Leased Office
For Sale
$1,200,000
1019 Broadway, West Long Branch, NJ 07764
Commercial Sale, West Long Branch, NJ
Property Size3,675 SF
Lot Size0.44 Acres
Price / SF$326.53
Days on Market184
Property Features for 1019 Broadway
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Office, Professional
Rooms
Basement
Parking
20
Parking features
Parking Lot, Open, Guest
Security features
Security System
Window features
Insulated Windows
Interior features
Handicapped
Exterior features
Lighting
Basement
Full
Accessibility
Accessible Approach with Ramp
Lot features
Level, Landscaped, Corner Lot
Directions
Route 36 to Broadway
Standard status
Active
APN
53-00113-0000-00031
Size
3,675 SF
Lot size
0.44 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11905
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1992
Floors in Building
2
Flooring type
Vinyl
Building materials
Stone, Cedar Shake
Roof type
Shingle
Listing Agency:
RE/MAX Synergy
(732) 795-9500
Listed By:
Glenda J D'Ambrisi · License #1111785
(732) 870-1212
Added: Apr 16
Changed: Oct 2
Last Checked: Oct 16 at 9:06PM
MLS# 22610396
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.
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Investment Insights
Based on property information with market context.
Located at 1019 Broadway in West Long Branch, New Jersey, this 3,675-square-foot office building was constructed in 1992 and is fully leased under a newly executed 5-year lease. The property includes a basement, vinyl flooring, forced-air heat, central air conditioning, and a shingle roof. Stone and cedar shake exterior materials provide the building’s primary exterior finish.
The site encompasses 0.44 acres and includes an open parking lot with guest parking. Public water and public sewer serve the property. Accessibility features include an approach ramp and handicapped accommodations, while exterior lighting supports the site improvements.
The site encompasses 0.44 acres and includes an open parking lot with guest parking. Public water and public sewer serve the property. Accessibility features include an approach ramp and handicapped accommodations, while exterior lighting supports the site improvements.
Key Highlights
- Fully leased office building at 1019 Broadway, West Long Branch, NJ 07764
- Newly executed 5‑year lease in place
- 3,675 square feet on a 0.44‑acre site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,228
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,124,560
$1.1M
Cap Rate 7%
$803,257
$803.3K
Cap Rate 9%
$624,756
$624.8K
Market Conditions
NOI Build-Up for 3,675 SF
Gross rent
$110.3K $30.00/SF
− Vacancy
−$35.3K −$9.60/SF
EGI
$75.0K $20.40/SF
− OpEx
−$18.7K −$5.10/SF
NOI
$56.2K $15.30/SF
Area
Monmouth County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,124,560
Cap Rate 7%
$803,257
Cap Rate 9%
$624,756
Alternative Uses
Best Use
Office B
$803.3K
$702.9K – $937.1K
NOI $56,228 @ 7.0% cap · market cap 4.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$959.6K
$839.7K – $1.12M
NOI $67,173 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
Explore this area
Business Placement
Demographics for 07764, NJ
8,587
Population
3,030
Households
2.8
Avg Household Size
31
Median Age
46%
College-Educated
92%
High-School Grad
2.9 sq mi
ZIP Area
2,961
Density / Sq Mi
$123,661
Median Household Income
$48,446
Median Earnings
$1,936
Median Rent
$631,300
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Fully leased office property with a newly executed five-year lease and accessible entry improvements.
Where is this office building located?
The property is located at 1019 Broadway West Long Branch, NJ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Fully leased office building at 1019 Broadway, West Long Branch, NJ 07764; Newly executed 5‑year lease in place; 3,675 square feet on a 0.44‑acre site
