262 1st St

Baths
4,146 Sq. Ft.
$169 / Sq. Ft.
4,146
Sq. Ft.
$169
per Sq. Ft.

Description

Great Investment Property in the heart of Keyport! Completely rented! 2 Commercial Units on ground level being rented to Remax Imperial and two large 3 bedroom rental apartments. Tenants pay ALL their own utilities including water. All units have individual water meters . Each unit has its own Central Air, heating and HWH unit. Easy maintained grounds. Private parking in the back. Easy to show. Public transportation directly out front of building. Walking distance to downtown Keyports restaurants...Great Investment Property in the heart of Keyport! Completely rented! 2 Commercial Units on ground level being rented to Remax Imperial and two large 3 bedroom rental apartments. Tenants pay ALL their own utilities including water. All units have individual water meters . Each unit has its own Central Air, heating and HWH unit. Easy maintained grounds. Private parking in the back. Easy to show. Public transportation directly out front of building. Walking distance to downtown Keyports restaurants and businesses.
  1. Listed by Laura Piccinich • RE/MAX Imperial

Property Details for 262 1st Street

Complex/Subdivision
None
Zoning
Commercial, Multi-Family, Multi-Use
New Construction
No
Waterview
No
Directions
Broad Street to right on First Street
LISTING UPDATED: 05/13/2025 12:20 PM

Property Details for 262 1st Street

StatusClosed
MLS #22127457
Days on Market153
Taxes$11,263 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Four Family
Year Built1909
Lot Size0.13 AC / 5,662 SF
CountyMonmouth County

Location

Listing Courtesy of RE/MAX Imperial

Sold By Corcoran Baer & McIntosh

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Building Information for 262 1st Street

Stories2Residences3Year Built1909Building Size-Lot Size0.13 AC / 5,662 SF

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$4,463 per month

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Principal and Interest

$3,525

Property Taxes

$939

HOA Dues

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Property Information for 262 1st Street

Summary
Location and General Information
  • Area/Section: None
  • Postal City: Keyport
  • State: NJ
  • Municipality: Keyport (KEY)
  • Elementary School: Central
  • Middle School: Central
  • High School: Keyport
  • Other High: St. John Vianney
  • # Units in Bldg: 3
  • Block: 135
  • Apx Year Built: 1909.0
  • House Number: 262
  • Street Name: 1st
  • Street Suffix: Street
  • Zip Code: 07735
  • County: Monmouth
Parking
  • Garage: None
  • Parking: Assigned, Off Street, On Street
  • # Car Garage: 0.0
  • # Parking Spaces: 6.0
Taxes and HOA Information
  • Tax ID#: 24-00135-0000-00001
  • Taxes: $11,263.00
  • Tax Year: 2020
Property
Lot Information
  • Apx SqFt: 4146.0
  • # Acres: 0.13
  • Lot: 1
  • Lot Dimensions: 60 x 92
  • Lot Description: Level
Property and Assessments
  • Assessment - Total: 442900.0
  • Assessment - Improvements: 340600.0
  • Assessment Status: Assessed
  • Special Assessment: No
  • Asmnt - Land: 102300.0
  • Possession: At Closing
  • Deed Restricted: No
  • Property Sub-Type: Four Family
  • Property Type: D
  • List Type: Exclusive Right To Sell
Utilities
  • Fireplace: No
  • Water Heater: Natural Gas
  • Water/Sewer: Public Sewer, Public Water
  • Cooling: 3+ Zoned AC, Central Air
  • Heating: 3+ Zoned Heat, Natural Gas
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Waterfront: No
  • Roof: Shingle
  • Exterior: Lighting
Interior Features
  • # Levels: 2
  • Basement: Slab
  • Floors: Ceramic Tile, Linoleum/Vinyl, Laminate
  • Bedrooms: 6
  • Siding: Vinyl
  • Baths - Total: 0.0
Multi Family
Unit 1
  • Unit 1: # Full Baths: 1
  • Unit 1: Rent: $1,000.00
  • Unit 1: Tenant Name: Remax
Unit 2
  • Unit 2: # Full Baths: 1
  • Unit 2: Tenant Name: Remax
Unit 3
  • Unit 3: # Bedrooms: 3
  • Unit 3: # Full Baths: 1
  • Unit 3: # Rooms: 5.0
  • Unit 3: Kitchen: YES
  • Unit 3: Living Room: YES
  • Unit 3: Rent: $1,650.00
Unit 4
  • Unit 4: # Bedrooms - Unit 4: 3
  • Unit 4: # Full Baths - Unit 4: 1
  • Unit 4: # Rooms: 5.0
  • Unit 4: Kitchen: YES
  • Unit 4: Living Room: YES
  • Unit 4: Rent: $1,850.00
Income & Expenses Information
  • Landlord Pays: Garbage Removal, Snow Removal, Grounds Care
  • Tenant Pays: Electricity, Water, Sewer, Hot Water, Heat, Gas

Property History for 262 1st Street

DateEvent & SourcePriceAppreciation
May 9, 2022

Closed

MOMLS #22127457

$700,000
Apr 8, 2022

Closed (Public Record)

Public Record #1493686159

$700,000

+10.7% / yr

Mar 30, 2022

Active Under Contract

MOMLS #22127457

DateEvent & SourcePrice
05/09/2022

Closed

MOMLS #22127457

$700,000
04/08/2022

Closed (Public Record)

Public Record #1493686159

$700,000

+10.7% / yr

03/30/2022

Active Under Contract

MOMLS #22127457

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

Public Records for 262 1st Street

Taxable ValueLand$196,100Additions$548,100Total$744,200
Tax Record2024$14,045 ($1,170 / month)
Home Facts
Total Finished SqFt4,146 SqFtAbove Grade Finished SqFt4,146 SqFtStories2Lot Size5,520 SqFtStyleMiscellaneous CommercialYear Built1909ZoningRACountyMONMOUTHAPN24 00135-0000-00001

Schools near 262 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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Listing Courtesy of RE/MAX Imperial

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.