Duplex with Oversized
For Sale
$1,569,000
108 Broad Street, Keyport, NJ 07735
Residential, Duplex, Keyport, NJ
Property Size4,000 SF
Price / SF$392.25
Days on Market58
Property Features for 108 Broad Street
General Information
Property type
Residential
Property subtype
Duplex
Property condition
Under Construction
Zoning description
Residential
Bedrooms
6
Bathrooms
5
Full bathrooms
4
Half bathrooms
2
Rooms
Bathroom 5, Bedroom 3, Bedroom 5, Bathroom 6, Bedroom 4, Bedroom 6, Bathroom 3, Bedroom 2, Bathroom 4, Bedroom 1, Bathroom 2, Bathroom 1
Parking features
Driveway, Oversize
Patio and Porch features
Patio
Interior features
Attic, Attic - Pull Down Stairs, Balcony, Ceilings - 9Ft+ 1st Flr, Dec Molding, Recessed Lighting
Exterior features
Balcony, Thermal Window
Lot features
Corner Lot
Elementary school
Central
Middle school
Central
High school
Keyport
Directions
Please use gps
Standard status
Active
APN
24-00060-0000-00006
Size
4,000 SF
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Zoned, Natural Gas
Cooling system
Central Air, Zoned
Water source
Public
Amenities
Juliet balconies
ceiling fans
2nd-floor laundry
Building Details
Year built
2026
Floors in Building
3
Flooring type
Engineered, Porcelain, Tile - Ceramic
Roof type
Shingle
Architectural style
Other
Buildings
1
Listing Agency:
Raritan Bay Realty
Listed By:
Christine Shwartz
(732) 654-0090
Added: Sep 8
Changed: Nov 4
Last Checked: Nov 4 at 4:06PM
MLS# 22628150
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.
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Investment Insights
Based on property information with market context.
Under construction, this duplex property combines two residential units in one offering, with approximately 4,000 square feet, six bedrooms, four full bathrooms and two half bathrooms. Each unit has open living and dining areas, a kitchen, and a Juliet balcony. Kitchen finishes include custom cabinetry, quartz counters, stainless steel appliances, tile backsplashes and pantry storage. Wood flooring, tiled bathrooms, crown molding and recessed lighting are among the interior features. Two-zone HVAC and second-floor laundry add practical utility.
The property includes two oversized two-car garages with direct entry. It is described as near shopping, schools, transportation and the waterfront.
The property includes two oversized two-car garages with direct entry. It is described as near shopping, schools, transportation and the waterfront.
Key Highlights
- Approximately 4,000 square feet with 6 bedrooms, 4 full bathrooms and 2 half bathrooms
- Two oversized 2‑car garages with direct interior entry
- Open living and dining areas in each unit, with Juliet balconies
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,945
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,338,900
$1.3M
Cap Rate 7%
$956,357
$956.4K
Cap Rate 9%
$743,833
$743.8K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$102.2K $25.56/SF
− Vacancy
−$6.6K −$1.65/SF
EGI
$95.6K $23.91/SF
− OpEx
−$28.7K −$7.17/SF
NOI
$66.9K $16.74/SF
Area
Monmouth County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,338,900
Cap Rate 7%
$956,357
Cap Rate 9%
$743,833
Alternative Uses
Best Use
Multifamily LT 5
$956.4K
$836.8K – $1.12M
NOI $66,945 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$878.7K
$768.9K – $1.03M
NOI $61,512 @ 7.0% cap · market cap 3.92%
Theoretical Best
Office A
$1.04M
$913.9K – $1.22M
NOI $73,114 @ 7.0% cap · market cap 4.66%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
822
Businesses Nearby
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Business Placement
Demographics for 07735, NJ
18,652
Population
8,411
Households
2.2
Avg Household Size
42
Median Age
33%
College-Educated
92%
High-School Grad
4.9 sq mi
ZIP Area
3,807
Density / Sq Mi
$98,760
Median Household Income
$57,988
Median Earnings
$1,520
Median Rent
$384,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The two-unit residence offers six bedrooms and two oversized garages with direct access to the interiors.
Where is this duplex located?
The property is located at 108 Broad Street Keyport, NJ.
What is the asking price?
The asking price for this property is $1,569,000.
What are key features of this property?
This property features: Approximately 4,000 square feet with 6 bedrooms, 4 full bathrooms and 2 half bathrooms; Two oversized 2‑car garages with direct interior entry; Open living and dining areas in each unit, with Juliet balconies
