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    Four-Unit Multi-Family Building Title is generated by Realmo AI

    120 S Broadway, South Amboy, NJ 08879

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    For Sale
    $999,999

    3-Three Story, Multi-Family - South Amboy City, NJ

    Property size:
    3,386 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $295/SF
    Added:
    May 27, 2026
    Days on Market:
    32
    Last Refresh:
    Jun 27 at 2:06 pm

    Property Features for 120 S Broadway

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    7
    Bathrooms
    5
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Living Room, Master Bedroom
    Interior features
    Carbon Monoxide Detector, Walk-In Closet
    Exterior features
    Wood Fence
    Fencing
    Fenced, Wood
    Basement Y/N
    1
    Appliances
    Oven - Gas, Range, Refrigerator
    Standard status
    Active
    Size
    3,386 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    8432

    Building Details

    Number of units
    4
    Roof type
    Asphalt, Flat, Shingle
    Architectural style
    Other

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    KLAUDIA PIOTROWICZ

    Listing agent KLAUDIA PIOTROWICZ

    Listing office HALO REALTY PROPERTIES LLC 216 STELTON ROAD, Bridgewater, NJ

    Listing date May 27, 2026

    MLS# 4030164 Listing URL

    Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Legal 4‑family with unit mix: two 3‑bedroom apartments, one 1‑bedroom unit, and one studio apartment
    • Three of the four units have been recently updated
    • Basement included
    • Interior features include walk‑in closet and carbon monoxide detector
    • Appliances: gas oven, range, and refrigerator
    • Wood fence with fenced exterior; roof includes asphalt flat/shingle

    Overview

    This four-unit multi-family property contains two 3-bedroom apartments, one 1-bedroom unit, and one studio apartment. The listing states that three of the four units have been recently updated. The property includes on-street parking available free of charge.

    The building is located in South Amboy City on S Broadway. The public remarks note it is directly across from the train station and bus stop, and also references a NYC ferry in town. The listing describes the setting as being near local restaurants, shopping, schools, parks, and houses of worship.

    The unit mix makes the building workable for a range of tenants, from residents needing larger three-bedroom space to smaller households seeking 1-bedroom or studio options. For buyers, it offers a straightforward four-unit residential income setup with partially updated interiors, along with parking that is accessible along the street.

    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 $86.5k $25.56
    − Vacancy −$5.6k −$1.65
    EGI $81.0k $23.91
    − OpEx −$24.3k −$7.17
    NOI $56.7k $16.74
    3,386 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $809.6K
    $708.4K – $944.5K (±1% cap)
    NOI $56,669 @ 7.0% cap · market cap 5.67%
    Second Best
    Apartment 5plus
    $743.9K
    $650.9K – $867.8K (±1% cap)
    NOI $52,070 @ 7.0% cap · market cap 5.21%
    Theoretical Best
    Office A
    $884.2K
    $773.6K – $1.03M (±1% cap)
    NOI $61,891 @ 7.0% cap · market cap 6.19%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Amboy
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.27935
    Latitude
    40.4824

    FAQs

    What type of property is this?
    Quadplex - Four rental units offer a mix of layouts, including two 3-bedroom apartments and a studio unit.
    Where is this quadplex located?
    The property is located at 120 S Broadway South Amboy, NJ.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: Legal 4‑family with unit mix: two 3‑bedroom apartments, one 1‑bedroom unit, and one studio apartment; Three of the four units have been recently updated; Basement included
    More about this property
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