Building Details

Tenancy Multi

Listing Agency: RE/MAX Gateway g***@gmail.com Show Phone

Listed By: Gloria V Siciliano · License #9806704

Source: Mynewjerseyrealestate

Added: Aug 10 Changed: Aug 31 Last Checked: Aug 30 at 8:06PM

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Investment Insights

Based on property information with market context.

Located at 307-341 Main St in Allenhurst, New Jersey, this mixed-use property combines nine fully leased storefronts with nine one-bedroom apartments. The retail spaces include private basement storage, providing dedicated back-of-house space for each storefront. Separate utilities serve the property’s components, supporting direct tenant responsibility for utility usage. The asset brings together retail and residential occupancy within one property and is positioned in an Allenhurst area identified for ongoing redevelopment and revitalization.

Key Highlights

• 9 fully leased storefronts
• 9 one‑bedroom apartments
• Separate utilities for tenant responsibility

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Law Firm Spa & Massage Center Nail Salon

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

Lease Details

9

Residential units

100%

Occupancy

Multi-tenant

Tenancy

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

177

Businesses Nearby

Explore this area Business Placement

Demographics for 07711, NJ

1,506

Population

920

Households

1.6

Avg Household Size

47

Median Age

72%

College-Educated

99%

High-School Grad

0.6 sq mi

ZIP Area

2,510

Density / Sq Mi

$125,938

Median Household Income

$93,017

Median Earnings

$2,033

Median Rent

$1,075,900

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Nine leased retail spaces and nine one-bedroom apartments operate with separate utilities and private basement storage for the storefronts.

Where is this mixed-use property located?

The property is located at 307341 307-341 Main St Allenhurst, NJ.

What is the asking price?

The asking price for this property is $9,000,000.

What are key features of this property?

This property features: 9 fully leased storefronts; 9 one‑bedroom apartments; Separate utilities for tenant responsibility