Two-Family Income
471 hall Avenue, Perth Amboy, NJ 08861
MULTI_FAMILY - Perth Amboy, NJ
Property size:
2,303 SFLot size:
0.06 AcresPrice / SF:
$303/SF- Added:
- Jun 9, 2026
- Days on Market:
- 24
- Last Refresh:
- Jul 2 at 6:06 am
Property Features for 471 hall Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bathroom 4, Bathroom 1, Basement, Dining Room, Bathroom 2
- Parking features
- Garage
- Interior features
- Unit 1(Dining Room, 4 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(3 Bedrooms, Kitchen, Living Room)
- Appliances
- Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
- Standard status
- Active Under Contract
- APN
- 1600278000000013
- Size
- 2,303 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 8942
Utilities
- Sewer type
- Public Sewer
- Heating system
- Other (Heating), Hot Water(Heating), Baseboard
- Cooling system
- Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1919
- Floors in Building
- 3
- Building materials
- Vinyl Siding
Listing agent Ruben Rodriguez (732) 596-2118
Listing office J.J. ELEK REALTY CO. 117 MAIN STREET, Woodbridge, NJ (732) 634-9100
Listing date Jun 9, 2026
MLS# 2617651R
Listing URL
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.
HighLights
- Two‑family multi‑family with 7 bedrooms and 4 full bathrooms
- Unit 1 includes dining room, living room, kitchen, 4 bedrooms, and 1 bathroom
- Unit 2 offers 3 bedrooms with kitchen and living room
- Finished basement plus public water and public sewer service
- Heating includes baseboard and hot water; cooling provided by wall unit(s)
- Vinyl siding with garage parking and three detached garages for storage
Overview
This property is a two-family income setup featuring a total of 7 bedrooms and 4 full bathrooms. The first floor offers 4 bedrooms and the second floor provides 3 bedrooms, supporting flexible living arrangements. A finished basement adds additional usable space, and three detached garages provide on-site storage and parking convenience. The home also includes a shared driveway to support everyday access.
Located in Perth Amboy, the property is positioned near shopping, schools, public transportation, and major roadways, offering practical connectivity for residents. It sits on a relatively small parcel, with driveway and garage access configured for multi-unit living.
With its clear two-level bedroom separation and additional finished basement space, this home can work well for owner-occupants seeking rental income while maintaining space for household use. It may also suit investors looking for a straightforward multifamily configuration with multiple garages for tenant and/or resident needs. The combination of detached garage storage and the multi-bedroom layout can be beneficial for tenants who want more room than a typical smaller duplex.
Located in Perth Amboy, the property is positioned near shopping, schools, public transportation, and major roadways, offering practical connectivity for residents. It sits on a relatively small parcel, with driveway and garage access configured for multi-unit living.
With its clear two-level bedroom separation and additional finished basement space, this home can work well for owner-occupants seeking rental income while maintaining space for household use. It may also suit investors looking for a straightforward multifamily configuration with multiple garages for tenant and/or resident needs. The combination of detached garage storage and the multi-bedroom layout can be beneficial for tenants who want more room than a typical smaller duplex.
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 | $58.9k | $25.56 |
| − Vacancy | −$3.8k | −$1.65 |
| EGI | $55.1k | $23.91 |
| − OpEx | −$16.5k | −$7.17 |
| NOI | $38.5k | $16.74 |
2,303 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$550.6K
$481.8K – $642.4K
NOI $38,543 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$505.9K
$442.7K – $590.3K
NOI $35,416 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$601.4K
$526.2K – $701.6K
NOI $42,095 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Perth Amboy
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.2787184
- Latitude
- 40.5218618
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Spacious two-family layout with seven bedrooms, four full baths, a finished basement, and three detached garages.
Where is this duplex located?
The property is located at 471 hall Avenue Perth Amboy, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Two‑family multi‑family with 7 bedrooms and 4 full bathrooms; Unit 1 includes dining room, living room, kitchen, 4 bedrooms, and 1 bathroom; Unit 2 offers 3 bedrooms with kitchen and living room
