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    Property profile & analytics

    720-722 Charles St, Unit 722 Perth Amboy, NJ 08861-2832

    • Residential income homes
    • 1,840 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimation
    $1,000,000
    Last Sale
    Sep 21, 2023
    $870,000
    Location Intelligence
    Property ID
    US59-1288110
    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 720-722 Charles St

    Year built
    1940
    Construction
    FRAME
    Lot size
    0.22 lot acres
    Property size
    1,840 SF
    Zone code
    R-25
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    16 00361-0000-00012
    APU
    1600361000000012

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,050,000

    • CAP approach

      CAP return
      Estimation
      6%
      $840,000
      6.5%
      $815,000
      7%
      $800,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $925,000
      Geo Method
      $855,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $795,000
      Retail
      $775,000
      Mixed-Use
      $705,000
      Hospitality
      $745,000
      Educational
      $950,000
      Residential Income
      $850,000
      Energy
      $800,000
      Income-Based Land
      $710,000
      Food Service
      $755,000

    Location Insight

    • Map
    • Local Demand
    City
    Perth Amboy
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2649
    Latitude
    40.5225
    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
    $14,875
    $108,400
    $391,600
    $500,000
    -
    $108,400
    $391,600
    $500,000

    Comparable in this City

    • Value Estimation
      $420,000
      4,416 SF

      60 1st St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,416 SF
      60 1st St, Perth Amboy, NJ 08861-4742
      View Details
    • Value Estimation
      $405,000
      3,155 SF

      129 Market St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,155 SF
      129 Market St, Perth Amboy, NJ 08861-4375
      View Details
    • 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

    Similar Nearby for Sale

    • $1,249,000
      3,248 SF

      Mix-Use Property: Investment Opportunity

      Mix-use property with bar, restaurant, and apartments for sale.
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      Five-unit mixed-use building in downtown Perth Amboy, offering stable income.
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      Two-unit property ideal for investors or multi-generational living.
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    • New
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      Mediterranean-style duplex near marina with income potential.
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      Well-maintained two-family home with a bonus finished basement and garage.
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      Fully renovated triplex with three units and individual utilities.
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    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
    • $12 SF/Yr
      3,470 SF

      Prime Commercial Land, Division St.

      Warehouse Land: Build Your Business!
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      View Details
    • $20 SF/Yr
      1,744 SF

      Perth Amboy Office Space For Lease

      Prime Office, 1744 sq ft, High Visibility
      485 New Brunswick Ave, Perth Amboy, NJ 08861
      View Details
    • Contact for pricing
      800,000 SF

      Industrial Buildings Near NJ Turnpike

      Two industrial buildings available for lease near major transportation routes.
      1160 State St, Perth Amboy, NJ 08861
      View Details
    • $9 SF/Yr
      150,000 SF

      Perth Amboy Warehouse Space

      150,000 SF warehouse space near major highways.
      1 Buckingham Ave, 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
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    Perth Amboy, NJ 08861-2832
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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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