05/18/2026
Rare Mixed-Use Commercial Real Estate Investment Opportunity | Allenhurst, New Jersey
View the full listing details and photos here via the Monmouth Ocean Regional MLS portal:
👉 https://flexmls.com/share/Dze4L/307-341-Main-St-Allenhurst-NJ-07711
For inquiries or to schedule a private tour, contact:
📞 Gloria Siciliano, Real Estate Broker-Owner - RE/MAX Gateway at (732) 618-6655
📧 [email protected]
🏢 RE/MAX Gateway
☎️ Brokerage Office Phone: (732) 695-1600
📍887 West Park Avenue, Ocean NJ 07712
Each office is independently owned and operated.
PROPERTY OVERVIEW
Welcome to a stabilized, income-producing mixed-use asset in the highly desirable coastal community of Allenhurst, NJ (Monmouth County). Located just minutes from the Jersey Shore beaches and situated in an active redevelopment and revitalization zone, this asset presents strong immediate upside potential and long-term appreciation.
INVESTMENT HIGHLIGHTS
High Occupancy: 18-unit property featuring 9 commercial storefronts and 9 residential one-bedroom apartments.
Low Owner Overhead: All residential and commercial units feature separate utilities paid directly by the tenants for ease of management.
Value-Add Functionality: Retail units include private basement storage, adding significant utility for your commercial tenants.
Strong Cash Flow: The ground-floor commercial rent serves as the primary income driver, offering a highly stable yield.
Ideal 1031 Exchange Target: Perfect for passive investors or local portfolio buyers looking for a turn-key, diversified asset in a sought-after coastal market.
LOCATION BENEFITS
Allenhurst is known for its high-barrier-to-entry market and affluent demographics. This property sits on a prominent, high-visibility commercial corridor, offering maximum foot and vehicle traffic for the storefront businesses.