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Investment Highlights

  • Heavy daytime foot traffic
  • easy waterfront access, bus stop, redevelopment zone
  • Open floor plan with brick walls

Executive Summary

Mixed-use opportunity in the heart of downtown Keyport, just steps from Keyport Waterfront Park. Enjoy a prime Main Street location near shops, dining, and the waterfront promenade. The first floor offers approximately 1,500 SF of retail or commercial space with strong visibility, while the second floor provides approximately 1,400 SF of residential space. Renovations have already begun, creating an excellent opportunity for a buyer to complete and customize the property to their vision. Exposed brick walls add historic character and design appeal throughout. The second floor was previously configured as a spacious two-bedroom apartment and may offer potential for reconfiguration, subject to municipal zoning and Planning Board approval. Buyer to conduct due diligence regarding permitted uses and approvals. With two new furnaces, updated plumbing, and a newer roof, this property offers a strong head start for a visionary investor, owner-occupant, or developer looking to establish or expand their presence in the growing borough of Keyport.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,900 SF
Year Built
1900
Price
$685,000
Price Per SF
$236.21
Cap Rate
6.50%
NOI
$44,525
Percent Leased
100%
Building Height
2 Stories
Moderately walkable
70/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Stop & Shop
PNC Bank
Valley National Bank
IHOP
Rent-A-Center
The Little Gym
  • Listing ID: 40102897

  • Date on Market: 4/10/2026

  • Last Updated:

  • Address: 42 Broad St, Keyport, NJ 07735

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