233 Broadway Union Beach, NJ 07735
Estimated payment $4,359/month
Highlights
- Very Popular Property
- 1 Car Attached Garage
- Central Air
- Deck
About This Home
Turn-key, income-producing 2-family in Union Beach! Both units are fully occupied with leases secured through early 2026.
Situated on a large lot with off-street parking and a spacious backyard. The first-floor unit offers 2 bedrooms + a bonus room with basement access. Unit 2 features 2 bedrooms as well.
Solar panels are fully owned and generate SREC credits—providing an additional passive income stream for the next owner. The property also includes a garage for extra storage.
Union Beach continues to grow, offering coastal living, new development, and convenient access to Bayshore beaches, parks, dining, shopping, and major NYC commuter routes. Whether you're expanding your portfolio or seeking a stable, low-maintenance investment, this is an excellent opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,395
Year Built
- Built in 1930
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 85 x 125
Parking
- 1 Car Attached Garage
Home Design
- Duplex
- Stone Siding
- Stone
Interior Spaces
- 2,482 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Outdoor Features
- Deck
Schools
- Memorial Middle School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 50-00106-0000-00016
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,395 | $598,400 | $209,100 | $389,300 |
| 2024 | $10,460 | $552,600 | $182,200 | $370,400 |
| 2023 | $10,460 | $488,800 | $158,500 | $330,300 |
| 2022 | $9,408 | $426,600 | $126,700 | $299,900 |
| 2021 | $9,408 | $383,200 | $115,200 | $268,000 |
| 2020 | $9,126 | $362,700 | $112,100 | $250,600 |
| 2019 | $8,918 | $345,800 | $106,800 | $239,000 |
| 2018 | $8,588 | $320,100 | $88,300 | $231,800 |
| 2017 | $8,853 | $317,200 | $88,300 | $228,900 |
| 2016 | $8,724 | $312,800 | $88,300 | $224,500 |
| 2015 | $8,524 | $311,200 | $96,800 | $214,400 |
| 2014 | $6,631 | $199,600 | $80,000 | $119,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/25/2025 11/25/25 | Price Changed | $650,000 | -3.6% | $262 / Sq Ft |
| 11/13/2025 11/13/25 | For Sale | $674,000 | -- | $272 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $557,500 | Stewart Title | |
| Deed | $557,500 | Stewart Title | |
| Deed | $350,000 | Red Bank Title Agency Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $446,000 | New Conventional | |
| Closed | $446,000 | New Conventional | |
| Previous Owner | $280,000 | Commercial |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22534411
APN: 50-00106-0000-00016
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