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    Highlands, NJ

    Highlands, NJ Commercial Real Estate for Sale

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    Turnkey Restaurant Business
    Updated: Jul 5
    Turnkey Restaurant Business

    231 Bay Avenue #Front, Highlands, NJ 07732

    $200,000
    1,523 sqft
    Turnkey, fully equipped restaurant business with a full kitchen
    Approx. 3,000 SF restaurant space with full kitchen
    Rent is $3,090 per month plus NNN
    Lease expires in 2030 with one 5‑year renewal option
    Year built: 1992
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    This listing looks promising.

    Here's a quick look at some key insights for

    231 Bay Avenue #Front, Highlands, NJ 07732

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    • Est. Cap Rate

      7.3%
      Above avg (5.9%)

    • Est. NOI

      $15K
      Annual

    • Price @ 7% Cap

      $209K
      Above asking

    • Last Sold

      Feb 2016
      $325K
    View Property Analytics
    Updated Mixed-Use Building
    Updated: Mar 1
    Updated Mixed-Use Building

    205 Bay Avenue, Highlands, NJ 07732

    $850,000
    1,600 sqft
    1,600 SF mixed‑use building with two levels and a basement
    Renovated interior with wood flooring, central air, and forced‑air heating
    Street‑level storefront with display windows and lighting
    Upper floor offers flexible professional or residential space
    Constructed in 1923 with stucco exterior and flat roof
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    Equipped Restaurant Business
    Equipped Restaurant Business

    231 Bay Avenue, Highlands, NJ 07732

    $90,000
    1,523 sqft 0.17 AC lot

    Operating concept includes a full kitchen, accessible approach, and public water and sewer service.

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    Updated Mixed-Use Building
    Updated Mixed-Use Building

    205 Bay Avenue, Highlands, NJ 07732

    $850,000
    1,600 sqft

    Street-level retail space pairs with flexible upper-floor professional or residential use.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Highlands Mixed-Use Redevelopment Opportunity
    Highlands Mixed-Use Redevelopment Opportunity

    205 Bay Avenue, Highlands, NJ 07732

    $850,000
    1,600 sqft

    Storefront with living space in Highlands redevelopment zone.

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    Mixed-Use Property in Highlands, NJ
    Mixed-Use Property in Highlands, NJ

    111 Bay Avenue, Highlands, NJ 07732

    $799,000

    Mixed-use property with commercial space and residential unit in Highlands.

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    Updated Mixed-Use Building in Highlands
    Updated Mixed-Use Building in Highlands

    205 Bay Avenue, Highlands, NJ 07732

    $850,000
    1,600 sqft

    Updated mixed-use building in vibrant downtown Highlands.

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    Mixed-Use Property in Highlands
    Mixed-Use Property in Highlands

    196 Bay Avenue, Highlands, Highlands, NJ 07732

    $750,000
    3,200 sqft 0.09 AC lot

    Versatile property with retail space and residential income potential.

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    Turnkey Restaurant with Full Kitchen
    Turnkey Restaurant with Full Kitchen

    231 Bay Avenue Front, Highlands, NJ 07732

    $90,000

    Turnkey restaurant space in Highlands with a full kitchen and a lease that expires in 2030.

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    Freestanding BYO Restaurant Building
    Freestanding BYO Restaurant Building

    122 Bay Avenue, Highlands, NJ 07732

    Contact for pricing

    One-story freestanding restaurant with indoor seating for 58 plus seasonal sidewalk and fenced backyard dining.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 10 Active listings in Highlands, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Four-Bay Auto Shop
    Four-Bay Auto Shop

    119 Memorial Parkway, Atlantic Highlands, NJ 07716

    $1,200,000
    0.42 AC lot

    Service property with mixed-use possibilities, a fenced rear yard, and public utilities.

    View details
    Red Bank Modern Office Space
    Red Bank Modern Office Space

    130 Maple Avenue #WB--4, Red Bank, NJ 07701

    $104,900
    290 sqft

    Updated office unit in Red Bank's 'Courts' community.

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    Two-Room Office Suite with Skylight
    Two-Room Office Suite with Skylight

    130 Maple Ave WB4, Red Bank, NJ 07701

    $104,900

    Updated two-room office suite in the Courts of Red Bank with skylight light, elevator access, nearby restrooms, and ample parking.

    View details
    Automotive Service Center
    Automotive Service Center

    119 Memorial Parkway Unit 119, Atlantic Highlands, NJ 07716

    $1,200,000

    Well-maintained service center with three bays plus a recently added bay for car stereo and tire installation.

    View details

    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.

    78 Bay Ave
    COMMERCIAL (GENERAL)

    78 Bay Ave, Highlands, NJ 07732-1730

    $305,000
    Estimated value
    2,700 sqft 0.13 AC lot
    View details
    200 Portland Rd, Unit A-11
    COMMERCIAL (GENERAL)

    200 Portland Rd, Highlands, NJ 07732-1921

    Unit A-11
    $320,000
    Estimated value
    0.34 AC lot
    View details
    71 Waterwitch Ave
    COMMERCIAL (GENERAL)

    71 Waterwitch Ave, Highlands, NJ 07732-1446

    $335,000
    Estimated value
    3,200 sqft 0.09 AC lot
    View details
    9 Marine Pl
    COMMERCIAL (GENERAL)

    9 Marine Pl, Highlands, NJ 07732-1527

    $875,000
    Estimated value
    608 sqft 1.50 AC lot
    View details
    New Rd At Grand Tour
    COMMERCIAL (GENERAL)

    New Rd At Grand Tour, Highlands, NJ 07732

    $580,000
    Estimated value
    3,320 sqft 1.35 AC lot
    View details
    75 Bay Ave
    COMMERCIAL (GENERAL)

    75 Bay Ave, Highlands, NJ 07732-1701

    $345,000
    Estimated value
    6,500 sqft 0.21 AC lot
    View details
    311 Bay Ave
    COMMERCIAL (GENERAL)

    311 Bay Ave, Highlands, NJ 07732-1425

    $290,000
    Estimated value
    3,693 sqft 0.09 AC lot
    View details
    3 Cornwall St
    COMMERCIAL (GENERAL)

    3 Cornwall St, Highlands, NJ 07732-1704

    $970,000
    Estimated value
    4,360 sqft 0.16 AC lot
    View details
    122 Bay Ave
    COMMERCIAL (GENERAL)

    122 Bay Ave, Highlands, NJ 07732-1732

    $450,000
    Estimated value
    1,701 sqft 0.06 AC lot
    View details
    157 Bay Ave
    COMMERCIAL (GENERAL)

    157 Bay Ave, Highlands, NJ 07732-1718

    $470,000
    Estimated value
    1,272 sqft 0.05 AC lot
    View details
    170 Bay Ave
    COMMERCIAL (GENERAL)

    170 Bay Ave, Highlands, NJ 07732-9990

    $1,365,000
    Estimated value
    3,548 sqft 0.17 AC lot
    View details
    19 Bay Ave
    COMMERCIAL (GENERAL)

    19 Bay Ave, Highlands, NJ 07732-1901

    $380,000
    Estimated value
    0.08 AC lot
    View details
    67-69 Waterwitch Ave, Unit 69
    COMMERCIAL (GENERAL)

    67-69 Waterwitch Ave, Highlands, NJ 07732-1446

    Unit 69
    $575,000
    Estimated value
    4,879 sqft 0.10 AC lot
    View details
    208 Bay Ave
    COMMERCIAL (GENERAL)

    208 Bay Ave, Highlands, NJ 07732-1639

    $700,000
    Estimated value
    2,002 sqft 0.17 AC lot
    View details

    Highlands, NJ Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Highlands, NJ, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 12,646 square feet of properties for sale, with an estimated market value of $5,329,000.

    Sale prices for business properties in Highlands, NJ start at $90,000, averaging $592,111, and reaching up to $850,000 — 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 $598.8K

    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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