Renovated 5-Unit Multifamily
For Sale
Contact for pricing
Pending
99 Lewis Street, Perth Amboy, NJ 08861
Five-unit multifamily property with renovated interiors and reported annual gross income exceeding $100K.
Property SizeContact for details
Days on Market972
Property Features for 99 Lewis Street
General Information
Standard status
Pending
Property subtype
Multifamily
Zoning
4C
Occupancy
100%
Additional Details
Multifamily Units
5
Building Details
Buildings
1
Stories
2
Units
5
Tenancy
Multi
Listing Agency:
RE/MAX LIFETIME REALTORS
Listed By:
Tina Torres · License #0571718
(973) 332-3022
Source:
Crexi
Added: Feb 27, 2024
Changed: Oct 25
Last Checked: Oct 24 at 4:17PM
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 RE/MAX LIFETIME REALTORS
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Investment Insights
Based on property information with market context.
This offering is a 5-unit multifamily building. Public remarks state the interior was renovated about a year ago, with rents reported as slightly below market rates. The property is described as grossing over $100K annually.
The sale is positioned for investor buyers able to qualify for a commercial mortgage, hard money loan, or purchase with cash.
As provided, the information focuses on the unit count, the renovation timing, and reported income performance, along with buyer financing requirements.
The sale is positioned for investor buyers able to qualify for a commercial mortgage, hard money loan, or purchase with cash.
As provided, the information focuses on the unit count, the renovation timing, and reported income performance, along with buyer financing requirements.
Key Highlights
- 5‑unit multifamily building with reported annual gross income exceeding $100,000
- Interior renovations completed about a year ago
- Rents reported slightly below market rates, offering potential upside
Property Analytics
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Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,413
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit multifamily property with renovated interiors and reported annual gross income exceeding $100K.
Where is this apartment building located?
The property is located at 99 Lewis Street Perth Amboy, NJ.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 5‑unit multifamily building with reported annual gross income exceeding $100,000; Interior renovations completed about a year ago; Rents reported slightly below market rates, offering potential upside
