640 Elizabeth Street Perth Amboy, NJ 08861
MULTI_FAMILY - Perth Amboy, NJ
Property Features for 640 Elizabeth Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-25
- Rooms
- Basement
- Parking features
- On Street
- Patio and Porch features
- Porch
- Interior features
- Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(2 Bedrooms, Kitchen, 1 Bath)
- Exterior features
- Barbecue, Porch(es) - Open, Storage Shed, Porch
- Accessibility
- Accessible Approach with Ramp
- Appliances
- Water Heater(Gas), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven), Unit 3(Range/Oven)
- Standard status
- Active
- APN
- 16003500000000031
- Size
- 2,141 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7983
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1909
- Floors in Building
- 3
- Building materials
- Stucco, Vinyl Siding
- Roof type
- Asphalt
- Additional Structures
- Storage
Listing agent Elvis Collado (732) 442-1400
Listing office PETRA BEST REALTY LLC 329 SMITH ST, Perth Amboy, NJ (732) 442-1400
Listing date Jul 9, 2026
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.
The building is located at 640 Elizabeth Street in Perth Amboy, New Jersey. The property is listed with zoning noted as R-25 and includes a lot size of 0.0654 acres.
The offering is structured as a three-unit multifamily investment property for sale.
Key Highlights
- 3‑family property with three units; each unit features 2 bedrooms, 1 bath, and a kitchen and living room
- Year built 1909 with stucco and vinyl siding construction and an asphalt roof
- Hot water heating with baseboard units
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 | $54.7k | $25.56 |
| − Vacancy | −$3.5k | −$1.65 |
| EGI | $51.2k | $23.91 |
| − OpEx | −$15.4k | −$7.17 |
| NOI | $35.8k | $16.74 |
