Restricted Address

Perth Amboy, NJ 08861

$1,400,000
Price
14
Beds
6,240 Sq. Ft.
$224 / Sq. Ft.
6,240
Sq. Ft.
$224
per Sq. Ft.

Description

Presenting a charming 6-unit apartment building in the heart of Perth Amboy, this well-maintained property offers a promising investment prospect. The building features four spacious 2-bedroom, 1-bath units, alongside two 3-bedroom, 1-bath units, all designed with classic appeal and functional layouts that attract quality tenants. Each unit is currently occupied with month-to-month leases, allowing flexibility in tenant management. Tenants are responsible for their utilities, with 6 gas and 7 electric...Presenting a charming 6-unit apartment building in the heart of Perth Amboy, this well-maintained property offers a promising investment prospect. The building features four spacious 2-bedroom, 1-bath units, alongside two 3-bedroom, 1-bath units, all designed with classic appeal and functional layouts that attract quality tenants. Each unit is currently occupied with month-to-month leases, allowing flexibility in tenant management. Tenants are responsible for their utilities, with 6 gas and 7 electric meters on site. Additionally, the property includes 2 dedicated parking spaces at the rear. Easy access to local amenities, schools, shopping, and dining options. With its proximity to major highways and public transportation, commuting is effortless and great for rentals!
  1. Listed by Fei Yen • Keller Williams Realty West Monmouth

Property Details for Restricted Address

Complex/Subdivision
None
Zoning
Commercial, Multi-Family
Waterview
No
Directions
Garden State Pkwy to Rt-35 to Smith St
LISTING UPDATED: 09/17/2024 12:26 PM

Property Details for Restricted Address

StatusActive
MLS #22426589
Days on Market100
Taxes$20,628 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Six Family
Year Built1915
Lot Size0.06 AC / 2,613 SF
CountyMiddlesex County

Building Information for Restricted Address

Stories3Residences6Year Built1915Building Size-Lot Size0.06 AC / 2,613 SF

Property Information for Restricted Address

Summary
Location and General Information
  • Area/Section: None
  • Postal City: Perth Amboy City
  • State: NJ
  • Municipality: Perth Amboy (PER)
  • # Units in Bldg: 6
  • Block: 116
  • Apx Year Built: 1915.0
Parking
  • Garage: None
  • Parking: On Street, Other
  • # Car Garage: 0.0
Taxes and HOA Information
  • Tax ID#: 16-00116-0000-00001
  • Taxes: $20,628.00
  • Tax Year: 2023
Property
Lot Information
  • Apx SqFt: 6240.0
  • # Acres: 0.06
  • Lot: 1
  • Lot Dimensions: 25 x 100
Property and Assessments
  • Assessment - Total: 685100.0
  • Assessment - Improvements: 560100.0
  • Assessment Status: Assessed
  • Asmnt - Land: 125000.0
  • Possession: At Closing
  • Deed Restricted: No
  • Property Sub-Type: Six Family
Utilities
  • Water Heater: Natural Gas
  • Water/Sewer: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Pool: No
  • Waterfront: No
  • Roof: Flat
Interior Features
  • # Levels: 3
  • Basement: Full
  • Excluded: Personal Items
  • Bedrooms: 14
  • Siding: Brick
Multi Family
Unit 1
  • Unit 1: # Bedrooms: 3
  • Unit 1: # Full Baths: 1
  • Unit 1: Rent: $1,500.00
Unit 2
  • Unit 2: # Bedrooms: 2
  • Unit 2: # Full Baths: 1
  • Unit 2: Rent: $1,400.00
Unit 3
  • Unit 3: # Bedrooms: 3
  • Unit 3: # Full Baths: 1
  • Unit 3: Rent: $1,500.00
Unit 4
  • Unit 4: # Bedrooms - Unit 4: 2
  • Unit 4: # Full Baths - Unit 4: 1
  • Unit 4: Rent: $1,500.00
Unit 5
  • Unit 5: # Bedrooms: 2
  • Unit 5: # Full Baths: 1
  • Unit 5: Rent: $1,450.00
Unit 6
  • Unit 6: # Bedrooms: 2
  • Unit 6: # Full Baths: 1
  • Unit 6: Rent: $1,300.00
Income & Expenses Information
  • Income & Expenses: Insurance Expense: 5000.0
  • Income & Expenses: Electric Expense: 700.0
  • Income & Expenses: Water/Sewer Expense: 1300.0
  • Landlord Pays: Sewer, Water
  • Tenant Pays: Electricity, Gas, Heat

Property History for Restricted Address

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for Restricted Address

Taxable ValueLand$125,000Additions$560,100Total$685,100
Tax Record2023$20,628 ($1,719 / month)
Home Facts
Total Finished SqFt6,240 SqFtAbove Grade Finished SqFt6,240 SqFtStories3Lot Size2,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningC-1CountyMIDDLESEXAPN16 00116-0000-00001

Schools near Restricted Address

This home is within Perth Amboy Public School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 3
Rating
School
Distance
Hn Richardson 21 Cent School
PublicK to 4

Mc Ginnis Middle School
Public5 to 8

Perth Amboy High School
Public9 to 12

Rose M. Lopez Elementary School
PublicK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Restricted Address is a multi-family home for sale in Perth Amboy, NJ 08861. This property was listed for sale on September 12, 2024 by Keller Williams Realty West Monmouth, it's currently listed at $1,400,000. This listing's school district is Perth Amboy Public School District. Nearby schools include Hn Richardson 21 Cent School, Mc Ginnis Middle School and Perth Amboy High School. Restricted Address is a 14-bed, 0-bath, 6,240 sqft multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty West Monmouth, Fei Yen

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