Legal Four-Family Residential
120 S Broadway South Amboy, NJ 08879
120 S Broadway, South Amboy, NJ, 08879
$999,999
For Sale
$999,999
MULTI_FAMILY - South Amboy City, NJ
Property Size3,386 SF
Lot Size0.06 Acres
Price / SF$295.33
Days on Market52
Property Features for 120 S Broadway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 5
- Rooms
- Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 5, Bedroom 7, Bathroom 4, Bedroom 2, Bathroom 1, Basement, Bedroom 4, Bathroom 3
- Interior features
- Carbon Monoxide Detector, Walk-In Closet
- Exterior features
- Wood Fence
- Fencing
- Wood
- Standard status
- Active
- 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
- Water source
- Public
Building Details
- Floors in Building
- 3
- Number of units
- 4
- Roof type
- Shingle, Flat
- Architectural style
- Other
Listing Agency
HALO REALTY PROPERTIES LLC
(848) 229-1810
216 STELTON ROAD SUITE F2, Bridgewater, NJ
Listed by
KLAUDIA PIOTROWICZ · License #1648941
(732) 910-4707
Added: May 27 Checked: Jul 17 at 11:06 am
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.
Investment Insights
Based on property information with market context.
This legal four-family residential building is configured as two 3-bedroom apartments, one 1-bedroom unit, and one studio apartment. The listing notes that three of the four units have recently been updated, providing a mix of layouts across the property.
The property is located at 120 S Broadway in South Amboy, directly across from the train station and bus stop. The listing also references on-street parking available free of charge, supporting convenient day-to-day access for residents.
With a four-unit layout and three updated units, the building offers a straightforward rental configuration in a transit-accessible setting in South Amboy.
The property is located at 120 S Broadway in South Amboy, directly across from the train station and bus stop. The listing also references on-street parking available free of charge, supporting convenient day-to-day access for residents.
With a four-unit layout and three updated units, the building offers a straightforward rental configuration in a transit-accessible setting in South Amboy.
Key Highlights
- Legal 4‑family property with two 3‑bedroom units, one 1‑bedroom unit, and one studio apartment
- Three of the four units have been recently updated
- Utilities: public water and public sewer
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 Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Legal four-family property with four units, including two 3-bedroom apartments, one 1-bedroom, and one studio.
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: Legal 4‑family property with two 3‑bedroom units, one 1‑bedroom unit, and one studio apartment; Three of the four units have been recently updated; Utilities: public water and public sewer
