512 Central Avenue
About This Property
On the right wing of the home, you'll find another spacious bedroom with a private entrance, with its own full en-suite bathroom and large closet. This is perfect for multi-generational living, a guest suite or a college aged child commuting to and from campus. Storage is definitely NOT an issue in this home, in addition to all the large closets, their is also pull-down attic access; a huge bonus! More storage or even future expansion possibilities. Completing the home is a full, unfinished basement with two access points (side and rear entry) a fenced in yard-perfect for children, pets and privacy. Union Beach is fastly becoming one of the most sought after destination since the beachfront has been revitalized; creating a beautiful, scenic skyline straight to NYC. The town is a quaint, welcoming beach town where neighbors know your name and sense of community is apparent. Located right near Route 35, 36 and GSP , both the Middletown and Hazlet Train Stations, bus lines to NYC, shopping, dining and entertainment. Excellent parks, downtown Keyport and of course, the beach! I think now you can see, this is not your average ranch - it's a thoughtfully designed, turn-key home with character, luxury, and space in all the right places. Whether you're upsizing, downsizing or just starting out, this home adapts to you.
Don't miss your chance to own a beautiful, deceivingly spacious home in one of Monmouth County's most up-and-coming towns.
This is an in person experience you must see to fully appreciate!
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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 |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jun 13, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Listed by Keller Williams Realty Central Monmouth | $569,500 | |
| Listed by Keller Williams Realty Central Monmouth | |||
| Sep 30, 2019 | Sold | ||
| Sold | |||
| Jun 27, 2019 | Listed by RE/MAX The Real Estate Leaders | $375,000 | |
| Listed by RE/MAX The Real Estate Leaders | |||
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Just like new! Unpack and enjoy this completely renovated home. Upon entry you'll be greeted by a spacious living room surrounded by shiplap walls which continue into your open concept kitchen and oversized dining space. This white kitchen with gold accents, farmhouse sink, and large island with quartz countertops is sure to leave you speechless! Off of your kitchen, through the double barn doors, you'll find a spacious room which can be an office space or bedroom. Another bedroom, full bathroom, and laundry room are on the left side of the home. In the back of the home is the large master bedroom with vaulted ceilings, en-suite bathroom, and walk-in closet. Last but not least, off of the living room is another large bedroom with attached full bathroom and lots of closet space! Close to all forms of transportation into NYC, minutes to NJ beaches, and much more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017