Date
Details
Price
Change
Source
1/26/2026
Listed
$3,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/16
$3,450,000 Just Listed
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Property 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 incoming owner. With a 7.49% cap rate, 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 expenses
Full Property Details
Full Property Details for 380 Division St
General
- Price: $3,450,000
- Taxes: $23,508 (2025)
- Status: Active
- Type: Apartment
- Source: Monmouth
- MLS ID: 22602341
- Updated: 1/26/2026
- Added to Site: 4 day(s) ago
Business
- Business Type: Apartments
Rental Information
- Complex Features: Common Area
Additional Information
- Shared Amenities: Laundry, Common Area
Parking
- Total Spaces: 8
- Parking Features: On-Site Parking, Parking Lot
Location
- Area: Long Branch (LON)
- Municipality: Long Branch (LON)
- County: Monmouth
- Location Details: Near Bus Stop, Near Railroad
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
Utilities
- Gas: On Site
- Dist. to Gas: On Site
- Sewer: Public Sewer
- Water: Public
Structural Information
- Exterior Const.: Brick, Concrete
- Roof: Shingle
- Square Feet: 9,436
- Current Bldg. Use: Apartments
- Year Built: 1966
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 14,810.4
- Lot Dimensions: 100 x 150
- Lot Features: Corner Lot
Financial Considerations
- Price Per Sq. Ft.: $365.62
- Assessment Amount: $1,567,200
- Tax Amount: $23,508
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: Blueprints, Building Plan, Lease, Site Plan
- Property ID: 27-00190-0000-00007
- Section: None
Listed by EXP Realty, Charlotte Toomey
We Value Your Privacy
We Value Your Privacy
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Listing agent
— 380 Division St —
Charlotte Toomey
EXP Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 380 Division St
School District:Long Branch City School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 380 Division St
Tax History
Tax History for 380 Division St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$35,540
104%
$1,567,200
9%
2022
$17,442
100%
$1,432,300
47%
2021
100%
$972,800
10%
2021
100%
$882,800
1%
2019
-100%
$871,800
-1%
2016
$17,740
1%
$877,800
12%
2015
$17,531
4%
$787,200
-1%
2014
$16,881
3%
$798,900
—
2013
$16,322
—
$798,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 380 Division St
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- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 3Total Baths
- 2,492Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 3,268Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 5Beds
- 4Total Baths
- 3,679Sq. Ft.
- Single Family
- Active
- Updated 16 hours ago
- 5Beds
- 3Total Baths
- 3,517Sq. Ft.
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
- 2,450Sq. Ft.
- Condo
- Active
- Updated 4 days ago
- 2Beds
- 2Total Baths
- 1,626Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 5Total Baths
- 4,400Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 2,130Sq. Ft.
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380 Division Street, Long Branch, NJ 07740 (MLS# 22602341) is a Apartment property. 380 Division Street is currently listed for $3,450,000 and was received on January 26, 2026. Want to learn more about 380 Division Street? Do you have questions about finding other Apartment real estate for sale in Long Branch? You can browse all Long Branch real estate or contact a Coldwell Banker agent to request more information.