48 Port Monmouth Road

Keansburg, NJ 07734

$420,000
Price
Beds
1,530 Sq. Ft.
$275 / Sq. Ft.
1,530
Sq. Ft.
$275
per Sq. Ft.

Description

Ready-to-own 2-apartment investment property. Two-story duplex with a two-bedroom/1 bathroom apartment on each floor. Both apartments are currently occupied with great long-term tenants. Reliable monthly cash flow of $3020/mo. Nice residential area; building is on corner lot. Property renovated in 2018 and has been well maintained. Unit #1 has a washer and dryer, Unit #2 includes attic storage. Off-street paved parking area for 3 vehicles. Front yard sets the front back from street, spacious backyard....Ready-to-own 2-apartment investment property. Two-story duplex with a two-bedroom/1 bathroom apartment on each floor. Both apartments are currently occupied with great long-term tenants. Reliable monthly cash flow of $3020/mo. Nice residential area; building is on corner lot. Property renovated in 2018 and has been well maintained. Unit #1 has a washer and dryer, Unit #2 includes attic storage. Off-street paved parking area for 3 vehicles. Front yard sets the front back from street, spacious backyard. Newer heating systems and insulated crawlspace. In a non-flood zone (Zone X). Viewing by appointment, weekday evenings after 6 pm and weekend days. Please note First floor unit can be viewed after 12/23. Great investment opportunity in up-and-coming Keansburg. Offered by the owner agent.
  1. Listed by Teresa (Tess) Elkins • PALM TREE REALTY

Property Details for 48 Port Monmouth Road

City/Community
Keansburg
Class
MULTI-FAMILY
Parking - Exterior
Three or More Cars
Waterfront (Y/N)
No
Zoned
R5
LISTING UPDATED: 12/15/2024 09:00 PM

Property Details for 48 Port Monmouth Road

StatusActive
MLS #591453
Days on Market5
Taxes$6,813 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Duplex
Year Built1938
Lot Size40.00 AC / 1,742,400 SF
CountyMonmouth County

Building Information for 48 Port Monmouth Road

Stories-Residences2Year Built1938Building Size-Lot Size40.00 AC / 1,742,400 SF

Property Information for 48 Port Monmouth Road

Summary
Location and General Information
  • Address: 48 Port Monmouth Rd Road
  • Address Number: 48
  • Address Search Number: 48
  • Address Street: Port Monmouth Rd
  • Area: Keansburg
  • County: Monmouth
  • Directions: From Rt 35 N, right on Main St, 1/2 mile turn right on Port Monmouth Rd. then 2 blocks on right.
  • Location: Corner
  • State: NJ
  • Street Designation: Road
  • Zip: 07734
Owner
  • Owner: Tess Elkins
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 12-12-2024
  • Tax Year: 2024
  • Taxes: 6813
Property
Lot Information
  • Approved Short Sale?: N/A
  • Approx SQFT: 1530
  • Block #: 168
  • Lot #: 26
  • Lot Dimensions: 40 X 110
Property and Assessments
  • Age: 25+ Years
  • Associated Document Count: 3
  • Doc Timestamp: 12-13-2024
  • Estate Y/N: No
  • Flood Plain (Y/N): No
  • Improved Value: $153,200
  • Land Value: $199,500
  • Total Assessment: 352700
  • Water: Public
  • Year Built: 1938
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Driveway: Blacktop, Shared
  • Outside Features: Porch, Sidewalks
  • Siding/Exterior: Vinyl
  • Storms/Screens: Screens, Storms
Interior Features
  • Air Conditioning: Window Units
  • Appliances: Gas Stove, Refrigerator
  • Basement: Crawl Space
  • Heating: Baseboard, Gas-Natural, Hot Water
  • Other Rooms: Laundry/Utility Rm, Storage Attic
Multi Family
Multi-Family Information
  • # of 2 Bedroom Units: 2
  • Annual Electric: 1920
  • Annual Electric (O/T): Tenant
  • Annual Gas: 1200
  • Annual Gas (O/T): Tenant
  • Annual Sewer: 1025
  • Annual Sewer (O/T): Owner
  • Annual Taxes: 6813.4
  • Annual Taxes (O/T): Owner
  • Annual Water: 780
  • Annual Water (O/T): Owner
  • Available: Lease Information, Survey
  • Conforming (Y/N): Yes
  • Limited Service (Y/N): No
  • Number Of Units: 2
  • Owner Occupied (Y/N): No
  • Rent Control (Y/N): No
  • Rental Information: 100 Percent Occupancy, Security Deposit, See Remarks, Yearly
  • Separate Meters: Electric, Gas, Heat, Hot Water
  • Suitable For: Multi Family + Rooms
  • Total Income: 3020
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Facing: North
  • Unit 1 Level: Lower
  • Unit 1 Rent: 1695
  • Unit 1 Rooms: 5
  • Unit 1 Unit: 850
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Bedrooms: 2
  • Unit 2 Facing: North
  • Unit 2 Level: Upper
  • Unit 2 Rent: 1325
  • Unit 2 Rooms: 5
  • Unit 2 Unit: 730

Property History for 48 Port Monmouth Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 48 Port Monmouth Road

Taxable ValueLand$119,500Additions$158,100Total$277,600
Tax Record2022$6,560 ($547 / month)
Home Facts
Beds4Total Finished SqFt1,530 SqFtAbove Grade Finished SqFt1,530 SqFtStories3Lot Size4,400 SqFtStyleSingle Family ResidenceYear Built1938Zoning820CountyMONMOUTHAPN23 00168-0000-00026

Schools near 48 Port Monmouth Road

This home is within Keansburg School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Joseph C Caruso School
PublicK to 5

Joseph R Bolger Mid School
Public6 to 8

Keansburg High School
Public9 to 12

St. Ann School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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48 Port Monmouth Road is a multi-family home for sale in Keansburg, NJ 07734. This property was listed for sale on December 12, 2024 by PALM TREE REALTY, it's currently listed at $420,000. It has been on the market for a total of 5 days and was last sold on April 17, 2017. This listing's school district is Keansburg School District. Nearby schools include Joseph C Caruso School, Joseph R Bolger Mid School and Keansburg High School. 48 Port Monmouth Road is a 0-bed, 0-bath, 1,530 sqft multi-family home built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of PALM TREE REALTY

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.