Core+ Red Bank, New Jersey Self-Storage Opportunity
6 Central Avenue, Red Bank, NJ 07701
Sold
NRSF
58,789
Core+
Red Bank, NJ
Institutional Quality: Self-storage facility totaling 58,789 rentable square feet across 552 units, constructed in 2019.
Strategic Location: Nestled within an established residential neighborhood and located blocks from Downtown Red Bank, providing proximity to dense housing, walkable retail, dining, transit, and employment centers.
Significant Developments: Positioned near major redevelopment initiatives, including the nearly $1 billion Netflix Studios Fort Monmouth project and the $500 million Monmouth Square mixed-use redevelopment, both expected to materially expand employment and housing demand within the surrounding trade area.
High-Income Demographics: Approximately 60,000 residents within a three-mile radius, supported by average household incomes exceeding $195,000.
Cushman & Wakefield’s Self-Storage Advisory Group has successfully sold the self-storage facility located in Red Bank, New Jersey, within one of Monmouth County’s most supply-constrained submarkets.
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