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    251 Main St Middletown, NJ 07748

    Pending
    For Sale
    $699,000

    MULTI_FAMILY - Middletown, NJ

    Property size:
    1,420 SF
    Lot size:
    0.36 Acres
    Days on Market:
    10
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 251 Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Basement, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 2
    Bedrooms
    3
    Bathrooms
    2
    APN
    32-00541-0000-00039
    Basement
    Full
    Size
    1,420 SF
    Lot size
    0.36 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1924
    Floors in Building
    1
    Number of units
    1

    C21/ Thomson & Co. (732) 945-7035

    Listing agent Maureen Yetman (732) 945-7035

    Listing date Nov 26, 2025

    MLS# 22522617 Listing URL

    Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Middletown Multifamily Investment Opportunity

    This multifamily property in Middletown, NJ, presents an investment opportunity for both owner-occupants and investors. The front home can serve as a primary residence or an additional source of rental income. The rear building includes a two-car garage with an apartment above, which is currently occupied by a tenant. The property is suited for maximizing cash flow or for those seeking the convenience of on-site living while generating income. The two-car garage provides storage or parking. The property is situated on a lot of 0.36 acres and includes a building with 1420 square feet of space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.111627
    Latitude
    40.42472

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    FAQs

    What type of property is this?
    Apartment building - Versatile property with income potential in Middletown, NJ.
    Where is this apartment building located?
    The property is located at 251 Main St Middletown, NJ.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: - Income-generating property with existing tenant.; - Versatile setup suitable for owner-occupancy or investment.; - Two-car garage with apartment above.
    (732) 945-7035
    Request Owner's contact information
    251 Main St Middletown, NJ 07748
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    251 Main St Middletown, NJ 07748
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