401 Liberty StLong Branch, NJ 07740

Property Details for 401 Liberty St

Year built

1973

Lot size

0.34 AC

Property size (Sq ft)

1,680 SF

Zone code

RC-2

Property type

Other commercial real estate

APN

27 00379-0000-00001- 01

APU

270037900000000101

Description

This exceptional mixed-use property, located at 401 Liberty St, Long Branch, NJ 07740, presents a compelling investment opportunity. The 1,680 square foot building sits on a sizable 17,886 square foot lot and boasts approximately 180 feet of desirable river frontage. Currently operating under a single-tenant, Net-Net-Net (NNN) lease, the property offers a remaining lease term of 4.1 years, expiring December 31, 2028, with a commencement date of January 1, 2024. The asking price is $949,000, translating to a price per square foot of $564.88. The property is a single-story building zoned RC-2 Riverfront Residential Commercial, allowing for a wide range of permitted uses within the C-3 Neighborhood Commercial District. This versatile zoning provides significant potential for future development or adaptation to various business needs. The property's prime riverfront location and substantial lot size offer considerable upside potential. Serious inquiries are encouraged.

• Alternative Use

  Use

  Valuation

  Residential

  $355,415

  Hospitality

  $325,559

  Educational

  $270,861

  Medical

  $280,176

  Retail

  $421,339

Location Insight

City

Long Branch

County

Monmouth

State

New Jersey

Latitude

40.3156

Longitude

-73.993

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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