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Listed price in listed location currency (USD).
$3,950,000

008

MLS® 22602341

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $23,508
Days Active 79
Lot Size 
Approx. Age 
MLS® Number 22602341

Property Address: 380 Division St, Long Branch, NJ, 07740-6056

Average square foot calculated using Size range provided by listing agent.

Description

380 Division Street represents a compelling 1031 exchange replacement opportunity for investors seeking immediate, stable income, minimal management burden, and long-term appreciation in a coastal New Jersey market. Converted from a convent in 2023, this fully occupied 14-unit apartment building features modern interiors, upgraded systems, strong life-safety infrastructure, and institutional-grade security-significantly reducing capital expenditure risk for the new owner. With a low annual operating expenses, and a one-bedroom-heavy unit mix, this asset is ideally suited for buyers under 1031 timelines who require a turnkey, stabilized property with durable cash flow. Newer conversion (2023) Fully occupied with in-place rents Low operating exp
MLS® Number22602341
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementSlab
DrivewayOn Site, Parking Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 26, 2026List Date
$3,950,000List Price

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