275 Laurence Parkway, South Amboy, NJ 08879
MULTI_FAMILY - South Amboy, NJ
- Added:
- Jun 30, 2026
- Days on Market:
- 8
- Last Refresh:
- Jul 7 at 9:06 am
Property Features for 275 Laurence Parkway
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 3, Basement, Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 1
- Parking features
- Off Street
- Exterior features
- Ocean View
- Fencing
- Fenced
- Basement
- Full, Walk-Out Access
- Standard status
- Active
- APN
- ol
- Size
- 1,900 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7343
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Forced Air
- Water source
- Public
- Water front features
- Ocean Front
- Water front
- 1
Building Details
- Year built
- 1915
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Shingle
Listing agent Dominick Ali Jr. (732) 898-3400
Listing office Goldstone Realty 2446 Church Road, Toms River, NJ (732) 898-3400
Listing date Jun 30, 2026
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
- Ocean front property with ocean view and a small fenced yard
- Two‑family home built in 1915 with separate entrances and separate utilities
- Unit 1: 2 bedrooms, 1 bath
- Unit 2: 3 bedrooms, 1 bath
- Includes basement for storage (potential subject to local approvals)
- Utilities and services: public water and public sewer; heating includes baseboard and forced air; off‑street parking
Overview
The home is described as offering water views from the doorstep. It is a residential income property with a layout designed to serve multiple households under one roof.
For investors or owner-operators, the two separate, rental-ready units with independent entrances and utilities can simplify management compared with a single-tenant arrangement. The mix of a smaller 2-bedroom unit and a larger 3-bedroom unit provides flexibility for tenant profiles, while the basement and fenced yard support everyday livability.
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 | $48.6k | $25.56 |
| − Vacancy | −$3.1k | −$1.65 |
| EGI | $45.4k | $23.91 |
| − OpEx | −$13.6k | −$7.17 |
| NOI | $31.8k | $16.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- South Amboy
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.246697
- Latitude
- 40.457984
