Mixed-Use Building with Studio
For Sale
$795,000
335 Maple Place, Keyport, NJ 07735
Multi-Family, Keyport, NJ
Property Size2,800 SF
Lot Size0.11 Acres
Price / SF$283.93
Days on Market93
Property Features for 335 Maple Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
Residential, Commercial
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 3, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4, Basement, Bathroom 1
Parking features
Off Street, Assigned, On Street
Basement
Partial
Lot features
Level
Elementary school
Central
Middle school
Central
High school
Keyport
Directions
Follow GPS route guidance.
Standard status
Active
APN
24-00007-0000-00005-01
Size
2,800 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8200
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Multi Units, Central Air
Water source
Public
Amenities
whole-house generator
Building Details
Year built
1955
Floors in Building
2
Number of units
2
Building materials
Brick
Roof type
Shingle
Listing Agency:
EXIT Realty East Coast Shirvanian
(732) 946-2000
Listed By:
Mary Hart
(877) 778-3948
Added: Jun 19
Changed: Sep 16
Last Checked: Sep 19 at 8:06AM
MLS# 22618603
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 brick mixed-use property combines an operating yoga studio with two residential components. The commercial area includes a half bath, while a separate first-floor studio apartment offers a kitchen, full bathroom, and sleeping area. Upstairs, a three-bedroom residence provides approximately 1,400 square feet, a large living room, a full bath, and abundant natural light.
The property is located in Keyport’s NC (Neighborhood Commercial) District, with permitted use categories that include retail, personal service, office, wellness, and food-and-beverage uses subject to municipal approvals. A whole-house generator, baseboard heat, central air, public utilities, and shingle roofing are included. Parking consists of a private driveway with space for two vehicles, assigned off-street parking, and additional on-street parking. The waterfront, restaurants, breweries, marinas, and year-round events are minutes away.
The property is located in Keyport’s NC (Neighborhood Commercial) District, with permitted use categories that include retail, personal service, office, wellness, and food-and-beverage uses subject to municipal approvals. A whole-house generator, baseboard heat, central air, public utilities, and shingle roofing are included. Parking consists of a private driveway with space for two vehicles, assigned off-street parking, and additional on-street parking. The waterfront, restaurants, breweries, marinas, and year-round events are minutes away.
Key Highlights
- Mixed‑use property in Keyport’s NC (Neighborhood Commercial) District
- Separate first‑floor studio apartment with kitchen, full bath, and sleeping area
- Second‑floor 3‑bedroom residential unit with approximately 1,400 SF
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,861
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$937,220
$937.2K
Cap Rate 7%
$669,443
$669.4K
Cap Rate 9%
$520,678
$520.7K
Market Conditions
NOI Build-Up for 2,800 SF
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.
Gross rent
$71.6K $25.56/SF
− Vacancy
−$4.6K −$1.65/SF
EGI
$66.9K $23.91/SF
− OpEx
−$20.1K −$7.17/SF
NOI
$46.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$937,220
Cap Rate 7%
$669,443
Cap Rate 9%
$520,678
Alternative Uses
Best Use
Multifamily LT 5
$669.4K
$585.8K – $781.0K
NOI $46,861 @ 7.0% cap · market cap 5.89%
Second Best
Apartment 5plus
$615.1K
$538.2K – $717.6K
NOI $43,058 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$731.1K
$639.8K – $853.0K
NOI $51,180 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
391
Businesses Nearby
Explore this area
Business Placement
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 Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Neighborhood commercial zoning supports retail, office, wellness, personal service, and food-and-beverage uses subject to municipal approvals.
Where is this mixed-use property located?
The property is located at 335 Maple Place Keyport, NJ.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Mixed‑use property in Keyport’s NC (Neighborhood Commercial) District; Separate first‑floor studio apartment with kitchen, full bath, and sleeping area; Second‑floor 3‑bedroom residential unit with approximately 1,400 SF
