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Mixed-Use Property in Redevelopment Zone

205 Bay Avenue, Highlands, NJ 07732

For Sale
$850,000

Storefront with living space in Highlands redevelopment zone.

Property Size1,600 SF
Price / SF$531.25
Days on Market328

Property Features for 205 Bay Avenue

General Information

Standard status Active
Size 1,600 SF
Property subtype Commercial

Building Details

Year Built 1923
Listing Agency: Preferred Properties Real Estate
Listed By: George M Coffenberg · License NJ #8630640
Source: Actionplusrealty
Added: Dec 19, 2025 Changed: Nov 10 Last Checked: Nov 10 at 8:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Preferred Properties Real Estate

Rey
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Investment Insights

Based on property information with market context.

Located in the Highlands downtown redevelopment zone, this mixed-use property features a storefront with living space above. The current configuration allows for income generation during the approval process for redevelopment. Zoning regulations permit parking underneath the structure and up to four stories above. The property offers 1600 square feet of space.

Key Highlights

  • Located in the Highlands downtown redevelopment zone.
  • Zoning allows for parking underneath and 4 stories above.
  • Storefront with living space above.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Hair Salon Nail Salon (Bike/Boat/Book/etc) Store Spa & Massage Center 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

401
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Mixed-use properties in Monmouth County, NJ

$431 Jul
$415 Aug
$440 Sep
$440 Oct

Properties on Market for Mixed-use properties in Monmouth County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Storefront with living space in Highlands redevelopment zone.
Where is this mixed-use property located?
The property is located at 205 Bay Avenue Highlands, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Located in the Highlands downtown redevelopment zone.; Zoning allows for parking underneath and 4 stories above.; Storefront with living space above.
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Includes: Price & PSF · Cap rate · Location · Zoning

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