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Updated Duplex Near Keansburg Beach

19 Bayview Avenue Keansburg, NJ 07734

19 Bayview Avenue, Keansburg, NJ, 07734
$599,000
For Sale
$599,000

Updated duplex near the beach, ideal for rental or owner-occupancy.

Property Size1,639 SF
Price / SF$365.47
Days on Market72

Property Features for 19 Bayview Avenue

General Information

Standard status
Active
Size
1,639 SF
Property subtype
Multi-Family / Duplex

Building Details

Year Built
1930
Listing Agency Coldwell Banker Realty
Listed by Jeanne A. Rich · License #8840733
Source Compass
Added: May 7 Checked: Jul 17 at 4:19 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty


Investment Insights

Based on property information with market context.

Located one block from the beach in Keansburg, this updated one-story duplex is suitable as an Airbnb, a long-term rental investment, or for owner-occupancy with income potential. Each unit features 2 bedrooms, 1 full bath, and a bonus room. The units include modern lighting, oversized white shaker cabinets, butcher block countertops, tiled backsplash, new porcelain flooring, central air, and freshly painted interiors. The primary bedrooms have walk-in closets. Side entrances provide access to the backyard. The right unit includes a driveway and an outdoor storage closet. Separate gas and electric meters, furnaces, and tankless water heaters provide convenience and efficiency. The property size is 1639 square feet.

Key Highlights

  • One block from the beach in Keansburg.
  • Updated duplex, ideal for Airbnb, long‑term rental, or owner‑occupant with income potential.
  • Each unit features 2 bedrooms, 1 bath, and a bonus room.

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 $41.9k $25.56
− Vacancy −$2.7k −$1.65
EGI $39.2k $23.91
− OpEx −$11.8k −$7.17
NOI $27.4k $16.74
1,639 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$391.9K
$342.9K – $457.2K (±1% cap)
NOI $27,431 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$360.1K
$315.1K – $420.1K (±1% cap)
NOI $25,205 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$428.0K
$374.5K – $499.3K (±1% cap)
NOI $29,958 @ 7.0% cap · market cap 5.00%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Hair Salon Spa & Massage Center Law Firm Dental Office Nail Salon Parking Lot & Garage Skin Care Clinic Gym & Fitness Center Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Duplex - Updated duplex near the beach, ideal for rental or owner-occupancy.
Where is this duplex located?
The property is located at 19 Bayview Avenue Keansburg, NJ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: One block from the beach in Keansburg.; Updated duplex, ideal for Airbnb, long‑term rental, or owner‑occupant with income potential.; Each unit features 2 bedrooms, 1 bath, and a bonus room.
Contact an agent
More about this property
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