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    1528 Monroe Ave Neptune, NJ 07753

    Sponsored
    For Sale
    Pending
    $775,000

    COMMERCIAL - Neptune Township, NJ

    Property size:
    3,962 SF
    Lot size:
    0.20 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 6 at 11:06 pm

    Property Features for 1528 Monroe Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Pending
    APN
    35-00714-0000-00001
    Size
    3,962 SF
    Lot size
    0.20 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1930
    Floors in Building
    2

    NJ Elite Group LLC (732) 523-0757

    Listing agent Nicholas Sinopoli (732) 523-0757

    Listing date Jan 2, 2026

    Copyright © 2026 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 and three leased units: a convenience store, a barber shop, and a two-bedroom residential apartment. The property benefits from high visibility and steady neighborhood traffic. The convenience store has a monthly rent of $2,408.00, the barbershop rents for $1,155.00 per month, and the residential apartment generates $1,575 per month. The landlord is responsible for sewer costs, while all other utilities are separately metered and paid by the tenants. The property includes ample parking. Situated on a 0.2-acre lot, the building has a size of 3,962 square feet. 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
    -74.031036
    Latitude
    40.220719

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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 4 units: laundromat, convenience store, barbershop, apartment.; - Strong tenancy in place with established leases.; - High visibility and 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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