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    192-194 Westwood Avenue, Long Branch, NJ 07740

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    New
    For Sale
    $1,400,000

    Mixed-use properties

    Type:Commercial
    Property size:
    4,808 SF
    Price / SF:
    $291/SF
    Added:
    Jun 22, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 26 at 1:54 am

    Property Features for 192-194 Westwood Avenue

    General Information

    Standard status
    Active
    Size
    4,808 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1900

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    ROBERTO MUOLO

    Listing office A MANCINI REALTY

    Listing date Jun 22, 2026

    Source Corcoran

    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 A MANCINI REALTY

    HighLights

    • Mixed‑use building built in 1900 with two storefronts and three living units
    • C‑3 zoning supports a variety of business uses such as retail, office, hair salon, gym, or restaurant, plus apartments
    • Located near Long Branch Train Station and Monmouth Medical Center
    • Property has sustained substantial fire damage and is being sold as‑is

    Local 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 $122.9k $25.56
    − Vacancy −$7.9k −$1.65
    EGI $115.0k $23.91
    − OpEx −$34.5k −$7.17
    NOI $80.5k $16.74
    4,808 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.15M
    $1.01M – $1.34M (±1% cap)
    NOI $80,468 @ 7.0% cap · market cap 5.75%
    Second Best
    Apartment 5plus
    $1.06M
    $924.2K – $1.23M (±1% cap)
    NOI $73,937 @ 7.0% cap · market cap 5.28%
    Theoretical Best
    Office A
    $1.26M
    $1.10M – $1.46M (±1% cap)
    NOI $87,883 @ 7.0% cap · market cap 6.28%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Long Branch
    County
    Monmouth
    State
    New Jersey
    Longitude
    -73.9890694
    Latitude
    40.2981536

    FAQs

    Where is this mixed-use property located?
    The property is located at 192-194 Westwood Avenue Long Branch, NJ.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Mixed‑use building built in 1900 with two storefronts and three living units; C‑3 zoning supports a variety of business uses such as retail, office, hair salon, gym, or restaurant, plus apartments; Located near Long Branch Train Station and Monmouth Medical Center
    More about this property
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