10 Monmouth Street, Red Bank, NJ 07701 (MLS# 22513960)
$1,100,000
Red Bank, NJ 07701
MLS# 22513960
Status: Closed
2360 sqft

1 / 68
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
Details
Maps
Contract Info
Status: Closed
List Date: 2025-05-13
Property Sub-Type: Commercial
Sale: Yes
Lease: No
Sold Price: $1,100,000
Current Price: $1,100,000
List Price/SqFt: 466.1
Location
House Number: 10
Street Name: Monmouth
Street Suffix: Street
County: Monmouth
Municipality: Red Bank (RED)
Postal City: Red Bank
State: NJ
Zip Code: 07701
Area/Section: None
Directions: GPS
General Property Info
Handicap Access: Yes
# Levels: 2
Apx SqFt: 2360
Apx Year Built: 2000
Garage: No
Acreage: 0.04
Lot Dimensions: 20 x 79
Tax and Legal
Asmnt - Total: 652800
Deed Restricted: No
Special Assessment: No
Taxes: 12899
Tax Year: 2024
Status Change Info
Contingent Date: 2025-06-26
Under Contract Date: 2025-06-26
Sold Date: 2025-07-24
Sold Price: $1,100,000
Property Features
Use: Apartments; Pizza
Cooling: Central Air
Heating: Natural Gas
Water Heater: Natural Gas
Water: Public Water
Sewer: Public Sewer
Gas: On Site
Electric: Other - See Remarks
Parking: On Street
Assessment Status: Assessed
Financing: Cash
Supplements
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 Office: C21 Thomson & Co.
Listing Agent: Kyle Golden
Last Updated: July - 24 - 2025

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

