North Middletown Multifamily For
289 Port Monmouth Road North Middletown, NJ 07748
289 Port Monmouth Road, North Middletown, NJ, 07748
$650,000
Pending
For Sale
$650,000
Pending
MULTI_FAMILY - North Middletown, NJ
Property Size1,750 SF
Lot Size0.21 Acres
Days on Market60
Property Features for 289 Port Monmouth Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3, Basement
- Basement
- Partial
- Standard status
- Pending
- APN
- 32-00011-0000-00013
- Size
- 1,750 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6427
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Multi Units
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 1
- Number of units
- 4
Listing Agency
Green Light Realty
(732) 251-2500
1109 Englishtown Rd., Old Bridge, NJ
Listed by
George Meyers Jr.
(732) 251-2500
Added: May 19 Checked: Jul 17 at 1:06 pm
MLS# 22614793
Listing URL
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.
This multifamily property is located in North Middletown, New Jersey. The property is situated on a lot of approximately 0.21 acres and includes 1,750 square feet of space. More information and pictures are forthcoming.
Key Highlights
- Year built: 1930
- Public water supply
- Public sewer service
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 | $44.7k | $25.56 |
| − Vacancy | −$2.9k | −$1.65 |
| EGI | $41.8k | $23.91 |
| − OpEx | −$12.6k | −$7.17 |
| NOI | $29.3k | $16.74 |
1,750 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$418.4K
$366.1K – $488.1K
NOI $29,288 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$384.5K
$336.4K – $448.5K
NOI $26,912 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$457.0K
$399.8K – $533.1K
NOI $31,987 @ 7.0% cap · market cap 4.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Multifamily property in North Middletown, New Jersey.
Where is this quadplex located?
The property is located at 289 Port Monmouth Road North Middletown, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Year built: 1930; Public water supply; Public sewer service
