191-193 Park Avenue, Keansburg, NJ 07734
MULTI_FAMILY - Keansburg, NJ
- Added:
- Jun 22, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 22 at 2:06 pm
Property Features for 191-193 Park Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 5, Basement, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 4
- Fireplace
- 1
- Standard status
- Active
- APN
- 23-00042-0000-00002
- Size
- 2,840 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11694
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air, Zoned
- Water source
- Public
Building Details
- Year built
- 1945
- Number of units
- 2
Listing agent Christine Feola (732) 746-3654
Listing office Real Broker, LLC- Point P 2430 Highway 34 Bldg A, Point Pleasant Beach, NJ (732) 746-3654
Listing date Jun 22, 2026
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.
HighLights
- Two detached homes at 191 Park Ave (2 bedrooms, 1 full bath) and 193 Park Ave (3 bedrooms, 1 full bath)
- Just two blocks from Ideal Beach and Keansburg Beach
- Both homes have newer roofs (less than 1 year old)
- Owned solar panels on both homes to help offset energy costs
- Heating: forced air; cooling: central air with zoned system
- Fireplace included; public water and public sewer
Overview
The homes are located in Keansburg, New Jersey, within two blocks of Ideal Beach and Keansburg Beach. This coastal proximity supports a buyer or owner-operator looking for a beach-area property layout that can support either dual occupancy or rental income.
For an owner seeking flexibility, the duplex configuration allows you to live in one detached home and rent the other, or rent both homes as residential income units. With distinct bedroom counts across the two residences, the property can also be appealing to tenants looking for different-sized homes within the same investment asset. The recently updated roofing and presence of owned solar panels are tangible improvements that prospective occupants and buyers may value when evaluating day-to-day ownership considerations.
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 | $72.6k | $25.56 |
| − Vacancy | −$4.7k | −$1.65 |
| EGI | $67.9k | $23.91 |
| − OpEx | −$20.4k | −$7.17 |
| NOI | $47.5k | $16.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Keansburg
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.119491
- Latitude
- 40.445505
