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Property profile & analytics
OFF-MARKET
Land

54 Front St Keyport, NJ 07735

Built 1900
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 54 W Front Street in Keyport, New Jersey, presents a unique investment opportunity. The 0.082-acre lot features a two-story, detached building ideally suited for retail or office use. The main level offers ample space for a commercial enterprise, while the second floor provides additional office space with two bathrooms and a separate private entrance. Currently configured as a rental unit, this upper level could be converted to residential use with some necessary town-approved modifications. The asking price of $600,000 reflects the potential need for these modifications. The building boasts a desirable location in Keyport's vibrant business district, offering stunning water views of the Raritan Bay. Recent upgrades include a new heating and air conditioning system, and a newer roof, ensuring efficient and comfortable operation. This well-maintained property represents a rare chance to acquire prime real estate in a thriving community, offering significant potential for both immediate income and long-term appreciation. The property's zoning and potential uses should be independently verified. The zip code is 07735. Built in 1900, this property is ready for a new owner to capitalize on its many advantages.

Property profile
Verified
Property type Land
Year built 1900
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Corrigan David F Law Firm
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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