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140 Monmouth St

2,266 SF 100% Leased Retail Building Red Bank, NJ 07701 $914,019 CAD ($403 CAD/SF)

Investment Highlights

  • Located in the heart of Red Bank - walk to restaurants, shops, train station and Count Basie Theatre
  • Generate income from both units or live/work in one and rent out the other. Plus a detached garage and off-street parking.
  • Unique Victorian Single-Family dwelling embodies the beauty and warmth of yesteryear.

Executive Summary

Located in the heart of Red Bank, this classic Victorian dwelling is zoned for residential & business use (BR-1) including offices, commercial retail, service establishments, art galleries and much more. Income currently generated from 1st floor hair salon & 2-bedroom upper-level apartment. Salon offers reception room, style areas, and a spacious kitchenette & bathroom. Vintage elements include custom moldings, hardwood floors, decorative front porch, plus high ceilings & doorways. Upstairs apartment has eat-in kitchen, living room, full bath, bedroom, & office area that leads to the 2nd bedroom on the 3rd floor. Relax on upper deck or enjoy outdoor space next to the detached garage. Basement provides extra storage. Walk to shops, restaurants, Count Basie Theatre, & public transportation!

Financial Summary (Actual - 2022) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2022) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,266 SF
Building Class
B
Year Built
1915
Price
$914,019 CAD
Price Per SF
$403 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.31
Land Acres
0.17 AC
Zoning
MU-08 - BR-1 Business/Residential-1 District - See zoning under docs - Single-Family/Multi Dwellings, Offices, Retail, Art Gallery, Service, Commercial
Parking
2 Spaces (0.88 Spaces per 1,000 SF Leased)
Frontage
37 ft on Monmouth St

Amenities

  • Fenced Lot
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector
Walk Score ®
Walker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

The YMCA
Bank of America
PNC Bank
pure barre
OceanFirst Bank
Valley National Bank
The Melting Pot
Td Ameritrade
Starbucks
Cluck-U-Chicken

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
39-00033-0000-00015
Land Assessment
$421,920 CAD (2024)
Improvements Assessment
$626,832 CAD (2024)
Total Assessment
$1,048,752 CAD (2024)
  • Listing ID: 27708857

  • Date on Market: 2023-02-08

  • Last Updated:

  • Address: 140 Monmouth St, Red Bank, NJ 07701

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