364 Westwood Avenue 12 UNITS, Long Branch, NJ 07740
$2,750,000
Property Type:
Commercial
Status:
Closed
Current Price:
$2,750,000
List Date:
1/21/2025
Last Modified:
6/13/2025
Overview
Description
Incredible investment opportunity! This 12-unit portfolio is located in the highly desirable Westwood Village community in the heart of Long Branch. All units are clean and some updated, rented, and generating strong income with stable leases and high rent rolls. Offering a fantastic cap rate, this deal is perfect for investors looking to expand their portfolio.Walking distance to all shopping, train and major transportation. Don't miss out on this rare opportunity!
Listing Details MLS# 22501813
Contract Info
- Property Sub-Type
- Multi Family
- Sale
- Yes
- Lease
- No
Location
- House Number
- 364
- Street Name
- Westwood
- Street Suffix
- Avenue
- Unit/Suite #
- 12 UNITS
- County
- Monmouth
- Municipality
- Long Branch (LON)
- Postal City
- Long Branch
- State
- NJ
- Zip Code
- 07740
- Area/Section
- None
- Complex/Subdivision
- Westwood Vlge
- Directions
- USE GPS TO 364 WESTWOOD AND UNIT 79
General Property Info
- # Levels
- Yes
- Garage
- No
- # Parking Spaces
- 12
- # Car Garage
- 0
Status Change Info
- Contingent Date
- 2025-02-20
- Under Contract Date
- 2025-02-26
- Sold Date
- 2025-06-12
Tax and Legal
- Asmnt - Total
- 0
Income & Expenses
- # Rental Units
- 12
- Financials Per
- Year
- Gross Income
- 349500
- Monthly Maint Fee
- 5826
- RE Taxes
- 38142
More Information
Use
- Apartments
- Yes
Zoning
- Residential
- Yes
Electric
- Other - See Remarks
- Yes
Gas
- On Site
- Yes
Cooling
- Window Unit(s)
- Yes
Water Heater
- Natural Gas
- Yes
Heating
- Baseboard
- Yes
Water
- Public Water
- Yes
Sewer
- Public Sewer
- Yes
Parking
- Assigned
- Yes
- Reserved
- Yes
Assessment Status
- Assessed
- Yes
Financing
- Cash
- Yes
Documents Available
- Lease
- Yes
Property Features
Use:
Apartments
Cooling:
Window Unit(s)
Heating:
Baseboard
Water Heater:
Natural Gas
Water:
Public Water
Sewer:
Public Sewer
Gas:
On Site
Electric:
Other - See Remarks
Parking:
Assigned; Reserved
Zoning:
Residential
Assessment Status:
Assessed
Documents Available:
Lease
Financing:
Cash
Listing Office:
EXP Realty
Listing Agent:
Aleksandr Pritsker
Last Updated: June - 13 - 2025
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