940 Broadway, West Long Branch, NJ 07764 (MLS# 22603104)

940 Broadway, West Long Branch, NJ 07764

$899,000

Property Type: Multi-Family Bedrooms: 6 Baths: 3 Square Footage: 2,329 Lot Size (sq. ft.): 14,375 Status: Active

Current Price: $899,000 List Date: 2/04/2026 Last Modified: 4/17/2026

Overview

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.

Listing Details MLS# 22603104

Contract Info

List Price/SqFt: 386
Property Sub-Type: Three Family

Location

House Number: 940
Street Name: Broadway
County: Monmouth
Municipality: West Long Branch (WLB)
Postal City: West Long Branch
State: NJ
Zip Code: 07764
Area/Section: None
Complex/Subdivision: None
Middle School: Frank Antonides
Directions: 940 Broadway Ave, Long Branch in GPS

General Property Info

# Units in Bldg: 3
Full Baths: 3
Total Baths: 3
# Levels: 2
Apx SqFt: 2329
Apx Year Built: 1924
# Acres: 0.33
Lot Dimensions: 104 x 142
# Parking Spaces: 5
Garage: Yes
# Car Garage: 2
Pool: No
Waterfront: No
Waterview: No
Basement: Yes

Tax and Legal

Asmnt - Total: 816700
Deed Restricted: No
Special Assessment: No
Taxes: 10339
Tax Year: 2025

Unit 1

# Bedrooms: 4
# Full Baths: Yes
Rent: 2495

Unit 2

# Bedrooms: Yes
# Full Baths: Yes
Rent: 1225

More Information

Unit 3

# Full Baths: Yes
Rent: 1600

Remarks & Misc

Excluded: Tenant's personal belongings.

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: Yes
Residential: Yes

Showing

Showing Time: Yes

Lot Description

Corner Lot: Yes
Level: Yes

Water/Sewer

Public Sewer: Yes
Public Water: Yes

Floors

Wood: Yes

Basement

Crawl Space: Yes
Partial: Yes

Cooling

Central Air: Yes
Other: Yes

Water Heater

Natural Gas: Yes

Heating

Natural Gas: Yes

Parking

Off Street: Yes
Paved: Yes

Assessment Status

Assessed: Yes

Roof

Shingle: Yes

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: April - 17 - 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.