10 Pearl Street Long Branch, NJ 07740

$1,900,000
10 Pearl Street, Long Branch, NJ 07740

Commercial Property for sale in Long Branch, NJ

for $1,900,000. This 50,000 square foot building was built in 1907 on a lot size of 1.31 Acre(s).

Property Information

  • $1,900,000
  • Commercial
  • 50,000 Square Feet
  • Warehouse
  • Active
  • Lot size of 1.31 Acre(s)
  • Built in 1907
  • Unit 30
  • Long Branch, NJ
  • Long Branch City Neighborhood
  • Monmouth County
  • MLS/Web ID is 21641701

Description

IDEAL FOR INVESTOR. PERFECT FOR LIGHT INDUSTRIAL, ASSEMBLY, STORAGE, WAREHOUSE, OFFICES, ZONED WAREHOUSE/RETAIL. Fully leased. See Documents for 2016 Cap Rate 8.634%. LOCATED IN 3% URBAN ENTERPRISE ZONE.

Interior 8

Basement

  • Slab Basement

Cooling System

  • Central Air

Flooring

  • Wood Floors

Heating Source

  • Gas/Electric
  • Hot Water Heater
  • Natural Gas

Heating System

  • Forced Air
  • Hot Water Heater: Electric

Sewer

  • Public Sewer

Utilities

  • Electric: Single Phase
  • Electric: Three Phase
  • Gas Available

Water Source

  • Public Water

Exterior 4

Community Amenities

  • Common Area

Foundation

  • Concrete

Lot Description

  • Corner
  • Irregular Lot

Parking

  • 21-40 Parking Spaces
  • Garages
  • Off Street Parking

Miscellaneous 2

Location

  • Business District
  • Near Public Transportation
  • Residential District

Possession

  • Negotiable

† Excluded Feature

Listed By

Listing Agent: Robert "Bob" P. Levenson
Broker: Weichert Realtors
Office: Rumson
Phone: (732) 241-9645

10 Pearl Street, Long Branch, NJ, 07740 is a Commercial Property for sale at $1,900,000 with 50,000 sqft and a lot size of 1.31 Acre(s). 10 Pearl Street was built in 1907. The property's zip code is 07740 which is in Long Branch, NJ

Market Pricing

Average % of sale price Median % of sale price
All listings in Long Branch $756,907 60 % below $425,000 78 % below
Commerical listings in Long Branch $686,319 64 % below $449,500 76 % below
Sold listings in Long Branch $257,400 86 % below $0 100 % below

Get the facts about Long Branch, NJ!

Population 30,681
Population Growth (since 2000) -2 %
Median Income $50,814
Median Age 35.84
Households w/ Children 26 %

Residential Dwellings

  • Owned 5047
  • Vacant 2159
  • Rented 6772

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