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Turnkey Investment in Long Branch
For Sale
$2,999,000

11-23 Norwood Avenue, Long Branch, NJ 07740

Fully leased commercial building in a high-traffic area.

Property Size5,685 SF
Price / SF$527.53
Days on Market156

Property Features for 11-23 Norwood Avenue

General Information

Standard status Active
Size 5,685 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $13,921

Amenities

Central air
Central Air Cooling
Concrete Flooring
Flat Roof
Forced Air Heating
Off Site
Off Street
On Site
On Street

Building Details

Year Built 1944
Listing Agency: RE/MAX SYNERGY
Listed By: TIFFANY A TOMAINI · License #1325479
Source: Corcoran
Added: Apr 2 Changed: Sep 2 Last Checked: Sep 1 at 8:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX SYNERGY

Investment Insights

Based on property information with market context.

This is a fully leased, income-producing commercial building located in a high-traffic C-1 zone in Long Branch. The property features three fully occupied units, providing immediate cash flow. Situated in a corridor with shops and restaurants, the location benefits from strong foot and vehicle traffic. The property size is 5685 square feet.

Key Highlights

  • Fully leased commercial building providing immediate, reliable cash flow.
  • Prime location in Long Branch's thriving, high‑traffic C‑1 commercial district.
  • Three fully occupied units ensuring consistent income.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Catering Service (Bike/Boat/Book/etc) Store Storage Facility Daycare Center Veterinary Clinic Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,274
Businesses Nearby
6k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
Dunkin' Donuts Dining
6,067 visits/mo 0.3 miles

Demographics for 07740, NJ

31,905
Population
15,208
Households
2.1
Avg Household Size
38
Median Age
35%
College-Educated
84%
High-School Grad
5.3 sq mi
ZIP Area
6,020
Density / Sq Mi
$73,806
Median Household Income
$38,614
Median Earnings
$1,744
Median Rent
$521,900
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Besos dulces flowers & gifts 192 Belmont Ave a1, Long Branch, NJ 07740
  • Rosita`s Flower Shop 210 Broadway, Long Branch, NJ 07740

Frequently Asked Questions

What type of property is this?
Storefront property - Fully leased commercial building in a high-traffic area.
Where is this storefront property located?
The property is located at 11-23 Norwood Avenue Long Branch, NJ.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: Fully leased commercial building providing immediate, reliable cash flow.; Prime location in Long Branch's thriving, high‑traffic C‑1 commercial district.; Three fully occupied units ensuring consistent income.
More about this property
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