251 1st St Keyport, NJ 07735
Estimated payment $3,509/month
Highlights
- Wood Flooring
- Cooling Available
- 1-minute walk to Cedar Street Park
About This Home
Coming Soon! 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 and 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 Month-to-month tenants currently in place - offering flexibility and room for increased rental income. Prime Location, Unbeatable Lifestyle Appeal Residents enjoy the best of Keyport living: A short stroll to downtown cafes, shops, and parks " 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)
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
- 1,900 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
- The owner pays for snow removal
- Assessor Parcel Number 24-00136-0000-00039
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 | $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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | Pending | -- | -- | -- |
| 07/19/2025 07/19/25 | For Sale | $520,000 | +30.3% | $274 / Sq Ft |
| 08/18/2021 08/18/21 | Sold | $399,000 | 0.0% | $222 / Sq Ft |
| 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 |
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 | -- |
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: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22521268
APN: 24-00136-0000-00039
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