523 State Street Perth Amboy, NJ 08861
Listing Courtesy of: CENTRAL NEW JERSEY / Coldwell Banker Realty / Jonathan Gruebel

  523 State Street Perth Amboy, NJ 08861

Active (154 Days)

Description

Excellent Investment opportunity featuring a well maintained, huge 2 family brick building with a high-end finish 4 bedroom, 2 bath apartment with granite counter tops and stainless steel appliances and newer flooring over a 3 bedroom 2 bathroom apartment with a 6-8 car driveway for potential additional income. Both units are separately metered for gas, electric, water and sewer with tenants responsible for all utilities. 1st Floor tenant pays $2500 per month (month to month) and 2nd floor tenant pays $3200 per month (lease expiring Nov 30,2024). Gross rent roll currently is $68,400.

MLS #:
2412422R
Taxes
$9,635(2023)
Type
Multifamily
Year Built
1910
County
Middlesex County

Listed By

Jonathan Gruebel, Coldwell Banker Realty
Source
CENTRAL NEW JERSEY
Last checked Nov 5 2024 at 6:10 AM GMT+0000
Bathroom Details
Interior Features
  • Water Heater
  • Gas)
  • Water Heater(See Remarks
  • Unit 2(4 Bedrooms
  • 2+ Baths)
  • Unit 1(3 Bedrooms
Lot Information
  • See Remarks
  • Near Train
  • Near Shopping
Property Features
  • Foundation: Basement
  • Foundation: Full
Heating and Cooling
  • Forced Air
  • A/C Central - All
Basement Information
  • Storage Space
  • Full
Exterior Features
  • Roof: Flat
  • Roof: See Remarks
Utility Information
  • Utilities: Natural Gas Connected, Electricity Connected
  • Sewer: Public Sewer
Parking
  • See Remarks
  • 4(+)Car Parking
Stories
  • 2

Listing Brokerage Notes
Buyer Brokerage Compensation: 2%
*Details provided by the brokerage, not MLS (Multiple Listing Service). Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Aug 09, 2024
Price Changed
$729,900
-9%
-70,100
Jun 03, 2024
Original Price
$800,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2024 Central New Jersey MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/4/24 22:10