Mixed-Use Property with
Keyport, NJ 07735, Keyport, NJ 07735
For Sale
$650,000
Commercial Sale, Keyport, NJ
Property Size3,787 SF
Lot Size0.10 Acres
Price / SF$171.64
Days on Market583
Property Features
General Information
Property type
Property subtype
Zoning description
Rooms
Parking
Parking features
Exterior features
Basement
Lot features
Standard status
Size
Lot size
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Mixed-Use Components
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Buildings
Listing Agency:
Better Homes and Gardens Real Estate Murphy & Co.
Listed By:
Valli Morano
(732) 741-3030
Added: Apr 11, 2025
Changed: Nov 13
Last Checked: Nov 14 at 6:06AM
MLS# 22510519
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.
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Investment Insights
Based on property information with market context.
This 3,787-square-foot mixed-use property comprises two buildings on a 0.1-acre parcel. The configuration includes an approximately 850-square-foot retail or office space, a three-bedroom apartment above, and a Colonial-style house of approximately 2,500 square feet with four to five bedrooms, living and dining rooms, a fireplace, and a basement. The commercial space is open; two homes are rented without leases.
Built in 1920, the property has public water and sewer. Features include display windows, wood flooring, an outdoor shower, and a mix of forced-air, hot-water, and baseboard heating, with window-unit and central air conditioning. Parking options include alley, off-street, and on-street parking. The property is in Keyport, where restaurants, shops, antiques, and waterfront entertainment are noted nearby.
Built in 1920, the property has public water and sewer. Features include display windows, wood flooring, an outdoor shower, and a mix of forced-air, hot-water, and baseboard heating, with window-unit and central air conditioning. Parking options include alley, off-street, and on-street parking. The property is in Keyport, where restaurants, shops, antiques, and waterfront entertainment are noted nearby.
Key Highlights
- Two‑building mixed‑use property with three units on 0.1 acres
- 3,787 square feet total; commercial space is approximately 850 square feet
- Three‑bedroom apartment and Colonial‑style house of approximately 2,500 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,236
Cap Rate
8.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,164,720
$1.2M
Cap Rate 7%
$831,943
$831.9K
Cap Rate 9%
$647,067
$647.1K
Market Conditions
NOI Build-Up for 3,787 SF
Gross rent
$113.6K $30.00/SF
− Vacancy
−$7.7K −$2.04/SF
EGI
$105.9K $27.96/SF
− OpEx
−$47.6K −$12.58/SF
NOI
$58.2K $15.38/SF
Area
Monmouth County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,164,720
Cap Rate 7%
$831,943
Cap Rate 9%
$647,067
Alternative Uses
Best Use
Apartment 5plus
$831.9K
$728.0K – $970.6K
NOI $58,236 @ 7.0% cap · market cap 8.96%
Second Best
Retail
$772.2K
$675.7K – $900.9K
NOI $54,053 @ 7.0% cap · market cap 8.32%
Theoretical Best
Office A
$988.9K
$865.3K – $1.15M
NOI $69,220 @ 7.0% cap · market cap 10.65%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Office units
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
270
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
$384,700
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Monmouth County, NJ
Properties on Market for Mixed-use properties in Monmouth County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three units include an available commercial space, an apartment, and a separate Colonial-style residence.
Where is this mixed-use property located?
The property is located at Keyport, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two‑building mixed‑use property with three units on 0.1 acres; 3,787 square feet total; commercial space is approximately 850 square feet; Three‑bedroom apartment and Colonial‑style house of approximately 2,500 square feet
