Two-Unit
New
For Sale
$639,900
382 Stanford Street, Perth Amboy, NJ 08861
Residential Income, Perth Amboy, NJ
Property Size1,744 SF
Lot Size0.05 Acres
Price / SF$366.92
Days on Market1
Property Features for 382 Stanford Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-25
Zoning description
Buyer Should Verify
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bathroom 2, Bathroom 1
Patio and Porch features
Porch
Interior features
Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room)
Exterior features
Porch
Appliances
Water Heater(See Remarks), Water Heater
Lot features
Interior Lot
Elementary school district
Perth Amboy City School Distri
Middle school district
Perth Amboy City School Distri
High school district
Perth Amboy City School Distri
Directions
Use Google Maps
Standard status
Active
APN
1600161000000019
Size
1,744 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8943
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
covered front porch
finished attic
finished basement
Building Details
Year built
1911
Floors in Building
2
Building materials
Vinyl Siding
Listing Agency:
J.J. ELEK REALTY CO.
(732) 634-9100
Listed By:
Antonio Rosario
(732) 596-2118
Added: Oct 7
Last Checked: Oct 7 at 4:06PM
MLS# 2705883R
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.
Investment Insights
Based on property information with market context.
This 1,744-square-foot duplex contains two residences, each arranged with two bedrooms, a kitchen, a living room, and one full bathroom. Finished attic and basement areas add interior space, and a covered porch fronts the home. The exterior is vinyl-sided; heating is forced air, with central air conditioning. Built in 1911, the property has public water and sewer service and R-25 zoning.
Key Highlights
- Two residences, each with 2 bedrooms and 1 full bathroom
- 1,744 square feet of building area
- Finished attic and basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,188
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,760
$583.8K
Cap Rate 7%
$416,971
$417.0K
Cap Rate 9%
$324,311
$324.3K
Market Conditions
NOI Build-Up for 1,744 SF
Gross rent
$44.6K $25.56/SF
− Vacancy
−$2.9K −$1.65/SF
EGI
$41.7K $23.91/SF
− OpEx
−$12.5K −$7.17/SF
NOI
$29.2K $16.74/SF
Area
Middlesex County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$583,760
Cap Rate 7%
$416,971
Cap Rate 9%
$324,311
Alternative Uses
Best Use
Multifamily LT 5
$417.0K
$364.9K – $486.5K
NOI $29,188 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$383.1K
$335.2K – $447.0K
NOI $26,819 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$455.4K
$398.5K – $531.3K
NOI $31,878 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,728
Businesses Nearby
Explore this area
Business Placement
Demographics for 08861, NJ
58,039
Population
21,032
Households
2.8
Avg Household Size
35
Median Age
16%
College-Educated
70%
High-School Grad
5.1 sq mi
ZIP Area
11,380
Density / Sq Mi
$60,464
Median Household Income
$34,093
Median Earnings
$1,623
Median Rent
$340,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms, a full bath, and separate kitchen and living areas.
Where is this duplex located?
The property is located at 382 Stanford Street Perth Amboy, NJ.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 full bathroom; 1,744 square feet of building area; Finished attic and basement
