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361 Prospect Street

Perth Amboy, NJ 08861
  • $1,075,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 2612858R
UPDATED: 44 min ago
$1,075,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,868
    SQFT
  • $375
    $/SQFT
Type:
Multi-Family
Built:
1903
County:
Area:

School Ratings & Info

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)

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Central Jersey MLS logo The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2026, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Data last updated: 2026-04-17T15:03:11.913.
www.teambraconihomesales.com/homes/174515477
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361 Prospect Street Perth Amboy, NJ 08861

  • Price: $1,075,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 44 min ago
  • MLS #: 2612858R
0
Beds
0
Baths
0
½ Baths
0.12
Acres
2,868
SQFT
$375
$/SQFT
1903
Built
County:
Middlesex
Area:
Perth Amboy
Property 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)
Exterior Features

Carport Spaces 0 Exterior Features PatioPorch(es) - EnclosedPorch Lot Features Level Parking Features GarageDetached Patio And Porch Features PatioEnclosedPorch

Interior Features

Appliances Water Heater(From FurnaceSee RemarksGas)Water Heater Basement Partially FinishedStorage Space Cooling A/C Window Unit(s) Heating CentralSee Remarks Interior Features Unit 1(2 BedroomsKitchenLiving Room2+ Baths)Unit 2(2 BedroomsKitchen1 BathLiving Room)Unit 3(4 BedroomsKitchenLiving Room2+ Baths) Stories Total 2

Property Features

Attached Garage YN No Carport YN No Garage YN Yes Heating YN Yes Lease Term Unit 1(Month-Month)Unit 2(Month-Month) Owner Pays Unit 1 Owner Pays(See Remarks)Unit 2 Owner Pays(See Remarks)Unit 3 Owner Pays(See Remarks) Ownership Fee Simple Property Sub Type 3 Family Sewer Public Sewer Tax Annual Amount 9972 Tax Year 2025 Utilities Natural Gas Connected Water Source Public Zoning R-25



Central Jersey MLS logo Listing courtesy of EXP REALTY, LLC: .
Copyright 2026, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC.. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.




Central Jersey MLS logo The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2026, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Data last updated: 2026-04-17T15:03:11.913.
 
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