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    565-569 Joline Ave Long Branch, NJ 07740

    Sponsored
    For Sale
    $1,999,999

    Prime NJ land, established business, cannabis zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity in Long Branch, NJ, presents two properties totaling 0.172 acres at 565-569 Joline Avenue. The site boasts high visibility on a main thoroughfare, just a mile from the beach. Included is TFF Landscaping Inc., a well-established business with 48 years of operation and a proven track record of success in Monmouth County, including two "Best in County" awards. All business equipment and vehicles will be fully paid off at closing, ensuring a smooth transition. The property is zoned for Cannabis Business classes 1-6, offering significant potential for expansion into the burgeoning cannabis industry. The location's proximity to the beach and other attractions guarantees high traffic and visibility, making it ideal for a variety of commercial ventures. The existing landscaping business provides immediate cash flow, while the cannabis zoning presents a unique opportunity for future growth and diversification. This is a rare chance to acquire a turnkey business with significant upside potential in a prime location. The property features a two-story building constructed in 1910. Potential exists for subdividing one of the properties. Please conduct your own due diligence.

    Property Features for 565-569 Joline Ave

    General Information

    Property type
    Land

    Building Details

    Year Built
    1910
    Stories
    2

    HighLights

    • Prime Long Branch, NJ investment opportunity: Two properties totaling 0.172 acres at 565‑569 Joline Avenue.
    • High‑visibility location on a main thoroughfare, one mile from the beach.
    • Includes established landscaping business (48 years in operation), with all equipment and vehicles paid off at closing.
    • Zoned for Cannabis Business classes 1‑6.
    • Two‑story building (1910 construction); potential for subdivision.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Long Branch
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0033139
    Latitude
    40.3066053

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    FAQs

    What type of property is this?
    Land - Prime NJ land, established business, cannabis zoning.
    Where is this land located?
    The property is located at 565-569 Joline Ave Long Branch, NJ.
    What is the asking price?
    The asking price for this property is $1,999,999.
    What are key features of this property?
    This property features: Prime Long Branch, NJ investment opportunity: Two properties totaling 0.172 acres at 565-569 Joline Avenue.; High-visibility location on a main thoroughfare, one mile from the beach.; Includes established landscaping business (48 years in operation), with all equipment and vehicles paid off at closing.
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    Long Branch, NJ 07740
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    565-569 Joline Ave Long Branch, NJ 07740
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