805 Shore Concourse, Cliffwood Beach, NJ 07735 (MLS# 22612555)

805 Shore Concourse, Cliffwood Beach, NJ 07735

New Listing

$500,000

Property Type: Multi-Family Bedrooms: 3 Baths: 2 Square Footage: 961 Lot Size (sq. ft.): 7,405 Status: Active

Current Price: $500,000 List Date: 5/01/2026 Last Modified: 5/01/2026

Overview

Description

Rare 2-Family Investment Property in Cliffwood Beach on Triple Lot Tenant Occupied MAIN HOUSE = $2,650 / month rent per lease. Occupied since Oct 2021. 3 BR, 1 BA, full basement, partial attic, 961 sqft living space, central HVAC, 3-car driveway. 580 sqft basement not included in 961 sqft living space. Appliances included: upscale refrigerator, stove, dishwasher, washer, dryer DETACHED COTTAGE STUDIO = $1,150 / month rent per lease. Occupied since Feb 2018. Kitchen + living/bedroom + bathroom, 324 sqft living space, new deck, uses 3-car driveway. There is a third structure on the property, a shed. TOTAL GROSS RENT = $45,600 year Taxes = $6,774 year Insurance = $1,398 year Water & Sewer = $2,288 year Net cash flow: $35,140 year At 5.75% cap ≈ $500,000 valuation

Listing Details MLS# 22612555

Contract Info

List Price/SqFt: 520.29
Property Sub-Type: Multiple Buildings
New Construction: No

Location

House Number: 805
Street Name: Shore Concourse
County: Monmouth
Municipality: Aberdeen (ABE)
Postal City: Cliffwood Beach
State: NJ
Zip Code: 07735
Area/Section: Cliffwood Bch
Complex/Subdivision: None
Elementary School: Cliffwood
Middle School: Matawan Avenue
High School: Matawan Reg
Directions: S Concourse to Shore Concourse. Located in Cliffwood Beach. GPS takes you directly to the property.

General Property Info

# Units in Bldg: Yes
Full Baths: 2
Total Baths: 2
# Levels: 2
Apx SqFt: 961
Apx Year Built: 1930
Fireplace: No
Handicap Access: No
# Acres: 0.17
Lot Dimensions: 76 x 100
# Parking Spaces: 3
Garage: No
Pool: No
Waterfront: No
Waterview: No
# Fireplaces: 0
Basement: Yes
# Car Garage: 0

Tax and Legal

Asmnt - Total: 342300
Deed Restricted: No
Special Assessment: No
Taxes: 6774
Tax Year: 2025

Unit 1

Master Bedroom Dimensions: 12x10
Master Bedroom Level: 2
# Bedrooms: 3
# Full Baths: Yes
# Rooms: 6
Kitchen Dimensions: 16x12
Kitchen Level: Yes
Living Room Dimensions: 18x12
Living Room Level: Yes
Rent: 2650
AC Unit: Yes
Dishwasher: Yes
Dryer: Yes
Electric Meter: Yes
Electric Stove: Yes
Furnace: Yes
Gas Meter: Yes
Gas Stove: Yes
Refrigerator: Yes
Washer: Yes
Washer Hookup: Yes
Water Heater: Yes
Water Meter: Yes

Unit 2

Master Bedroom Dimensions: 12x13
Master Bedroom Level: Yes
# Bedrooms: Yes
# Full Baths: Yes
# Rooms: 3
Kitchen Dimensions: 12x8
Kitchen Level: Yes
Living Room Dimensions: 12x13
Living Room Level: Yes
Rent: 1150
Electric Meter: Yes
Gas Meter: Yes
Gas Stove: Yes
Refrigerator: Yes
Water Heater: Yes

More Information

Unit 3

Master Bedroom: 12x10
Master Bedroom Level: 2
# Bedrooms: 3
Bedroom Dimensions: 12x10
Bedroom Level: Yes
# Full Baths: Yes
Kitchen: 16x12
Kitchen Level: Yes
Living Room: 18x12
Living Room Level: Yes
Other - See Remarks: Yes

Income & Expenses

CAM Expense: 0
Electric Expense: 0
Gas Expense: 0
Insurance Expense: 1398
Mgmt Fee Expense: 0
Oil Expense: 0
Phone Expense: 0
Rent Expense: 0
Rep/Maint Expense: 0
RE Tax Expense: 6774
Water/Sewer Expense: 2288
Other Expense: 0
Estimated Total Expenses: 10460
Gross Income: 45600
Net Income: 35140
Financials Per: Year

Interior

Attic: Yes
Locked Storage: Yes
Wired for Cable: Yes

Water/Sewer

Public Sewer: Yes
Public Water: Yes

Floors

Laminate: Yes

Basement

Heated: Yes
Tenant Storage: Yes
Shared Storage: Yes
Tenant Acc: Yes

Cooling

Central Air: Yes

Water Heater

Natural Gas: Yes
Propane Gas: Yes

Heating

Baseboard: Yes
Electric: Yes
Forced Air: Yes
Natural Gas: Yes

Exterior

Storm Window: Yes

Assessment Status

Assessed: Yes

Energy Features

Insulated Doors: Yes
Insulated Windows: Yes
Windows: Energy Star Rated: Yes

Property Features

Unit 1: AC Unit; Dishwasher; Dryer; Electric Meter; Electric Stove; Furnace; Gas Meter; Gas Stove; Refrigerator; Washer; Washer Hookup; Water Heater; Water Meter Unit 2: Electric Meter; Gas Meter; Gas Stove; Refrigerator; Water Heater Unit 3: Other - See Remarks Interior: Attic; Locked Storage; Wired for Cable Basement: Heated; Tenant Storage; Shared Storage; Tenant Acc Floors: Laminate Cooling: Central Air Heating: Baseboard; Electric; Forced Air; Natural Gas Water Heater: Natural Gas; Propane Gas Exterior: Storm Window Assessment Status: Assessed Energy Features: Insulated Doors; Insulated Windows; Windows: Energy Star Rated

Listing Office: HomeZu

Listing Agent: Christopher J Carr

Last Updated: May - 01 - 2026

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