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Side-by-Side Duplex
For Sale
Under Contract
$449,500

243-245 Monmouth Street, Hightstown, NJ 08520

Residential Income, Hightstown, NJ

Property SizeContact for details
Lot Size22.91 Acres
Days on Market44

Property Features for 243-245 Monmouth Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R3
Zoning description Buyer Should Verify
Bathrooms 2
Full bathrooms 2
Rooms Dining Room, Basement, Bathroom 1, Bathroom 2
Patio and Porch features Porch
Interior features Unit 1(Dining Room, 3 Bedrooms, Kitchen, Living Room, 1 1/2 Baths, See Remarks), Unit 2(Dining Room, 3 Bedrooms, Kitchen, Living Room, 1 1/2 Baths)
Exterior features Porch(es) - Open, Storage Shed, Yard, Porch
Appliances Water Heater(Electric), Water Heater
Lot features Level
Elementary school district East Windsor Regional School D
Middle school district East Windsor Regional School D
High school district East Windsor Regional School D
Directions GSP S & I-95/NJ Tpke S to NJ-33 W exit, then Monmouth St, Hightstown
Standard status Active Under Contract
APN 2004000110000000030000
Lot size 22.91 Acres

Taxes and HOA fees

Tax Annual Amount 12103

Utilities

Sewer type Public Sewer
Heating system Steam, Other (Heating)
Water source Public

Building Details

Year built 1926
Floors in Building 2
Building materials Clapboard, Wood Siding
Roof type Asphalt
Additional Structures See Remarks, Storage
Listing Agency: RE/MAX FIRST REALTY II · RE/MAX International
Listed By: Darrell Bailey · License #292273
Added: Jul 13 Changed: Aug 19 Last Checked: Aug 25 at 6:06AM
MLS# 2700741R

Copyright © 2026 All Jersey 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.

This side-by-side duplex at 243-245 Monmouth Street is zoned R3 and built in 1926. The property offers two units, each with three bedrooms and 1.5 baths, arranged over two floors plus an attic. The left-side unit is described as being in fair condition with an open concept main level including a living room, dining area, and kitchen. The second floor includes three bedrooms, a full bathroom, and access to the attic. The right-side unit is described as requiring a complete renovation, and access is cautioned against unless a licensed contractor is present.

Each unit provides basement access from within, with exterior Bilco doors. The basements contain two above-ground oil tanks for each unit. Heating is described as steam, and the property has public water and public sewer service.

Exterior features include porches, a storage shed, and a yard. Construction materials are clapboard with wood siding, and the roof is asphalt.

Key Highlights

  • Zoned R3 side‑by‑side duplex built in 1926
  • Two units with three bedrooms and 1.5 baths each, plus attic space
  • Basements accessed from within each unit with exterior Bilco doors

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Daycare Center Storage Facility Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

526
Businesses Nearby

Demographics for 08520, NJ

29,291
Population
11,271
Households
2.6
Avg Household Size
40
Median Age
46%
College-Educated
92%
High-School Grad
18.0 sq mi
ZIP Area
1,627
Density / Sq Mi
$116,282
Median Household Income
$52,890
Median Earnings
$1,556
Median Rent
$361,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Side-by-side duplex zoned R3 with two 3-bedroom, 1.5-bath units, plus basements with exterior Bilco doors.
Where is this duplex located?
The property is located at 243-245 Monmouth Street Hightstown, NJ.
What is the asking price?
The asking price for this property is $449,500.
What are key features of this property?
This property features: Zoned R3 side‑by‑side duplex built in 1926; Two units with three bedrooms and 1.5 baths each, plus attic space; Basements accessed from within each unit with exterior Bilco doors
More about this property
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