Mixed-Use Property with Bay
For Sale
$1,350,000
3200 Long Beach Blvd, Long Beach Township, NJ 08008
Two-level building combines restaurant space with an upper-floor living area and substantial on-site parking.
Property Size2,960 SF
Lot Size0.34 Acres
Price / SF$456.08
Days on Market50
Property Features for 3200 Long Beach Blvd
General Information
Standard status
Active
Size
2,960 SF
Lot size
0.34 Acres
Building Details
Year Built
1970
Buildings
1
Stories
2
Listing Agency:
Century 21 Alliance - Ship Bottom
Listed By:
James D. Butler · License #8936735
(609) 351-3467
Source:
Kableteam
Added: Sep 7
Changed: Oct 26
Last Checked: Oct 7 at 2:31PM
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 Century 21 Alliance - Ship Bottom
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Investment Insights
Based on property information with market context.
Located at 3200 Long Beach Boulevard in Long Beach Township, this mixed-use property includes a two-level structure on a 150 x 100 lot. The lower level contains approximately 1600 sq. feet currently used as a restaurant, while the second floor provides approximately 1300 sq. feet of living space.
The property is in Brant Beach and is surrounded by Duck Cove Marina, with bay views from the site. A large parking lot serves the building and supports its existing restaurant use.
The property is in Brant Beach and is surrounded by Duck Cove Marina, with bay views from the site. A large parking lot serves the building and supports its existing restaurant use.
Key Highlights
- 150 x 100 lot in Brant Beach
- Approximately 1600 sq. feet on the lower level
- Approximately 1300 sq. feet of second‑floor living space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,267
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$905,340
$905.3K
Cap Rate 7%
$646,671
$646.7K
Cap Rate 9%
$502,967
$503.0K
Market Conditions
NOI Build-Up for 2,960 SF
Gross rent
$63.9K $21.60/SF
− Vacancy
−$3.6K −$1.21/SF
EGI
$60.4K $20.39/SF
− OpEx
−$15.1K −$5.10/SF
NOI
$45.3K $15.29/SF
Area
Ocean County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$905,340
Cap Rate 7%
$646,671
Cap Rate 9%
$502,967
Alternative Uses
Best Use
Specialty Retail
$646.7K
$565.8K – $754.5K
NOI $45,267 @ 7.0% cap · market cap 3.35%
Second Best
Mixed Use
$488.4K
$427.4K – $569.8K
NOI $34,188 @ 7.0% cap · market cap 2.53%
Theoretical Best
Office A
$772.9K
$676.3K – $901.7K
NOI $54,104 @ 7.0% cap · market cap 4.01%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Explore this area
Business Placement
Demographics for 08008, NJ
6,914
Population
16,979
Households
0.4
Avg Household Size
62
Median Age
64%
College-Educated
97%
High-School Grad
10.8 sq mi
ZIP Area
640
Density / Sq Mi
$116,544
Median Household Income
$60,752
Median Earnings
$1,664
Median Rent
$1,083,100
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level building combines restaurant space with an upper-floor living area and substantial on-site parking.
Where is this mixed-use property located?
The property is located at 3200 Long Beach Blvd Long Beach Township, NJ.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 150 x 100 lot in Brant Beach; Approximately 1600 sq. feet on the lower level; Approximately 1300 sq. feet of second‑floor living space
