Property

Neptune Township, NJ 07753 1528 Monroe Avenue

$775,000

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Presented By: Nicholas Sinopoli, NJ Elite Group LLC
  • MLS# 22528303
  • 09/17/2025
  • Request Tour
  • Request Info
  • SQFT • 3,962

Home Details

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.
Presented By: Nicholas Sinopoli, NJ Elite Group LLC

Interior Features for 1528 Monroe Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
BasementOther
Basement (Y/N)No
Heating Y/NYes
Heating-Forced AirTrue
Total Fireplaces

General for 1528 Monroe Avenue

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityNeptune Township
CoolingCentral Air
CountyMonmouth
DirectionsGarden 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
Garage Spaces0.0
Garage Y/NNo
HeatingForced Air
Home Warranty Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet8712.0
Lot Size UnitsAcres
MLS AreaNone
MLS Area MinorNeptune Twp (NPT)
Middle/Junior High SchoolNeptune
MobileHomeRemainsYNNo
ModificationTimestamp2025-09-17T18:25:18Z
New ConstructionNo
Number Of Units Total4
Property SubtypeFour Family
Property TypeMulti-Family
Rent Control Y/NNo
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameNone
Tax Annual Amount7001.0
Tax Year2024
TaxOtherAnnualAssessmentAmount444800.0
Water Body Access Y/NNone
Year Built1930

Exterior for 1528 Monroe Avenue

Building Area Total3962.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions76 x 114
Lot Size Acres0.2
Lot Size Area0.2
SpaNo
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools

High School N/A
Elementary School N/A
Middle School Neptune Middle School

Jonathan Lockette

Associate
Price $775,000
MLS#22528303
List Date 09/17/2025
Property Type Multi-Family
Phone (973) 917-9113
Request Tour
Request Info
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