Well-Maintained Two-Family Brick
67 Beacon Boulevard Keansburg, NJ 07734
67 Beacon Boulevard, Keansburg, NJ, 07734
$599,000
For Sale
$599,000
Solid brick duplex offers two 2-bedroom, 1-bath units with oak floors, washer/dryer hookups, and window A/C.
Property Size1,440 SF
Price / SF$415.97
Days on Market79
Property Features for 67 Beacon Boulevard
General Information
- Standard status
- Active
- Size
- 1,440 SF
- Property subtype
- Multi-Family / Duplex
Building Details
- Year Built
- 1958
Listing agency
Keller Williams Realty West Monmouth
(732) 536-9010
Listed by
Melina Bradley · License #1970479
(732) 536-9010
Source
Compass
Added: May 5 Updated: Jul 20 at 10:33PM Checked: Jul 21 at 6:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty West Monmouth
Investment Insights
Based on property information with market context.
This solid brick two-family duplex was built by respected builder David Keelen and offers two separate units. Each unit features a functional layout with 2 bedrooms and 1 bathroom, along with real oak wood floors. Washer/dryer hookups are located in the kitchens of both units, and window A/C units are installed throughout.
The property has been well maintained, including a brand new roof. Heating is gas, and the home includes a dry Yankee basement with solid concrete floors that can be used for storage. One unit has been fully renovated and is vacant, while the other unit is currently occupied. Street parking is available.
Overall, the arrangement provides flexibility for an owner-occupant or investor, with an updated vacant unit and an occupied unit continuing to generate income.
The property has been well maintained, including a brand new roof. Heating is gas, and the home includes a dry Yankee basement with solid concrete floors that can be used for storage. One unit has been fully renovated and is vacant, while the other unit is currently occupied. Street parking is available.
Overall, the arrangement provides flexibility for an owner-occupant or investor, with an updated vacant unit and an occupied unit continuing to generate income.
Key Highlights
- Solid brick 2‑family built in 1958 by David Keelen, offering two separate 2‑bedroom, 1‑bath units
- Each unit has real oak wood floors and functional layouts with washer/dryer hookups in the kitchen
- Major updates include a brand new roof and gas heat
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 | $36.8k | $25.56 |
| − Vacancy | −$2.4k | −$1.65 |
| EGI | $34.4k | $23.91 |
| − OpEx | −$10.3k | −$7.17 |
| NOI | $24.1k | $16.74 |
1,440 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$344.3K
$301.3K – $401.7K
NOI $24,100 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$316.3K
$276.8K – $369.1K
NOI $22,144 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$376.0K
$329.0K – $438.7K
NOI $26,321 @ 7.0% cap · market cap 4.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Solid brick duplex offers two 2-bedroom, 1-bath units with oak floors, washer/dryer hookups, and window A/C.
Where is this duplex located?
The property is located at 67 Beacon Boulevard Keansburg, NJ.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Solid brick 2‑family built in 1958 by David Keelen, offering two separate 2‑bedroom, 1‑bath units; Each unit has real oak wood floors and functional layouts with washer/dryer hookups in the kitchen; Major updates include a brand new roof and gas heat
