$575,000
UNDER CONTRACT

283 Water St Perth Amboy, NJ 08861

The Waterfront Neighborhood

Estimated payment $4,020/month

Total Views 9,551
-- Bed
-- Bath
2,067 Sq Ft
$278 Price per Sq Ft

Highlights

  • Water Views
  • Forced Air Heating System
  • 2-minute walk to The Market Square Garden
  • Property is near shops

About This Home

Welcome to this charming 3-family house located in the desirable city of Perth Amboy. This property offers a fantastic investment opportunity with three separate units, each in good condition and occupied by clean and responsible tenants. In summary, this meticulously maintained 3-family house in Perth Amboy offers a renovated second floor, as well as renovated studio and third-floor apartments. With clean and responsible tenants in place, this property presents an excellent investment opportunity for those seeking a well-maintained and profitable real estate venture.

Listing Agent

Hasan Muwakkil

REAL Listed on: 05/30/2023

REAL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,645

Year Built

  • Built in 1890

Lot Details

  • 5,114 Sq Ft Lot
  • Lot Dimensions are 155.00 x 33.00

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Asphalt Roof

Interior Spaces

  • 2,067 Sq Ft Home
  • 3-Story Property
  • Water Views

Location

  • Property is near shops

Utilities

  • Forced Air Heating System
  • Hot Water Baseboard Heater
  • Underground Utilities
  • Gas Available at Street
  • Gas Water Heater

Community Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,645

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: 3 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1174
  • Lot Size: 155.00 x 33.00
  • Ownership: See Remarks
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 3
  • Year Built: 1890
  • ResoPropertyType: ResidentialIncome
  • Special Features: 4224
  • Stories: 3

Interior Features

  • Appliances: Water Heater(Gas), Water Heater, Unit 1(Range/Oven,Refrigerator), Unit 2(Range/Oven,Refrigerator), Unit 3(Range/Oven,Refrigerator)
  • Owner Pays: Unit 1 Owner Pays(Water), Unit 2 Owner Pays(Water), Unit 3 Owner Pays(Water)
  • Interior Amenities: Unit 1(Kitchen,1 Bath,Living Room,See Remarks), Unit 2(1 Bedroom,Kitchen,1 Bath,Living Room), Unit 3(Dining Room,3 Bedrooms,Kitchen,Living Room,1 1/2 Baths)
  • Living Area: 2067
  • Stories: 3

Exterior Features

  • Lot Features: Near Shopping, Waterview
  • Roof: Asphalt, Flat

Garage/Parking

  • Parking Features: On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Central - Some,A/C Wall Unit(s)
  • Heating: Baseboard Hotwater, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Electricity Connected, Gas In Street
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 5114
  • Zoning: R-60

Tax Info

  • Tax Annual Amount: 10645
  • Tax Year: 2022

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,773 $357,800 $133,400 $224,400
2023 $10,773 $357,800 $133,400 $224,400
2022 $10,645 $357,800 $133,400 $224,400
2021 $10,659 $357,800 $133,400 $224,400
2020 $10,655 $357,800 $133,400 $224,400
2019 $10,695 $357,800 $133,400 $224,400
2018 $10,602 $357,800 $133,400 $224,400
2017 $10,580 $357,800 $133,400 $224,400
2016 $10,305 $357,800 $133,400 $224,400
2015 $10,376 $357,800 $133,400 $224,400
2014 $10,441 $357,800 $133,400 $224,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2023 08/09/23 Sold $630,000 +9.6% $249 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $575,000 -- $227 / Sq Ft
Source: All Jersey MLS

Purchase History

Date Type Sale Price Title Company
Deed $630,000 Stewart Title
Deed $570,000 Stewart Title Guaranty Company
Deed $330,000 Attorneys Land Title Agencie
Deed $230,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $430,000 New Conventional
Previous Owner $559,675 FHA
Previous Owner $303,837 FHA
Previous Owner $318,988 New Conventional
Previous Owner $223,000 FHA
Source: Public Records

Source: All Jersey MLS

MLS Number: 2312887R

All Jersey MLS

APN: 16-00054-0000-00018

New Jersey Middlesex County Perth Amboy 08861 The Waterfront

283 Water St, Perth Amboy, NJ

This home is located at 283 Water St, Perth Amboy, NJ 08861 and is currently priced at $575,000, approximately $278 per square foot. This property was built in 1890. 283 Water St is a home located in Middlesex County with nearby schools including Perth Amboy High School, Academy for Urban Leadership Charter School, and Perth Amboy Catholic Primary School.

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Hasan Muwakkil
Listing Agent
Hasan Muwakkil
Section Image
REAL
(848) 283-5450