Updated Duplex Near Keansburg
19 Bayview Avenue Keansburg, NJ 07734
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 Market82
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
(732) 671-1000
Listed By:
Jeanne A. Rich · License #8840733
(732) 671-1000
Source:
Compass
Added: May 7
Changed: Jul 10
Last Checked: Jul 23 at 10:16AM
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.
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
NOI $27,431 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$360.1K
$315.1K – $420.1K
NOI $25,205 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$428.0K
$374.5K – $499.3K
NOI $29,958 @ 7.0% cap · market cap 5.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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.
