$1,300,000
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1614 Rt-71 Belmar, NJ 07719 Municipality: Belmar Boro
Mixed Use
Residence
Beds
Baths
...
Bed/Bath
4,000
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
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, of...fering 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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MLS#
NJMM2004272
Property Type
Mixed Use
Year Built
1930
Square Feet
4,000
sq. ft
Price per Sq. Ft.
$325.00
Lot Size
0.34
Sewer
Public Sewer
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
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