Duplex on Triple
For Sale
$499,900
Pending
805 Shore Concourse, Cliffwood Beach, NJ 07735
MULTI_FAMILY - Cliffwood Beach, NJ
Property Size961 SF
Lot Size0.17 Acres
Days on Market93
Property Features for 805 Shore Concourse
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2, Basement, Bathroom 3, Bedroom 2
Parking
3
Window features
Insulated Windows
Interior features
Attic, Locked Storage
Exterior features
Storm Window
Elementary school
Cliffwood
Middle school
Matawan Avenue
High school
Matawan Reg
Directions
Located in Cliffwood Beach, not Keyport (the zip code is the same for both towns). GPS takes you directly to the property.
Subdivision
Cliffwood Bch
Standard status
Pending
APN
01-00330-0000-00021
Size
961 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
6774
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Baseboard, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1930
Floors in Building
2
Number of units
1
Flooring type
Laminate
Additional Structures
Storage
Listing Agency:
HomeZu
(610) 326-2414
Listed By:
Christopher J Carr · License #PB00096279
(610) 326-2414
Added: May 1
Changed: Jul 31
Last Checked: Aug 1 at 12:06AM
MLS# 22612555
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.
A tenant-occupied duplex arranged on a triple lot, featuring a main house and a detached cottage studio, plus a third shed structure. The main house offers three bedrooms and one bathroom with 961 square feet of living space, a full basement, and a partial attic. It includes central HVAC and storm window exterior features, with laminate flooring, an attic, and locked storage. Heating is provided by baseboard and forced air, and cooling is central air. A 3-car driveway supports off-street parking. The basement is 580 square feet and is not included in the 961 square feet living area.
The detached cottage studio provides 324 square feet of living space with a new deck and new roof, along with new appliances and a water heater. Cable is available, and the property is served by public water and public sewer.
The main house lease expires June 2028 and the detached cottage studio lease expires May 2027. Year built is 1930.
The detached cottage studio provides 324 square feet of living space with a new deck and new roof, along with new appliances and a water heater. Cable is available, and the property is served by public water and public sewer.
The main house lease expires June 2028 and the detached cottage studio lease expires May 2027. Year built is 1930.
Key Highlights
- 0.17‑acre triple lot duplex with main house and detached studio cottage
- Main house offers 3 bedrooms, 1 bathroom, and 961 SF living space plus full basement (580 SF)
- Detached cottage studio includes 324 SF and improvements including new deck and new roof
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 | $24.6k | $25.56 |
| − Vacancy | −$1.6k | −$1.65 |
| EGI | $23.0k | $23.91 |
| − OpEx | −$6.9k | −$7.17 |
| NOI | $16.1k | $16.74 |
961 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$229.8K
$201.0K – $268.1K
NOI $16,083 @ 7.0% cap · market cap 3.22%
Second Best
Apartment 5plus
$211.1K
$184.7K – $246.3K
NOI $14,778 @ 7.0% cap · market cap 2.96%
Theoretical Best
Office A
$250.9K
$219.6K – $292.8K
NOI $17,566 @ 7.0% cap · market cap 3.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
251
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied duplex with central air, public water and public sewer, plus a detached studio cottage.
Where is this duplex located?
The property is located at 805 Shore Concourse Cliffwood Beach, NJ.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 0.17‑acre triple lot duplex with main house and detached studio cottage; Main house offers 3 bedrooms, 1 bathroom, and 961 SF living space plus full basement (580 SF); Detached cottage studio includes 324 SF and improvements including new deck and new roof
