169-171 Stevens Ave, South Amboy, NJ 08879
This exceptional five-unit apartment building, located at 169-171 N Stevens Avenue in South Amboy, New Jersey, presents a compelling investment opportunity. The property, identified by APN 20-00050-0000-00001, is zoned RA and offers a solid return on investment. The asking price is $999,900. This multifamily property consists of five individual rental units, making it an ideal investment for both seasoned and new investors seeking a stable income stream. Situated in Middlesex County, the property benefits from its convenient location in South Amboy, NJ, zip code 08879 (latitude 40.4829851, longitude -74.283844). The property's classification as an apartment building, specifically a duplex/triplex/quadruplex, suggests a diverse range of unit sizes and layouts, potentially catering to a varied tenant base. The building's strong potential for rental income, coupled with its strategic location, makes this a highly attractive proposition for those seeking a profitable addition to their real estate portfolio. Further due diligence is recommended to fully assess the property's financial performance and potential. This is a rare opportunity to acquire a well-situated multifamily property in a desirable New Jersey market. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.