237 3rd Avenue, 1-4, Long Branch, NJ 07740
New Listing
$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:
11/08/2025
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!
More Information MLS# 22533914
Contract Info
Sale: Yes
Lease: No
List Price/SqFt: 496.64
New Construction: No
Status: Active
List Date: 2025-11-08
Property Sub-Type: Commercial
List Price: $1,550,000
Current Price: $1,550,000
Location
Unit/Suite #: 1-4
Area/Section: West End
Near Busstop: 1
Near Rrtrans: 1
Strip Mall: 1
House Number: 237
Street Name: 3rd
Street Suffix: Avenue
County: Monmouth
Municipality: Long Branch (LON)
Postal City: Long Branch
State: NJ
Zip Code: 07740
Directions: Between Pavilion Ave & Morris Ave.
General Property Info
# Levels: 2
Acreage: 0.52
Lot Dimensions: 20 X 100
Garage: No
# Car Garage: 0
Business Name: Joy House
Business Operating: Yes
Year Established: 2010
Franchise: No
Lease Expiration Date: 2001-10-01
Apx SqFt: 3121
Apx Year Built: 1996
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
Use
Apartments: 1
Restaurant: 1
Interior
Fire Alarm: 1
Fire Sprinkler System: 1
Zoning
Mixed: 1
Multi-Family: 1
Lot Description
Fenced/Enclosed Area: 1
Sidewalks: 1
Water Type
Other - See Remarks: 1
Floors
Tile: 1
Wood: 1
Electric
110 Volt: 1
220 Volts: 1
Single Phase: 1
Three Phase: 1
Other - See Remarks: 1
Basement
Full: 1
Slab: 1
Tenant Access: 1
Gas
At Street: 1
Seat Capacity
25 or Less: 1
Cooling
Other: 1
Water Heater
Natural Gas: 1
Heating
Baseboard: 1
Natural Gas: 1
Steam: 1
Water
Public Water: 1
Sewer
Public Sewer: 1
Exterior
Lighting: 1
Sign: 1
Common Elements
Storage: 1
Parking
None: 1
Assessment Status
Assessed: 1
Financing
Cash: 1
Construction/Siding
Brick: 1
Stucco: 1
Roof
Asphalt: 1
Sloped: 1
Material
Brick: 1
Sale Includes
Business Name: 1
Equipment/Furniture: 1
Machinery: 1
Signs: 1
Landlord Pays
Garbage Removal: 1
Gas: 1
Heat: 1
Hot Water: 1
Insurance: 1
Sewer: 1
Taxes: 1
Water: 1
Documents Available
Lease: 1
Energy Features
Program Thermostat: 1
Thermostat: 1
Windows: Energy Star Rated: 1
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 - 08 - 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.