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940 Broadway, West Long Branch, NJ 07764
New Listing
$999,000
Property Type:
Multi-Family
Bedrooms:
6
Baths:
3
Square Footage:
2,329
Lot Size (sq. ft.):
14,375
Status:
Active
Current Price:
$999,000
List Date:
2/04/2026
Last Modified:
2/04/2026
Description
Income-producing three-family property in a desirable West Long Branch location. The building features three residential units plus garage income, offering immediate cash flow with clear upside potential. Currently occupied and functional, the property presents an opportunity for improvements over time to increase value and returns. Strong rental demand driven by proximity to Monmouth University, major highways, shopping, and the Jersey Shore. Ideal for investors seeking a value-add multifamily asset in a town with limited supply.
More Information MLS# 22603104
Contract Info
List Price/SqFt: 428.94
Status: Active
List Date: 2026-02-04
List Price: $999,000
Current Price: $999,000
Property Sub-Type: Three Family
Location
Area/Section: None
Middle School: Frank Antonides
House Number: 940
Street Name: Broadway
County: Monmouth
Municipality: West Long Branch (WLB)
Postal City: West Long Branch
State: NJ
Zip Code: 07764
Complex/Subdivision: None
Directions: 940 Broadway Ave, Long Branch in GPS
General Property Info
# Units in Bldg: 3
Waterfront: No
# Levels: 2
Waterview: No
Lot Dimensions: 104 x 142
Basement: Yes
Garage: Yes
# Acres: 0.33
# Car Garage: 2
# Parking Spaces: 5
Pool: No
Bedrooms: 6
Full Baths: 3
Total Baths: 3
Apx SqFt: 2329
Apx Year Built: 1924
Tax and Legal
Asmnt - Total: 816700
Deed Restricted: No
Special Assessment: No
Taxes: 10339
Tax Year: 2025
Remarks & Misc
Excluded: Tenant's personal belongings.
Unit 1
# Bedrooms: 4
# Full Baths: 1
Rent: 2495
Unit 2
# Bedrooms: 1
# Full Baths: 1
Rent: 1225
Unit 3
# Full Baths: 1
Rent: 1600
Income & Expenses
Electric Expense: 298
Gas Expense: 2200
Water/Sewer Expense: 7600
Other Expense Amt 1: 360
Other Expense Desc 1: Landscaping
Zoning
Multi-Family: 1
Residential: 1
Showing
Showing Time: 1
Lot Description
Corner Lot: 1
Level: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Floors
Wood: 1
Basement
Crawl Space: 1
Partial: 1
Cooling
Central Air: 1
Other: 1
Water Heater
Natural Gas: 1
Heating
Natural Gas: 1
Parking
Off Street: 1
Paved: 1
Assessment Status
Assessed: 1
Roof
Shingle: 1
Property Features
Basement: Crawl Space; Partial
Floors: Wood
Cooling: Central Air; Other
Heating: Natural Gas
Water Heater: Natural Gas
Roof: Shingle
Parking: Off Street; Paved
Zoning: Multi-Family; Residential
Lot Description: Corner Lot; Level
Assessment Status: Assessed
Showing: Showing Time
Listing Office:
Weichert Realtors
Listing Agent:
Michael Mizrahi
Last Updated: February - 04 - 2026
Broker Attribution:
732-539-8801
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.