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688 State Route 36 (Joline Avenue)
Long Branch, NJ 07740
Long Branch Gateway Mixed Use Project · Land For Sale
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0.83 AC
Investment Highlights
- Across the street from Monmouth Park Racetrack - Less than 2 miles from Fort Monmouth - future site of a major Movie Production Studio.
Executive Summary
"Joline Gateway" is situated on a major highway (NJ State Route 36) with an intersecting crossroad (Myrtle Avenue).
Directly across the highway is the historic Monmouth Park Racetrack, which is one of the flagship venues for New Jersey's newly acquired Sports Betting.
Later in 2025 Monmouth Park is going to embark on an 80 acre project that will transform the Park into a massive multiuse resort that will include a 298-unit residential building, 200-key hotel, youth sports community center, entertainment/music venues (7,500 seat Amphitheater) and experiential retail components. (Must copy and paste links below in browser address bar):
https://www.roi-nj.com/2024/08/29/real_estate/80-acres-surrounding-monmouth-park-racetrack-to-be-developed-into-massive-multiuse-resort/
https://www.google.com/search?q=monmouth+park+80+acre+project+new+construction&rlz=1C1PRFI_enUS1151US1155&oq=mon&gs_lcrp=EgZjaHJvbWUqBggCECMYJzIGCAAQRRg5MgYIARAjGCcyBggCECMYJzIQCAMQLhiDARixAxiABBiKBTIKCAQQABixAxiABDIQCAUQLhivARjHARiABBiOBTIHCAYQLhiABDIQCAcQABiDARixAxiABBiKBTITCAgQLhiDARjHARixAxjRAxiABDIHCAkQABiPAtIBCTYxMjNqMGoxNagCCLACAfEFfnN9rk8AOczxBX5zfa5PADnM&sourceid=chrome&ie=UTF-8#fpstate=ive&vld=cid:982a302b,vid:qBd6MipGPoY,st:0
Site is less then two miles from the beautiful Atlantic Ocean, Monmouth Mall and Fort Monmouth (future site of Netflix major Movie Production Studio Project), and three miles from the Garden State Parkway and Route 18.
Properties straddle 2 zones, R4 and MB / recently approved for Mixed Use Development (now expired).
Realtors are asked to contact owner ONLY if they have existing clients that are interested in lot.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 0.83 AC |
| Zoning | R4 and Man. Business - Straddles 2 zones - Manufacture Business & R4 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.83 AC |
| Zoning | R4 and Man. Business - Straddles 2 zones - Manufacture Business & R4 |
1 Lot Available
Lot 4,5,6 &9
| Price | $1,750,000 | Lot Size | 0.83 AC |
| Price Per AC | $2,108,433.73 |
| Price | $1,750,000 |
| Price Per AC | $2,108,433.73 |
| Lot Size | 0.83 AC |
Located on a major highway, this property is the gateway into the revitalized Jersey Shore city of Long Branch. It is two miles from beach and Monmouth Mall, and Fort Monmouth, three miles from the Garden State Parkway. Terms are negotiable.
Description
"Joline Gateway" is situated on a major highway (NJ State Route 36) with an intersecting crossroad (Myrtle Avenue). Directly across the highway is the historic Monmouth Park Racetrack, which is one of the flagship venues for New Jersey's newly acquired Sports Betting. Later in 2025 Monmouth Park is going to embark on an 80 acre project that will transform the Park into a massive multiuse resort that will include a 298-unit residential building, 200-key hotel, youth sports community center, entertainment/music venues (7,500 seat Amphitheater) and experiential retail components. (Must copy and paste link below in browser address bar): https://www.roi-nj.com/2024/08/29/real_estate/80-acres-surrounding-monmouth-park-racetrack-to-be-developed-into-massive-multiuse-resort/ Additionally, the site is less than 2 miles from Fort Monmouth, the location of a major up and coming Netflix Movie Production Studio. Properties straddle 2 zones, R4 and MB / recently approved for Mixed Use Development (now expired). Realtors are asked to contact owner ONLY if they have existing clients that are interested in lot.
Property Taxes
| Parcel Number | 27-00342-0000-00005 | Improvements Assessment | $118,100 |
| Land Assessment | $186,000 | Total Assessment | $304,100 |
Property Taxes
