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Three-Unit Storefront Building
For Sale
$2,999,000

11-23 Norwood Avenue, Long Branch, NJ 07740

A fully occupied commercial property with three tenant spaces and retail, mixed-use zoning.

Property Size5,685 SF
Price / SF$527.53
Days on Market207

Property Features for 11-23 Norwood Avenue

General Information

Standard status Active
Size 5,685 SF
Property subtype Commercial
Zoning Retail, Mixed, Multi-Use
Occupancy 100%

Taxes and HOA fees

Annual Taxes $13,921

Building Details

Building Size 5,685 SF
Year Built 1944
Stories 1
Tenancy Multi
Listing Agency: RE/MAX Synergy
Listed By: Tiffany A Tomaini · License #1325479
Source: Cammarotarealestate
Added: Apr 1 Changed: Oct 22 Last Checked: Oct 22 at 2:35PM

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

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Investment Insights

Based on property information with market context.

The 5,685-square-foot storefront building contains three units, all occupied. Constructed in 1944, the property is designated for retail, mixed, and multi-use zoning.

The building is at 11-23 Norwood Avenue in Long Branch, New Jersey.

Key Highlights

  • Three units, all occupied
  • 5,685‑square‑foot commercial building
  • Retail, mixed, and multi‑use zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

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 - A fully occupied commercial property with three tenant spaces and retail, mixed-use zoning.
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: Three units, all occupied; 5,685‑square‑foot commercial building; Retail, mixed, and multi‑use zoning
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