78 1st Street, Keyport, NJ 07735

$750,000
Property Type: Commercial Square Footage: 3,787 Lot Size (sq. ft.): 4,356 Status: Active
Current Price: $750,000 List Date: 4/12/2025 Last Modified: 12/12/2025

Description

MAKE AN OFFER! Historic Keyport offers this one-of-a-kind parcel with 2 buildings, three income producing units. Mixed Use presently offers one retail/office space of about 850 sf, a three-bedroom apartment above and a Colonial style house of approximately 2500 sf featuring 5 bedrooms, LR, DR, FP and basement. With some TLC, rents can double easily. Seller is offering this property for quick sale in ''as is'' condition with seller credit for repairs. Fully rented presently, no leases. Short term Owner Financing may be available. Restaurants, shops, antiques, waterfront entertainment and more in beautiful thriving Keyport.

More Information MLS# 22510519

Contract Info

Sale: Yes Lease: No List Price/SqFt: 198.05 New Construction: No Status: Active List Date: 2025-04-11 Property Sub-Type: Mixed Use List Price: $750,000 Current Price: $750,000

Location

Area/Section: None Historic Dist: 1 House Number: 78 Street Name: 1st Street Suffix: Street County: Monmouth Municipality: Keyport (KEY) Postal City: Keyport State: NJ Zip Code: 07735 Directions: Route 36 West, Rt on Atlantic, Left on First St. Property on Left.

General Property Info

Handicap Access: No # Levels: 2 Available SqFt: 3600 Office SqFt: 850 Retail SqFt: 850 Acreage: 0.1 Lot Dimensions: 44 x 103 Other SqFt: 2600 Garage: No # Car Garage: 0 # Parking Spaces: 4 Business Operating: No Franchise: No Farm: No Apx SqFt: 3787 Apx Year Built: 1920

Tax and Legal

Asmnt - Total: 617800 Deed Restricted: No Special Assessment: No Taxes: 13184 Tax Year: 2024

Remarks & Misc

Excluded: tenant's personal belongings

Income & Expenses

# Rental Units: 3 Gross Income: 54300 Insurance: 3498 RE Taxes: 11000 Water/Sewer: 2100

Use

Apartments: 1 Art/Frame: 1 Barber/Salon: 1 Cards/Gift: 1 Day Care: 1 Florist Shop: 1 Ice Cream Shop: 1 Medical: 1 Professional Service: 1 Professional/Office: 1 Retail: 1 Tanning Salon: 1 Video: 1

Zoning

Live-in Professional: 1 Multi-Family: 1 Multi-Use: 1 Office: 1 Professional: 1 Residential: 1 Retail: 1 Single Family: 1

Lot Description

Level: 1

Floors

Wood: 1 Other: 1

Electric

110 Volt: 1

Basement

Dirt Floor: 1 Partial: 1 Tenant Access: 1

Gas

On Site: 1

Seat Capacity

25 or Less: 1

Cooling

AC Office Only: 1 Central Air: 1 Window Unit(s): 1

Water Heater

Electric: 1 Multiple: 1 Natural Gas: 1

Heating

Baseboard: 1 Forced Air: 1 Hot Water: 1 Natural Gas: 1

Water

Public Water: 1

Sewer

Public Sewer: 1

Exterior

Display Window: 1 Outside Storage: 1

Parking

In Alley: 1 Off Street: 1 On Site: 1 On Street: 1

Assessment Status

Assessed: 1

Financing

Cash: 1 Owner Financing: 1

Construction/Siding

Vinyl: 1 Wood: 1

Landlord Pays

Garbage Removal: 1 Insurance: 1 Maintenance: 1 Sewer: 1 Taxes: 1 Water: 1

Property Features

Location: Historic Dist; Historic Dist Use: Apartments; Art/Frame; Barber/Salon; Cards/Gift; Day Care; Florist Shop; Ice Cream Shop; Medical; Professional Service; Professional/Office; Retail; Tanning Salon; Video Floors: Wood; Other Basement: Dirt Floor; Partial; Tenant Access Seat Capacity: 25 or Less Cooling: AC Office Only; Central Air; Window Unit(s) Heating: Baseboard; Forced Air; Hot Water; Natural Gas Water Heater: Electric; Multiple; Natural Gas Water: Public Water Sewer: Public Sewer Gas: On Site Electric: 110 Volt Exterior: Display Window; Outside Storage Parking: In Alley; Off Street; On Site; On Street Zoning: Live-in Professional; Multi-Use; Office; Professional; Residential; Retail; Single Family; Multi-Family Lot Description: Level Landlord Pays: Garbage Removal; Insurance; Maintenance; Sewer; Taxes; Water Assessment Status: Assessed Financing: Cash; Owner Financing
Listing Office: Better Homes and Gardens Real Estate Murphy & Co.
Listing Agent: Valli Morano
IDX
Last Updated: December - 12 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.