25 Florida Grove Rd, Keasbey, NJ 08832
- Added:
- Apr 20, 2026
- Days on Market:
- 74
- Last Refresh:
- Jul 2 at 10:06 pm
Property Features for 25 Florida Grove Rd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 3, Bathroom 3, Basement
- Parking
- 4
- Patio and Porch features
- Patio
- Interior features
- Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Wood Floors
- Exterior features
- Gazebo, Patio, Storage, FencWood
- Fencing
- Fenced
- Standard status
- Pending
- Size
- 2,084 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 13089
Utilities
- Sewer type
- Public Sewer
- Heating system
- Steam, Other (Heating)
- Water source
- Public
Building Details
- Year built
- 1935
- Floors in Building
- 2
- Number of units
- 2
- Roof type
- Shingle
- Architectural style
- Other
- Additional Structures
- Gazebo, Storage
Listing agent DEISY GAMEZ AGUIRRE (973) 539-6300
Listing office RE/MAX SELECT 137 ELMER STREET -, Morristown, NJ (908) 233-9292
Listing date Apr 20, 2026
Copyright © 2026 Garden State MLS, LLC. 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‑family property being sold as‑is; each unit offers 2 bedrooms and 1 full bath
- Finished basement with a full bathroom, playroom, and additional space
- Fenced backyard with gazebo and patio
- Includes driveway, garage, and shed/storage
- Wood floors; includes smoke detectors and fire extinguisher
- Public water and public sewer; separate utilities; roof is shingle; year built 1935
Overview
The home includes a driveway and garage, along with a fenced backyard that features a gazebo and a shed. The lot is sized at 0.12 acres, and the total property size is listed as 2,084 square feet.
Designed for tenants, buyers, or owner-occupants seeking a straightforward two-unit setup, this property offers an on-site configuration with independent utilities and multiple rooms in the finished basement. With one unit currently vacant and delivery vacant overall, it may be well suited for buyers looking to customize finishes or plan occupancy at close.
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 | $53.3k | $25.56 |
| − Vacancy | −$3.4k | −$1.65 |
| EGI | $49.8k | $23.91 |
| − OpEx | −$14.9k | −$7.17 |
| NOI | $34.9k | $16.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Keasbey
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.29372
- Latitude
- 40.51634
