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21 & 23-25 West Front St. Red Bank, NJ 2 Retail Properties Offered at $3,950,000 in Red Bank, NJ
Investment Highlights
- 100% Occupied w/ strong income
- Dedicated parking for all tenants + adjacent to municipal lot
- Residential apts have exposed brick + ductwork, skylights, hardwood floors, washer/dryer in units.
- Fully renovated & owner managed
- All units are modern and professionally designed.
- Commercial units feature large glass storefronts with river views, along with exposed brick and ductwork.
Executive Summary
Prime opportunity to acquire two fully renovated mixed-use buildings in the heart of Downtown Red Bank, featuring 75 feet of retail frontage.
The properties consist of four (4) luxury residential apartments, three (3) street-level retail spaces, and ten (10) on-site parking spaces. Both buildings have been fully gut-renovated and professionally designed, offering modern, high-end finishes with no capital improvements required.
Property is 100% occupied, providing immediate, stable cash flow.
Asking Price: $3,950,000
The properties consist of four (4) luxury residential apartments, three (3) street-level retail spaces, and ten (10) on-site parking spaces. Both buildings have been fully gut-renovated and professionally designed, offering modern, high-end finishes with no capital improvements required.
Property is 100% occupied, providing immediate, stable cash flow.
Asking Price: $3,950,000
Taxes & Operating Expenses (Actual - 2025) |
Annual |
|---|---|
| Gross Rental Income |
$292,320
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$292,320
|
| Taxes |
-
|
| Operating Expenses |
-
|
| Total Expenses |
$77,315
|
| Net Operating Income |
$215,005
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $292,320 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $292,320 |
| Taxes | |
|---|---|
| Annual | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Total Expenses | |
|---|---|
| Annual | $77,315 |
| Net Operating Income | |
|---|---|
| Annual | $215,005 |
Property Facts
| Price | $3,950,000 | Number of Properties | 2 |
| Price / SF | $386.53 / SF | Individually For Sale | 0 |
| Cap Rate | 5.44% | Total Building Size | 10,219 SF |
| Sale Type | Investment | Total Land Area | 0.24 AC |
| Status | Active |
| Price | $3,950,000 |
| Price / SF | $386.53 / SF |
| Cap Rate | 5.44% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 10,219 SF |
| Total Land Area | 0.24 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 23-25 W Front St, Red Bank, NJ 07701 | Retail | 6,219 SF | 2000 | - |
| 21 W Front St, Red Bank, NJ 07701 | Retail | 4,000 SF | 1950 | - |
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21 & 23-25 West Front St. Red Bank, NJ
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