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    Highlands, NJ
    Retail

    Highlands, NJ Retail Space for Sale

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    Atlantic Highlands, NJ Rumson, NJ Sea Bright, NJ Fair Haven, NJ Leonardo, NJ Red Bank, NJ Belford, NJ Eatontown, NJ
    Updated Mixed-Use Building
    Updated: Mar 1
    Updated Mixed-Use Building

    205 Bay Avenue, Highlands, NJ 07732

    $850,000
    1,600 sqft
    1,600 SF mixed‑use building with two levels and a basement
    Renovated interior with wood flooring, central air, and forced‑air heating
    Street‑level storefront with display windows and lighting
    Upper floor offers flexible professional or residential space
    Constructed in 1923 with stucco exterior and flat roof
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    This listing looks promising.

    Here's a quick look at some key insights for

    205 Bay Avenue, Highlands, NJ 07732

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    • Est. Cap Rate

      2.9%
      NOI ÷ price

    • Est. NOI

      $24K
      Annual

    • Price @ 7% Cap

      $350K
      Suggested

    • Last Sold

      Jan 2015
      $190K

    • Property Type

      Commercial (General)
      Built 1923
    View Property Analytics
    Mixed-Use Property in Highlands
    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.
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Highlands, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Two-Level Mixed-Use Building
    Two-Level Mixed-Use Building

    12 W Front Street, Red Bank, NJ 07701

    $749,000
    1,807 sqft

    First-floor salon space is paired with a one-bedroom apartment on the level above.

    View details
    Mixed-Use Building with Retail and Office
    Mixed-Use Building with Retail and Office

    188-190 Broadway, Long Branch, NJ 07740

    Contact for pricing

    Mixed-use building with three retail units and four office units, including one vacant office unit.

    View details
    Prime Commercial Property in Long Branch
    Prime Commercial Property in Long Branch

    565-569 Joline Avenue, Long Branch, NJ 07740

    Contact for pricing
    2,024 sqft 0.52 AC lot

    High-visibility commercial property with development potential near beach and amenities.

    View details
    Storefront Property with Road Visibility
    Storefront Property with Road Visibility

    175 Broad Street, Red Bank, NJ 07701

    Contact for pricing

    Building sale with adjacency to a post office, bank, and restaurants.

    View details

    Highlands, NJ Retail Space Market Trends and Statistics

    Explore 2 retail space for sale in Highlands, NJ on our real estate platform. These investment opportunities span a total of 4,800 square feet of properties for sale, with an estimated market value of $1,600,000.

    Sale prices for retail space in Highlands, NJ start at $750,000, averaging $800,000, and reaching up to $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 10

    Demographics Overview

    Population 4,686
    Population Growth (5Y) -3.1%
    Median Household Income $90,205
    College Educated 81.2%

    High-Yield Neighborhoods for Investment

    Identify Highlands submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    07732 $800K

    Taxes & Financing

    Tax Rate (average for all types) 2.06%
    Property Tax per SF $6.64 per SF
    Tax Rate vs County Average 0.22 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monmouth County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Monmouth County

    Residential Income

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