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Property profile & analytics
OFF-MARKET
Commercial real estate

688 Joline Ave Long Branch, NJ 07740

0.83 ac lot
Property ID
US59-2119428
Property summary
AI-generated overview

This exceptional 0.83-acre commercial land parcel, located at 688 Joline Avenue in Long Branch, New Jersey, presents a unique investment opportunity. Situated on a prime corner lot at a signalized intersection, this property boasts exceptional visibility and accessibility. The zoning is designated MB & R4, offering a range of potential development options. With a substantial lot size of 36,155 square feet, the property is ideally suited for a variety of commercial uses. The location benefits from strong demographics and high traffic volume, with a daily traffic count of 23,998 vehicles on Joline Avenue. Its proximity to Long Branch Beach (less than two miles) and the popular Monmouth Park Racetrack (which saw 465,244 attendees in 2023) further enhances its appeal. The area is also home to a variety of established national tenants, including 7-Eleven, Lukoil, Ace Hardware, BP, AutoZone, U-Haul, and Dunkin', indicating a thriving commercial environment. This property offers significant potential for investors seeking a high-traffic, strategically located site in a vibrant coastal community. The asking price is $1,500,000. The property's address is 688 Joline Ave, Long Branch, NJ 07740, within Monmouth County.

Property profile
Verified
Property type Commercial real estate
Lot 0.83 ac (36,155 SF)
UPID US59-2119428
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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