Half-Duplex Home with Fenced
686 Colgate Avenue Perth Amboy, NJ 08862
New
686 Colgate Avenue, Perth Amboy, NJ, 08862
$390,000
For Sale
$390,000
SINGLE_FAMILY - Other - Perth Amboy, NJ
Property Size928 SF
Lot Size0.06 Acres
Price / SF$420.26
Days on Market1
Property Features for 686 Colgate Avenue
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bathroom 1, Basement, Bedroom 2, Bedroom 1
- Parking features
- Driveway, On Street
- Patio and Porch features
- Deck, Patio, Porch
- Pets allowed
- Dogs OK, Cats OK
- Interior features
- Attic - Pull Down Stairs
- Exterior features
- Lighting
- Fencing
- Fenced
- Basement
- Unfinished
- Standard status
- Active
- APN
- 16-00302-0000-00045
- Size
- 928 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5231
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1942
- Floors in Building
- 2
- Flooring type
- Laminate, Carpet
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
Keller Williams Realty Monmouth/Ocean
(732) 942-5280
353 N County Line Road, Jackson, NJ
Listed by
Kandice Antenucci · License #1862388
(732) 942-5280
Added: Jul 17 Checked: Jul 17 at 9:06 am
MLS# 22621251
Listing URL
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.
Investment Insights
Based on property information with market context.
This bright and inviting 2-bedroom, 1-bath half-duplex offers an open living and dining area designed for everyday entertaining. The galley kitchen includes ample cabinet and countertop space, and it connects to a fenced backyard suitable for outdoor living. A full basement provides additional space, and the second floor features two generously sized bedrooms and a newer full bath.
The home includes a brand new roof, with a water heater installed approximately 1.5 years ago. There is also a gas hookup for the stove, and the seller prefers electric cooking. Set on a quiet street in Perth Amboy, the property is close to shopping and dining, and offers easy access to major highways and commuter depots for travel to NYC. It is also described as being near waterfront areas.
The home includes a brand new roof, with a water heater installed approximately 1.5 years ago. There is also a gas hookup for the stove, and the seller prefers electric cooking. Set on a quiet street in Perth Amboy, the property is close to shopping and dining, and offers easy access to major highways and commuter depots for travel to NYC. It is also described as being near waterfront areas.
Key Highlights
- 2‑bedroom, 1‑bath half‑duplex with an open living and dining area
- Brand new shingle roof and hot water heater (HWH) about 1.5 years old
- Full basement with potential for additional finished space
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 | $23.7k | $25.56 |
| − Vacancy | −$1.5k | −$1.65 |
| EGI | $22.2k | $23.91 |
| − OpEx | −$6.7k | −$7.17 |
| NOI | $15.5k | $16.74 |
928 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$221.9K
$194.1K – $258.9K
NOI $15,531 @ 7.0% cap · market cap 3.98%
Second Best
Apartment 5plus
$203.9K
$178.4K – $237.9K
NOI $14,271 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$242.3K
$212.0K – $282.7K
NOI $16,962 @ 7.0% cap · market cap 4.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Bright 2-bedroom, 1-bath half-duplex with an open living/dining layout, full basement, and fenced backyard.
Where is this duplex located?
The property is located at 686 Colgate Avenue Perth Amboy, NJ.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 2‑bedroom, 1‑bath half‑duplex with an open living and dining area; Brand new shingle roof and hot water heater (HWH) about 1.5 years old; Full basement with potential for additional finished space
