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Side-by-Side Duplex with Parking
For Sale
$449,500

243-245 Monmouth St, Hightstown, NJ 08520

Two residential units offer multi-level layouts, basement access, and substantial on-site vehicle parking.

Property Size19,998 SF
Price / SF$22.48
Days on Market50

Property Features for 243-245 Monmouth St

General Information

Standard status Active
Size 19,998 SF
Property subtype Residential Income
Zoning R3

Taxes and HOA fees

Annual Taxes $12,103

Amenities

Oil
Unfinished, Walk-Out Access
Electric Water Heater
Off Street
2-Two Story, Duplex-Side by Side

Building Details

Year Built 1926
Stories 2
Listing Agency: RE/MAX First Realty II
Listed By: DARRELL BAILEY · License #292273
Source: Evrealestate
Added: Jul 13 Changed: Aug 29 Last Checked: Aug 30 at 2:54PM

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 RE/MAX First Realty II

Investment Insights

Based on property information with market context.

Built in 1926 and zoned R3, this two-family property contains a pair of side-by-side residences, each arranged across two floors with attic access. Both units are configured with three bedrooms and 1.5 baths. The left residence includes an open main-level arrangement with living, dining, and kitchen areas, while the right residence requires complete renovation. Each side also has an interior basement connection and an exterior walkout through Bilco doors.

The property includes parking for 8+ cars. Two above-ground oil tanks are located in each basement. The building is offered strictly AS IS, with buyer responsibility for independent due diligence and municipal requirements. Entry into the right-side unit requires appropriate caution and a signed Hold Harmless Agreement, with licensed contractor presence recommended.

Key Highlights

  • Two side‑by‑side residential units, each with 3 bedrooms and 1.5 baths
  • Parking for 8+ cars
  • Built in 1926 and zoned R3

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Daycare Center Storage Facility Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

526
Businesses Nearby

Demographics for 08520, NJ

29,291
Population
11,271
Households
2.6
Avg Household Size
40
Median Age
46%
College-Educated
92%
High-School Grad
18.0 sq mi
ZIP Area
1,627
Density / Sq Mi
$116,282
Median Household Income
$52,890
Median Earnings
$1,556
Median Rent
$361,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer multi-level layouts, basement access, and substantial on-site vehicle parking.
Where is this duplex located?
The property is located at 243-245 Monmouth St Hightstown, NJ.
What is the asking price?
The asking price for this property is $449,500.
What are key features of this property?
This property features: Two side‑by‑side residential units, each with 3 bedrooms and 1.5 baths; Parking for 8+ cars; Built in 1926 and zoned R3
More about this property
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