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Property profile & analytics
FOR SALE
Commercial real estate

11 Norwood Ave Long Branch, NJ 07740

5,685 SF 1647 ac lot Built 1944
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-3112501
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1944
Construction CONCRETE BLOCKS
Total area 5,685 SF
Lot 1647 ac (71,743,320 SF)
Zoning code C-1
APN 27 00173-0000-00011
UPID US59-3112501
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.03M
CAP Approach CAP
$1.18M
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$1.10M
Owner & transaction history
Two Flamingos LLC · 3 yrs held
Two Flamingos LLC
since 2023
Last sale
$1.1M
7 recorded transactions
2025
Price N/A
2023
$1.1M
2018
Price N/A
2005
$835,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-1 · Long Branch, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

C-1 Central Commercial District. [Amended 6-22-1993 by Ord. No. 19-93 ] A. Permitted uses. Permitted uses shall be as follows: (1) Retail trade stores, as follows: (a) New or previously unused general merchandise. [Amended 2-14-1995 by Ord. No. 8-95 ] (b) Food. (c) New automobile showrooms of authorized automobile dealerships, and new and used car lots only…

Zone name Central Commercial
General category COMMERCIAL
Zone area 27.62 ac
Top alternative use upside
Apartment house (5+ units) $1.5M +10.4%
Office building $1.4M +3.0%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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