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Two-Home Duplex Property
For Sale
$600,000

250 Broad Street, Keyport, NJ 07735

Multi-Family, Keyport, NJ

Property Size1,914 SF
Lot Size0.13 Acres
Price / SF$313.48
Days on Market138

Property Features for 250 Broad Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bedroom 1, Bathroom 1, Basement, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 3
Parking features On Street
Patio and Porch features Patio
Interior features Attic - Walk Up
Exterior features Lighting
Basement Full
Lot features Corner Lot
Elementary school St. Josephs
Middle school Central
High school Keyport
Directions Route 36 to Broad Street
Standard status Active
APN 24-00056-0000-00003
Size 1,914 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 11554

Utilities

Sewer type Public Sewer
Water source Public

Amenities

off-street parking

Building Details

Year built 1900
Floors in Building 2
Number of units 2
Building materials Aluminum Siding
Roof type Shingle
Listing Agency: Preferred Properties Real Estate
Listed By: Francine Taglianetti
Added: Jun 4 Changed: Oct 2 Last Checked: Oct 19 at 2:06PM
MLS# 22616822

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.

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Investment Insights

Based on property information with market context.

This duplex property comprises two residences on one parcel, including a three-bedroom home and a separate one-bedroom home. The combined property size is 1,914 square feet on 0.13 acres. Original construction dates to 1900, with aluminum siding, shingle roofing, a walk-up attic, interior basement space, exterior lighting, and a patio. Public water and public sewer serve the property.

Located at 250 Broad Street in Keyport, the property offers access to the Garden State Parkway and NYC transportation. Shopping, dining, and waterfront parks are also identified in the surrounding area. The layout supports separate residential accommodations within one duplex asset.

Key Highlights

  • Two residences on one parcel: 3‑bedroom home plus 1‑bedroom home
  • 1,914‑square‑foot property on 0.13 acres
  • Built in 1900 with aluminum siding and a shingle roof

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,033
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$640,660 $640.7K
Cap Rate 7%
$457,614 $457.6K
Cap Rate 9%
$355,922 $355.9K
Market Conditions
NOI Build-Up for 1,914 SF
Gross rent
$48.9K $25.56/SF
− Vacancy
−$3.2K −$1.65/SF
EGI
$45.8K $23.91/SF
− OpEx
−$13.7K −$7.17/SF
NOI
$32.0K $16.74/SF
Area
Monmouth County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$640,660
Cap Rate 7%
$457,614
Cap Rate 9%
$355,922

Alternative Uses

Best Use
Multifamily LT 5
$457.6K
$400.4K – $533.9K (±1% cap)
NOI $32,033 @ 7.0% cap · market cap 5.34%
Second Best
Apartment 5plus
$420.5K
$367.9K – $490.6K (±1% cap)
NOI $29,433 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$499.8K
$437.3K – $583.1K (±1% cap)
NOI $34,985 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

904
Businesses Nearby

Demographics for 07735, NJ

18,652
Population
8,411
Households
2.2
Avg Household Size
42
Median Age
33%
College-Educated
92%
High-School Grad
4.9 sq mi
ZIP Area
3,807
Density / Sq Mi
$98,760
Median Household Income
$57,988
Median Earnings
$1,520
Median Rent
$384,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate three-bedroom and one-bedroom residences share a single Keyport parcel with patio space and public utilities.
Where is this duplex located?
The property is located at 250 Broad Street Keyport, NJ.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two residences on one parcel: 3‑bedroom home plus 1‑bedroom home; 1,914‑square‑foot property on 0.13 acres; Built in 1900 with aluminum siding and a shingle roof
More about this property
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