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    Two-Family Duplex for Sale Title is generated by Realmo AI

    464 Division Street, Perth Amboy, NJ 08861

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    Claim this Listing
    New
    For Sale
    $675,000

    MULTI_FAMILY - Perth Amboy, NJ

    Property size:
    2,184 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $309/SF
    Added:
    Jul 1, 2026
    Days on Market:
    7
    Last Refresh:
    Jul 7 at 11:06 pm

    Property Features for 464 Division Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R-25
    Bathrooms
    2
    Rooms
    Bathroom 1, Dining Room, Basement, Bathroom 2
    Parking features
    On Street
    Patio and Porch features
    Porch, Patio
    Interior features
    Unit 1(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room)
    Exterior features
    Patio, Porch(es) - Open, Storage Shed, Yard, Porch
    Appliances
    Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven)
    Standard status
    Active
    APN
    160022600000001901
    Size
    2,184 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    9518

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Water source
    Public

    Building Details

    Year built
    1890
    Floors in Building
    2
    Building materials
    Vinyl Siding
    Roof type
    Flat
    Additional Structures
    Storage

    We can help!

    Contact an agent
    Melissa Pena

    Listing agent Melissa Pena

    Listing office REALTY MARK CENTRAL 163 CRANBURY RD, STE 100, Princeton Junction, NJ

    Listing date Jul 1, 2026

    MLS# 2700329R 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

    • Two‑family duplex built in 1890 with vinyl siding and flat roof
    • Each unit includes 2 bedrooms, 1 full bath, living room, separate dining room, and a functional kitchen
    • Tenant‑occupied units with leases in place through November 30
    • Public utilities: public water and public sewer
    • Baseboard heating and on‑street parking
    • Exterior features include patio and porch (open), plus a storage shed and yard

    Overview

    This property is a well-maintained two-family duplex offering two separate, tenant-occupied units. Each unit includes two bedrooms and one full bathroom, along with a spacious living room, a separate dining room, and a functional kitchen. The bedrooms are located on the second level for a townhouse-style layout.

    The duplex is located at 464 Division Street in Perth Amboy, New Jersey. The listing is in R-25 zoning, and the property is situated on a lot size of 0.1274 acres, with a total property size of 2,184 square feet.

    For buyers seeking a straightforward residential income property or an owner-occupant arrangement, the current tenant-occupied status provides rental continuity through November 30. The consistent unit layouts can appeal to tenants looking for two-bedroom living with dedicated dining and kitchen space, while offering an owner a manageable two-unit structure.

    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 $55.8k $25.56
    − Vacancy −$3.6k −$1.65
    EGI $52.2k $23.91
    − OpEx −$15.7k −$7.17
    NOI $36.6k $16.74
    2,184 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $522.2K
    $456.9K – $609.2K (±1% cap)
    NOI $36,552 @ 7.0% cap · market cap 5.42%
    Second Best
    Apartment 5plus
    $479.8K
    $419.8K – $559.8K (±1% cap)
    NOI $33,586 @ 7.0% cap · market cap 4.98%
    Theoretical Best
    Office A
    $570.3K
    $499.0K – $665.3K (±1% cap)
    NOI $39,920 @ 7.0% cap · market cap 5.91%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Skin Care Clinic Catering Service Veterinary Clinic Pet Grooming Service Garden Center (Bike/Boat/Book/etc) Store Nursing Home Pet Store Pet Store & Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Perth Amboy
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2669539
    Latitude
    40.5148395

    FAQs

    What type of property is this?
    Duplex - Well-maintained two-family duplex with two-bedroom, one-bath units, each tenant-occupied under leases through November 30.
    Where is this duplex located?
    The property is located at 464 Division Street Perth Amboy, NJ.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: Two‑family duplex built in 1890 with vinyl siding and flat roof; Each unit includes 2 bedrooms, 1 full bath, living room, separate dining room, and a functional kitchen; Tenant‑occupied units with leases in place through November 30
    More about this property
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