Leased Office
New
For Sale
$1,199,000
1019 Broadway, West Long Branch, NJ 07764
Commercial Sale, West Long Branch, NJ
Property Size3,675 SF
Lot Size0.44 Acres
Price / SF$326.26
Days on Market2
Property Features for 1019 Broadway
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
Office, Professional
Rooms
Basement
Parking
20
Parking features
Open, Guest, Parking Lot
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
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: Oct 17
Last Checked: Oct 18 at 4:06AM
MLS# 22631983
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.
This 3,675-square-foot office property at 1019 Broadway is fully leased under a recently signed five-year agreement. Built in 1992, the building occupies a 0.44-acre parcel and includes a basement. Stone and cedar shake are among its construction materials, with vinyl flooring, forced-air heat, and central air conditioning. Public water and sewer serve the property.
The building has an accessible approach with a ramp, along with lighting and an open parking lot that includes guest parking. Located in West Long Branch, the property offers a leased office asset with a defined term in place.
The building has an accessible approach with a ramp, along with lighting and an open parking lot that includes guest parking. Located in West Long Branch, the property offers a leased office asset with a defined term in place.
Key Highlights
- Fully leased under a recently signed five‑year lease
- 3,675‑square‑foot office building on a 0.44‑acre parcel
- Built in 1992; includes a basement
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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Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - A recently signed five-year lease covers the occupied commercial property.
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 $1,199,000.
What are key features of this property?
This property features: Fully leased under a recently signed five‑year lease; 3,675‑square‑foot office building on a 0.44‑acre parcel; Built in 1992; includes a basement
