Sold for $630,000

$630,000

251 Main Street, Port Monmouth, NJ 07758

2beds

1,420sqft

Multiple Buildings

Built in 1924

-- sqft lot

$632,300 Zestimate^®

$444/sqft

$2,663 Estimated rent

Home value

$632,300

$588,000 - $683,000

$2,663/mo

Zestimate^® history

Owner options

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$2,663/mo

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$2,663/mo

Rent Zestimate^®

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$4,199/mo

Est. payment

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$4,199/mo

Est. payment

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What's special

Two-car garageAmple storage or parking

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Forced Air

Cooling

Central Air

Features

Basement: Full

Interior area

Total structure area: 1,420
Total interior livable area: 1,420 sqft

Property

Parking

Total spaces: 2
Parking features: Open, Paved, Detached, Oversized
Garage spaces: 2

Features

Stories: 1

Lot

Size: 0.36 Acres
Dimensions: 50 x 314

Details

Parcel number: 3200541000000039
Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: Multiple Buildings

Condition

New construction: No
Year built: 1924

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: None

Location

Region: Port Monmouth

Financial & listing details

Price per square foot: $444/sqft
Tax assessed value: $487,500
Annual tax amount: $7,868
Date on market: 4/27/2026
Tenant pays: Hot Water, Water, Snow Removal, Heat, Gas, Electricity

Price history

Date	Event	Price
6/22/2026	Sold	$630,000+5.2%$444/sqft
Source: MoreMLS #22611898 Report a problem
5/16/2026	Pending sale	$599,000$422/sqft
Source: MoreMLS #22611898 Report a problem
4/27/2026	Listed for sale	$599,000+598900%$422/sqft
Source: MoreMLS #22611898 Report a problem
2/19/2002	Sold	$100-99.9%
Source: Agent Provided Report a problem
12/14/1989	Sold	$89,200$63/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,019 +9.8%	$487,500 +9.8%
2024	$7,301 +4.4%	$443,800 +10.3%
2023	$6,992 +6.7%	$402,300 +15.6%
2022	$6,555 +13.3%	$348,100 +25.1%
2021	$5,787 +4.5%	$278,200 +4.2%
2020	$5,538 -2.5%	$267,000 +1.8%
2019	$5,682	$262,200
2018	$5,682 -2.6%	$262,200 +5.3%
2017	$5,835 -0.3%	$248,900 -6.1%
2016	$5,851 -2.5%	$265,100
2015	$5,999 +2.2%	$265,100
2014	$5,869 +2.5%	$265,100
2012	$5,729 +3.2%	$265,100
2011	$5,550 +3.9%	$265,100 -11.2%
2010	$5,344 -17.7%	$298,400
2009	$6,492	$298,400 +80.6%
2008	--	$165,200 +64.2%
2007	--	$100,600
2006	--	$100,600
2005	--	$100,600
2003	--	$100,600
2002	--	$100,600
2001	--	$100,600