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    1528 Monroe Ave Neptune, NJ 07753

    Pending
    For Sale
    $775,000

    MULTI_FAMILY - Neptune Township, NJ

    Property size:
    3,962 SF
    Lot size:
    0.20 Acres
    Days on Market:
    54
    Last Refresh:
    Dec 13 at 6:06 am

    Property Features for 1528 Monroe Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Basement
    APN
    35-00714-0000-00001
    Size
    3,962 SF
    Lot size
    0.20 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1930
    Floors in Building
    2
    Number of units
    4

    NJ Elite Group LLC (732) 523-0757

    Listing agent Nicholas Sinopoli (732) 523-0757

    Listing date Oct 21, 2025

    Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Neptune Township

    Located in Neptune Township, this property offers multiple income streams with strong tenancy. The building features an owner-operated laundromat, a convenience store, a barber shop, and a two-bedroom residential apartment. The convenience store's rent is $2,408.00, the barbershop's rent is $1155.00, and the residential apartment's rent is $1,575. The landlord is responsible for sewer, while all other utilities are separately metered and paid by the tenants. Situated on a 0.2-acre lot, the 3,962 square foot property benefits from high visibility and steady neighborhood traffic. Ample parking is available. This property presents an opportunity for investors and owner-operators seeking reliable cash flow in a proven location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Similar Places Nearby

    A D Foods, Target Grocery

    Map

    City
    Neptune
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.031016
    Latitude
    40.22071

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    FAQs

    What type of property is this?
    Grocery and convenience store - Income-generating property with retail and residential units in Neptune Township.
    Where is this grocery and convenience store located?
    The property is located at 1528 Monroe Ave Neptune, NJ.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: - Multiple income streams from four established tenants (laundromat, convenience store, barber shop, and apartment).; - Strong tenancy in place with established leases, providing reliable cash flow.; - High-visibility location with steady neighborhood traffic.
    (732) 523-0757
    Request Owner's contact information
    1528 Monroe Ave Neptune, NJ 07753
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1528 Monroe Ave Neptune, NJ 07753
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