168 1st Street, Perth Amboy, NJ 08861
Middlesex County
Key Facts
Description
Excellent investment opportunity in a prime location! This versatile multi-family property features a spacious 1-bedroom apartment complete with a living room, kitchen, and full bathroom, along with four additional private rooms with shared common facilities. Both the apartment and rooms are currently occupied, providing steady rental income for the owner. The property also offers a large backyard and ample off-street parking for tenants and guests. One of the standout features is the potential to convert the property into a duplex, creating additional value and increasing future rental income potential. The existing layout offers flexibility and can be easily modified to fit a variety of investment goals. Conveniently located near close New York Transport, shopping, restaurants, and public transportation, this is a rare opportunity to own a profitable income-producing property in a highly desirable area. Don't miss out on this exceptional investment opportunity!This property features a unique combination of a private 1-bedroom apartment and a 4-room boarding house.Deep Lot With 4 Parking Spots .A Must See !!!
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
1891
Stories
2
Living Area
1,878 sq ft
Lot Size
0.09 acres
Lot Dimensions
150.00 x 0.00
Ownership
Fee Simple
Days on Market
2
MLS® Listing#
2615593R
Property Features
Interior
Appliances
Cooling
Heating
Basement
Patio
Lot Features
Construction
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$6,357
Tax year 2024
Assessed Value
$282,900
Parcel Number
1600034000000050
Directions
Patterson To 1st
Affordability Calculator
$115,800
Estimated monthly payment
$3,082/mo
Principal $463,200 · Est. interest $646,205 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Perth Amboy, NJ
- $535,294
- Median Listing Price
- 53
- Median Days on Market
- 1,560
- Median Sq Ft
- $323
- Median Price / Sq Ft
- 140
- Active Listings
- This home’s price is 8% above the area median.
- Its price per sq ft is 5% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Perth Amboy, NJ.
Location
Points of Interest in Perth Amboy, NJ
Showing the Perth Amboy area map.
Nearby Schools
Robert N. Wilentz Elementary School
Elementary · 0.3 mi away
Peterson Elementary School
Elementary · 0.3 mi away
William C. McGinnis Middle School
Secondary · 0.3 mi away
Perth Amboy Public Schools
School · 0.5 mi away
Government Offices City Public Schools
Elementary · 0.5 mi away
Acelero Learning Center
School · 0.6 mi away
Anthony V Ceres School
Elementary · 0.7 mi away
Rose M. Lopez Elementary School
Elementary · 0.8 mi away
Perth Amboy Magnet School
Secondary · 0.8 mi away
Perth Amboy Catholic School
School · 0.9 mi away
Academy for Urban Leadership Charter School
School · 1.1 mi away
Samuel E. Shull Middle School
Secondary · 1.1 mi away
Assumption Catholic School
School · 1.2 mi away
Perth Amboy High School
Secondary · 1.3 mi away
Children Center for Learning
School · 1.5 mi away
Middlesex County Stem Charter School
Elementary · 1.5 mi away
Perth Amboy Catholic Primary
Elementary · 1.5 mi away
P. S. 1 the Tottenville School
Elementary · 1.6 mi away
I. S. 034 Tottenville
Secondary · 1.6 mi away
St. Mary's Roman Catholic Church of South Amboy
Secondary · 1.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 241 Walnut Street, South Amboy, NJ | $415,000 | 2 | 1 | 1,079 |
| 357 Portia Street, South Amboy, NJ | $415,000 | 3 | 2 | 1,236 |
| 357 Portia Street, South Amboy, NJ | $415,000 | 3 | 2 | — |
| 402 Holly Drive, Perth Amboy, NJ | $415,000 | 4 | 3 | 1,578 |
| 368 RECTOR Street 307, Perth Amboy, NJ | $419,900 | 2 | 2 | 1,339 |
| 368 Rector Street 307, Perth Amboy City, NJ | $419,900 | 2 | 2 | 1,339 |
Moving Cost Estimate
EXIT Agents in Perth Amboy
Listing Courtesy: EXP REALTY, LLC - 8662016210