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Highlands, NJ Retail Space for Sale

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Atlantic Highlands, NJ Rumson, NJ Leonardo, NJ Fair Haven, NJ Red Bank, NJ Belford, NJ Long Branch, NJ Middletown, NJ
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.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Highlands, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Prime Corner Retail Opportunity
Prime Corner Retail Opportunity

25 Broad St, Red Bank, NJ 07701

$2,250,000
4,401 sqft

Highly visible corner retail in Red Bank's pedestrian corridor.

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Pet Specialty Retail Business For Sale
Pet Specialty Retail Business For Sale

15 Morris Avenue, Long Branch, NJ 07740

$750,000

Pet specialty retail business includes inventory, trade fixtures, build-out, and branding, with a long-term lease in place.

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Mixed-Use Building, Red Bank, NJ
Mixed-Use Building, Red Bank, NJ

12 W Front Street, Red Bank, NJ 07701

$749,000
1,807 sqft

Mixed-use building in high-traffic Red Bank location.

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Prime Commercial Property in Long Branch
Prime Commercial Property in Long Branch

565-569 Joline Avenue, Long Branch, NJ 07740

$1,699,999
2,024 sqft 0.52 AC lot

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

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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.

Prime PUD-Zoned Land Opportunity
Prime PUD-Zoned Land Opportunity

3229 State Road 207, Elkton, FL 32033

$1,599,000
900 sqft 2.07 AC lot

2.07 acres of PUD-zoned land in a growing corridor.

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Highlands, NJ Retail Space Market Trends and Statistics

Explore 1 retail space 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 retail space 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 8

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 $750K

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

Retail

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