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$735,000
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Property Description
This well-located property in Neptune offers multiple income streams with strong tenancy in place. The building includes an owner-operated laundromat, along with three leased units: a convenience store, barber shop, and residential apartment. With high visibility, steady neighborhood traffic, and established leases, 1528 Monroe Ave presents an excellent opportunity for both investors and owner-operators seeking reliable cash flow in a proven location. There is ample parking as well in the building. Current Rent Roll Convenience Store: $2,408.00 Barbershop:$1155.00 2-bedroom residential apartment: $1,575 Landlord pays sewer, but all other utilities are separated and paid by tenants.
Full Property Details
Full Property Details for 1528 Monroe Ave
General
- Sold For: $735,000
- Taxes: $7,001 (2024)
- Status: Closed
- Type: Multi-Family
- Source: Monmouth
- MLS ID: 22528303
- Added to Site: 71 day(s) ago
Location
- Area: Neptune Twp (NPT)
- Municipality: Neptune Twp (NPT)
- County: Monmouth
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Water/Sewer: Public Sewer, Public Water
Structural Information
- Square Feet: 3,962
- Year Built: 1930
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Lot Dimensions: 76 x 114
Financial Considerations
- Price Per Sq. Ft.: $195.61
- Tax Amount: $7,001
- Tax Year: 2024
Disclosures and Reports
- Property ID: 35-00714-0000-00001
- Section: None
Listed by NJ Elite Group LLC, Nicholas Sinopoli
Sold by Weichert Realtors-Ship Bottom, James Mullaney
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Schools
Schools serving 1528 Monroe Ave
School District:Neptune Township School District
| Name | Grades | Distance |
|---|---|---|
Neptune High School 55 Neptune Boulevard, Neptune Township, NJ 07753 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1528 Monroe Ave
Date
Details
Price
Change
Source
4/10/2026
Sold
$735,000
-5.16%
MLS
9/17/2025
Listed
$775,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1528 Monroe Avenue, Neptune Township, NJ 07753 (MLS# 22528303) is a Multi-Family property that was sold at $735,000 on April 10, 2026. Want to learn more about 1528 Monroe Avenue? Do you have questions about finding other Multi-Family real estate for sale in Neptune Township? You can browse all Neptune Township real estate or contact a Coldwell Banker agent to request more information.

