$605,000
SOLD OCT 22, 2025

251 1st St Keyport, NJ 07735

5 Beds
2 Baths
2,300 Sq Ft
1909 Built

Recently Sold

$263 Per Sq Ft

16% Above List Price

Highlights

  • Wood Flooring
  • Cooling Available
  • 1-minute walk to Cedar Street Park

About This Home

As of October 2025

Back on the market- Buyer couldn't perform, home appraised at a lot more! Available again and ready to close. Discover a Rare Investment Gem in the Heart of Keyport! Seize this exceptional opportunity to own a versatile 2-family home in a thriving, walkable waterside community just one block from the stunning Keyport Bay.Ideal for both savvy investors with plenty of cash flow or owner-occupants, this property offers immediate cash flow and long-term upside. Dual Rental Streams & Income Potential This well-maintained 2 family features: A spacious 3-bedroom, 1-bath unit on the first floor A charming 2-bedroom, 1-bath unit upstairs All separate utilities for added convenience. Whether you're looking to offset your mortgage with rental income or build your real estate portfolio. " Walkable access to the fishing pier, waterfront boardwalk, and beaches. Close to major highways and transit for easy commuting
Whether you're looking to offset your mortgage with rental income or build your real estate portfolio, this move-in-ready 2-family is primed for profitability. (P.s..Images reflect the condition of the units prior to tenant occupancy, showcasing the space when it was vacant)

Last Agent to Sell the Property

LODI TANNIOS

Trinity Realty License #1754793 Listed on: 10/03/2025

Last Buyer's Agent

Celeste Moore

Realty Of America License #2187492

Realty Of America

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,019

Year Built

  • Built in 1909

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Paved Parking

Schools

  • Central Middle School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Tenants personal Items
  • Tenant pays for hot water, water, sewer, heat, gas, electricity
  • The owner pays for snow removal
  • Assessor Parcel Number 24-00136-0000-00039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,019

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: None
  • Reso Flooring: Wood, Vinyl, Ceramic Tile
  • Year Built: 1909
  • Contract Info List PriceSqFt: 247.39
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • Location Middle School: Central
  • Floors Ceramic Tile: Yes
  • Floors Vinyl3: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Parking Spaces: 1.0
  • Roof:Shingle3: Yes
  • Special Features: None

Interior Features

  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Basement:Partial: Yes

Exterior Features

  • Roof: Shingle
  • Waterfront: No
  • Exclusions: Tenants personal Items
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 1.0
  • General Property Info:Garage: No
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating:Natural Gas: Yes

Schools

  • Middle Or Junior School: Central

Lot Info

  • Parcel #: 24-00136-0000-00039

Rental Info

  • Tenant Pays: Hot Water, Water, Sewer, Heat, Gas, Electricity
  • Owner Pays: Snow Removal

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9019.0
  • Tax Other Annual Assessment Amount: 486700.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Aug 17, 2021
Sold by
M & I Management Llc
Bought by
251 Holdings Llc
Seller's Agent
Susan Montanti
Driftwood Real Estate Group
Buyer's Agent
Bobbi Lebbing
New Jersey Realty
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$319,200
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2017
Closed on
Jun 18, 2018
Sold by
Us Bank Na
Bought by
M & I Management Llc
Seller's Agent
Ellen Silver
Striker Realty
Buyer's Agent
Peter Iskander
Engel & Volkers Hoboken
Sold Price
$179,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.40%

Purchase Details

Closed on
Jun 13, 2017
Sold by
Stern And Eisenberg Pc
Bought by
Umkb Bank National Association

Purchase Details

Closed on
Jun 29, 2007
Sold by
Martinez Rogelio
Bought by
Martinez Rogelio and Martines Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
8.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 2003
Sold by
Russo Sebastian
Bought by
Martinez Rogelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.8%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Deed $399,000 Sage Title & Stlmt Svcs Llc
Special Warranty Deed $179,000 Interstate 1St Title Agency
Sheriffs Deed $1,000 None Available
Interfamily Deed Transfer -- Chicago Title Insurance Co
Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $319,200 New Conventional
Previous Owner $280,000 Commercial
Previous Owner $225,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2025 10/22/25 Sold $605,000 +6.3% $263 / Sq Ft
10/09/2025 10/09/25 Price Changed $569,000 +9.4% $247 / Sq Ft
10/03/2025 10/03/25 For Sale $520,000 0.0% $226 / Sq Ft
08/04/2025 08/04/25 Pending -- -- --
07/19/2025 07/19/25 For Sale $520,000 +30.3% $226 / Sq Ft
08/18/2021 08/18/21 Sold $399,000 0.0% $222 / Sq Ft View Prior Sale
06/18/2021 06/18/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $399,000 +122.9% $222 / Sq Ft
07/10/2018 07/10/18 Sold $179,000 -- $99 / Sq Ft View Prior Sale
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 $9,019 $486,700 $181,000 $305,700
2024 $9,900 $435,700 $145,100 $290,600
2023 $9,900 $450,400 $131,900 $318,500
2022 $8,163 $391,500 $114,700 $276,800
2021 $8,163 $323,400 $99,800 $223,600
2020 $7,794 $306,500 $93,900 $212,600
2019 $7,198 $283,500 $90,400 $193,100
2018 $6,864 $264,000 $83,300 $180,700
2017 $6,877 $263,800 $85,400 $178,400
2016 $6,364 $246,200 $85,400 $160,800
2015 $6,209 $239,100 $80,400 $158,700
2014 $6,301 $245,000 $56,200 $188,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22521268

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 24-00136-0000-00039