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For sale
  • Price cut: $30.5K (3/8)
    $749,500

    651 Penn St, Perth Amboy, NJ 08861

    5beds
    2baths
    2,273sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $744,000 Zestimate®
    $330/sqft
    $-- HOA

    What's special

    Off-street parkingFull unfinished basementBeautiful wood floorsHalf bathroomFour detached garagesCorner lot
    Prime investment opportunity in the heart of Perth Amboy, NJ! The total yearly income currently shows: $68,208.00 with further upside potential. This positive income-producing two-unit multifamily property offers exceptional potential, featuring a 2 bedroom, 1 bath unit with access to a spacious three-room attic and a half bathroom, all wood flooring throughout. The second unit has 3 bedrooms, 1 full bathroom, also with beautiful wood floors. The property also includes a full unfinished basement, perfect for storage or future possibilities. Situated on a desirable corner lot, it comes with four detached garages, providing valuable off-street parking. Conveniently located near major commuter routes, this is a must-see for investors or owner-occupants looking for strong rental income!
    21 days
    on Zillow
    |
    220
    |
    10
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    Zillow last checked: 7 hours ago

    Listing updated: March 07, 2025 at 05:22pm

    Listed by:

    Dana B. Cadena,

    LIFESTYLE INTERNATIONAL REALTY 732-943-4908

    Source: All Jersey MLS,MLS#: 2509366RMLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 651 Penn St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Baseboard
    Cooling
    • A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit)
    Appliances
    • Included: Water Heater(Gas), Water Heater, Unit 1(Refrigerator), Unit 2(Refrigerator)
    Features
    • Unit 1(3 Bedrooms, 1 Bath), Unit 2(2 Bedrooms, 1 Bath)
    • Basement: Full, Storage Space, Tenant Use
    Interior area
    • Total structure area: 2,273
    • Total interior livable area: 2,273 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage, Detached, On Street
    • Garage spaces: 4
    Features
    • Stories: 3
    Lot
    • Size: 5,001 Square Feet
    • Dimensions: 100.00 x 0.00
    • Features: Corner Lot
    Details
    • Parcel number: 1600334000000013
    • Zoning: R-50

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Perth Amboy

    Financial & listing details

    • Price per square foot: $330/sqft
    • Tax assessed value: $291,600
    • Annual tax amount: $8,130
    • Date on market: 2/19/2025
    • Ownership: Fee Simple
    • Electric utility on property: Yes
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