South Amboy Multi-Family Investment
120 S Broadway, South Amboy, NJ 08879
New
3-Three Story, Multi-Family - South Amboy City, NJ
Property size:
3,386 SFLot size:
0.06 AcresPrice / SF:
$295/SF- Added:
- May 27, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 2 at 3:06 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
Listing agent KLAUDIA PIOTROWICZ (732) 910-4707
Listing office HALO REALTY PROPERTIES LLC 216 STELTON ROAD, Bridgewater, NJ (732) 910-4707
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
- Unbeatable convenience for commuters directly across from the train station and bus stop.
- Four‑family investment property with strong rental potential.
- Three of the four units have been recently updated.
- Diverse unit mix: two 3‑bedroom apartments, one 1‑bedroom unit, and one studio apartment.
- Proximity to local restaurants, shopping, schools, parks, and houses of worship.
- Free on‑street parking.
Overview
Located in the heart of South Amboy City, directly across from the train station and bus stop, this four-family investment property offers convenience, especially for commuters. The NYC ferry is also located in town, providing transportation options. Situated on one of the town's central streets, residents are minutes from local restaurants, shopping, schools, parks, and houses of worship on Broadway. The property consists of four units, including two 3-bedroom apartments, one 1-bedroom unit, and one studio apartment. Three of the four units have been recently updated, making this a potential opportunity for both investors and owner-occupants seeking rental potential in a desirable location. On-street parking is accessible and free of charge. The property size is 3386 square feet and the lot size is 0.06 acres.
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
NOI $56,669 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$743.9K
$650.9K – $867.8K
NOI $52,070 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$884.2K
$773.6K – $1.03M
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
Location Insight
- Map
- Local Demand
- City
- South Amboy
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.27935
- Latitude
- 40.4824
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit property near transportation, restaurants, and shopping.
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: Unbeatable convenience for commuters directly across from the train station and bus stop.; Four‑family investment property with strong rental potential.; Three of the four units have been recently updated.
