Waterfront Area Two-Family
112 Catalpa Avenue Perth Amboy, NJ 08861
112 Catalpa Avenue, Perth Amboy, NJ, 08861
$449,000
For Sale
Under Contract
$449,000
MULTI_FAMILY - Perth Amboy, NJ
Property Size2,106 SF
Lot Size0.06 Acres
Price / SF$213.20
Days on Market1328
Property Features for 112 Catalpa Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-25
- Rooms
- Dining Room, Basement
- Parking features
- On Street
- Patio and Porch features
- Porch
- Interior features
- Unit 1(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room)
- Exterior features
- Porch(es) - Open, Fencing/Wall
- Fencing
- Fenced
- Appliances
- Water Heater(See Remarks), Water Heater
- Standard status
- Active Under Contract
- APN
- 1600021000000049
- Size
- 2,106 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2021
- Tax Annual Amount
- 7537
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Baseboard
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1914
- Floors in Building
- 2
- Building materials
- Brick, Vinyl Siding
Listing agency
J.J. ELEK REALTY CO.
(732) 634-9100
Listed by
Antonio Rosario
(732) 596-2118
Added: Dec 1, 2022 Updated: Jul 7 at 3:32PM Checked: Jul 21 at 9:06AM
MLS# 2306379R
Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a two-family property located in a waterfront area. The building has large rooms and separate utilities. The property is zoned R-25 and has a property size of 2106 square feet. The lot size is 0.0637 acres. The property is located in Perth Amboy, Middlesex County, New Jersey.
Key Highlights
- Large 2‑family with separate utilities and large rooms in a waterfront area
- Unit 1: 2 bedrooms, 1 bath, dining room, kitchen, and living room
- Unit 2: 3 bedrooms, 1 bath, dining room, kitchen, and living room
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.8k | $25.56 |
| − Vacancy | −$3.5k | −$1.65 |
| EGI | $50.4k | $23.91 |
| − OpEx | −$15.1k | −$7.17 |
| NOI | $35.2k | $16.74 |
2,106 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$503.5K
$440.6K – $587.4K
NOI $35,246 @ 7.0% cap · market cap 7.85%
Second Best
Apartment 5plus
$462.7K
$404.8K – $539.8K
NOI $32,386 @ 7.0% cap · market cap 7.21%
Theoretical Best
Office A
$549.9K
$481.2K – $641.6K
NOI $38,494 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family property in waterfront area with separate utilities.
Where is this duplex located?
The property is located at 112 Catalpa Avenue Perth Amboy, NJ.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Large 2‑family with separate utilities and large rooms in a waterfront area; Unit 1: 2 bedrooms, 1 bath, dining room, kitchen, and living room; Unit 2: 3 bedrooms, 1 bath, dining room, kitchen, and living room
