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Amboy Avenue Multifamily Home for Sale

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    $749,500

    • 5 Beds
    • 2.5 Baths

    651 Penn St, Perth Amboy, NJ 08861

    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

    DANA CADENA LIFESTYLE INTERNATIONAL REALTY

    651 Penn St, Perth Amboy, NJ 08861

Why Live in Amboy Avenue

Amboy Avenue in Perth Amboy features a variety of home styles, including single- and multi-family colonials, national-style homes, and Cape Cods from the early- to mid-1900s. In recent years, some older homes have been replaced with contemporary designs. While some properties have small yards and driveways, many residents use street parking. Homes generally sell within three weeks. Nearby Rudyk Park offers basketball courts, a baseball diamond, a soccer field, and a playground. William Warren Park, located one mile north, provides numerous sports facilities, forested trails, and an outdoor gym. One mile south, Perth Amboy’s waterfront features a walkway, marina, fishing pier, and a sandy beach along Raritan Bay. Amboy Avenue has local businesses like Daisy's Supermarket and dining options such as The Latin Grill and Eden's Legacy. For larger grocery needs, ShopRite is less than a mile west. The neighborhood is highly walkable, and Perth Amboy’s downtown train station connects to Manhattan. The NJ Transit 116-bus line provides access to the Port Authority Bus Terminal. Commuters can use Outerbridge Crossing to reach Staten Island and the Garden State Parkway for Newark and South Jersey. HMH Raritan Bay Medical Center is conveniently located in the neighborhood, and Newark Liberty International Airport is 13 miles north.

Home Trends in Amboy Avenue, NJ

Housing Trends

Median Sale Price
$414,654
Median Single Family Sale Price
$375,000
Median Townhouse Sale Price
$414,654
Median 2 Bedroom Sale Price
$1,220,000
Average Price Per Sq Ft
$277
Number of Homes for Sale
9
Last 12 months Home Sales
38
Months of Supply
2.80
Median List Price
$451,990
Median Change From 1st List Price
1%
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