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$520,000

251 1st St Keyport, NJ 07735

0 beds
1,900 sqft
$274 / sqft
Multi-Family

Property details

About 251 1st St

Discover a Rare Investment Gem in the Heart of Keyport! Seize this exceptional opportunity to own a versatile 2-family home in a thriving, walkable waterside community just one block from the stunning Keyport Bay.Ideal for both savvy investors and owner-occupants, this property offers immediate cash flow and long-term upside. Dual Rental Streams & Income Potential This well-maintained 2 family features: A spacious 3-bedroom, 1-bath unit on the first floor A charming 2-bedroom, 1-bath unit upstairs All separate utilities for added convenience Month-to-month tenants currently in place - offering flexibility and room for increased rental income. Prime Location, Unbeatable Lifestyle Appeal Residents enjoy the best of Keyport living: A short stroll to downtown cafes, shops, and parks Walkable access to the fishing pier, waterfront boardwalk, and beaches Close to major highways and transit for easy commuting Whether you're looking to offset your mortgage with rental income or build your real estate portfolio, this move-in-ready 2-family is primed for profitability. (P.s..Images reflect the condition of the units prior to tenant occupancy, showcasing the space when it was vacant)

Highlights

Home typeMulti Family
HeatingForced Air
StatusComing Soon
(Active Coming Soon)
Size1,900 sqft
Year built1909
Parking1-2 Car Parking, See Remarks
MLS #2600799R
Active DateJuly 19, 2025

Summary

  • Appliances: Water Heater
  • Interior: Unit 1(3 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Parking: 1-2 Car Parking, See Remarks
  • Exterior: Fencing/Wall, Yard
  • Heating: Forced Air
  • List Price: $520,000
  • Price/SqFt: $273
  • Annual Tax Amount: $9,899
  • Tax Year: 2024
  • Lot: See Remarks, Irregular Lot
  • Year Built: 1909
  • Stories: 2
  • Living Area: 1,900 SqFt
  • MLS Number: 2600799R
  • MLS Name: CJMLS API
  • Office Name: TRINITY REALTY

IDX The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 2:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Oct 08, 2021
Home Sold
$399,000
Aug 07, 2018
Home Sold
$179,000
Feb 05, 2004
Home Sold
$250,000

Tax history

YearAssessmentProperty Tax
2024$435,700$9,899
2022$391,500$8,162
2021$323,400$8,162
2020$306,500$7,198
2019$283,500$6,864

History based on county public records data.

Nearby schools

6

Cove Road Elementary School

Public District 5-6

1.2 mi

8 Cove Rd

7

Middle Road Elementary School

Public District 1-4

1.6 mi

305 Middle Rd

7

Beers Street Elementary School

Public District 5-6

1.7 mi

610 Beers St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $84,917. Most Keyport, NJ residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

22%
<35k
41%
35k-100k
32%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

43%
Single, No Kids
14%
Single, with Kids
23%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
23%
18-34 yrs old
45%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Hiking/backpackingHiking/backpacking
  • Minor League Baseball GamesMinor League Baseball Games

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • New York & CompanyNew York & Company

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • ChipotleChipotle
  • Chick-fil-AChick-fil-A

What do the neighbors drive?

  • VolvoVolvo
  • MazdaMazda
  • KiaKia

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • RockRock
  • Active RockActive Rock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 251 1st St

The listing price of 251 1st St property is $520,000.

The property 251 1st St is a multi located in Keyport, New Jersey, 07735.

Coming Soon: 251 1st St is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.

The nearby schools for 251 1st St are: Cove Road Elementary School (GreatSchools Rating 6/10), Middle Road Elementary School (GreatSchools Rating 7/10), Beers Street Elementary School (GreatSchools Rating 7/10), Keyport Central School (GreatSchools Rating 4/10), Memorial School (GreatSchools Rating 5/10), Hazlet Middle School (GreatSchools Rating 3/10), Keyport High School (GreatSchools Rating 2/10), Raritan High School (GreatSchools Rating 4/10), Matawan Regional High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $9,899 (source: MLS/based on county public records data).

The last sale was on October 8, 2021 for $399,000 (source: MLS/tax record).

The property 251 1st St is 1,900 SqFt (source: MLS/tax record).

The year of construction for 251 1st St is 1909.

This home is located at 251 1st St in Keyport, NJ and zip code 07735. This 1,900 square foot home was built in 1909. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since July 15, 2025 and is currently priced at $520,000.

Keyport, NJ housing market in June 2025 saw over 8 listings sold above listed price, more than 1 sold at listed price and over 6 sold below. Between May and June 2025, Keyport, NJ real estate market has seen decrease in the number of listings by 16.7%. Listings spent 35 days on the market in June 2025, and had a median list price of $490,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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