237 3rd Avenue 1-4, Long Branch, NJ 07740

$1,550,000

Property Type: Commercial Square Footage: 3,121 Lot Size (sq. ft.): 22,651 Status: Active

Current Price: $1,550,000 List Date: 11/08/2025 Last Modified: 11/10/2025

Overview

Description

Exceptional location and value! Gross income $105,000, net operating income $84,419! This fully occupied mixed-use asset is ideally located directly across the street from the Long Branch Station with direct commuting options to NYC and convenient access to the shore and downtown areas. Just 0.4 miles from the Resort-Type Long Branch Beach and Boardwalk, and major retail, offering many new and recent nearby developments for maximum high visibility and foot traffic. Rarely does a property like this become available in such a strong, demand-driven market! Contact today for the full investment package, ROI breakdown. Don't run, sprint, as opportunities like this don't last!

Listing Details MLS# 22533914

Contract Info

Property Sub-Type: Commercial
Sale: Yes
Lease: No
List Price/SqFt: 496.64
New Construction: No

Location

House Number: 237
Street Name: 3rd
Street Suffix: Avenue
Unit/Suite #: 1-4
County: Monmouth
Municipality: Long Branch (LON)
Postal City: Long Branch
State: NJ
Zip Code: 07740
Area/Section: West End
Directions: Between Pavilion Ave & Morris Ave.
Near Busstop: Yes
Near Rrtrans: Yes
Strip Mall: Yes

General Property Info

# Levels: 2
Apx SqFt: 3121
Apx Year Built: 1889
Garage: No
Acreage: 0.52
Lot Dimensions: 20 X 100
Business Name: Joy House
Business Operating: Yes
Year Established: 2010
Franchise: No
Lease Expiration Date: 2001-10-01
# Car Garage: 0

Tax and Legal

Asmnt - Total: 721900
Taxes: 10709
Tax Year: 2024

Remarks & Misc

Excluded: Owner and tenant personal property.

Income & Expenses

# Rental Units: 4
Financials Per: Year
Gross Income: 105000
Net Operating Income: 82710
Gas: 3757
Insurance: 5508
RE Taxes: 10709
Total Expenses: 22290
Water/Sewer: 2316

More Information

Use

Apartments: Yes
Restaurant: Yes

Interior

Fire Alarm: Yes
Fire Sprinkler System: Yes

Zoning

Mixed: Yes
Multi-Family: Yes

Lot Description

Fenced/Enclosed Area: Yes
Sidewalks: Yes

Water Type

Other - See Remarks: Yes

Floors

Tile: Yes
Wood: Yes

Electric

110 Volt: Yes
220 Volts: Yes
Single Phase: Yes
Three Phase: Yes
Other - See Remarks: Yes

Basement

Full: Yes
Slab: Yes
Tenant Access: Yes

Gas

At Street: Yes

Seat Capacity

25 or Less: Yes

Cooling

Other: Yes

Water Heater

Natural Gas: Yes

Heating

Baseboard: Yes
Natural Gas: Yes
Steam: Yes

Water

Public Water: Yes

Sewer

Public Sewer: Yes

Exterior

Lighting: Yes
Sign: Yes

Common Elements

Storage: Yes

Parking

None: Yes

Assessment Status

Assessed: Yes

Financing

Cash: Yes

Construction/Siding

Brick: Yes
Stucco: Yes

Roof

Asphalt: Yes
Sloped: Yes

Material

Brick: Yes

Sale Includes

Business Name: Yes
Equipment/Furniture: Yes
Machinery: Yes
Signs: Yes

Landlord Pays

Garbage Removal: Yes
Gas: Yes
Heat: Yes
Hot Water: Yes
Insurance: Yes
Sewer: Yes
Taxes: Yes
Water: Yes

Documents Available

Lease: Yes

Energy Features

Program Thermostat: Yes
Thermostat: Yes
Windows: Energy Star Rated: Yes

Property Features

Location: Near Busstop; Near Rrtrans; Strip Mall; Near Busstop; Near Rrtrans; Strip Mall Use: Apartments; Restaurant Interior: Fire Alarm; Fire Sprinkler System Floors: Tile; Wood Basement: Full; Slab; Tenant Access Seat Capacity: 25 or Less Cooling: Other Heating: Baseboard; Natural Gas; Steam Water Heater: Natural Gas Water: Public Water Sewer: Public Sewer Gas: At Street Electric: 110 Volt; 220 Volts; Single Phase; Three Phase; Other - See Remarks Exterior: Lighting; Sign Parking: None Roof: Asphalt; Sloped Material: Brick Sale Includes: Business Name; Equipment/Furniture; Machinery; Signs Zoning: Mixed; Multi-Family Lot Description: Fenced/Enclosed Area; Sidewalks Water Type: Other - See Remarks Common Elements: Storage Landlord Pays: Garbage Removal; Gas; Heat; Hot Water; Insurance; Sewer; Taxes; Water Assessment Status: Assessed Documents Available: Lease Financing: Cash Energy Features: Program Thermostat; Thermostat; Windows: Energy Star Rated

Listing Office: Weichert Realtors

Listing Agent: Jeffrey Lee

Last Updated: November - 10 - 2025

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.