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704 Broadway, Barnegat Light, NJ, 08006

0beds
1baths
1,408sqft
$2,700,000
$1,918price/sqft
$17,626/moest. monthly cost
$705,040/yrincome needed

About This Home

Prime location in the heart of Barnegat Light! 21,000+ sq ft lot suitable for new homes, new commercial or a multitude of other uses. Close to ocean and bay, a stone's throw to the Lighthouse and nestled deep in this charming village, the property presents unlimited opportunity and value for the investor. Use this property for new residential or commercial construction, or retain the existing iconic structure for restaurant or other use! Potential for subdivision of up to 4 buildable residential lots- buyer to complete own due diligence.

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1955

Materials

  • Foundation: Crawl Space
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,408

Heating & Cooling

  • Heating features: None
  • Cooling features: Wall Unit(s),Electric

Interior Area

  • Total structure area: 1,408
  • Total interior livable area: 1,408 sqft

Property

Accessibility

  • Accessibility features: Accessible Approach with Ramp

Details

  • Parcel number: 020001400004
  • Zoning: G-B
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Waterfront features: Bayside,Bay

Lot

  • Lot size: 0.48 Acres
  • Lot size dimensions: 218.00 x 125.00 x IRR

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Strong Wind
    Strong WindVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hurricane
    HurricaneModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Strong Wind
Inland Flooding
Winter Weather
Hurricane
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $13,652$163,824
Home Insurance *$586$7,032
Property Taxes $3,195$38,340
Electricity $193$2,318
Total$17,626$211,512
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$604,320/yr
40% on housing$528,780/yr
45% on housing$470,026/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.2%
7.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,918This listing

vs Other Active Listings

Avg $/sqft

ZIP 08006$1,214
Ocean County$353

vs Homes Sold Last Month

Median $/sqft

ZIP 08006$769
Ocean County$302

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-18Price change$2,700,000
2025-08-12Price change$2,900,000
2025-05-20Price change$3,050,000
2025-05-14Listed for sale$3,250,000
2025-05-06Listing removed$3,250,000
2024-12-02Listed for sale$3,250,000
2024-08-14Listing removed$3,500,000
2024-06-05Price change$3,500,000
2023-10-20Listed for sale$3,650,000

For Sale by Agent

AgentDorothy Brady
BrokerageOceanside Realty - HC

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