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Sold for $515,000 on 12/13/23
  • $515,000

    551 Colgate Ave, Perth Amboy, NJ 08861

    4beds
    1,568sqft
    Multi Family
    Built in 1949
    -- sqft lot
    $611,500 Zestimate®
    $328/sqft
    $3,440 Estimated rent

    Home value

    $611,500

    $575,000 - $648,000

    $3,440/mo

    Zestimate® history
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    $3,561/mo

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    What's special

    Great opportunity to own this full of potential 2 family in this great Washington Park location, featuring 2 bedroom each apartment, 1st floor features formal dining room. Beautiful private yard ideal for entertainment with a nice above ground pool and well kept patio.

    Zillow last checked: 8 hours ago

    Listing updated: November 16, 2025 at 10:36pm

    Listed by:

    ENRIQUE HERNANDEZ,

    PETRA BEST REALTY LLC 732-442-1400

    Source: All Jersey MLS,MLS#: 2353244MMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard
    Cooling
    • None
    Appliances
    • Included: Water Heater(Gas), Water Heater
    Features
    • Basement: Full, Recreation Room
    Interior area
    • Total structure area: 1,568
    • Total interior livable area: 1,568 sqft

    Property

    Parking
    • Parking features: 1-2 Car Parking, Paved
    Features
    • Stories: 2
    Lot
    • Size: 6,751 sqft
    • Dimensions: 75X90
    • Features: Near Public Transit
    Details
    • Parcel number: 16001900600009
    • Zoning: R-50

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1949

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Natural Gas Connected

    Community & neighborhood

    Location
    • Region: Perth Amboy

    Other

    Other facts
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/1/2025Listed for sale$480,000-6.8%$306/sqft
    Source: All Jersey MLS #2353244M
    12/13/2023Sold$515,000+3%$328/sqft
    Source: All Jersey MLS #2353244M
    11/15/2023Contingent$500,000$319/sqft
    Source: All Jersey MLS #2353244M
    11/1/2023Price change$500,000+4.2%$319/sqft
    Source: All Jersey MLS #2353244M
    10/30/2023Listed for sale$480,000$306/sqft
    Source: All Jersey MLS #2353244M

    Public tax history

    YearProperty taxesTax assessment
    2024$8,363 +0.2%$277,200
    2023$8,346 +1.2%$277,200
    2022$8,247 -0.1%$277,200

    Find assessor info on the county website

    Neighborhood: 08861

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $611,500

    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

    $611,500