-361 Prospect Street, Perth Amboy, NJ 08861
Local realty services provided by:ERA Reed Realty, Inc.
Office: exp realty, llc.
MLS#:2612858R
Source:NJ_MCMLS
Price summary
- Price:$1,075,000
- Price per sq. ft.:$374.83
About this home
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)
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Home facts
- Year built:1903
- Listing ID #:2612858R
- Added:47 day(s) ago
- Updated:May 14, 2026 at 02:55 PM
Rooms and interior
- Total bathrooms:5
- Rooms Total:14
- Kitchen Description:Kitchen
- Basement Description:Partially Finished, Storage Space
- Living area:2,868 sq. ft.
Heating and cooling
- Cooling:A/C Window Unit(s)
- Heating:Central
Structure and exterior
- Year built:1903
- Building area:2,868 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Level
- Exterior Features:Enclosed, Patio, Porch
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,075,000
- Price per sq. ft.:$374.83
- Tax amount:$9,972
Features and amenities
- Appliances:Water Heater
Parking
- Parking description:Detached
- Garage:Yes
- Garage spaces:3
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