1417 7th Avenue Neptune, NJ 07753
MULTI_FAMILY - Neptune Township, NJ
- Added:
- Dec 8, 2025
- Days on Market:
- 215
- Last Refresh:
- Jul 11 at 2:06 pm
Property Features for 1417 7th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 5, Basement, Bathroom 1, Bedroom 3
- Parking features
- On Street, Off Street
- Interior features
- Attic, Recessed Lighting
- Fencing
- Fenced
- Fireplace
- 1
- Basement
- Walk-Out Access, Full
- Standard status
- Pending
- APN
- 35-00410-0000-00025
- Size
- 2,010 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9820
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Radiant, Oil
- Cooling system
- Multi Units
- Water source
- Public
Building Details
- Year built
- 1942
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Wood, Vinyl, Tile - Ceramic, Linoleum
- Building materials
- Shingle Siding, Aluminum Siding
- Roof type
- Shingle
Listing agent Jennifer Niedrach (732) 577-0440
Listing office Weichert Realtors-Freehold 626 Route 9 S, Point Pleasant Beach, NJ (732) 577-0440
Listing date Dec 8, 2025
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located at 1417 7th Avenue in Neptune Township, New Jersey (Monmouth County). Utilities are set up with separate electric and gas meters, while the water/sewer and oil are shared. The outdoor space includes a large, fenced yard.
An upstairs tenant is in place on a month-to-month lease. With the combination of separate utilities and a shared yard, this configuration may appeal to buyers seeking an owner-occupied option or a hands-on renovation opportunity, depending on their goals.
Key Highlights
- 6‑bed, 2‑bath duplex with 3 bedrooms and a full bath in each unit
- Separate electric and gas meters; water/sewer and oil are shared between units
- Radiant heating with oil (oil tank above ground) plus gas service for water heater and cooking
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.4k | $25.56 |
| − Vacancy | −$3.3k | −$1.65 |
| EGI | $48.1k | $23.91 |
| − OpEx | −$14.4k | −$7.17 |
| NOI | $33.6k | $16.74 |
