$343,500
↓ $14K (2.9%)
●
House -
Off Market
811 Shore Concourse
Keyport, NJ 07735
2 Beds
1 Bath
1,254 Ft²
$2,126
Est. Monthly
7.65%
Cap Rate
About This Property
This charming 2-bedroom, 1-bathroom home offers a unique
opportunity for expansion and customization. With a spacious
upstairs bedroom that can easily be converted into two bedrooms.
The bedroom on the 1st floor is currently being used as a laundry
room that could be transformed back into a bedroom. This home has
the flexibility to meet your changing needs. Highlights include an
updated bathroom, a generous backyard, perfect for entertaining and
gatherings, and off-street parking for two vehicles, plus ample
street parking. Whether you're looking for a move-in-ready home or
a creative project, this property is a blank canvas for your vision
- all at an affordable price point.
Unit Size
1,254 Ft²
Days on Market
46 days
Land Size
0.06 acres
Price per sqft
$259
Property Type
House
Property Taxes
$529
HOA Dues
-
Year Built
1930
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (MOMLS #22513017)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 2, 2025 | Price Decreased |
$475,000
↓ $14K
(2.9%) | |
| Price Decreased | |||
| Nov 4, 2025 | Price Decreased |
$489,000
↓ $11K
(2.2%) | |
| Price Decreased | |||
| Oct 14, 2025 | Listed | $499,900 | |
| Listed | |||
| | |||
|
Completely renovated and move-in ready, this stunning home is located in the highly desirable Cliffwood Beach section. Featuring 3 generously sized bedrooms and 1 beautifully updated bathroom, this home offers waterproof laminate flooring and recessed lighting throughout. The spacious living and dining areas flow seamlessly into a gorgeous kitchen complete with white shaker-style cabinets, tile backsplash, quartz countertops, and stainless steel appliances. A stylish barn door leads to the modern first-floor bathroom, and the washer and dryer are conveniently located just off the kitchen.
Outside, enjoy beautiful landscaping, a paver walkway, and a fully fenced yard with a large patio, perfect for relaxing or entertaining.
Ideal for commuters—you're just 10 minutes to the ferry close to major highways and the train to NYC, and down the street from Cliffwood Beach Waterfront Park. Only 3 minutes from downtown Keyport, where you'll find shops, restaurants, and another scenic waterfront park.
| |||
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 18, 2025 | In contract | - | |
| In contract | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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About Cliffwood Beach
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Listed by: Tanya Cleary, Weichert Realtors-Old Bridge
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22513017
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 2 years ago
Data Source: MOMMLS, MLS# 22513017
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