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    Property profile & analytics

    198 Meade St Perth Amboy, NJ 08861-4514

    • Residential income homes
    • 3,592 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Location Intelligence
    Property ID
    US59-1024014
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 198 Meade St

    Year built
    1911
    Construction
    FRAME
    Lot size
    0.08 lot acres
    Property size
    3,592 SF
    Zone code
    R-25
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    16 00083-0000-00001
    APU
    1600083000000001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $290,000
      6.5%
      $255,000
      7%
      $290,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $260,000
      Geo Method
      $310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $305,000
      Retail
      $315,000
      Mixed-Use
      $260,000
      Hospitality
      $305,000
      Educational
      $330,000
      Residential Income
      $335,000
      Energy
      $240,000
      Income-Based Land
      $330,000
      Food Service
      $295,000

    Location Insight

    • Map
    • Local Demand
    City
    Perth Amboy
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2805
    Latitude
    40.5085
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $11,433
    $92,000
    $292,300
    $384,300
    -
    $92,000
    $292,300
    $384,300

    Comparable in this City

    • Value Estimation
      $730,000
      3,220 SF

      200 Madison Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,220 SF
      200 Madison Ave, Perth Amboy, NJ 08861-4677
      View Details
    • Value Estimation
      $235,000
      2,340 SF

      76 Broad St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,340 SF
      76 Broad St, Perth Amboy, NJ 08861-4470
      View Details
    • Value Estimation
      $520,000
      6,104 SF

      695 Charles St

      APARTMENT HOUSE (UNDER 5 UNITS) • 6,104 SF
      695 Charles St, Perth Amboy, NJ 08861-2856
      View Details
    • Value Estimation
      $305,000
      3,780 SF

      345-347 Grv St, Unit 347

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,780 SF
      345-347 Grv St, Perth Amboy, NJ 08861-2620
      View Details
    • Value Estimation
      $295,000
      2,270 SF

      532 Johnstone St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,270 SF
      532 Johnstone St, Perth Amboy, NJ 08861-3395
      View Details
    • Value Estimation
      $365,000
      4,408 SF

      515 Smith St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,408 SF
      515 Smith St, Perth Amboy, NJ 08861-3749
      View Details

    Similar Nearby for Sale

    • $1,460,000
      7,072 SF

      Mixed-Use Building in Opportunity Zone

      Five-unit mixed-use building in downtown Perth Amboy, offering stable income.
      303 Maple St, Perth Amboy, NJ 08861
      View Details
    • $1,249,000
      3,248 SF

      Mix-Use Property: Investment Opportunity

      Mix-use property with bar, restaurant, and apartments for sale.
      983 State St, Perth Amboy, NJ 08861
      View Details
    • $469,900
      2,237 SF

      Rented 3-Family Home, Perth Amboy

      Centrally located, fully rented 3-family home with great market potential.
      212 Hall Ave, Perth Amboy, NJ 08861
      View Details
    • $1,350,000
      2,627 SF

      Mixed-Use Building in Prime Location

      Mixed-use building with commercial and residential components in high-demand area.
      292 Smith St, Perth Amboy, NJ 08861
      View Details
    • $515,000
      1,720 SF

      Two-Family Home Near Outer Bridge

      Two-family home near Outer Bridge with backyard and full basement.
      168 Lynd St, Perth Amboy, NJ 08861
      View Details
    • New
      $515,000
      1,840 SF

      Two Family Perth Amboy Property

      Two-family property near transportation, schools, and stores in Perth Amboy.
      715 State St, Perth Amboy, NJ 08861
      View Details

    Similar Nearby for Lease

    • $2,399 /Mo

      Updated Second Floor Apartment

      Recently updated second-floor apartment available for rent.
      184 Meade St, Perth Amboy, NJ 08861
      View Details
    • $3,838 /Mo
      7,675 SF

      Perth Amboy Flexible Use Space

      7675 SF flexible space suitable for warehousing, light industrial.
      224 Washington St, Perth Amboy, NJ 08861
      View Details
    • Contact for pricing
      2,813 SF

      Retail Space in Neighborhood Center

      2,813 SF retail space available in Perth Amboy, NJ.
      365 Convery Blvd, Perth Amboy, NJ 08861
      View Details
    • $4,100 /Mo

      Commercial Land in Perth Amboy

      Commercial opportunity with office space, parking, shop, and storage.
      70 Fayette St, Perth Amboy, NJ 08861
      View Details
    • $4 SF/Yr
      2,964 SF

      Prime Commercial Space, Brace Ave.

      Fully renovated office, all utilities included.
      663 Brace Ave, Perth Amboy, NJ 08861
      View Details
    • $3,838 /Mo
      7,675 SF

      Perth Amboy Flexible Use Space

      7675 SF flexible space suitable for warehousing and light industrial.
      224 Washington St, Perth Amboy, NJ 08861
      View Details
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    Perth Amboy, NJ 08861-4514
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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