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Mixed-Use Property with Residential Unit
For Sale
$799,000

111 Bay Avenue, Highlands, NJ 07732

Commercial Sale, Highlands, NJ

Property SizeContact for details
Days on Market104

Property Features for 111 Bay Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Multi-Use, Mixed, Commercial
Rooms Basement
Parking features On Street
Exterior features Lighting
Fencing Fenced
Basement Partial
Lot features Level
Directions Bay Ave Highlands GPS
Standard status Active
APN 19-00046-0000-00002

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6920

Utilities

Sewer type Public Sewer
Heating system Baseboard
Water source Public

Building Details

Floors in Building 2
Flooring type Vinyl, Wood
Building materials Clapboard
Listing Agency: Resources Real Estate
Listed By: Ryan Britton
Added: May 27 Changed: Sep 3 Last Checked: Sep 7 at 10:06AM
MLS# 22615652

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.

Investment Insights

Based on property information with market context.

This mixed-use property combines commercial space at the front with an attached two-bedroom residential unit positioned behind it. The configuration supports separate commercial and residential components within one property, with wood and vinyl flooring, baseboard heating, clapboard construction, and a fenced exterior. A basement is also included.

The property is located at 111 Bay Avenue in Highlands, within the Highlands redevelopment zone. Public water and public sewer serve the property, while parking is available on the street. The rear lot is described as potentially subdividable, subject to applicable review and approvals.

Key Highlights

  • Front commercial space with attached two‑bedroom residential unit
  • Potentially subdividable rear lot
  • Located within the Highlands redevelopment zone

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Hair Salon (Bike/Boat/Book/etc) Store Garden Center Computer & Electronic Repair Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

392
Businesses Nearby

Demographics for 07732, NJ

4,710
Population
3,040
Households
1.5
Avg Household Size
49
Median Age
54%
College-Educated
91%
High-School Grad
3.8 sq mi
ZIP Area
1,239
Density / Sq Mi
$90,205
Median Household Income
$72,484
Median Earnings
$1,841
Median Rent
$396,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Front commercial space is paired with an attached two-bedroom residential unit.
Where is this mixed-use property located?
The property is located at 111 Bay Avenue Highlands, NJ.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Front commercial space with attached two‑bedroom residential unit; Potentially subdividable rear lot; Located within the Highlands redevelopment zone
More about this property
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