For Sale

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Photo of 361 Prospect Street, Perth Amboy NJ
361 Prospect Street
Perth Amboy, NJ 08861
Bedrooms
8
Full Baths
0
Acres
0.1205
Age
123
Heating
Central
Gas
Natural Gas
Cooling
Window Unit
Water
Public
Sewer
Public
Basement
Finished
Taxes (2025)
$9,972
Garages
3
Parking
Detached
Additional Details Below

Description

Investor special! High-yield 3-family property in Perth Amboy offering exceptional cash flow at an attractive entry price. Property highlights: (3) Income-generating units (including a large 4-bedroom) (3) garages for added revenue Tenants pay all utilities = low expenses With $99K gross income and $86K NOI, this deal presents a rare opportunity to secure an 8% cap rate in a growing market. Ideal for: Investors seeking maximum cash flow Value-add buyers looking to increase rents over time Seller open to seller financing. Shared Driveway. As-Is, Buyer is responsible for CO. *Some photos are virtually enhanced)

Location

Listing Details

Property Information

Summary
Design Type

Multi Family

Parking

Garage, Detached

Interior Features
Basement

Partially Finished, Storage Space

Interior Features

Unit 1 (2 Bedrooms,Kitchen,Living Room,2+ Baths), Unit 2 (2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 3 (4 Bedrooms,Kitchen,Living Room,2+ Baths)

Appliances

Water Heater(From Furnace,Gas), Water Heater

Exterior Features
Lot Features

Level

Exterior Features

Patio, Porch(es) - Enclosed, Porch, Patio, Enclosed, Porch

Utilities
Cooling

A/C Window Unit(s)

Heating

Central

Sewer

Public Sewer

Water

Public

Additional Utilities

Natural Gas Connected

Miscellaneous

Assessment : 0
Zoning: R-25
Lattitude : 40.513008
Longitude : -74.274933
MLS# : 2612858R
Views : 24
Listing Courtesy: EXP REALTY, LLC

Notes

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