Financial
Distress signals
Property profile

655 Westwood Ave Long Branch, NJ 07740

FOR SALE
Residential income homes
Property ID
US59-0567426
5,146 SF 1.25 ac lot Built 1900
Last sale Mar 2021 · $915,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years.
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Property summary

AI-generated overview

655 Westwood Avenue in Long Branch, New Jersey is an existing multifamily property configured as an 8-family apartment building on an oversized 125 ft by 494 ft lot (approximately 1.3 acres). The site is improved with the multifamily structure and features a large land footprint that can support future development or redevelopment planning. The property is located in an established residential area near the beach and within reach of shopping and dining, Monmouth University, and major

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$14k
Tax billed · 2022
Assessed value · 2023$984k
Assessed land$613k
Assessed improvement$371k
Effective rate1.37%

Value estimate

· Sep 2026
$1.12M
$1.01M – $1.23M
AI approach$1.16M
CAP approach$1.33M
Submarket $/SF estimate$1.19M
NOI build-up
Gross scheduled income$154k
Vacancy & credit loss−$10k
Operating expenses−$65k
NOI · 1.84% cap applied$79k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$264/SF
County average, outlier-cleaned · 99 recorded sales of this use type
Observed band · Q1–Q3$220 – $300
Qualifying comparables11

Cap rate analysis

How does the asset earn?
1.84%
$79k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R-2
R-2 zoning for properties in the boundaries of the MUO District, but rather shall supplement those provisions of § 345-21 of the Code. D....
General categoryRESIDENTIAL
JurisdictionMONMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.0
Hair Salon11.9
Auto Parts Store11.4

Location

655 Westwood Ave Long Branch, NJ 07740
County assessor Recorded deeds · 2 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 15 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
55 Matilda, Long Branch, NJ 07740-8800 $1,850,000 Dec 2023 7,030 SF
247 Cedar, Long Branch, NJ 07740-5080 $3,150,000 Nov 2023 9,041 SF
168 Chelsea, Long Branch, NJ 07740-6784 $2,500,000 Jul 2022 5,310 SF
643 Westwood, Long Branch, NJ 07740-5082 $1,670,000 May 2022 7,077 SF
147 Franklin, Long Branch, NJ 07740-8217 $1,165,000 Mar 2022 7,963 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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