116 Broad Street Red Bank, NJ $ 1,950,000
116 Broad Street
$ 1,950,000
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116 Broad Street

Red Bank, NJ, 07701
$ 1,950,000
Baths0.0 Sq 3,960

Monthly Estimate*

$ 13,621

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116 Broad Street, Red Bank, NJ 07701 - Image 10
Studio

Commercial Property for sale in Red Bank, NJ

for $1,950,000. This building is 3,960 square feet.

Two story masonry and frame vinyl sided commercial building consisting of 3,960 (+-) square feet on the first and second floor plus 980 (+-) square feet of basement space. 1st floor retail currently vacant and also listed for lease at $5,500 per month, NNN. 2nd floor is built out as 3 office suites & currently leased. Owner of property has upgraded HVAC, newer aboveground oil heat boiler, completely remodeled 2nd floor offices with new windows, exterior stucco, resurfaced parking lot and more all within the past 6 years.

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Commercial Active

Price

$ 1,950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 19,385

Style

Town/City

Red Bank

County/Region

Monmouth

MLS | Web ID

22407420

Features
General
Sewer Public Sewer
Heating Oil Above Ground
Garage Spaces 0.0
Exclusions personal property
Stories 2
Property SubType Commercial
Tax Year 2023
County Monmouth
New Construction N
Property Type Commercial Sale
Garage Y/N N
Status Active
Directions Newman Springs Rd Left on Broad St
City Red Bank
View Y/N N
MLS Area None
Lot Size Square Feet 0.0
Carport Y/N N
Street Name Broad
Tax Annual Amount 19385.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Red Bank (RED)
Additional Parcels Y/N N
Leasable Area 3960.0
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 42
Standard Status Active
Tax Assessed Value 968300
Lease Amount 5500.0
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Exterior
Parking Features On Site
Water Source Public
Total Parking 7.0
Lot Size Area 0.0
Spa N
Building Area Total 3960.0
Lot Dimensions 46x147
Lot Size Acres 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Fireplaces 0
Heating Y/N Y
Street Suffix Street
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 116
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* Excluded Features
List By
Charles Frank

Listing Agent

Benchmark Realty Group Llc

Broker

cj@benchmarkrealtygrp.com

Email

Affordability Calculator

$15,237
Per Month
89%
11%
0%
Monthly Principal & Interest
$13,621
Monthly Property Taxes
$1,615
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
742343 Elementary School
742618 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/18/2024$1,950,000 Listed Price

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116 Broad Street, Red Bank, NJ, 07701 is a Commercial Property for sale at $1,950,000 with 3,960 sqft. 116 Broad Street is a studio with 0.0 baths. The property's zip code is 07701 which is in Red Bank, NJ