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Property profile & analytics
OFF-MARKET Estimated value $775,000
Commercial real estate

557-559 Broadway 559 Long Branch, NJ 07740-9615

4,032 SF 0.1 ac lot Built 1900
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-2060969
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Construction BRICK
Total area 4,032 SF
Lot 0.1 ac (4,300 SF)
Zoning code C-1
APN 27 00256-0000-00009
UPID US59-2060969
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
$715k
CAP Approach CAP
$835k
Comparable Approach Comparable
$896k
Blend (final) Blend
$775k
Owner & transaction history
557 559 Broadway LLC · 3 yrs held
557 559 Broadway LLC
since 2023
Last sale
$790,000
2 recorded transactions
2023
$790,000
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
Office building $995,000 +3.0%
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