighborhood-serving retail to the city’s Lower Broadway Corridor.

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News | Work starts on apartment building in Long Branch, New Jersey, close to shore