Investment opportunity in a prime location! This property offers a spacious 1 bedroom apartment with a living room, kitchen, and bathroom, as well as 4 separate rooms with shared facilities. The apartment and the rooms are currently rented out, generating steady income for the owner. The property also has a large backyard with plenty of off-street parking. The best part is that this property has the potential/possibility to be converted into a duplex, increasing its value and rental income. The existing layout can be easily modified to suit your needs. This is a rare chance to own a versatile and profitable income-producing property located in a desirable location, close to the ferry to NY, shops, restaurants, and public transportation. Don't miss this opportunity!
Sold for $450,000 on 10/27/23
$450,000
168 1st St, Perth Amboy, NJ 08861
5beds
--sqft
Multi Family
Built in 1891
-- sqft lot
$583,200 Zestimate®
$--/sqft
$2,707 Estimated rent
Home value
$583,200
$537,000 - $630,000
$2,707/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 16, 2025 at 10:36pm
Listed by:
ACTION PLUS REALTY C-21 800-299-2129
Source: All Jersey MLS,MLS#: 2352224M
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Radiators-Hot Water
Cooling
- A/C Window Unit(s), Ceiling Fan(s)
Appliances
- Included: Water Heater(Gas), Water Heater
Features
- Unit 1(1 Bath, 1 Bedroom, Kitchen, Living Room), Unit 2(1 Bath, 4 Bedrooms, See Remarks)
- Basement: Full
Interior area
- Total structure area: 0
Property
Parking
- Parking features: 4(+)Car Parking
Features
- Stories: 2
Lot
- Size: 3,750 sqft
- Dimensions: 25X150
- Features: Near Public Transit, Near Shopping
Details
- Parcel number: 1600034000000050
- Zoning: R-25
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1891
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Perth Amboy
Other
Other facts
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/27/2023 | Sold | $450,000+0% |
Source:  All Jersey MLS #2352224M | ||
| 10/11/2023 | Contingent | $449,999 |
Source: All Jersey MLS #2352224M | ||
| 10/11/2023 | Pending sale | $449,999 |
Source:  MoreMLS #22323667 | ||
| 8/24/2023 | Listed for sale | $449,999+63.6% |
Source: All Jersey MLS #2352224M | ||
| 9/20/2022 | Sold | $275,000 |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,357 +6.5% | $210,700 +6.3% |
| 2023 | $5,968 +6.8% | $198,200 +5.5% |
| 2022 | $5,587 -0.1% | $187,800 |
Find assessor info on the county website
Neighborhood: 08861
Nearby schools
GreatSchools rating
- 4/10Robert N Wilentz Elementary SchoolGrades: K-4Distance: 0.3 mi
- 4/10Mc Ginnis Middle SchoolGrades: 5-8Distance: 0.3 mi
- 1/10Perth Amboy High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$583,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$583,200