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    Mixed-Use Property in Highlands
    Updated: Aug 22, 2025
    Mixed-Use Property in Highlands

    196 Bay Avenue, Highlands, Highlands, NJ 07732

    $750,000
    3,200 sqft 0.09 AC lot
    Prime location in the heart of Highlands, near the Sea Streak Ferry and Jersey Shore.
    Versatile mixed‑use property with retail/office/restaurant space on the first floor and a 4‑bedroom apartment on the second floor.
    Value‑add opportunity to increase income by dividing the existing apartment into two 2‑bedroom units.
    Newly re‑zoned district allows for adding another story with two additional 2‑bedroom apartments.
    Strong rental demand in Highlands, with 2‑bedroom units averaging $2,500+ per month.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Highlands, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Under-Construction Apartment Building
    Under-Construction Apartment Building

    979 Palmer Avenue, Holmdel, NJ 07733

    $26,500,000
    72,091 sqft 6.72 AC lot

    The property features forced-air heating, covered parking, and public water and sewer service.

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    Corner Multifamily Rental Package
    Corner Multifamily Rental Package

    34-36 2nd Avenue, Long Branch, NJ 07740

    $3,939,000
    2,243 sqft 0.22 AC lot

    Package deal with multiple rental units and two single-family homes on a corner site.

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    Apartment Building
    Apartment Building

    979 Palmer Avenue, Holmdel, NJ 07733

    $26,500,000

    Apartment property with public sewer service and 220-volt electrical capacity.

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    Multifamily Apartment Building
    Multifamily Apartment Building

    263-293 Liberty Street, Long Branch, NJ 07740

    Contact for pricing
    5.00 AC lot

    25-unit multifamily apartment building offered for sale with an indicated 6.5% cap rate.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Duplex
    Detached Two-Family Duplex

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family residence with two three-bedroom apartments, a separate-entry basement, and public water and sewer service.

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    Off-Market Properties in Highlands, NJ

    Consider similar Off-Market properties in Highlands, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    82 Vly Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    82 Vly Ave, Highlands, NJ 07732-1819

    $325,000
    Estimated value
    1,128 sqft 0.72 AC lot
    View details
    47-49 Bay Ave, Unit 49
    APARTMENT HOUSE (UNDER 5 UNITS)

    47-49 Bay Ave, Highlands, NJ 07732-1918

    Unit 49
    $320,000
    Estimated value
    4,484 sqft 0.12 AC lot
    View details

    Highlands, NJ Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in Highlands, NJ on our real estate platform. These investment opportunities span a total of 3,200 square feet of properties for sale, with an estimated market value of $750,000.

    Sale prices for two-family homes in Highlands, NJ average $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 4,686
    Population Growth (5Y) -3.1%
    Median Household Income $90,205
    College Educated 81.2%

    High-Yield Neighborhoods for Investment

    Identify Highlands submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07732 $750K

    Taxes & Financing

    Tax Rate (average for all types) 2.06%
    Property Tax per SF $6.64 per SF
    Tax Rate vs County Average 0.22 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monmouth County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Monmouth County

    Residential Income

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