10 Monmouth Street, Red Bank, NJ 07701
- 2,360 sqft
Commercial Property
Built in 2000
1,742sqft lot
—— car garage
$466/sqft
Listed 2 months ago
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.
- Listing Status:
- Pending
- Date Added:
- May 13, 2025 at 05:00AM
- Listing Office:
- C21 Thomson & Co. : 732-945-7035
- Listing Agent:
- Kyle Golden : 732-945-7035
- MLS ID:
- 22513960
This listing courtesy of Kyle Golden, C21 Thomson & Co.
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Red Bank Middle School
101 Harding Rd, Red Bank, NJ, 07701
Grades 4-8
0.33 miles away
Red Bank Middle School
101 Harding Rd, Red Bank, NJ, 07701
Grades 4-8
0.33 miles away