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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Owner options
Explore your selling options
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#: 2353244M
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
| Date | Event | Price |
|---|---|---|
| 11/1/2025 | Listed for sale | $480,000-6.8%$306/sqft |
Source: | ||
| 12/13/2023 | Sold | $515,000+3%$328/sqft |
Source: | ||
| 11/15/2023 | Contingent | $500,000$319/sqft |
Source: | ||
| 11/1/2023 | Price change | $500,000+4.2%$319/sqft |
Source: | ||
| 10/30/2023 | Listed for sale | $480,000$306/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 5/10Samuel E Shull Middle SchoolGrades: 5-8Distance: 0.7 mi
- 1/10Perth Amboy High SchoolGrades: 9-12Distance: 0.9 mi
- 3/10James J. Flynn Elementary SchoolGrades: K-4Distance: 0.7 mi
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
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
