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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: Commercial Service
- Source: Monmouth
- MLS ID: 22528305
- Added to Site: 206 day(s) ago
Business
- Business Type: Barber/Salon, Apartments, Laundromat
Parking
- Parking Features: On-Site Parking
Location
- Area: Neptune Twp (NPT)
- Municipality: Neptune Twp (NPT)
- County: Monmouth
Utilities
- Gas: On Site
- Dist. to Gas: On Site
- Sewer: Public Sewer
- Water: Public
Structural Information
- Square Feet: 3,962
- Current Bldg. Use: Apartments, Barber/Salon, Laundromat
- 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
- Assessment Amount: $444,800
- Tax Amount: $7,001
- Tax Year: 2024
Disclosures and Reports
- Property ID: 35-00714-0000-00001
- Section: Whitesville
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# 22528305) is a Commercial Service 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 Commercial Service 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.

