Former Firehouse Building with High
353 Broadway Long Branch, NJ 07740
New
For Sale
$1,250,000
COMMERCIAL - Long Branch, NJ
Property Size3,520 SF
Lot Size0.07 Acres
Price / SF$355.11
Days on Market2
Property Features for 353 Broadway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- APN
- 27-00267-0000-00049
- Size
- 3,520 SF
- Lot size
- 0.07 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 2
Listing Agency:
Douglas Elliman of NJ LLC
(732) 387-3807
Listed By:
Chris Katz · License #0681073
(732) 387-3807
Added: Jul 23
Changed: Jul 24
Last Checked: Jul 24 at 7:06PM
MLS# 22622677
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This former firehouse at 353 Broadway, Long Branch, NJ 07740 offers an open interior layout and high ceilings, along with a distinctive architectural presence. The property is listed as 3,520 square feet on a 0.07-acre lot.
The listing describes the building as located in Long Branch’s Broadway corridor, surrounded by ongoing residential and mixed-use redevelopment, and notes proximity to Pier Village, the beach, NJ Transit, Monmouth University, and major highways.
The space is presented as adaptable for multiple concepts, including retail, restaurant, office, medical, fitness, creative workspace, brewery, or mixed-use (subject to approvals).
The listing describes the building as located in Long Branch’s Broadway corridor, surrounded by ongoing residential and mixed-use redevelopment, and notes proximity to Pier Village, the beach, NJ Transit, Monmouth University, and major highways.
The space is presented as adaptable for multiple concepts, including retail, restaurant, office, medical, fitness, creative workspace, brewery, or mixed-use (subject to approvals).
Key Highlights
- Former firehouse with 1910 year built
- Open interior space with high ceilings
- Distinctive architectural presence
Financial Insights For Specialty Retail
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 | $76.0k | $21.60 |
| − Vacancy | −$4.3k | −$1.21 |
| EGI | $71.8k | $20.39 |
| − OpEx | −$17.9k | −$5.10 |
| NOI | $53.8k | $15.29 |
3,520 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$769.4K
$673.2K – $897.6K
NOI $53,856 @ 7.0% cap · market cap 4.31%
Second Best
Specialty Retail
$769.0K
$672.9K – $897.2K
NOI $53,831 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$919.1K
$804.3K – $1.07M
NOI $64,340 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Former firehouse on Broadway with open interior space and high ceilings, offered for sale.
Where is this retail space located?
The property is located at 353 Broadway Long Branch, NJ.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Former firehouse with 1910 year built; Open interior space with high ceilings; Distinctive architectural presence