Red Bank, NJ 07701,10 Monmouth Street
Red Bank, NJ 07701,10 Monmouth Street
Red Bank, NJ 07701,10 Monmouth Street
68
$1,100,000
$1,100,000
Est.Price: ?

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2,360 SqFt

10 Monmouth Street Red Bank, NJ 07701

Est. payment /mo
SOLD DATE : 07/24/2025

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Key Details

Sold Price $1,100,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 2,360 sqft

Price per Sqft $466

Municipality Red Bank (RED)

MLS Listing ID 22513960

Sold Date 07/24/25

Year Built 2000

Annual Tax Amount $12,899

Tax Year 2024

Lot Size 1,742 Sqft

Acres 0.04

Lot Dimensions 20 x 79

Property Sub-Type Commercial

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

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.

Location

State NJ

County Monmouth

Area None

Direction GPS

Interior

Cooling Central Air

Exterior

Parking Features On Street

Private Pool No

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 39-00031-0000-00019

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Monmouth Ocean MLS (MOMLS)
Listed by C21 Thomson & Co.
Bought with C21 Thomson & Co.

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agent

Jaynie Carlucci

Agent | License ID: 1974183

+1(908) 873-7306

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