55 Smith Street, Perth Amboy, NJ 08861
MULTI_FAMILY - Perth Amboy, NJ
Property size:
2,302 SFLot size:
0.04 AcresPrice / SF:
$304/SF- Added:
- Apr 28, 2026
- Days on Market:
- 36
- Last Refresh:
- Jun 2 at 7:06 am
Property Features for 55 Smith Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-MM
- Bathrooms
- 4
- Rooms
- Bathroom 3, Dining Room, Bathroom 4, Bathroom 2, Basement, Den, Bathroom 1
- Parking features
- Garage
- Patio and Porch features
- Patio, Porch
- Interior features
- Unit 1(Dining Room, 2 Bedrooms, Kitchen, Laundry Hookup, Living Room, 2+ Baths), Unit 2(Dining Room, 2 Bedrooms, Kitchen, Laundry Hookup, Living Room, 2+ Baths, Den/Family Room)
- Exterior features
- Patio, Porch(es) - Open
- Appliances
- Water Heater(See Remarks), Water Heater
- Standard status
- Active Under Contract
- APN
- 1600055000000014
- Size
- 2,302 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 10274
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1980
- Floors in Building
- 3
- Building materials
- Stucco
Listing agent Nadeem Qavi License #1109799 (908) 791-1010
Listing office RE/MAX COMPETITIVE EDGE 251 MAIN STREET, Warren, NJ (732) 548-5555
Listing date Apr 28, 2026
MLS# 2614758R
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
- Potential rental income of over $72,000 a year.
- Rare 3‑car attached garages.
- Excellent commuter location: bus stop across the street and train station (direct trains to NYC) within a 10‑minute walk.
- Two apartments, each with 2 bedrooms, 2+ baths, living room, dining room, kitchen, laundry hookup, and central air.
- Apartment 2 features balconies, a bonus room (potential 3rd bedroom), and a large terrace.
- Maintenance‑free living with snow removal and landscaping included.
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 | $58.8k | $25.56 |
| − Vacancy | −$3.8k | −$1.65 |
| EGI | $55.0k | $23.91 |
| − OpEx | −$16.5k | −$7.17 |
| NOI | $38.5k | $16.74 |
2,302 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$550.4K
$481.6K – $642.1K
NOI $38,527 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$505.7K
$442.5K – $590.0K
NOI $35,400 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$601.1K
$526.0K – $701.3K
NOI $42,077 @ 7.0% cap · market cap 6.01%
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
- -74.2646645
- Latitude
- 40.5074404
Nearby Similar for Sale
FAQs
Where is this duplex located?
The property is located at 55 Smith Street Perth Amboy, NJ.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Potential rental income of over $72,000 a year.; Rare **3‑car attached garages.**; Excellent commuter location: bus stop across the street and train station (direct trains to NYC) within a 10‑minute walk.
