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Property profile & analytics
OFF-MARKET Estimated value $1,700,000
Banks

600 Broadway Long Branch, NJ 07740-5412

9,330 SF 0.28 ac lot Built 1952
Entity Owned 2-yr Hold Free & Clear
Property ID
US59-1889047
Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1952
Total area 9,330 SF
Lot 0.28 ac (12,014 SF)
Zoning code C-1
APN 27 00239-0000-00018
UPID US59-1889047
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
$1.70M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.70M
Owner & transaction history
City Of Long Branch · 2 yrs held
City Of Long Branch
since 2024
Last sale
$1.7M
1 recorded transaction
2024
$1.7M
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 $1.8M +63.3%
Auto repair, garage $1.4M +25.0%
Apartment house (5+ units) $1.2M +9.5%
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