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About This Home

This 0-bedroom, 0-bathroom commercial at 380 Division Street in Long Branch, NJ is listed for $3,950,000 ($419 per sqft). the home offers 9,436 sqft of living space on a 0.34 acres lot.

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 l

ife-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

Key Features

  • 0.34 acre lot
  • 2 stories
  • 8 parking spaces

Property Details

2 stories
8 spaces

Amenities

A/C

Monthly Cost Estimate

$21,125/mo

20% down · 6.5% · 30 years

Principal$2,857
Interest$17,117
Insurance$1,152

Estimates only. Actual payments may vary.

Location

380 Division Street

Long Branch, NJ 07740

Property Details

Construction

Brick Concrete

Parking

Parking Lot

Cooling

Electric

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 380 Division Street is listed at $3,950,000 ($419/sqft). The estimated monthly payment is $17,117 based on 20% down at 6.5% interest.

Key features include: 0.34 acre lot, 2 stories, 8 parking spaces.

This property is listed by Charlotte Toomey and can be reached at 8662016210 or trinitypropertiesnj@gmail.com.

CT

Charlotte Toomey

Agent at EXP Realty

(866) 201-6210

Listed by EXP Realty

MLS# 22602341· Source: listhub· Updated 74 days ago

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

380 Division Street, Long Branch, NJ 07740

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