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)
For sale
$520,000
251 1st St, Keyport, NJ 07735
5beds
2baths
1,900sqft
Est.:
Multi Family
Built in 1909
-- sqft lot
$538,100 Zestimate®
$274/sqft
$-- HOA
What's special
- 14 days
- on Zillow |
- 1,305 |
- 83 |
Zillow last checked: 7 hours ago
Listing updated: July 21, 2025 at 12:09pm
Listed by:
LODI TANNIOS,
TRINITY REALTY 908-758-0020
Source: All Jersey MLS,MLS#: 2600799R

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Forced Air
Cooling
- A/C Wall Unit(s), A/C Window Unit(s)
Appliances
- Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
Features
- Unit 1(3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room)
- Basement: Full
Interior area
- Total structure area: 1,900
- Total interior livable area: 1,900 sqft
Video & virtual tour
Property
Parking
- Parking features: 1-2 Car Parking, See Remarks
Features
- Stories: 2
- Exterior features: Fencing/Wall, Yard
- Fencing: Fencing/Wall
Lot
- Dimensions: 59.00 x 0.00
- Features: Near Shopping, See Remarks, Irregular Lot
Details
- Parcel number: 2400136000000039
- Zoning: RA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1909
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Location
- Region: Keyport
Financial & listing details
- Price per square foot: $274/sqft
- Tax assessed value: $435,700
- Annual tax amount: $9,019
- Date on market: 7/19/2025
- Ownership: Fee Simple
- Lease term: Unit 1(Month-Month),Unit 2(Month-Month)
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