289 Port Monmouth Rd North Middletown, NJ 07748
Estimated payment $4,069/month
Highlights
- Air Conditioning
- 1 Car Garage
- 1-Story Property
About This Home
Versatile Multi-Family Property with Rental and Commercial Potential!! Exceptional opportunity to own a unique multi-family property offering flexible use and strong income potential. The front building features a partial basement, spacious 2-bedroom, 1-bath apartment plus a separate efficiency unit with its own entrance—formerly used commercially and eligible for reactivation under current zoning regulations. Ideal for a small business, studio, or additional rental income. Tucked behind the main home is a second building with two well-kept rental units—one upstairs and one downstairs plus a one car garage and nice grounds with plenty of parking. Set on a generous lot, this property delivers multiple streams of income with the added bonus of commercial versatility. Whether you're an investor or an owner-occupant looking to maximize returns this property is for you.
Listing Agent
C21 Thomson & Co. Brokerage Email: yetmanmaureen@gmail.com License #9695557 Listed on: 06/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,348
Year Built
- Built in 1930
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 86 x 110
Parking
- 1 Car Garage
Interior Spaces
- 1-Story Property
- Partial Basement
- Stove
- Washer and Dryer Hookup
Schools
- Ocean Elementary School
- Thorne Middle School
- Middle North High School
Utilities
- Air Conditioning
- Multiple cooling system units
- Furnace
- Heating System Uses Natural Gas
- Separate Meters
- Natural Gas Water Heater
Community Details
- 4 Units
Listing and Financial Details
- Exclusions: Tenants personal property
- Assessor Parcel Number 32-00011-0000-00013
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 | $6,348 | $398,200 | $205,000 | $193,200 |
| 2024 | $5,562 | $385,900 | $196,200 | $189,700 |
| 2023 | $5,562 | $320,000 | $165,400 | $154,600 |
| 2022 | $6,055 | $309,800 | $158,500 | $151,300 |
| 2021 | $6,055 | $291,100 | $156,600 | $134,500 |
| 2020 | $6,160 | $288,100 | $156,600 | $131,500 |
| 2019 | $6,068 | $287,300 | $156,600 | $130,700 |
| 2018 | $6,182 | $285,300 | $156,600 | $128,700 |
| 2017 | $6,212 | $283,800 | $159,000 | $124,800 |
| 2016 | $6,103 | $286,400 | $157,000 | $129,400 |
| 2015 | $6,321 | $286,400 | $157,000 | $129,400 |
| 2014 | $6,230 | $275,300 | $157,000 | $118,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | Pending | -- | -- | -- |
| 06/11/2025 06/11/25 | For Sale | $675,000 | -- | -- |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22517068
APN: 32-00011-0000-00013
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