Photo of 361 Prospect Street, Perth Amboy NJ
     
361 Prospect Street
Perth Amboy, NJ 08861
Perth Amboy City
Perth Amboy
Middlesex County
Asking Price$1,075,000
Bedrooms8
Full Baths0
Acres0.1205
Age123
HeatingCentral
GasNatural Gas
CoolingWindow Unit
WaterPublic
SewerPublic
BasementFinished
Taxes (2025)$9,972
Garages3
ParkingDetached

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)

Room Sizes

Location


Details
Design Type - Multi Family
Parking - Garage, Detached
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
Lot Features - Level
Exterior Features - Patio, Porch(es) - Enclosed, Porch, Patio, Enclosed, Porch
Cooling - A/C Window Unit(s)
Heating - Central
Sewer - Public Sewer
Water - Public
Additional Utilities - Natural Gas Connected

Notes
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Assessment : 0
Latitude : 40.513008
Longitude : -74.274933
EveryHome Number : 612858-32026
Listing Courtesy EXP REALTY, LLC
Zoning Designation R-25