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    135 Monmouth St Red Bank, NJ 07701

    Sponsored
    For Sale
    $4,950,000

    18,258 SF, 17 Parking Spaces, High Potential

    Property size:
    18,258 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property in vibrant Red Bank, NJ, presents a compelling investment opportunity. The 18,258 square foot building, situated on 0.34 acres (plus a 0.17-acre, 14-space parking lot), boasts a diverse layout including a 4,500 square foot warehouse with a 12' x 14' drive-in door and 18' clear ceilings

    Property Features for 135 Monmouth St

    General Information

    Property type
    Individual retail properties
    Square Feet
    18,258 SF

    Building Details

    Year Built/Renovated
    1920/2021
    Stories
    2

    HighLights

    • 133‑135‑137 & 138 Monmouth Street, Red Bank, NJ
    • Block 42, Lots 5 & 6; Block 33, Lot 13
    • 18,258 SF, two‑story building with elevator
    • Asking Price: $4,950,000
    • 26% Occupied
    • 0.51 AC total lot size
    Property Profile Location Intelligence

    Current Use by Public Records

    Red Bank Community ... Church Uceda International English Language School Arc Employment Resource ... Employment Agency Red Bank FrameWorks Picture Frame Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Red Bank
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.0719607
    Latitude
    40.3486715

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Individual retail property - 18,258 SF, 17 Parking Spaces, High Potential
    Where is this individual retail property located?
    The property is located at 135 Monmouth St Red Bank, NJ.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: 133-135-137 & 138 Monmouth Street, Red Bank, NJ; Block 42, Lots 5 & 6; Block 33, Lot 13; 18,258 SF, two-story building with elevator
    Request Owner's contact information
    135 Monmouth St Red Bank, NJ 07701
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    135 Monmouth St
    Red Bank, NJ 07701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    135 Monmouth St Red Bank, NJ 07701
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