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    Mixed-Use Waterfront Investment Title is generated by Realmo AI

    11 W Front Street, Keyport, NJ 07735

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    Claim this Listing
    For Sale
    $1,175,000

    COMMERCIAL - Keyport, NJ

    Property size:
    5,268 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $223/SF
    Added:
    Feb 9, 2026
    Days on Market:
    140
    Last Refresh:
    Jun 29 at 6:06 pm

    Property Features for 11 W Front Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    On Street, Offsite
    Exterior features
    Display Window
    Basement
    Full, Walk-Out Access
    Standard status
    Active
    APN
    24-00021-01-00062
    Size
    5,268 SF
    Lot size
    0.09 Acres

    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

    Building Details

    Year built
    1900
    Floors in Building
    3
    Building materials
    Brick, Stucco
    Roof type
    Flat, Tar/Gravel

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    Contact an agent
    Michael Viktorenko

    Listing agent Michael Viktorenko License #2191129

    Listing office Coldwell Banker Realty 335 Rte 9 S, Spring Lake, NJ

    Listing date Feb 9, 2026

    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.

    HighLights

    • Mixed‑use property in Keyport with street‑level retail plus two whole‑floor 4/5 bedroom apartments on the 2nd and 3rd floors
    • Zoned GC (General Commercial), supporting flexible mixed‑use strategies
    • Water views associated with each residential unit, with residential and commercial use on one property
    • Brick and stucco construction; flat tar/gravel roof
    • Steam heating; public water and public sewer
    • Parking includes on‑street and offsite options

    Overview

    This mixed-use property includes street-level retail on the first floor and two expansive whole-floor apartments on the second and third floors. Each residential unit is configured as a 4 or 5 bedroom layout and benefits from water views, supporting long-term tenant demand across both commercial and residential uses. The building is positioned to produce solid existing income while also offering meaningful value-add and redevelopment flexibility, including the possibility to expand or reconfigure the structure and increase unit count, subject to zoning and township approvals.

    The asset is located in Keyport, within Monmouth County’s waterfront corridor, in a bustling, walkable community along the shorefront. It is zoned GC (General Commercial), which supports flexible mixed-use strategies. Waterfront-adjacent opportunities of this type are increasingly scarce, and the location benefits from continued regional growth and renewed investment activity.

    For investors and owner-operators, the combination of street-level retail and large, view-driven apartments can serve as a durable long-term hold. The GC zoning and redevelopment upside may also appeal to buyers looking to refine the existing configuration or pursue additional units, pending required approvals, while maintaining income from current operations.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $113.8k $21.60
    − Vacancy −$6.4k −$1.21
    EGI $107.4k $20.39
    − OpEx −$32.2k −$6.12
    NOI $75.2k $14.27
    5,268 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.07M
    $939.9K – $1.25M (±1% cap)
    NOI $75,192 @ 7.0% cap · market cap 6.40%
    Second Best
    Mixed Use
    $1.02M
    $889.0K – $1.19M (±1% cap)
    NOI $71,118 @ 7.0% cap · market cap 6.05%
    Theoretical Best
    Office A
    $1.38M
    $1.20M – $1.60M (±1% cap)
    NOI $96,291 @ 7.0% cap · market cap 8.19%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Decorators Fabrics By ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Keyport
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.202599
    Latitude
    40.437722

    FAQs

    What type of property is this?
    Mixed-use property - Street-level retail with two whole-floor apartments offers diversified income potential and water-view appeal in a supply-constrained shore market.
    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: Mixed‑use property in Keyport with street‑level retail plus two whole‑floor 4/5 bedroom apartments on the 2nd and 3rd floors; Zoned GC (General Commercial), supporting flexible mixed‑use strategies; Water views associated with each residential unit, with residential and commercial use on one property
    More about this property
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