251 Main Street, Port Monmouth, NJ 07758

New Listing
$599,000
Property Type: Multi-Family Bedrooms: 2 Baths: 1 Square Footage: 1,420 Status: Active
Current Price: $599,000 List Date: 4/27/2026 Last Modified: 4/27/2026

Overview

Description

Multi-Family Investment Opportunity! This versatile property offers incredible potential for owner-occupants and investors alike. The front home can be your primary residence or another source of rental income, while the rear building features a two-car garage with a charming apartment above - already occupied by an amazing, reliable tenant! The setup is ideal for maximizing cash flow or enjoying the convenience of living on-site while generating income. The two-car garage provides ample storage or parking, and the property's layout ensures privacy for all residents. Perfectly suited for those seeking a property that pays for itself, this is a rare find with built-in value from day one.

Listing Details MLS# 22611898

Contract Info

List Price/SqFt
421.83
Property Sub-Type
Multiple Buildings
New Construction
No

Location

House Number
251
Street Name
Main
Street Suffix
Street
County
Monmouth
Municipality
Middletown (MID)
Postal City
Port Monmouth
State
NJ
Zip Code
07758
Area/Section
Port Monmouth
Complex/Subdivision
None
Directions
Main Street Port Monmouth next to the Sungate Deli

General Property Info

# Units in Bldg
Yes
Full Baths
Yes
Total Baths
Yes
# Levels
Yes
Apx SqFt
1420
Apx Year Built
1924
Fireplace
No
Lot Dimensions
50 x 314
Garage
Yes
# Car Garage
2
Pool
No
Waterfront
No
Waterview
No
Basement
Yes

Tax and Legal

Asmnt - Total
487500
Deed Restricted
No
Taxes
7868
Tax Year
2025

Unit 1

Master Bedroom Level
Yes
# Bedrooms
2
Bedroom Level
Yes
Kitchen Level
Yes
Living Room Level
Yes
Rent
2500
Tenant Name
Vacant
Dryer Hookup
Yes
Electric Meter
Yes
Furnace
Yes
Gas Meter
Yes
Gas Stove
Yes
Washer Hookup
Yes
Water Heater
Yes
Water Meter
Yes

Unit 2

# Bedrooms
Yes
Bedroom Level
2
# Full Baths
Yes
Kitchen Level
2
Living Room Level
2
Rent
1700
Tenant Name
Back house Upstairs
Dryer
Yes
Electric Meter
Yes
Furnace
Yes
Gas Meter
Yes
Gas Stove
Yes
Refrigerator
Yes
Washer
Yes
Water Heater
Yes
Water Meter
Yes

More Information

Income & Expenses

Water/Sewer Expense
1120

Zoning

Residential
Yes

Water/Sewer

Public Sewer
Yes
Public Water
Yes

Basement

Full
Yes

Cooling

Central Air
Yes

Water Heater

Natural Gas
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Parking

Open
Yes
Paved
Yes

Garage

Detached
Yes
Oversized
Yes

Assessment Status

Assessed
Yes

Landlord Pays

Garbage Removal
Yes
Sewer
Yes

Tenant Pays

Electricity
Yes
Gas
Yes
Grounds Care
Yes
Heat
Yes
Hot Water
Yes
Snow Removal
Yes
Water
Yes

Property Features

Unit 1: Dryer Hookup; Electric Meter; Furnace; Gas Meter; Gas Stove; Washer Hookup; Water Heater; Water Meter Unit 2: Dryer; Electric Meter; Furnace; Gas Meter; Gas Stove; Refrigerator; Washer; Water Heater; Water Meter Basement: Full Cooling: Central Air Heating: Forced Air; Natural Gas Water Heater: Natural Gas Garage: Detached; Oversized Parking: Open; Paved Zoning: Residential Assessment Status: Assessed Landlord Pays: Garbage Removal; Sewer Tenant Pays: Electricity; Gas; Grounds Care; Heat; Hot Water; Snow Removal; Water
IDX
Listing Office: C21 Thomson & Co.
Listing Agent: Maureen Yetman
Source MLS Verified
Last Updated: April - 27 - 2026
Broker Attribution: yetmanmaureen@gmail.com
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.
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