56 Railroad Ave Belford, NJ 07718
Estimated payment $3,592/month
Total Views
6,257
--
Bed
4.5
Baths
2,443
Sq Ft
$211
Price per Sq Ft
Highlights
- Hot Property
- 0.37 Acre Lot
- 2 Car Attached Garage
- Granite Flooring
- Atrium Room
- Oversized Parking
About This Home
This expansive multi-generational haven offers exceptional versatility and significant income potential, perfectly suited for today's evolving lifestyle needs. The property features a main residence complete with a welcoming 17x6 covered porch, a warm oak kitchen, gleaming hardwood floors, and an oversized two-car garage—ideal for storage or hobby space.
The mother's apartment provides its own independent comfort with a kitchen, combined living/dining area, three spacious bedrooms, and two full baths—perfect for extended family, guests, or long-term rental. A separate three-room rental unit offers even more earning potential, whether used for short-term stays, a tenant, or a home office suite.
For investors seeking future growth, the left-side portion of the property offers subdivision potential, opening the door for additional income or development opportunities.
Sold "as is", this property invites your personal touchjust some cleaning, fresh paint, and updates can quickly transform it into a highly desirable asset. With the growing popularity of versatile living arrangements and income-producing properties, this is a rare opportunity to own a home that works as hard as you doproviding comfort, flexibility, and strong return potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,435
Year Built
- Built in 1908
Lot Details
- 0.37 Acre Lot
- Lot Dimensions are 145 x 112
Parking
- 2 Car Attached Garage
- Oversized Parking
- Parking Storage or Cabinetry
- On-Street Parking
Home Design
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,443 Sq Ft Home
- Atrium Room
Flooring
- Granite
- Marble
- Ceramic Tile
Basement
- Partial Basement
- Crawl Space
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
- Radiant Heating System
- Natural Gas Water Heater
- Cable TV Available
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 32-00295-0000-00018
Map
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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 |
|---|---|---|---|---|
| 2024 | $7,656 | $514,200 | $320,200 | $194,000 |
| 2023 | $7,656 | $440,500 | $251,100 | $189,400 |
| 2022 | $7,582 | $432,600 | $220,800 | $211,800 |
| 2021 | $7,582 | $364,500 | $176,200 | $188,300 |
| 2020 | $6,993 | $327,100 | $154,300 | $172,800 |
| 2019 | $6,934 | $328,300 | $154,300 | $174,000 |
| 2018 | $7,095 | $327,400 | $161,500 | $165,900 |
| 2017 | $7,031 | $321,200 | $160,400 | $160,800 |
| 2016 | $8,317 | $390,300 | $160,400 | $229,900 |
| 2015 | $8,598 | $389,600 | $160,400 | $229,200 |
| 2014 | $8,371 | $369,900 | $160,400 | $209,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | For Sale | $515,000 | -- | $211 / Sq Ft |
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $179,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $138,000 | No Value Available | |
| Open | $425,000 | Credit Line Revolving | |
| Closed | $228,000 | New Conventional | |
| Closed | $165,542 | FHA |
Source: Public Records
About the Listing Agent
I'm an expert real estate agent with The Real Estate Leaders brokered by eXp Realty in Red Bank, NJ and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.
Carole's Other Listings
-
$565,000 Sold Jan 10, 2025
- 6 Beds
- 2 Baths
- 2,388 Sq Ft
- 6 Murphy Rd
- Port Monmouth, NJ
Great multi-generational home! Renovations done in 2000. Lots of space. 4 Bedrooms on the lower level and 2 bedrooms on the upper level. Upstairs has tray type ceilings and huge living space. French doors leading to large deck Lower level has large kitchen with lots of cabinets, granite counters, vinyl flooring, and features a corner booth eating area. Large living room with 3 good sized
Carole Kubis EXP REALTY, LLC
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)
MLS Number: 22524768
APN: 32-00295-0000-00018
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