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    169-171 Stevens Ave, South Amboy, NJ 08879

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    AI-generated overview

    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.

    Property profile
    Verified
    Property type Apartment buildings
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Permitted uses
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