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353 Broadway, Long Branch, NJ, 07740
Former Firehouse Building with High Ceilings

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
Listed By: Chris Katz · License #0681073
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).

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 (±1% cap)
NOI $53,856 @ 7.0% cap · market cap 4.31%
Second Best
Specialty Retail
$769.0K
$672.9K – $897.2K (±1% cap)
NOI $53,831 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$919.1K
$804.3K – $1.07M (±1% cap)
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

Suggested Use

Real Estate Agency Daycare Center (Bike/Boat/Book/etc) Store Nursing Home Acupuncture Catering Service Pet Store Pet Store & Service Veterinary Clinic Pet Grooming Service

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

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
More about this property
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