Long Branch Multifamily Investment
430 Broadway Long Branch, NJ 07740
For Sale
$699,000
Pending
MULTI_FAMILY - Long Branch, NJ
Property Size2,345 SF
Lot Size0.20 Acres
Days on Market234
Property Features for 430 Broadway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 3, Basement, Bedroom 4, Bedroom 1, Bedroom 2
- Basement
- Partially Finished, Walk-Out Access
- Standard status
- Pending
- APN
- 27-00237-0000-00044
- Size
- 2,345 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9444
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Multi Units
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 2
Listing Agency:
A Mancini Realty
(732) 222-7777
Listed By:
Roberto Muolo · License #0785995
(732) 222-7777
Added: Dec 1, 2025
Changed: Jul 16
Last Checked: Jul 23 at 8:06PM
MLS# 22535712
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 two-family property presents an investment opportunity in Long Branch, New Jersey. The property, situated on a 0.2-acre lot, offers potential as a rental or a multi-generational residence. The property size is 2345 square feet. It features a roomy yard and a porch.
Key Highlights
- Two‑family property built in 1910 with Multi Units cooling
- Public water and public sewer service
- Layout includes 5 bedrooms and 2 bathrooms
Financial Insights For Multifamily LT 5
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 | $59.9k | $25.56 |
| − Vacancy | −$3.9k | −$1.65 |
| EGI | $56.1k | $23.91 |
| − OpEx | −$16.8k | −$7.17 |
| NOI | $39.2k | $16.74 |
2,345 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$560.7K
$490.6K – $654.1K
NOI $39,246 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$515.2K
$450.8K – $601.0K
NOI $36,061 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$612.3K
$535.8K – $714.4K
NOI $42,863 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-family property in Long Branch, ideal for rental or multi-generational living.
Where is this duplex located?
The property is located at 430 Broadway Long Branch, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two‑family property built in 1910 with Multi Units cooling; Public water and public sewer service; Layout includes 5 bedrooms and 2 bathrooms