71 Oak Street, Keansburg, NJ 07734
MULTI_FAMILY - Keansburg, NJ
- Added:
- Jun 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 10 at 12:06 pm
Property Features for 71 Oak Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Basement, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 2
- Standard status
- Active
- APN
- 23-00057-0000-00034
- Size
- 1,214 SF
- Lot size
- 0.02 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5816
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Water source
- Public
Building Details
- Year built
- 1907
- Floors in Building
- 2
- Number of units
- 2
Listing agent Hernan Castro License #0675191 (908) 686-7800
Listing office The Real Estate Company 2100 Morris Ave., Union, NJ (908) 686-7800
Listing date Jun 9, 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
- Rear two‑family in Keansburg with one unit currently tenant‑occupied
- Updated kitchen with white shaker cabinets and subway tile backsplash
- Refreshed bathroom featuring gray tile and a walk‑in shower
- Fresh paint throughout and move‑in ready interior updates
- Roof replaced in 2019
- Public water and public sewer; baseboard heating; driveway parking available
Overview
The home is located in Keansburg, Monmouth County, New Jersey. It offers easy access to the Garden State Parkway, NJ Transit, and the Raritan Bay waterfront.
This configuration can appeal to investors seeking a two-unit residential income property, as well as owner-occupants looking to live in one unit while renting the other. The combination of recent interior refreshes, an updated kitchen, and a walk-in shower supports a practical, tenant-ready setup, complemented by available off-street parking.
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 | $31.0k | $25.56 |
| − Vacancy | −$2.0k | −$1.65 |
| EGI | $29.0k | $23.91 |
| − OpEx | −$8.7k | −$7.17 |
| NOI | $20.3k | $16.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Keansburg
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.136543
- Latitude
- 40.451201
