Highlands, NJ Multifamily properties for sale

Updated: Aug 22, 2025

Mixed-Use Property in Highlands

196 Bay Avenue, Highlands, Highlands, NJ 07732

$750,000

3,200 sqft 0.09 AC lot

Prime location in the heart of Highlands, near the Sea Streak Ferry and Jersey Shore.
Versatile mixed‑use property with retail/office/restaurant space on the first floor and a 4‑bedroom apartment on the second floor.
Value‑add opportunity to increase income by dividing the existing apartment into two 2‑bedroom units.
Newly re‑zoned district allows for adding another story with two additional 2‑bedroom apartments.
Strong rental demand in Highlands, with 2‑bedroom units averaging $2,500+ per month.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Highlands, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Family Estate Property

40 Independence Road, Red Bank, NJ 07701

$10,000,000

20.47 AC lot

Estate includes five residences across a 15-acre parcel plus two additional 2.5-acre lots with Chapel Hill Road access.

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Restored Two-Family Victorian Townhouse

Red Bank, NJ 07701

$925,000

Restored two-unit Victorian with renovated kitchen, updated baths, refinished floors, and a private backyard near transit.

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Five-Unit Residential Investment Property

Rumson, NJ 07760

$3,150,000

3,328 sqft

Five residential units include four one-bed apartments plus a detached one-bedroom cottage with front and rear parking access.

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Rumson 5-Unit Residential Investment

2 Shrewsbury Dr, Rumson, NJ 07760

$3,150,000

3,328 sqft

Well-maintained 5-unit property near beaches and nightlife.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Flatbush Development Property For Sale

14 E 32nd Street lot: 13, Brooklyn, NY 11226

$1,249,000

1,407 sqft 0.09 AC lot

40 x 100 lot with R6, C1-2 zoning.

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Brooklyn Two-Family Home with Development Potential

69 Martense Street, Brooklyn, NY 11226

$1,888,888

2,660 sqft 0.10 AC lot

Two-family home on a large lot with significant development potential.

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Expansive Land Parcel in Holmes

545 Grape Hollow Road, Holmes, NY 12531

$750,000

2,480 sqft 75.32 AC lot

75+ acre land parcel with garage near I-84.

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Land Near Camelback Resort

250 Big Hill Pass, Scotrun, PA 18355

Contact for pricing

0.18 AC lot

Open lot near Camelback, suitable for RV, tiny home, or mobile.

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Off-Market Properties in Highlands, NJ

Consider similar Off-Market properties in Highlands, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (UNDER 5 UNITS)

82 Vly Ave, Highlands, NJ 07732-1819

Value Estimation by Request

1,128 sqft 0.72 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

47-49 Bay Ave, Highlands, NJ 07732-1918

Unit 49

$725,000

Estimated value

4,484 sqft 0.12 AC lot

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Highlands, NJ Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Highlands, NJ on our real estate platform. These investment opportunities span a total of 3,200 square feet of properties for sale, with an estimated market value of $750,000.

Sale prices for multifamily properties in Highlands, NJ start at $750,000, averaging $750,000, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
07732	$750K

Neighborhood

Average Price

07732

$750K

Highlands, NJ Multifamily Properties for Sale

196 Bay Avenue, Highlands, Highlands, NJ 07732