192-194 Westwood Avenue Long Branch, NJ 07740
192-194 Westwood Avenue, Long Branch, NJ, 07740
$1,400,000
For Sale
$1,400,000
Mixed-use properties
Property Size4,808 SF
Price / SF$291.18
Days on Market31
Property Features for 192-194 Westwood Avenue
General Information
- Standard status
- Active
- Size
- 4,808 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1900
Listing agency
A MANCINI REALTY
(732) 222-7777
Listed by
ROBERTO MUOLO · License #0785995
Source
Corcoran
Added: Jun 22 Updated: Jul 10 at 4:02PM Checked: Jul 22 at 8:53AM
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
Investment Insights
Based on property information with market context.
Key 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
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
NOI $80,468 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$1.06M
$924.2K – $1.23M
NOI $73,937 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$1.26M
$1.10M – $1.46M
NOI $87,883 @ 7.0% cap · market cap 6.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
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
