$435,000
SOLD JUN 6, 2025

48 Port Monmouth Rd Keansburg, NJ 07734

4 Beds
2 Baths
1,580 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$275 Per Sq Ft

4% Above List Price

47 Days on Market

Highlights

  • Corner Lot
  • Cooling Available
  • Baseboard Heating

About This Home

As of June 2025

Great investment opportunity in Keansburg to own a 2-Family Home on a Corner Lot. Home was renovated in 2018, is well-maintained, and it's not in a flood zone—a major plus! Each unit features 2 bedrooms and 1 bath, with separate exterior entrances for added privacy. Furnaces 6 years old. Yearly Rent Roll is $36,240. The 1st Floor 850 sq ft unit includes a separate mechanical room, comes with a washer & dryer and rents for $1,695 monthly. The 2nd Floor 730 sq ft unit offers a walk-up attic with a boarded floor, providing excellent storage and rents for $1,325 monthly. The property has a paved 3-car driveway & each unit has separate gas & electric meters. The Landlord pays water/sewer & yard maintenance, while tenants cover gas, electric, and snow removal. Make your offer today!

Last Agent to Sell the Property

Jeanne Rich

Coldwell Banker Realty Brokerage Phone: 732-439-0016 License #8840733 Listed on: 04/06/2025

Coldwell Banker Realty

Last Buyer's Agent

Anthony Trano

Keller Williams Park Views License #2185265

Keller Williams Park Views

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,813

Year Built

  • Built in 1938

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 40 x 110
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,580 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Walkup Attic
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Paved Parking
  • Off-Street Parking

Schools

  • J. C. Caruso Elementary School
  • J. R. Bolger Middle School
  • Keansburg High School

Utilities

  • Cooling Available
  • Furnace
  • Baseboard Heating
  • Separate Meters
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for snow removal, heat
  • The owner pays for grounds care, water, sewer, garbage removal
  • Assessor Parcel Number 23-00168-0000-00026

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $922
  • Water Sewer Expense $1,800
  • Gross Income $36,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,813

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Attribution Contact: 732-439-0016
  • ResoLotFeatures: Corner Lot, Level
  • Subdivision Name: None
  • Reso Flooring: See Remarks
  • Reso Interior Features: Attic - Walk Up
  • New Construction: No
  • Year Built: 1938
  • Contract Info List PriceSqFt: 265.82
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 40 x 110
  • Location Middle School: J. R. Bolger
  • Lot Description Corner Lot: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • Interior Attic - Walk Up: Yes
  • Unit 1 Electric Meter: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Electric Meter2: Yes
  • Unit 2 Furnace2: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Income Expenses Insurance Expense: 922.0
  • Income Expenses WaterSewer Expense: 1800.0
  • Income Expenses Gross Income2: 36240.0
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Roof:Shingle3: Yes
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.1
  • Waterfront: No

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved, Off Street, None
  • General Property Info:Garage: No
  • ParkingOffStreet: Yes
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes

Fee Information

  • Annual Water Sewer Expense: 1800.0

Schools

  • Middle Or Junior School: J. R. Bolger

Lot Info

  • Lot Dimensions: 40 x 110
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 23-00168-0000-00026

Rental Info

  • Tenant Pays: Snow Removal, Heat
  • Owner Pays: Grounds Care, Water, Sewer, Garbage Removal

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6813.0
  • Tax Other Annual Assessment Amount: 309700.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 36240.0
  • Insurance Expense: 922.0

MLS Schools

  • Elementary School: J. C. Caruso
  • High School: Keansburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2025
Closed on
May 29, 2025
Sold by
Tazmanian Investments Llc
Bought by
Guinta Santo
Seller's Agent
Jeanne Rich
Coldwell Banker Realty
Buyer's Agent
Anthony Trano
Keller Williams Park Views
List Price
$420,000
Sold Price
$435,000
Premium/Discount to List
$15,000
3.57%
Views
65
Current Estimated Value
$439,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,578
Avg. Annual Appreciation
2.07%
Original Mortgage
$299,950
Outstanding Balance
$299,172
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$140,406

Purchase Details

Listed on
Feb 27, 2017
Closed on
Mar 29, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tazmanian Investements Llc
Seller's Agent
John Papa
Coldwell Banker Realty
Buyer's Agent
John Papa
Coldwell Banker Realty
Sold Price
$84,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.23%

Purchase Details

Closed on
Jun 14, 2000
Sold by
Lawrie Brian
Bought by
Craven Steve and Craven Eve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,307
Interest Rate
8.59%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 1999
Sold by
Federal National Mortgage Association
Bought by
Lawrie Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Interest Rate
7.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 1996
Sold by
Smith Jeff
Bought by
Sousa Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8.18%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 1995
Sold by
Logan Howard
Bought by
Gaviria Mike and Roberts Jim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
7.62%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 13, 1995
Sold by
Gaviria Michael
Bought by
Smith Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
7.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $428,500 Old Republic Title
Deed $428,500 Old Republic Title
Deed $84,900 None Available
Deed $77,500 --
Deed $61,000 --
Deed $115,000 --
Deed $30,000 --
Deed $71,350 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $299,950 New Conventional
Closed $299,950 New Conventional
Previous Owner $75,307 FHA
Previous Owner $54,900 Commercial
Previous Owner $104,000 Commercial
Previous Owner $47,000 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2025 06/06/25 Sold $435,000 +3.6% $275 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
04/06/2025 04/06/25 For Sale $420,000 0.0% $266 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
03/06/2025 03/06/25 For Sale $420,000 +394.7% $266 / Sq Ft
04/17/2017 04/17/17 Sold $84,900 -- $55 / 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 $6,813 $352,700 $199,500 $153,200
2024 $7,190 $309,700 $159,300 $150,400
2023 $7,190 $277,600 $119,500 $158,100
2022 $6,312 $259,600 $105,800 $153,800
2021 $6,312 $205,200 $80,800 $124,400
2020 $6,047 $150,900 $37,900 $113,000
2019 $5,883 $148,600 $36,400 $112,200
2018 $5,559 $142,200 $32,400 $109,800
2017 $5,465 $144,000 $33,400 $110,600
2016 $5,389 $147,800 $25,400 $122,400
2015 $5,419 $154,700 $35,400 $119,300
2014 $6,632 $194,900 $55,400 $139,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22506105

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 23-00168-0000-00026