Property
Long Branch, NJ 07740 237 3rd Avenue Unit 1-4
$1,550,000
9 more
Presented By: Jeffrey Lee, Weichert Realtors
SQFT • 3,121
SQFT • 3,121Home Details
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!
Presented By: Jeffrey Lee, Weichert Realtors
Interior Features for 237 3rd Avenue Unit 1-4
Bathrooms
Total Baths
Other Interior Features
SeatingCapacity25
Air Conditioning Y/NYes
BasementFull, Slab, Tenant Access
FlooringTile, Wood
Heating Y/NYes
Heating-BaseboardTrue
Total Fireplaces2010
General for 237 3rd Avenue Unit 1-4
Accessibility Features Y/NNone
Additional Parcels Y/NNo
Association AmenitiesStorage
Business NameJoy House
Business TypeApartments, Restaurant
Carport Y/NNo
CashTrue
CityLong Branch
Construction MaterialsBrick, Stucco
CoolingOther
CountyMonmouth
DirectionsBetween Pavilion Ave & Morris Ave.
Electric220 Volts, Three Phase, Single Phase, 110 Volt
Energy EfficientThermostat
ExclusionsOwner and tenant personal property.
Garage Spaces0.0
Garage Y/NNo
Gross Income105000.0
HeatingSteam, Baseboard
Heating_co_SteamTrue
Home Warranty Y/NNo
Insurance Expense5508.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet22651.2
MLS AreaWest End
MLS Area MinorLong Branch (LON)
MobileHomeRemainsYNNo
New ConstructionNo
Operating Expense22290.0
OwnerPaysHot Water, Water, Taxes, Sewer, Insurance, Heat, Gas, Garbage Removal
Property SubtypeCommercial
Property TypeCommercial Sale
Rent Control Y/NNo
RoofAsphalt, Sloping
Security FeaturesFire Alarm, Fire Sprinkler System
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount10709.0
Tax Assessed Value721900
Tax Year2024
Unit Number1-4
Utilities@Core.PermissionsNone
Water Body Access Y/NNone
Water Sewer Expense2316.0
Waterfront FeaturesOther - See Remarks
Year Built1889
Zoning DescriptionMulti-Family, Mixed
Exterior for 237 3rd Avenue Unit 1-4
Building Area Total3121.0
Crops Included Y/NNo
Exterior AmenitiesLighting
Horse Y/NNo
InclusionsSigns, Machinery, Equipment/Furniture, Business Name
Irrigation Water Rights Y/NNo
Lot Dimensions20 X 100
Lot FeaturesFenced/Enclosed Area, Sidewalks
Lot Size Acres0.52
Lot Size Area0.52
Parking FeaturesNone
SpaNo
Water SourcePublic
Additional Details
Price History
Brian Lee
Associate