Perth Amboy Multi-Family
361 Prospect Street, Perth Amboy, NJ 08861
MULTI_FAMILY - Perth Amboy, NJ
Property size:
2,868 SFLot size:
0.12 AcresPrice / SF:
$374/SF- Added:
- Mar 27, 2026
- Days on Market:
- 49
- Last Refresh:
- May 14 at 3:06 pm
Property Features for 361 Prospect Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-25
- Bathrooms
- 5
- Rooms
- Bathroom 5, Bathroom 1, Bathroom 3, Bathroom 2, Bathroom 4, Basement
- Parking features
- Garage
- Patio and Porch features
- Patio, Porch
- Interior features
- Unit 1(2 Bedrooms, Kitchen, Living Room, 2+ Baths), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(4 Bedrooms, Kitchen, Living Room, 2+ Baths)
- Exterior features
- Patio, Porch(es) - Enclosed, Porch
- Appliances
- Water Heater(From Furnace, Gas), Water Heater
- Standard status
- Active
- APN
- 1600159000000004
- Size
- 2,868 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9972
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1903
- Floors in Building
- 2
- Building materials
- Vinyl Siding
Listing agent Peter Boutros License #300361 (866) 201-6210
Listing office EXP REALTY, LLC 28 VALLEY RD SUITE 1, Montclair, NJ (866) 201-6210
Listing date Mar 27, 2026
MLS# 2612858R
Listing URL
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.
HighLights
- High‑yield investment property with an impressive 8% cap rate.
- Significant cash flow with $99K gross income and a strong $86K NOI.
- Three income‑generating units, featuring a large 4‑bedroom unit.
- Tenants pay all utilities, ensuring low expenses for the owner.
- Three garages provide additional revenue potential.
- Seller open to seller financing.
Overview
This multi-family property in Perth Amboy presents an investment opportunity with three income-generating units, including a large four-bedroom apartment. The property also features three garages, offering potential for added revenue. Tenants are responsible for all utilities, contributing to low expenses for the owner. With a gross income of $99,000 and a net operating income of $86,000, this property offers an attractive cash flow. The property is zoned R-25 and has a lot size of 0.1205 acres. The building has 2,868 square feet of space. This property is ideal for investors seeking maximum cash flow and value-add buyers looking to increase rents over time. The seller is open to seller financing. The property includes a shared driveway and is being sold as-is, with the buyer responsible for the Certificate of Occupancy.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
O & R Landscaping ...
Landscaping
Location Insight
- Map
- Local Demand
- City
- Perth Amboy
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.2749326
- Latitude
- 40.5130077
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - High-yield 3-family property with income-generating units and garages.
Where is this triplex located?
The property is located at 361 Prospect Street Perth Amboy, NJ.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: High‑yield investment property with an impressive 8% cap rate.; Significant cash flow with $99K gross income and a strong $86K NOI.; Three income‑generating units, featuring a large 4‑bedroom unit.
