13 Morris Place
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Nov 10, 2025 | Listed by Keller Williams Shore Properties | $789,000 | |
| Listed by Keller Williams Shore Properties | |||
| Oct 21, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Listed | $789,000 | |
| Listed | |||
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Welcome to 13 Morris!
A rare opportunity to own a sprawling ranch in the highly sought-after neighborhood of Port-au-Peck.
This home features 3 large bedrooms, including a primary suite with its own ensuite bathroom, a wide-open layout with gleaming hardwood floors, a full, clean basement—ideal for storage, a home gym, or a playroom—and a large deck overlooking a flat, private backyard, for plenty of family fun time! Ideally located just a few short blocks from the Oceanport Marina, with easy access to NJ Transit, the Garden State Parkway, and the neighboring towns of Red Bank and Long Branch.
All this at an incredible price. Don't wait—this one will not last!
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Property Highlights
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About Oceanport
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,000 /mo
- 2 Beds
- 2 Baths
- 1,771 ft²
$5,000 /mo
- Studio
- 1 Bath
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017