361 Prospect ST, Perth Amboy, NJ 08861
361 Prospect ST, Perth Amboy, NJ 08861
361 Prospect ST, Perth Amboy, NJ 08861
361 Prospect ST, Perth Amboy, NJ 08861
361 Prospect ST, Perth Amboy, NJ 08861
361 Prospect ST, Perth Amboy, NJ 08861
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,075,000
Est. payment | /mo

2,868 SqFt


$ 1,075,000
Est. payment | /mo

2,868 SqFt

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,868 sqft

Price per Sqft $374

MLS Listing ID 2612858R

Year Built 1903

Annual Tax Amount $9,972

Tax Year 2025

Lot Size 5,248 Sqft

Acres 0.1205

Lot Dimensions 105.00 x 0.00

Property Sub-Type 3 Family

Source CJMLS API

Property Description

Investor special! High-yield 3-family property in Perth Amboy offering exceptional cash flow at an attractive entry price. Property highlights: (3) Income-generating units (including a large 4-bedroom) (3) garages for added revenue Tenants pay all utilities = low expenses With $99K gross income and $86K NOI, this deal presents a rare opportunity to secure an 8% cap rate in a growing market. Ideal for: Investors seeking maximum cash flow Value-add buyers looking to increase rents over time Seller open to seller financing. Shared Driveway. AS IS, Buyer is responsible for CO. *Some photos are virtually enhanced)

Location

State NJ

County Middlesex

Zoning R-25

Rooms

Basement Partially Finished, Storage Space

Interior

Interior Features Unit 1(2 Bedrooms, Kitchen, Living Room, 2+ Baths), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(4 Bedrooms, Kitchen, Living Room, 2+ Baths)

Heating Central, See Remarks

Cooling A/C Window Unit(s)

Appliance Water Heater(From Furnace, See Remarks, Gas), Water Heater

Heat Source Natural Gas

Exterior

Exterior Feature Patio, Porch(es) - Enclosed, Porch

Garage Spaces 3.0

Utilities Available Natural Gas Connected

Porch Patio, Enclosed, Porch

Building

Lot Description Level

Story 2

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 1600159000000004

Ownership Fee Simple

Energy Description Natural Gas

Virtual Tour https://www.propertypanorama.com/instaview/msx/2612858R

Central Jersey MLS (CJMLS)
Listed by EXP REALTY, LLC

Nearby Locations

GET MORE INFORMATION

Jaynie Carlucci

Jaynie Carlucci

Agent | License ID: 1974183

+1(908) 873-7306

Name
Phone*
Message

Go tour this home

361 Prospect ST