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Under contract
  • $719,000

    288 Oak St, Perth Amboy, NJ 08861

    8beds
    0baths
    --sqft
    : 
    Multi Family
    Built in 1909
    -- sqft lot
    $748,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Up to date appliances
    Back on Market. Buyer couldn't perfom. This three family has been fully renovated with up to date appliances except unit one. Landlord pays only taxes and insurance. Tenants pay rent, utlities, incl. water. Prime investment opportunity with a good cap rate. (There is another building attached to this building for sale with 2 units fully renovated as well located at 286 Oak st. Can be purchased as a package). Unit 1 has 2 bedrooms, 1 bath. Tenant in place for years Month 2 Month lease. Rent: $1,300 per month (market value: $2,200-$2,300 per month). Month-to-month lease (not renovated due to current tenancy. Unit 2 has 3 bedrooms, 1 bath. Fully renovated. Rent: $2,300 per month. Lease expires July 31. Unit 3 has 3 bedrooms, 1 bath. Fully renovated. Rent: $2,300 per month. On a lease till July 31. Details Sale price: $719,000. All units pay their own water Landlord pays only taxes and insurance. Buyer responsible for Certificate of Occupancy (CO) (286 Oak is also for sale. 2 family attached to 288 Oak. Fully rented)
    59 days
    on Zillow
    |
    23
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: March 25, 2025 at 10:28am

    Listed by:

    Karim Ramos,

    RE/MAX FIRST REALTY II 908-664-1500

    Source: All Jersey MLS,MLS#: 2510014RMLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 0
    Heating
    • Radiant
    Cooling
    • A/C Window Unit(s)
    Appliances
    • Included: Water Heater(See Remarks), Water Heater
    Features
    • Unit 1(2 Bedrooms), Unit 2(3 Bedrooms), Unit 3(3 Bedrooms)
    • Basement: Full, None
    Interior area
    • Total structure area: 0
    Video & virtual tour

    Property

    Features
    • Stories: 3
    Lot
    • Features: See Remarks
    Details
    • Parcel number: 2116000690000000280000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1909

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: See Remarks

    Community & HOA

    Location
    • Region: Perth Amboy

    Financial & listing details

    • Tax assessed value: $317,300
    • Annual tax amount: $9,553
    • Date on market: 3/5/2025
    • Ownership: Fee Simple
    • Lease term: Unit 2(Month-Month),Unit 4(Month-Month)
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