Mixed-Use Building with Water
For Sale
$1,175,000
11 W Front Street, Keyport, NJ 07735
Commercial Sale, Keyport, NJ
Property Size5,268 SF
Lot Size0.09 Acres
Price / SF$223.04
Days on Market269
Property Features for 11 W Front Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Mixed, Commercial
Rooms
Basement
Parking features
On Street, Offsite
Exterior features
Display Window
Basement
Walk-Out Access, Full
Lot features
Level
Directions
Exit 117 from GSP Northbound Exit 118 from GSP Southbound Take Broadway, to W. Front St.
Standard status
Active
APN
24-00021-01-00062
Size
5,268 SF
Lot size
0.09 Acres
Additional Details
Mixed-Use Components
retail, residential
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
14596
Utilities
Sewer type
Public Sewer
Heating system
Steam
Water source
Public
Water front
1
Amenities
water views
Building Details
Year built
1900
Floors in Building
3
Building materials
Brick, Stucco
Roof type
Tar/Gravel, Flat
Buildings
1
Listing Agency:
Coldwell Banker Realty
Listed By:
Michael Viktorenko · License #2191129
(732) 462-4242
Added: Feb 9
Changed: Oct 26
Last Checked: Nov 4 at 4:06PM
MLS# 22603495
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Located at 11 W Front Street in Keyport, this 5,268-square-foot mixed-use building combines commercial and residential components. The first floor contains a street-level retail space with a display window, while the second and third floors each contain a full-floor 4/5-bedroom apartment. The upper residential units have water views.
Built in 1900, the structure features brick and stucco construction, steam heat, a flat tar-and-gravel roof, and a basement. The property is served by public water and public sewer, with on-street and offsite parking available. GC (General Commercial) zoning supports the existing mixed-use configuration, subject to applicable approvals.
Built in 1900, the structure features brick and stucco construction, steam heat, a flat tar-and-gravel roof, and a basement. The property is served by public water and public sewer, with on-street and offsite parking available. GC (General Commercial) zoning supports the existing mixed-use configuration, subject to applicable approvals.
Key Highlights
- 5,268‑square‑foot mixed‑use building on a 0.09‑acre lot
- First‑floor retail space with display window
- Two full‑floor 4/5‑bedroom apartments on the second and third floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,011
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,620,220
$1.6M
Cap Rate 7%
$1,157,300
$1.2M
Cap Rate 9%
$900,122
$900.1K
Market Conditions
NOI Build-Up for 5,268 SF
Gross rent
$158.0K $30.00/SF
− Vacancy
−$10.7K −$2.04/SF
EGI
$147.3K $27.96/SF
− OpEx
−$66.3K −$12.58/SF
NOI
$81.0K $15.38/SF
Area
Monmouth County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,620,220
Cap Rate 7%
$1,157,300
Cap Rate 9%
$900,122
Alternative Uses
Best Use
Apartment 5plus
$1.16M
$1.01M – $1.35M
NOI $81,011 @ 7.0% cap · market cap 6.89%
Second Best
Retail
$1.07M
$939.9K – $1.25M
NOI $75,192 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$1.38M
$1.20M – $1.60M
NOI $96,291 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
681
Businesses Nearby
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Business Placement
Demographics for 07735, NJ
18,652
Population
8,411
Households
2.2
Avg Household Size
42
Median Age
33%
College-Educated
92%
High-School Grad
4.9 sq mi
ZIP Area
3,807
Density / Sq Mi
$98,760
Median Household Income
$57,988
Median Earnings
$1,520
Median Rent
$384,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Street-level retail space is paired with two full-floor residential apartments.
Where is this mixed-use property located?
The property is located at 11 W Front Street Keyport, NJ.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: 5,268‑square‑foot mixed‑use building on a 0.09‑acre lot; First‑floor retail space with display window; Two full‑floor 4/5‑bedroom apartments on the second and third floors
