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Highlands, NJ Apartment Buildings for Sale

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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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Based on your search, we've compiled 11 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 4 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.

Four-Family Residence with Detached Studio
Four-Family Residence with Detached Studio

132 Franklin Avenue, Long Branch, NJ 07740

$1,200,000
0.45 AC lot

For sale multifamily property featuring a detached cottage and a separate studio apartment above a detached garage.

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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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Five-Unit Residential Investment Property
Five-Unit Residential Investment Property

Rumson, NJ 07760

$3,150,000
3,328 sqft

Five residential units include four one-bed apartments plus a detached one-bedroom cottage with front and rear parking access.

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Rumson 5-Unit Residential Investment
Rumson 5-Unit Residential Investment

2 Shrewsbury Dr, Rumson, NJ 07760

$3,150,000
3,328 sqft

Well-maintained 5-unit property near beaches and nightlife.

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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.

Brooklyn Two-Family Home with Development Potential
Brooklyn Two-Family Home with Development Potential

69 Martense Street, Brooklyn, NY 11226

$1,888,888
2,660 sqft 0.10 AC lot

Two-family home on a large lot with significant development potential.

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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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

Value Estimation by Request
1,128 sqft 0.72 AC lot
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47-49 Bay Ave, Unit 49
APARTMENT HOUSE (UNDER 5 UNITS)

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

Unit 49
$725,000
Estimated value
4,484 sqft 0.12 AC lot
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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 start at $750,000, averaging $750,000, and reaching up to $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

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