Building Details

Year Built 1890

Listing Agency: O'Brien Realty, LLC

Listed By: Kerrin O'Brien Show Phone

Source: Goldstandardrealty

Added: Aug 6 Changed: Oct 16 Last Checked: Oct 16 at 1:52PM

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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 O'Brien Realty, LLC

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Investment Insights

Based on property information with market context.

This storefront property occupies a commercial position on Third Avenue in Long Branch, with exposure along a heavily trafficked corridor. Its setting places the property near the beach and Pier Village, while the surrounding commercial mix includes restaurants, retail businesses, and new residential projects.

The property benefits from access to the Long Branch train station and major roadways, supporting connectivity for local residents and seasonal shore traffic. Nearby redevelopment and a blend of year-round and seasonal activity contribute to an active coastal commercial setting. The address is 410 4-10 3rd Ave, Long Branch, NJ 07740.

Key Highlights

• Storefront property at 410 4‑10 3rd Ave, Long Branch, NJ 07740
• Positioned along a heavily trafficked commercial corridor
• Near the beach and Pier Village

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$52,087

Cap Rate

5.21%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,041,740 $1.0M

Cap Rate 7%

$744,100 $744.1K

Cap Rate 9%

$578,744 $578.7K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,406 SF

Gross rent

$73.6K $21.60/SF

− Vacancy

−$4.1K −$1.21/SF

EGI

$69.4K $20.39/SF

− OpEx

−$17.4K −$5.10/SF

NOI

$52.1K $15.29/SF

Area

Monmouth 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%

$1,041,740

Cap Rate 7%

$744,100

Cap Rate 9%

$578,744

Alternative Uses

Best Use

Specialty Retail

$744.1K

$651.1K – $868.1K (±1% cap)

NOI $52,087 @ 7.0% cap · market cap 5.21%

Second Best

Retail

$694.5K

$607.7K – $810.3K (±1% cap)

NOI $48,615 @ 7.0% cap · market cap 4.86%

Theoretical Best

Office A

$889.4K

$778.2K – $1.04M (±1% cap)

NOI $62,256 @ 7.0% cap · market cap 6.23%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Storage Facility Nursing Home Catering Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,132

Businesses Nearby

6k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 100%

Dunkin' Donuts Dining

6,067 visits/mo 0.3 miles

Demographics for 07740, NJ

31,905

Population

15,208

Households

2.1

Avg Household Size

38

Median Age

35%

College-Educated

84%

High-School Grad

5.3 sq mi

ZIP Area

6,020

Density / Sq Mi

$73,806

Median Household Income

$38,614

Median Earnings

$1,744

Median Rent

$521,900

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Storefront property - Located along a heavily trafficked corridor near the beach, Pier Village, restaurants, retail, and new residential development.

Where is this storefront property located?

The property is located at 410 4-10 3rd Ave Long Branch, NJ.

What is the asking price?

The asking price for this property is $999,999.

What are key features of this property?

This property features: Storefront property at 410 4‑10 3rd Ave, Long Branch, NJ 07740; Positioned along a heavily trafficked commercial corridor; Near the beach and Pier Village