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237 3rd Avenue Unit 1-4 Long Branch, NJ $ 1,550,000
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$ 1,550,000 Get more info
237 3rd Avenue Unit 1-4
$ 1,550,000
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Share Save

237 3rd Avenue Unit 1-4

Long Branch, NJ, 07740
$ 1,550,000
Bedrooms-- Baths-- Sq 3,121

Monthly Estimate*

$ 9,670

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Commercial Property for sale in Long Branch, NJ

for $1,550,000. This 3,121 square foot building was built in 1889 on a lot size of 0.52.

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!

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Commercial Active

Price

$ 1,550,000

Property Type

Commercial

Taxes

$ 10,709

Style

Lot Size

0.52

Year Built

1889

Town/City

Long Branch

County/Region

Monmouth

MLS | Web ID

22533914
Features
General
Sewer Public Sewer
Heating Steam Baseboard
Cooling Other
Roof Asphalt Sloping
Garage Spaces 0.0
Security Features Fire Alarm Fire Sprinkler System
Construction Materials Brick Stucco
Exclusions Owner and tenant personal property.
Year Built 1889
Electric 220 Volts Three Phase Single Phase 110 Volt
Stories Count 2
Unit Number 1-4
Property Subtype Commercial
Tax Year 2024
Gross Income 105000.0
Business Type Apartments Restaurant
Waterfront Features Other - See Remarks
Business Name Joy House
County Monmouth
Operating Expense 22290.0
Insurance Expense 5508.0
New Construction N
Property Type Commercial Sale
Association Amenities Storage
Energy Efficient Thermostat
Garage Y/N N
Status Active
Directions Between Pavilion Ave & Morris Ave.
City Long Branch
Zoning Description Multi-Family Mixed
MLS Area West End
Lot Size Square Feet 22651.2
Carport Y/N N
Tax Annual Amount 10709.0
Home Warranty Y/N N
Water Sewer Expense 2316.0
Lease Renewal Y/N N
MLS Area Minor Long Branch (LON)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 721900
Senior Community None
Cash True
Water Body Access Y/N None
Accessibility Features Y/N None
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Interior
Basement Full Slab Tenant Access
Flooring Tile Wood
Total Fireplaces 2010
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
Heating-Baseboard True
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Exterior
Exterior Amenities Lighting
Parking Features None
Lot Features Fenced/Enclosed Area Sidewalks
Water Source Public
Inclusions Signs Machinery Equipment/Furniture Business Name
Lot Size Area 0.52
Spa N
Building Area Total 3121.0
Lot Dimensions 20 X 100
Lot Size Acres 0.52
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 237
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* Excluded Features
List By
Jeffrey "Jeff" Lee

Listing Agent

Weichert Realtors

Broker

Bayonne

Office

Affordability Calculator

$10,562
Per Month
92%
8%
0%
Monthly Principal & Interest
$9,670
Monthly Property Taxes
$892
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
742343 Elementary School
742618 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/8/2025$1,550,000 Listed Price

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237 3rd Avenue Unit 1-4, Long Branch, NJ, 07740 is a Commercial Property for sale at $1,550,000 with 3,121 sqft and a lot size of 0.52. 237 3rd Avenue Unit 1-4 was built in 1889. The property's zip code is 07740 which is in Long Branch, NJ

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