242 1st St

Baths
2,200 Sq. Ft.
$341 / Sq. Ft.
2,200
Sq. Ft.
$341
per Sq. Ft.

Description

Exceptional fully renovated multi-family property in Keyport. Every major system has been updated, including brand-new water and heating systems (installed approx. 6 months ago), making this a low-maintenance, high-efficiency home. The first-floor apartment features a living room, formal dining room, kitchen, two bedrooms, one bathroom, and an extra bonus room perfect for a home office, guest room, or flex space. The second-floor apartment offers a bright, oversized living room, kitchen, and one...Exceptional fully renovated multi-family property in Keyport. Every major system has been updated, including brand-new water and heating systems (installed approx. 6 months ago), making this a low-maintenance, high-efficiency home. The first-floor apartment features a living room, formal dining room, kitchen, two bedrooms, one bathroom, and an extra bonus room perfect for a home office, guest room, or flex space. The second-floor apartment offers a bright, oversized living room, kitchen, and one full bath, providing a comfortable and functional layout. Ideal for investors or owner-occupants seeking a renovated, income-producing property in a desirable Keyport location.
  1. Listed by Jose A Gonzalez • Elite Living Realty Group

Property Details for 242 1st Street

Complex/Subdivision
None
New Construction
No
Waterview
No
Directions
https://maps.app.goo.gl/SYnzWNZpjxhVjchZ9
LISTING UPDATED: 06/13/2026 05:18 PM

Property Details for 242 1st Street

StatusActive
MLS #22617818
Days on Market33
Taxes$9,617 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Duplex
Year Built1909
Lot Size0.11 AC / 4,791 SF
CountyMonmouth County

Location

Listing Courtesy of Elite Living Realty Group
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Building Information for 242 1st Street

Stories2Residences2Year Built1909Building Size-Lot Size0.11 AC / 4,791 SF

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Principal and Interest

$3,737

Property Taxes

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Property Information for 242 1st Street

Summary
Location and General Information
  • Area/Section: None
  • Postal City: Keyport
  • State: NJ
  • Municipality: Keyport (KEY)
  • Middle School: Central
  • # Units in Bldg: 2
  • Block: 128
  • Apx Year Built: 1909.0
  • House Number: 242
  • Street Name: 1st
  • Street Suffix: Street
  • Zip Code: 07735
  • County: Monmouth
Parking
  • Garage: No
  • # Car Garage: 0.0
Taxes and HOA Information
  • Tax ID#: 24-00128-0000-00006
  • Taxes: $9,617.00
  • Tax Year: 2025
Property
Lot Information
  • Apx SqFt: 2200.0
  • # Acres: 0.11
  • Lot: 6
  • Lot Dimensions: 40 x 125
Property and Assessments
  • Assessment - Total: 482800.0
  • Assessment - Improvements: 298900.0
  • Assessment Status: Assessed
  • Asmnt - Land: 183900.0
  • Possession: At Closing
  • Deed Restricted: No
  • Property Sub-Type: Duplex
  • Property Type: D
  • List Type: Exclusive Right To Sell
Utilities
  • Fireplace: No
  • Water Heater: Natural Gas
  • Water/Sewer: Public Water, Public Sewer
  • Cooling: Other
  • Heating: Natural Gas, Baseboard
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Waterfront: No
Interior Features
  • # Levels: 2
  • Basement: Crawl Space
  • Bedrooms: 4
  • Baths - Full: 2.0
  • Baths - Total: 2.0
Multi Family
Unit 1
  • Unit 1: Furnace, Water Meter, Refrigerator, Gas Meter, Gas Stove
  • Unit 1: # Bedrooms: 2
  • Unit 1: # Full Baths: 1
  • Unit 1: # Rooms: 6.0
  • Unit 1: Living Room Level: 1
  • Unit 1: Rent: $2,500.00
Unit 2
  • Unit 2: Electric Meter, Water Heater, Gas Stove, Refrigerator, Furnace
  • Unit 2: # Bedrooms: 2
  • Unit 2: # Full Baths: 1
  • Unit 2: # Rooms: 5.0
  • Unit 2: Rent: $2,000.00

Property History for 242 1st Street

DateEvent & SourcePriceAppreciation
Jun 12, 2026

Listed (Active)

MOMLS #22617818

$750,000
Apr 15, 2004

Closed (Public Record)

Public Record #246884766

$269,900
Apr 14, 2004

Closed

MOMLS #2333420

$269,900
DateEvent & SourcePrice
06/12/2026

Listed (Active)

MOMLS #22617818

$750,000
04/15/2004

Closed (Public Record)

Public Record #246884766

$269,900
04/14/2004

Closed

MOMLS #2333420

$269,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 242 1st Street

Taxable ValueLand$183,900Additions$298,900Total$482,800
Tax Record2024$8,893 ($741 / month)
Home Facts
Beds5Total Finished SqFt2,200 SqFtAbove Grade Finished SqFt2,200 SqFtStories2Lot Size5,000 SqFtStyleSingle Family ResidenceYear Built1909ZoningRACountyMONMOUTHAPN24 00128-0000-00006

Schools near 242 1st Street

This home is within Keyport School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Private - PK to 5
Rating
School
Distance
Central School
PublicPK to 8

Keyport High School
Public9 to 12

Icob Academy
PrivatePK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Similar Homes

242 1st Street is a multi-family home for sale in Keyport, NJ 07735. This property was listed for sale on June 12, 2026 by Elite Living Realty Group, it's currently listed at $750,000. It has been on the market for a total of 33 days and was last sold on April 15, 2004. This listing's school district is Keyport School District. Nearby schools include Central School, Keyport High School and Icob Academy. 242 1st Street is a 4-bed, 0-bath, 2,200 sqft multi-family home built in 1909.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Elite Living Realty Group

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.