1528 Monroe Avenue, Neptune Township, NJ 07753
$775,000
Property Type:
Commercial
Square Footage:
3,962
Lot Size (sq. ft.):
8,712
Status:
Pending
Current Price:
$775,000
List Date:
9/17/2025
Last Modified:
1/28/2026
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.
More Information MLS# 22528305
Contract Info
Sale: Yes
Lease: No
List Price/SqFt: 195.61
New Construction: No
Status: Pending
List Date: 2025-09-15
Property Sub-Type: Mixed Use
List Price: $775,000
Current Price: $775,000
Location
Area/Section: Whitesville
House Number: 1528
Street Name: Monroe
Street Suffix: Avenue
County: Monmouth
Municipality: Neptune Twp (NPT)
Postal City: Neptune Township
State: NJ
Zip Code: 07753
Directions: Garden State Parkway to Exit 100. Take Route 33 East toward Neptune, then turn right onto Heck Avenue. Continue straight, turn left onto Franklin Avenue, then right onto Monroe Avenue. House is at 1528 Monroe Ave on the right.
General Property Info
# Levels: 2
Acreage: 0.2
Lot Dimensions: 76 x 114
Garage: Yes
Apx SqFt: 3962
Apx Year Built: 1930
Tax and Legal
Asmnt - Total: 444800
Taxes: 7001
Tax Year: 2024
Use
Apartments: 1
Barber/Salon: 1
Laundromat: 1
Electric
Other - See Remarks: 1
Gas
On Site: 1
Water Heater
Tank: 1
Heating
Natural Gas: 1
Water
Public Water: 1
Sewer
Public Sewer: 1
Parking
On Site: 1
Assessment Status
Assessed: 1
Status Change Info
Under Contract Date: 2025-11-06
Property Features
Use: Apartments; Barber/Salon; Laundromat
Heating: Natural Gas
Water Heater: Tank
Water: Public Water
Sewer: Public Sewer
Gas: On Site
Electric: Other - See Remarks
Parking: On Site
Assessment Status: Assessed
Listing Office:
NJ Elite Group LLC
Listing Agent:
Nicholas Sinopoli
Last Updated: January - 28 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.