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$1,525,000
19 Days On Site

1614 RT-71
BELMAR, NJ 07719

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
4,000
SqFt
$381
/SqFt
1930
Built
County:
MONMOUTH
Listing courtesy of VORO Keystone, LLC

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215-206-1980
1614 RT-711614 RT-711614 RT-711614 RT-71
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Stabilized Mixed-Use Investment With Residential Upside – Belmar, NJ 1614 Route 71 presents an attractive mixed-use investment opportunity in the heart of Belmar, New Jersey. The property consists of three fully leased street-level retail stores and two spacious 2-bedroom residential apartments, offering a balanced income stream with built-in upside. The asset generates a projected 7.1% cap rate on current operations with a gross annual income of $118,200. The retail component is fully leased, providing stable in-place cash flow, while the residential units offer clear upside through rent increases, allowing an investor to enhance returns over time. Located along Route 71, the property benefits from strong visibility, traffic exposure, and proximity to Belmar’s downtown, transit, and Jersey Shore amenities, supporting both retail tenancy and residential demand. Well-suited for investors seeking steady cash flow with value-add potential in a proven shore market.

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Listing Snapshot
Price 
$1,525,000
Days On Site 
19 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.34 Acres
Year Built 
1930
MLS® Number 
NJMM2004272
Status 
Active
Property Tax 
$7,296
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.34
Additional Property Use 
CommercialMixed UseMulti-FamilyRetailResidential
Parking 
Parking LotDriveway
Parking Spaces 
20
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4000
Water Source 
Public
Zoning 
MU
Interior Features
Appliances 
Gas Water Heater
Cooling 
Multi Units
Heating 
Natural GasBaseboard
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
Belmar Boro (21307)
School District 
WALL TOWNSHIP PUBLIC SCHOOLS
Schools
School District
WALL TOWNSHIP PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of VORO Keystone, LLC



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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