Two-Family Residential
For Sale
$699,000
Pending
430 Broadway, Long Branch, NJ 07740
MULTI_FAMILY - Long Branch, NJ
Property Size2,345 SF
Lot Size0.20 Acres
Days on Market270
Property Features for 430 Broadway
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 5
Basement
Walk-Out Access, Partially Finished
Middle school
Long Branch
High school
Long Branch
Directions
East on Broadway between Morris Ave and Dudley St
Standard status
Pending
APN
27-00237-0000-00044
Size
2,345 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9444
Utilities
Sewer type
Public Sewer
Cooling system
Multi Units
Water source
Public
Amenities
porch
yard
Building Details
Year built
1910
Floors in Building
2
Number of units
2
Listing Agency:
A Mancini Realty
(732) 222-7777
Listed By:
Roberto Muolo · License #0785995
(732) 222-7777
Added: Dec 1, 2025
Changed: Aug 7
Last Checked: Aug 28 at 7:06PM
MLS# 22535712
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 two-family residential duplex offers a practical layout with five bedrooms, two bathrooms, and a basement. The property sits on a 0.2-acre lot and was built in 1910, providing a straightforward option for long-term rental or multi-generational living.
The duplex is located at 430 Broadway in Long Branch, NJ 07740 (Monmouth County). Utilities include public water and public sewer, supporting everyday residential operation. Cooling is listed as “Multi Units,” aligning with a configuration designed to serve more than one household.
With a total property size of 2,345 square feet, this duplex can appeal to buyers looking for a two-family ownership structure within a single asset.
The duplex is located at 430 Broadway in Long Branch, NJ 07740 (Monmouth County). Utilities include public water and public sewer, supporting everyday residential operation. Cooling is listed as “Multi Units,” aligning with a configuration designed to serve more than one household.
With a total property size of 2,345 square feet, this duplex can appeal to buyers looking for a two-family ownership structure within a single asset.
Key Highlights
- 430 Broadway, Long Branch, NJ 07740
- Two‑family duplex built in 1910
- 2,345 SF property size
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
$39,246
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
5.61%
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%
$784,920
$784.9K
Cap Rate 7%
$560,657
$560.7K
Cap Rate 9%
$436,067
$436.1K
Market Conditions
NOI Build-Up for 2,345 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
$59.9K $25.56/SF
− Vacancy
−$3.9K −$1.65/SF
EGI
$56.1K $23.91/SF
− OpEx
−$16.8K −$7.17/SF
NOI
$39.2K $16.74/SF
Area
Monmouth County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
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%
$784,920
Cap Rate 7%
$560,657
Cap Rate 9%
$436,067
Alternative Uses
Best Use
Multifamily LT 5
$560.7K
$490.6K – $654.1K
NOI $39,246 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$515.2K
$450.8K – $601.0K
NOI $36,061 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$612.3K
$535.8K – $714.4K
NOI $42,863 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,621
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family duplex on a 0.2-acre lot with five bedrooms, two bathrooms, a basement, and public water and sewer.
Where is this duplex located?
The property is located at 430 Broadway Long Branch, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 430 Broadway, Long Branch, NJ 07740; Two‑family duplex built in 1910; 2,345 SF property size
