Brick Duplex with Separate
562 Jacques St, Perth Amboy, NJ 08861
For Sale
$599,999
Two independently metered residences are leased month-to-month, with two bedrooms and one full bath in each.
Property Size1,680 SF
Price / SF$352.94
Days on Market13
Property Features for 562 Jacques St
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Construction
Tenancy
Listed By:
GIOVANNI NOCELLA
(347) 444-3493
Source:
Elliman
Added: Oct 28
Changed: Nov 7
Last Checked: Nov 8 at 5:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GIOVANNI NOCELLA
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Investment Insights
Based on property information with market context.
This brick duplex contains approximately 1,700 square feet arranged as two separate apartments. Each residence has two bedrooms and one full bathroom, and the building dates to 1924. The apartments are rented on a month-to-month basis, and each has separate utilities.
The property is located at 562 Jacques St in Perth Amboy, New Jersey. Shopping, restaurants, public transportation, and major roadways are nearby. WalkScore is 59, BikeScore is 48, and TransitScore is 36.
The property is located at 562 Jacques St in Perth Amboy, New Jersey. Shopping, restaurants, public transportation, and major roadways are nearby. WalkScore is 59, BikeScore is 48, and TransitScore is 36.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 full bath
- Approximately 1,700 square feet across the duplex
- Month‑to‑month tenancy in both apartments
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,452
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$569,040
$569.0K
Cap Rate 7%
$406,457
$406.5K
Cap Rate 9%
$316,133
$316.1K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$43.5K $25.56/SF
− Vacancy
−$2.8K −$1.65/SF
EGI
$40.6K $23.91/SF
− OpEx
−$12.2K −$7.17/SF
NOI
$28.5K $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%
$569,040
Cap Rate 7%
$406,457
Cap Rate 9%
$316,133
Alternative Uses
Best Use
Multifamily LT 5
$406.5K
$355.7K – $474.2K
NOI $28,452 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$373.5K
$326.8K – $435.7K
NOI $26,143 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$443.9K
$388.4K – $517.9K
NOI $31,073 @ 7.0% cap · market cap 5.18%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,636
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
$340,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Perth Amboy, NJ
Properties on Market for Duplexes in Perth Amboy
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two independently metered residences are leased month-to-month, with two bedrooms and one full bath in each.
Where is this duplex located?
The property is located at 562 Jacques St Perth Amboy, NJ.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 full bath; Approximately 1,700 square feet across the duplex; Month‑to‑month tenancy in both apartments
