$1,150,000
SOLD AUG 22, 2025

322 Smith St Perth Amboy, NJ 08861

Southwestern Perth Amboy Neighborhood
14 Beds
6 Baths
6,240 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$184 Per Sq Ft

12% Below List Price

27 Days on Market

Highlights

  • Multiple cooling system units
  • Baseboard Heating
  • 5-minute walk to Perth Amboy

About This Home

As of August 2025

Presenting a charming 6-unit apartment building in the heart of Perth Amboy, this well-maintained property offers a promising investment prospect. The building features four spacious 2-bedroom, 1-bath units, alongside two 3-bedroom, 1-bath units, all designed with classic appeal and functional layouts that attract quality tenants. Each unit is currently occupied with month-to-month leases, allowing flexibility in tenant management. Tenants are responsible for their utilities, with 6 gas and 7 electric meters on site. Additionally, the property includes 2 dedicated parking spaces at the rear. Easy access to local amenities, schools, shopping, and dining options. With its proximity to major highways and public transportation, commuting is effortless and great for rentals!

Last Agent to Sell the Property

Fei Yen

Keller Williams Realty West Monmouth License #1538472 Listed on: 03/13/2025

Keller Williams Realty West Monmouth

Last Buyer's Agent

NON MEMBER MORR

NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 100

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 6,240 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 6 Full Bathrooms

Parking

  • No Garage
  • On-Street Parking

Utilities

  • Multiple cooling system units
  • Baseboard Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • Exclusions: Personal Items
  • Tenant pays for heat, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 16-00116-0000-00001

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $700
  • Insurance Expense $5,000
  • Water Sewer Expense $1,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Six Family
  • Subdivision Name: None
  • Year Built: 1915
  • Contract Info List PriceSqFt: 208.33
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 25 x 100
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Garage None4: Yes
  • SidingBrick: Yes
  • Cooling Multi Units: Yes
  • Income Expenses Electric Expense: 700.0
  • Income Expenses Insurance Expense: 5000.0
  • Income Expenses WaterSewer Expense: 1300.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 14
  • Stories: 3
  • Full Basement: Yes

Exterior Features

  • Roof: Flat
  • Acres: 0.06
  • Waterfront: No
  • Exclusions: Personal Items
  • Construction Type: Brick
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Other, On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Multi Units
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes

Fee Information

  • Annual Water Sewer Expense: 1300.0

Lot Info

  • Lot Dimensions: 25 x 100
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 16-00116-0000-00001
  • Zoning Description: Multi-Family, Commercial

Rental Info

  • Tenant Pays: Heat, Gas, Electricity
  • Owner Pays: Water, Sewer

Multi Family

  • Number Of Units Total: 6
  • Electric Expense: 700.0
  • Insurance Expense: 5000.0

Tax Info

  • Tax Other Annual Assessment Amount: 560100.0

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2025 08/22/25 Sold $1,150,000 -11.5% $184 / Sq Ft
04/09/2025 04/09/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $1,300,000 -- $208 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

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
2025 $20,669 $685,100 $125,000 $560,100
2024 $20,628 $685,100 $125,000 $560,100
Source: Public Records

Agents Affiliated with this Home

  • Fei Yen

    Seller's Agent in 2025

    Fei Yen

    Keller Williams Realty West Monmouth

    (646) 491-0163

    1 in this area

    59 Total Sales

    Fei Yen
    Section Image

  • N

    Buyer's Agent in 2025

    NON MEMBER MORR

    NON MEMBER

See All Agents

Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22507012

MOREMLS (Monmouth Ocean Regional REALTORS®)
New Jersey Middlesex County Perth Amboy 08861 Southwestern Perth Amboy

322 Smith St, Perth Amboy, NJ

Sold

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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