Comptroveby RentSpire

Portfolio

157 Garrett Drive, Long Branch, NJ, 07740

Market rate 173 units (unit count basis: listing-reported) FEMA/NRI hazard read: Relatively Moderate

Asking & effective rent by bedroom

Average asking rent across observed units: $1,265. Average effective rent: $1,265.

TypeAsking rentEffective rentAvg sqftObservations
Studio$1,265$1,265not observed13

HUD Fair Market Rent gap

HUD area: Monmouth-Ocean, NJ HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

No nearby comparables with rent data were found within 3 miles.

Sources & provenance

Sourced from https://www.pennrose.com/portfolio/john-lewis-commons-i-ii-iii/ — 13 observation(s), last observed Jul 28, 2026.

Data age: 20 days. Last observed: Jul 28, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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