Mixed-Use Property, Business Income
21 2nd Avenue Long Branch, NJ 07740
21 2nd Avenue, Long Branch, NJ, 07740
$999,999
For Sale
$999,999
COMMERCIAL - Long Branch, NJ
Property Size2,342 SF
Lot Size0.09 Acres
Price / SF$426.99
Days on Market55
Property Features for 21 2nd Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Parking Lot, On Street
- Exterior features
- Display Window
- Standard status
- Active
- APN
- 27-00287-0000-00004
- Size
- 2,342 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6375
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Flooring type
- Wood
- Building materials
- Shingle Siding, Stucco
- Roof type
- Shingle
Listing agency
Coldwell Banker Realty
(732) 462-4242
Listed by
Lucia Palmese
(732) 462-4242
Added: May 29 Updated: Jul 10 at 10:35PM Checked: Jul 22 at 6:06PM
MLS# 22615917
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property offers an investment opportunity with 5 bedrooms and 4 full bathrooms, suitable for residential and commercial use. Hardwood floors are present throughout the property. The expansive layout allows for two potential rental units, suitable for generating passive income. The first floor features a fully operational business space, ideal for entrepreneurs or leasing for additional revenue. Private parking is available in the back. The property is situated in Long Branch, NJ, and has a lot size of 0.09 acres. The property size is 2342 square feet. It is located in Monmouth County, New Jersey. This property delivers flexibility and financial opportunity, allowing one to live, work, and earn all under one roof.
Key Highlights
- Built in 1910 with shingle siding and stucco exterior materials
- Mixed‑use setup with a first‑floor, fully operational business space plus residential layout
- 5 bedrooms and 4 full bathrooms
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.3k | $30.00 |
| − Vacancy | −$4.8k | −$2.04 |
| EGI | $65.5k | $27.96 |
| − OpEx | −$29.5k | −$12.58 |
| NOI | $36.0k | $15.38 |
2,342 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$514.5K
$450.2K – $600.3K
NOI $36,015 @ 7.0% cap · market cap 3.60%
Second Best
Retail
$477.5K
$417.9K – $557.1K
NOI $33,428 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$611.5K
$535.1K – $713.5K
NOI $42,808 @ 7.0% cap · market cap 4.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Versatile property with residential and commercial income opportunities.
Where is this mixed-use property located?
The property is located at 21 2nd Avenue Long Branch, NJ.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Built in 1910 with shingle siding and stucco exterior materials; Mixed‑use setup with a first‑floor, fully operational business space plus residential layout; 5 bedrooms and 4 full bathrooms
