10 Monmouth Street
$1,100,000
10 Monmouth Street, Red Bank, NJ 07701
0.04 sqft
Lot Area
2000
Year Built
Details:
Highlights:
- Garage Description: No Garage
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
Gallery
