Four-Unit Multifamily Investment
120 S Broadway, South Amboy, NJ 08879
New
MULTI_FAMILY - South Amboy, NJ
Property size:
3,386 SFLot size:
0.06 AcresPrice / SF:
$295/SF- Added:
- May 27, 2026
- Days on Market:
- 4
- Last Refresh:
- May 30 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
- Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 5, Bathroom 4, Bedroom 6, Bedroom 2, Basement, Bathroom 5, Bathroom 3, Bedroom 1, Bedroom 7
- Basement
- Full
- Standard status
- Active
- APN
- 20-00044-0000-00023
- Size
- 3,386 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8432
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
Building Details
- Floors in Building
- 3
- Number of units
- 4
- Flooring type
- Tile - Ceramic, Laminate
Listing agent Klaudia Piotrowicz License #1648941 (848) 229-1810
Listing office Halo Realty 216 Stelton Road, Piscataway, NJ (848) 229-1810
Listing date May 27, 2026
MLS# 22615603
Listing URL
Copyright © 2026 More 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
- Unbeatable convenience for commuters: Directly across from train station and bus stop, with NYC ferry access.
- Four‑family investment property with strong rental potential.
- Highly desirable location in the heart of South Amboy, close to amenities.
- Three of the four units have been recently updated.
- Mix of unit types: Two 3‑bedroom, one 1‑bedroom, and one studio apartment.
- Suitable for both investors and owner‑occupants.
Overview
Located in the heart of South Amboy, this four-family investment property is situated directly across from the train station and bus stop. The NYC ferry is also located in town. Situated on one of the town's central streets, residents are just minutes from local restaurants, shopping, schools, parks, and houses of worship. 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. The property is suitable for investors and owner-occupants seeking rental potential in a desirable location. The lot size is 0.06 acres and the property size is 3386 square feet. On-street parking is accessible.
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
- -74.279637
- Latitude
- 40.482272
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four units near transportation, restaurants, shopping, and schools.
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 train station and bus stop, with NYC ferry access.; Four‑family investment property with strong rental potential.; Highly desirable location in the heart of South Amboy, close to amenities.
