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    Keansburg Commercial Building with Apartment Title is generated by Realmo AI

    369 Carr Avenue, Keansburg, NJ 07734

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    Claim this Listing
    For Sale
    $619,000

    COMMERCIAL - Keansburg, NJ

    Property size:
    2,944 SF
    Price / SF:
    $210/SF
    Added:
    Mar 15, 2026
    Days on Market:
    115
    Last Refresh:
    Jul 7 at 2:06 am

    Property Features for 369 Carr Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C-0
    Parking
    4
    Parking features
    Offsite, On Street
    Interior features
    Storage, Elevator
    Accessibility
    Accessible Elevator Installed
    Standard status
    Active
    APN
    2300158000000011
    Size
    2,944 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    9196

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Baseboard, Radiant
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1945
    Floors in Building
    2
    Flooring type
    Wood, Concrete, Elevator
    Additional Structures
    Storage

    We can help!

    Contact an agent
    Debra Fanelli

    Listing agent Debra Fanelli License #2295251

    Listing office ROBERT DE FALCO REALTY, INC. 340 ROUTE 34, Colts Neck, NJ

    Listing date Mar 15, 2026

    MLS# 2612886R

    Copyright © 2026 All Jersey 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

    • Commercial building with approx. 2,000 sq. ft. ground‑floor commercial space plus an approx. 944 sq. ft. 2‑bedroom apartment on the second level
    • Second‑level 2‑bedroom apartment is currently occupied (contact listing agent for apartment details)
    • Ground floor features a large open floor plan, 8‑ft ceiling height, fluorescent lighting, two large front windows, and a spacious backyard
    • Storage and an elevator are included; accessible elevator installed
    • Utilities: public water and public sewer; heating includes baseboard, radiant, and central; cooling is central air
    • Parking: on‑street and offsite parking; year built 1945

    Overview

    This commercial building is located in the developing beach town of Keansburg. The property features a commercial space on the first level, offering approximately 2,000 square feet of space. The first level has a large, open floor plan, storage, a bathroom, 8-foot ceiling height, fluorescent lighting, two large front windows, and a spacious backyard. The second level contains an income-producing two-bedroom apartment with approximately 944 square feet. The apartment is currently occupied. The property is close to the beach, Garden State Parkway, buses, trains, ferry, retail shops, and restaurants. It is located across from Keansburg Boro Hall and minutes from the beach. The total property size is approximately 2,944 square feet. This property is zoned C-0.

    Local Financial Insights For Apartment 5plus

    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 $88.3k $30.00
    − Vacancy −$6.0k −$2.04
    EGI $82.3k $27.96
    − OpEx −$37.0k −$12.58
    NOI $45.3k $15.38
    2,944 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $646.8K
    $565.9K – $754.6K (±1% cap)
    NOI $45,273 @ 7.0% cap · market cap 7.31%
    Second Best
    Retail
    $600.3K
    $525.3K – $700.4K (±1% cap)
    NOI $42,021 @ 7.0% cap · market cap 6.79%
    Theoretical Best
    Office A
    $768.7K
    $672.7K – $896.9K (±1% cap)
    NOI $53,812 @ 7.0% cap · market cap 8.69%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office Nail Salon Accounting Firm Skin Care Clinic Department Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Keansburg
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.1318964
    Latitude
    40.4421491

    FAQs

    What type of property is this?
    Mixed-use property - Commercial space with income-producing apartment in developing beach town.
    Where is this mixed-use property located?
    The property is located at 369 Carr Avenue Keansburg, NJ.
    What is the asking price?
    The asking price for this property is $619,000.
    What are key features of this property?
    This property features: Commercial building with approx. 2,000 sq. ft. ground‑floor commercial space plus an approx. 944 sq. ft. 2‑bedroom apartment on the second level; Second‑level 2‑bedroom apartment is currently occupied (contact listing agent for apartment details); Ground floor features a large open floor plan, 8‑ft ceiling height, fluorescent lighting, two large front windows, and a spacious backyard
    More about this property
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