251 Main St Unit AH Port Monmouth, NJ 07758
New Monmouth NeighborhoodEstimated payment $4,292/month
Highlights
- Forced Air Heating and Cooling System
- 2 Car Garage
- 1-Story Property
About This Home
Multi-Family Investment Opportunity!
This versatile property offers incredible potential for owner-occupants and investors alike. The front home can be your primary residence or another source of rental income, while the rear building features a two-car garage with a charming apartment above - already occupied by an amazing, reliable tenant! The setup is ideal for maximizing cash flow or enjoying the convenience of living on-site while generating income. The two-car garage provides ample storage or parking, and the property's layout ensures privacy for all residents. Perfectly suited for those seeking a property that pays for itself, this is a rare find with built-in value from day one.
Listing Agent
C21 Thomson & Co. Brokerage Email: yetmanmaureen@gmail.com License #9695557 Listed on: 07/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,301
Year Built
- Built in 1924
Lot Details
- 0.36 Acre Lot
- Lot Dimensions are 50 x 314
Parking
- 2 Car Garage
Interior Spaces
- 1,420 Sq Ft Home
- 1-Story Property
- Basement Fills Entire Space Under The House
- Stove
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Furnace
- Separate Meters
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 32-00541-0000-00039
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 | $7,301 | $487,500 | $259,800 | $227,700 |
| 2024 | $6,992 | $443,800 | $221,200 | $222,600 |
| 2023 | $6,992 | $402,300 | $221,200 | $181,100 |
| 2022 | $5,787 | $348,100 | $176,500 | $171,600 |
| 2021 | $5,787 | $278,200 | $134,600 | $143,600 |
| 2020 | $5,708 | $267,000 | $127,800 | $139,200 |
| 2019 | $5,538 | $262,200 | $122,700 | $139,500 |
| 2018 | $5,682 | $262,200 | $97,200 | $165,000 |
| 2017 | $5,448 | $248,900 | $88,200 | $160,700 |
| 2016 | $5,649 | $265,100 | $101,700 | $163,400 |
| 2015 | $5,851 | $265,100 | $101,700 | $163,400 |
| 2014 | $5,999 | $265,100 | $101,700 | $163,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/27/2025 10/27/25 | Pending | -- | -- | -- |
| 08/08/2025 08/08/25 | Price Changed | $699,000 | -3.6% | $492 / Sq Ft |
| 07/29/2025 07/29/25 | For Sale | $725,000 | -- | $511 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22522617
APN: 32-00541-0000-00039
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