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(908) 208-2699
The Barba Group@Keller Williams West Monmouth
10 Monmouth Street, Red Bank, NJ 07701
- $1,100,000
- Sold Price
- $1,100,000
- List Price
- $1,100,000
- Status
- CLOSED
- Type
- Commercial
- MLS#
- 22513960
- Closing Date
- Jul 24, 2025
- Region
- Red Bank (RED)
- Year Built
- 2000
Property Description
Cash Cow Investment Opportunity - Prime Mixed-Use Property in the heart of Red Bank - Fully Rented - Annual cash flow of $105,432 with annual increases in place for the commercial unit! Tenants pay for all utilities. NOI of $87,533. Rare 8% Cap rate investment. Potential to add 3rd floor with additional apartments. Unlock exceptional income potential with this fully renovated mixed-use property, ideally located near downtown Red Bank and just minutes from the upcoming Netflix Studios. This versatile building features a ground-floor commercial space with strong visibility and foot traffic—perfect for a variety of business types. Upstairs, you'll find two beautifully renovated residential units (2024), including a spacious one-bedroom and a stylish studio—both offering modern finishes and move-in ready appeal. Located just blocks from Riverview Medical Center, Red Bank's vibrant restaurants, boutiques, and nightlife, this property is a magnet for both tenants and business patrons alike.
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Additional Information
- Acres
- 0.04
- Closing Date
- Jul 24, 2025
- Taxes
- $12,899
- Subtype
- Commercial
- Year Built
- 2000
- Parking Driveway
- On Street
- Stories
- 2
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Listing courtesy of C21 Thomson & Co.. Contact:
Selling Office: C21 Thomson & Co..