NOT LISTED FOR SALE

11-13 Osborn St Keyport, NJ 07735

Estimated Value: $354,000 - $550,267

4 Beds
2 Baths
2,040 Sq Ft
$224/Sq Ft Est. Value

Last Sold October 28, 2024

Last sale price $325,000 $159 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,088/month

37 Days on Market

Highlights

  • Deck
  • Patio
  • Baseboard Heating
  • Cooling Available
  • Shed
  • Fenced

About This Home

As of October 2024

Rare investment opportunity! Discover unparalleled value in this charming side by side duplex, nestled in coveted Keyport. Each unit has 2 bedrooms and I bathroom. The property does need some TLC, so current rents are significantly below market value. Vibrant downtown Keyport provides shopping, restaurants and endless enjoyment by the waterfront. Conveniently located near bus, train, ferry and GS Parkway. As-is, buyer responsible for CO. This is a tremendous opportunity to be a part of the Keyport revitalization!

Last Agent to Sell the Property

Eileen Imperato

RE/MAX Imperial Listed on: 07/13/2024

Last Buyer's Agent

Eileen Imperato

Keller Williams Realty West Monmouth

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,018

Year Built

  • Built in 1909

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 97
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,040 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Shed

Schools

  • Central Middle School

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Gross Income $27,600

Listing and Financial Details

  • The owner pays for sewer
  • Assessor Parcel Number 24-00081-0000-00002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,018

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • New Construction: No
  • Reso Other Structures: Shed
  • Year Built: 1909
  • Contract Info List PriceSqFt: 257.35
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • General Property Info Lot Dimensions: 50 x 97
  • Location Middle School: Central
  • ExteriorFence: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • Exterior Shed3: Yes
  • Income Expenses Gross Income2: 27600.0
  • Basement Tenant Storage: Yes
  • Roof:Shingle3: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Tenant Storage
  • Basement: Yes
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: Fence
  • Acres: 0.11
  • Waterfront: No
  • Exterior Features: Deck
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Dimensions: 50 x 97
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 24-00081-0000-00002
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8018.0
  • Tax Other Annual Assessment Amount: 392800.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 27600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2024
Closed on
Oct 17, 2024
Sold by
11-13 Realty Llc
Bought by
Bfg Keyport Llc
Seller's Agent
Eileen Imperato
RE/MAX Imperial
Buyer's Agent
Eileen Imperato
Keller Williams Realty West Monmouth
List Price
$525,000
Sold Price
$325,000
Premium/Discount to List
-$200,000
-38.1%
Views
38
Current Estimated Value
$456,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,317
Avg. Annual Appreciation
37.32%
Original Mortgage
$395,900
Outstanding Balance
$391,521
Interest Rate
6.08%
Mortgage Type
Construction
Estimated Equity
$64,796

Purchase Details

Closed on
Sep 12, 2019
Sold by
Mignoli Kathleen and Powers Jennifer Hammond
Bought by
11 13 Realty Llc

Purchase Details

Closed on
Mar 13, 2017
Sold by
Hammond James H and Mignoli Kathleen Mignoli
Bought by
Hammond Kathleen J and Mignoli Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.21%

Purchase Details

Closed on
Jul 30, 2008
Sold by
Smith Constance Elaine and Estate Of Wilbur Hammond
Bought by
Smith Constance Elaine and Hammond James H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bfg Keyport Llc $325,000 Counsellors Title
Bfg Keyport Llc $325,000 Counsellors Title
Bfg Keyport Llc $325,000 Counsellors Title
11 13 Realty Llc -- Acres Land Title Agency Llc
Hammond Kathleen J -- --
Smith Constance Elaine -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bfg Keyport Llc $395,900
Closed Bfg Keyport Llc $395,900
Previous Owner Hammond Kathleen J --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2024 10/28/24 Sold $325,000 -38.1% $159 / Sq Ft
08/19/2024 08/19/24 Pending -- -- --
07/13/2024 07/13/24 For Sale $525,000 -- $257 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,131 $433,500 $210,500 $223,000
2024 $8,018 $392,800 $180,800 $212,000
2023 $8,018 $364,800 $164,300 $200,500
2022 $6,461 $317,200 $142,900 $174,300
2021 $6,461 $256,000 $132,300 $123,700
2020 $6,223 $244,700 $127,100 $117,600
2019 $6,266 $246,800 $122,100 $124,700
2018 $6,399 $246,100 $129,500 $116,600
2017 $6,332 $242,900 $124,500 $118,400
2016 $6,147 $237,800 $124,500 $113,300
2015 $5,750 $221,400 $109,500 $111,900
2014 $5,890 $229,000 $84,500 $144,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22419890

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 24-00081-0000-00002