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Two-Home Residential Income Property

250 Broad Street Keyport, NJ 07735

250 Broad Street, Keyport, NJ, 07735
$600,000
For Sale
$600,000

MULTI_FAMILY - Keyport, NJ

Property Size1,914 SF
Lot Size0.13 Acres
Price / SF$313.48
Days on Market48

Property Features for 250 Broad Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 1, Basement, Bathroom 1
Parking features
On Street
Patio and Porch features
Patio
Interior features
Attic - Walk Up
Exterior features
Lighting
Basement
Full
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

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
1915 Highway 35 Unit 3, Allenhurst, NJ
Listed by Francine Taglianetti
Added: Jun 4 Updated: Jul 11 at 8:34 am Checked: Jul 21 at 6:06 am
MLS# 22616822 Listing URL

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.


Investment Insights

Based on property information with market context.

This property features two separate homes on one lot, totaling 1,914 square feet on a 0.13-acre parcel. One residence is configured as a 3-bedroom home, while the second includes a 1-bedroom layout. Both homes share the same property footprint and are served by off-street parking.

Located at 250 Broad Street in Keyport, NJ, the home is described as being just minutes from the Garden State Parkway, with convenient access to NYC transportation, as well as shopping, dining, and waterfront parks.

Key Highlights

  • Two homes on one property, offering a 3‑bedroom home plus a 1‑bedroom home on the same lot
  • Public utilities include public water and public sewer
  • Interior features include a walk‑up attic

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 $48.9k $25.56
− Vacancy −$3.2k −$1.65
EGI $45.8k $23.91
− OpEx −$13.7k −$7.17
NOI $32.0k $16.74
1,914 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

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 local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Veterinary Clinic Carpet & Flooring Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service Cosmetic Store (Bike/Boat/Book/etc) Store Storage Facility Mobile Phone Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two homes on one lot offer a 3-bedroom and a 1-bedroom layout with off-street parking.
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 homes on one property, offering a 3‑bedroom home plus a 1‑bedroom home on the same lot; Public utilities include public water and public sewer; Interior features include a walk‑up attic
Contact an agent
More about this property
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