**Charming Multi-Family Gem in Downtown Perth Amboy - Your Next Investment Awaits!** Discover an incredible opportunity to own a multi-family residence in the vibrant heart of Downtown Perth Amboy! This well-maintained property features two spacious units, both currently occupied and generating incomemaking it a dream investment for savvy buyers. Enjoy the benefits of low taxes and separate gas and electric meters, providing ease of management and potential for increased cash flow. Each unit boasts a cozy Family Room/Den, perfect for use as an additional bedroom or a relaxing retreat. The property also includes a large storage shed in the back and a fully fenced yard, offering plenty of outdoor space for tenants to enjoy. Commuters will appreciate the convenience of being just 6 minutes from the Perth Amboy Train Station, with direct trains to NYC for an easy commute. This property is being sold AS-IS, providing you with a fantastic canvas to make it your own or continue as a successful rental. For showings, please reach out to the agent to coordinate with the tenants. Don't miss out on this exceptional investment opportunityschedule your showing today and take the first step toward owning this delightful multi-family home!
For sale
$550,000
655 Charles St, Perth Amboy, NJ 08861
2beds
2baths
1,584sqft
Est.:
Multi Family
Built in 1939
-- sqft lot
$550,800 Zestimate®
$347/sqft
$-- HOA
What's special
Spacious unitsFully fenced yard
- 56 days |
- 433 |
- 15 |
Zillow last checked: 8 hours ago
Listing updated: November 11, 2025 at 08:16am
Listed by:
GREGORY JEAN,
SIGNATURE REALTY NJ 973-921-1111
Source: All Jersey MLS,MLS#: 2607309R
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Baseboard, Radiant
Cooling
- A/C Wall Unit(s), A/C Window Unit(s)
Appliances
- Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
Features
- Unit 1(1 Bedroom, Kitchen, 1 Bath, Living Room, Den/Family Room), Unit 2(1 Bedroom, Kitchen, 1 Bath, Living Room, Den/Family Room)
- Basement: Partial, Utility Room
Interior area
- Total structure area: 1,584
- Total interior livable area: 1,584 sqft
Property
Parking
- Parking features: On Street
Accessibility
- Accessibility features: Unit 1 Accessibility Features, Unit 2 Accessibility Features
Features
- Stories: 2
- Patio & porch: Patio
- Exterior features: Patio
Lot
- Size: 4.71 Acres
- Dimensions: 100.00 x 2052.00
- Features: Near Public Transit
Details
- Parcel number: 160034600000001701
- Zoning: R-25
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1939
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: $347/sqft
- Tax assessed value: $236,000
- Annual tax amount: $7,120
- Date on market: 11/11/2025
- Ownership: Fee Simple
- Electric utility on property: Yes
Estimated market value
$550,800
$523,000 - $578,000
$2,462/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/11/2025 | Listed for sale | $550,000$347/sqft |
Source: | ||
| 10/9/2025 | Listing removed | $550,000$347/sqft |
Source: | ||
| 10/3/2025 | Listed for sale | $550,000+40.6%$347/sqft |
Source: | ||
| 1/31/2024 | Sold | $391,300-1.9%$247/sqft |
Source: | ||
| 12/14/2023 | Contingent | $399,000$252/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,120 | $236,000 |
| 2024 | $7,120 +0.2% | $236,000 |
| 2023 | $7,106 +1.2% | $236,000 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,672/mo
Principal & interest
$2645
Property taxes
$834
Home insurance
$193
Climate risks
Neighborhood: Hall Avenue
Nearby schools
GreatSchools rating
- 4/10Edward J Patten Elementary SchoolGrades: K-4Distance: 0.2 mi
- 5/10Samuel E Shull Middle SchoolGrades: 5-8Distance: 0.4 mi
- 1/10Perth Amboy High SchoolGrades: 9-12Distance: 0.3 mi
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