Visible Storefront
For Sale
$999,999
410 4-10 3rd Ave, Long Branch, NJ 07740
Located along a heavily trafficked corridor near the beach, Pier Village, restaurants, retail, and new residential development.
Property Size3,406 SF
Price / SF$293.60
Days on Market34
Property Features for 410 4-10 3rd Ave
General Information
Standard status
Active
Size
3,406 SF
Building Details
Year Built
1890
Listing Agency:
O'Brien Realty, LLC
Listed By:
Kerrin O'Brien
(732) 229-3532
Source:
Goldstandardrealty
Added: Aug 6
Changed: Sep 8
Last Checked: Sep 7 at 10:51AM
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
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.
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$52,087
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,041,740
$1.0M
Cap Rate 7%
$744,100
$744.1K
Cap Rate 9%
$578,744
$578.7K
Market Conditions
NOI Build-Up for 3,406 SF
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.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $52,087 @ 7.0% cap · market cap 5.21%
Second Best
Retail
$694.5K
$607.7K – $810.3K
NOI $48,615 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$889.4K
$778.2K – $1.04M
NOI $62,256 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Stop & Shop Florist — 150 West End Ct, Long Branch, NJ 07740
- Besos dulces flowers & gifts — 192 Belmont Ave a1, Long Branch, NJ 07740
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
