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$1,300,000 -$225,000 (-14.75%) Price Reduced

  • For Sale
  • Active
  • Apartment
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Stabilized Mixed-Use Investment With Residential Upside - Belmar, NJ 1614 Route 71 presents an attractive mixed-use investment opportunity in the heart of Belmar, New Jersey. The property consists of three fully leased street-level retail stores and two spacious 2-bedroom residential apartments, offering a balanced income stream with built-in upside. The asset generates a projected 7.1% cap rate on current operations with a gross annual income of $118,200. The retail component is fully leased, providing stable in-place cash flow, while the residential units offer clear upside through rent increases, allowing an investor to enhance returns over time. Located along Route 71, the property benefits from strong visibility, traffic exposure, and proximity to Belmar's downtown, transit, and Jersey Shore amenities, supporting both retail tenancy and residential demand. Well-suited for investors seeking steady cash flow with value-add potential in a proven shore market.

Full Property Details for 1614 Rt-71

General

  • Price: $1,300,000
  • Taxes: $7,296 (2025)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSTriStates
  • MLS ID: NJMM2004272
  • Updated: 2/19/2026
  • Added to Site: 51 day(s) ago

Business

  • Business Type: Apartment Building

Parking

  • Total Spaces: 20
  • Parking Type: Parking Lot, Driveway

Location

  • Area: Belmar Boro (21307)
  • Municipality: BELMAR BORO
  • County: MONMOUTH
  • Driving Directions: From the Garden State Parkway, take Exit 98 toward Belmar / Route 138 East. At the end of the exit, follow signs for Route 138 East toward Belmar. Continue on Route 138 East for about 1.5 miles, then turn left onto Route 71 (Main Street) heading north. Stay on Route 71 north for approximately ½ mile. 1614 Route 71 will be on your right-hand side.

School Information

  • School District: Wall Township Public Schools

Heating & Cooling

  • Cooling Type: Multi Units
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick, Advanced Framing
  • Year Built: 1930
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 0.34
  • Lot Size (Sq. Ft.): 14,810
  • Lot Size Source: Estimated
  • Zoning: MU

Financial Considerations

  • Price Per Sq. Ft.: $325
  • Tax w/Assessment: $340,600
  • Tax Amount: $7,296
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Investment: Yes

Listed by VORO Keystone, LLC, Austin Roche

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Listing agent

— 1614 Rt-71 —

  • Austin Roche

    VORO Keystone, LLC

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NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1614 Rt-71

School District:Wall Township School District
NameGradesDistance
West Belmar Elementary School
925 17th Avenue, Wall Township, NJ 07719
K-50.2 mi
Intermediate School, Wall Township, NJ
2801 Allaire Road, Wall Township, NJ 07719
6-82.7 mi
Wall High School
1630 18th Ave, Wall Township, NJ 07719
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1614 Rt-71 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/19/2026
Price Reduced
$1,300,000
-14.75%
MLS
12/30/2025
Listed
$1,525,000
—
MLS
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by VORO Keystone, LLC, Austin Roche

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1614 Rt-71, Belmar, NJ 07719 (MLS# NJMM2004272) is a Apartment property. 1614 Rt-71 is currently listed for $1,300,000 and was received on December 30, 2025. Want to learn more about 1614 Rt-71? Do you have questions about finding other Apartment real estate for sale in Belmar? You can browse all Belmar real estate or contact a Coldwell Banker agent to request more information.

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