611 Bingham Street, Neptune, NJ 07753
- Added:
- Jan 13, 2026
- Days on Market:
- 175
- Last Refresh:
- Jul 7 at 7:06 pm
Property Features for 611 Bingham Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 1, Basement, Bathroom 2, Bedroom 3
- Basement
- Partial
- Standard status
- Pending
- APN
- 35-00815-0000-00005
- Size
- 1,552 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7929
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1954
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Stone
- Roof type
- Shingle
Listing agent Vivian McKay (732) 229-8700
Listing office EXIT Realty East Coast Shirvanian 964 Broadway, Holmdel, NJ (732) 229-8700
Listing date Jan 13, 2026
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.
HighLights
- Legal 2‑family home with two separate units
- Unit 1: 2 bed, 1 bath with kitchen and living room
- Unit 2: 1 bed, 1 bath with kitchen and living room
- Year built: 1954
- Construction materials: stone
- Utilities: public water and public sewer
Overview
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 | $39.7k | $25.56 |
| − Vacancy | −$2.6k | −$1.65 |
| EGI | $37.1k | $23.91 |
| − OpEx | −$11.1k | −$7.17 |
| NOI | $26.0k | $16.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Neptune
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.037319
- Latitude
- 40.22156
