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$1,100,000
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Property Description
Cash Cow Investment Opportunity - Prime Mixed-Use Property in the heart of Red Bank - Fully Rented - Annual cash flow of $105,432 with annual increases in place for the commercial unit! Tenants pay for all utilities. NOI of $87,533. Rare 8% Cap rate investment. Potential to add 3rd floor with additional apartments. Unlock exceptional income potential with this fully renovated mixed-use property, ideally located near downtown Red Bank and just minutes from the upcoming Netflix Studios. This versatile building features a ground-floor commercial space with strong visibility and foot traffic-perfect for a variety of business types. Upstairs, you'll find two beautifully renovated residential units (2024), including a spacious one-bedroom and a stylish studio-both offering modern finishes and move-in ready appeal. Located just blocks from Riverview Medical Center, Red Bank's vibrant restaurants, boutiques, and nightlife, this property is a magnet for both tenants and business patrons alike.
Full Property Details
Full Property Details for 10 Monmouth St
General
- Sold For: $1,100,000
- Taxes: $12,899 (2024)
- Status: Closed
- Type: Commercial Service
- Source: Monmouth
- MLS ID: 22513960
- Added to Site: 283 day(s) ago
Business
- Business Type: Apartments, Pizza
Parking
- Parking Features: On-Street
Location
- Area: Red Bank (RED)
- Municipality: Red Bank (RED)
- County: Monmouth
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
Utilities
- Gas: On Site
- Dist. to Gas: On Site
- Sewer: Public Sewer
- Water: Public
Structural Information
- Square Feet: 2,360
- Current Bldg. Use: Apartments, Pizza
- Year Built: 2000
Lot Features
- Lot Size (Acres): 0.04
- Lot Size (Sq. Ft.): 1,742.4
- Lot Dimensions: 20 x 79
Financial Considerations
- Price Per Sq. Ft.: $466.1
- Assessment Amount: $652,800
- Tax Amount: $12,899
- Tax Year: 2024
Disclosures and Reports
- Property ID: 39-00031-0000-00019
- Section: None
Listed and Sold by C21 Thomson & Co., Kyle Golden
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Schools
Schools serving 10 Monmouth St
School Districts:Red Bank Borough School District, Red Bank Regional School District
| Name | Grades | Distance |
|---|---|---|
Red Bank Middle School 101 Harding Road, Red Bank, NJ 07701 | 4-8 | 0.3 mi |
Red Bank Primary School 222 River Street, Red Bank, NJ 07701 | PK-3 | 1 mi |
Red Bank Reg High School 101 Ridge Road, Little Silver, NJ 07739 | 9-12 | 1.4 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 10 Monmouth St
Date
Details
Price
Change
Source
7/24/2025
Sold
$1,100,000
—
MLS
5/13/2025
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
10 Monmouth Street, Red Bank, NJ 07701 (MLS# 22513960) is a Commercial Service property that was sold at $1,100,000 on July 24, 2025. Want to learn more about 10 Monmouth Street? Do you have questions about finding other Commercial Service real estate for sale in Red Bank? You can browse all Red Bank real estate or contact a Coldwell Banker agent to request more information.

