3 Carolina Avenue, Port Monmouth, NJ 07758

$1,099,000

Property Type: Multi-Family Bedrooms: 5 Square Footage: 3,068 Lot Size (sq. ft.): 10,019 Status: Active

Current Price: $1,099,000 List Date: 11/06/2026 Last Modified: 11/06/2026

Overview

Description

Two-building income opportunity in Port Monmouth! One approx. 100x100 lot with a brand-new 2-story main house being built with approx. 2,080 sq ft, 3 bedrooms, 3 full baths, open kitchen/living/dining with center island and pantry, 2nd-floor laundry, primary suite with walk-in closet, covered front porch, rear deck and full unfinished cellar, plus a detached 2-car garage with an approx. 988 sq ft, 2-bedroom, 1-bath accessory apartment above, leased at $1,500/month through 12/31/26. The apartment is a deed-restricted affordable unit under a Middletown agreement (income-eligible tenants, township-set rents). Zoned R-7. Near the Belford ferry, Route 36 and Sandy Hook. Renderings are conceptual; final construction may vary.

Listing Details MLS# 22635230

Contract Info

List Price/SqFt: 358.21
Property Sub-Type: Multiple Buildings
New Construction: Yes

Location

House Number: 3
Street Name: Carolina
Street Suffix: Avenue
County: Monmouth
Municipality: Middletown (MID)
Postal City: Port Monmouth
State: NJ
Zip Code: 07758
Area/Section: Port Monmouth
Complex/Subdivision: None
Directions: Use GPS to 3 Carolina Ave, Port Monmouth.

General Property Info

# Units in Bldg: 2
Full Baths: 4
# Levels: 2
Apx SqFt: 3068
Apx Year Built: 2026
# Acres: 0.23
Lot Dimensions: 100x100
Garage: Yes
# Car Garage: 2
Pool: No
Waterfront: No
Waterview: No

Tax and Legal

Asmnt - Total: 380200
Deed Restricted: Yes
Special Assessment: No
Taxes: 5152
Tax Year: 2025

Unit 1

# Bedrooms: 3
# Full Baths: 3
# Rooms: 7

Unit 2

# Bedrooms: 2
# Full Baths: Yes
Rent: 1500

More Information

Property Features

Basement: Full Floors: Ceramic Tile; Wood Cooling: Central Air Heating: Forced Air Water Heater: Natural Gas Exterior: Deck Roof: Shingle; Timberline Garage: Apt Above Garage; Detached Parking: Off Street; Paved Lot Description: Level Assessment Status: To Be Assessed Landlord Pays: Sewer Tenant Pays: Electricity; Gas; Water Showing: Showing Time

Listing Office: VRI Homes

Listing Agent: Anthony Genovese

Last Updated: November - 06 - 2026

Broker Attribution: 732-977-2675

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.