239 State Route 79, Morganville, NJ 07751

$610,000
Property Type: Commercial Square Footage: 2,156 Lot Size (sq. ft.): 43,560 Status: Closed
Current Price: $610,000 List Date: 4/02/2024 Last Modified: 1/28/2026

Description

Attention Investors: This mixed-use property in a C-2 Neighborhood Commercial District has long-term tenants with multi-year leases. This income-producing property could be an ideal addition to your portfolio, located on RT 79 in the Morganville section of Marlboro Township. There are two buildings on the property. The three-story building has approximately 1000 sqft of retail space on the first floor and a 2-bedroom apartment with 1160 SqFt on the second floor. You'll be delighted to discover the apartment features an oversized galley kitchen, dining room, living room, laundry, and outdoor deck. There are more rooms on the 3rd floor, currently used as storage rooms for the apartment tenant. The third floor does have a separate entrance. The latest improvement to the property

Supplements: features a new, large-capacity, state-of-the-art sewage system. The second building is home to a 780 sqft workshop and retail space. There is ample attic storage on the 2nd floor of this building, too. These facilities are on an acre of property that backs to the Henry Hudson Trail. Call today for further information and to schedule a visit to your new investment property.

More Information MLS# 22408852

Status Change Info

Contingent Date: 2025-06-27 Under Contract Date: 2025-07-22 Sold Date: 2026-01-23 Sold Price: $610,000

Contract Info

Sale: Yes Lease: No List Price/SqFt: 322.36 New Construction: No Status: Closed List Date: 2024-04-01 Property Sub-Type: Commercial Sold Price: $610,000 Current Price: $610,000

Location

Area/Section: Morganville Comm Distr: 1 House Number: 239 Street Name: State Route 79 County: Monmouth Municipality: Marlboro (MAR) Postal City: Morganville State: NJ Zip Code: 07751 Directions: Route 18 to north on Rt 79; or Rt 34 to south on Rt 79.

General Property Info

# Levels: 2 Available SqFt: 2940 Retail SqFt: 1780 Acreage: 1 Other SqFt: 1160 Garage: No # Car Garage: 0 # Parking Spaces: 10 Business Operating: Yes Franchise: No Apx SqFt: 2156 Apx Year Built: 1965

Tax and Legal

Asmnt - Total: 381900 Taxes: 9219 Tax Year: 2023

Income & Expenses

# Rental Units: 2

Use

Apartments: 1 Art/Frame: 1 Bakeries/Shop: 1 Bar/Tavern/Lounge: 1 Barber/Salon: 1 Cards/Gift: 1 Convenience Store: 1 Day Care: 1 Deli/Catering: 1 Florist Shop: 1 Liquor Store: 1 Medical: 1 Pizza: 1 Professional Service: 1 Professional/Office: 1 Restaurant: 1 Retail: 1 Tanning Salon: 1 Video: 1

Zoning

Commercial: 1

Lot Description

Border Greenway: 1 Highway Frontage: 1 Irregular Lot: 1

Floors

Concrete: 1 Linoleum: 1 Wood: 1

Electric

220 Volts: 1

Basement

Slab: 1

Gas

On Site: 1

Cooling

Central Air: 1 Window Unit(s): 1

Water Heater

Natural Gas: 1

Heating

Baseboard: 1 Forced Air: 1 Hot Water: 1 Natural Gas: 1 Oil Above Ground: 1

Water

Public Water: 1

Sewer

Septic Tank: 1

Exterior

Security System: 1

Parking

On Site: 1 Paved: 1

Assessment Status

Assessed: 1

Financing

Cash: 1

Construction/Siding

Brick Veneer: 1 Clapboard: 1

Roof

Shingle: 1

Material

Block: 1 Brick: 1 Concrete: 1

Sale Excludes

Business Name: 1 Equipment/Furniture: 1 Inventory: 1 License: 1 Machinery: 1 Signs: 1

Landlord Pays

Sewer: 1 Water: 1

Documents Available

Financial Statement: 1 Survey: 1

Property Features

Location: Comm Distr; Comm Distr Use: Apartments; Art/Frame; Bakeries/Shop; Bar/Tavern/Lounge; Barber/Salon; Cards/Gift; Convenience Store; Day Care; Deli/Catering; Florist Shop; Liquor Store; Medical; Pizza; Professional Service; Professional/Office; Restaurant; Retail; Tanning Salon; Video Floors: Concrete; Linoleum; Wood Basement: Slab Cooling: Central Air; Window Unit(s) Heating: Baseboard; Forced Air; Hot Water; Natural Gas; Oil Above Ground Water Heater: Natural Gas Water: Public Water Sewer: Septic Tank Gas: On Site Electric: 220 Volts Exterior: Security System Parking: On Site; Paved Roof: Shingle Material: Block; Brick; Concrete Sale Excludes: Business Name; Equipment/Furniture; Inventory; License; Machinery; Signs Zoning: Commercial Lot Description: Border Greenway; Highway Frontage; Irregular Lot Landlord Pays: Sewer; Water Assessment Status: Assessed Documents Available: Financial Statement; Survey Financing: Cash
Listing Office: Keller Williams Realty West Monmouth
Listing Agent: Pamela El-Ghoul
IDX
Last Updated: January - 28 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.