NOT LISTED FOR SALE

358 Lawrie St Perth Amboy, NJ 08861

Amboy Avenue Neighborhood

Estimated Value: $735,446 - $780,000

-- Bed
-- Bath
3,160 Sq Ft
$243/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $690,000 $218 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,093/month

77 Days on Market

About This Home

As of April 2024

Excellent Investment Opportunity for those looking to maximize their returns! This Brick 4 Family Property is located in Perth Amboy and offers a convenient location for tenants. One of the key advantages of this property is that all utilities are paid by the tenants except for water which provides a more stable and predictable cash flow for the owner. There are 4 apartments total, 2 - 2 bedrooms and 2 - 1 bedrooms. Full Basement. Property will be sold as is with the tenants.

Last Agent to Sell the Property

Alyssa Andrade

NON-MEMBER OFFICE Listed on: 10/11/2023

Co-Listed By

EUFEMIA ANDRADE

KP EDGESTONE REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,550

Year Built

  • Built in 1929

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 100.00 x 0.00

Home Design

  • Tile Roof

Interior Spaces

  • 3,160 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Location

  • Property is near shops

Utilities

  • No Cooling
  • Gas Water Heater

Community Details

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

Listing and Financial Details

  • The owner pays for unit 1 owner pays(see remarks water), unit 2 owner pays(see remarks), unit 3 owner pays(see remarks), unit 4 owner pays(see remarks)

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,550

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Sub Type: 4 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0574
  • Lot Size: 100.00 x 0.00
  • Co List Office Mls Id: STON
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1929
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(See Remarks,Water), Unit 2 Owner Pays(See Remarks), Unit 3 Owner Pays(See Remarks), Unit 4 Owner Pays(See Remarks)
  • Has Basement: Full, Divided Use, Interior Entry
  • Interior Amenities: Unit 1(1 Bedroom,Dining Room,Kitchen,1 Bath,Living Room), Unit 2(1 Bedroom,Dining Room,Kitchen,1 Bath,Living Room), Unit 3(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 4(2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 3160
  • Stories: 2

Exterior Features

  • Lot Features: Near Shopping
  • Roof: Tile

Utilities

  • Gas Company: Natural Gas
  • Cooling: None
  • Heating: See Remarks
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 2500
  • Zoning: R-25

Rental Info

  • Lease Term: Unit 1(No Lease),Unit 2(No Lease),Unit 4(No Lease)

Tax Info

  • Tax Annual Amount: 12550
  • Tax Year: 2023

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2023
Closed on
Apr 11, 2024
Sold by
Ghannoum Abdul M
Bought by
Rp Sister Property Llc
Seller's Agent
Alyssa Andrade
NON-MEMBER OFFICE
List Price
$775,000
Sold Price
$690,000
Premium/Discount to List
-$85,000
-10.97%
Views
199
Current Estimated Value
$767,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,362
Avg. Annual Appreciation
6.91%

Purchase Details

Closed on
Jun 29, 2021
Sold by
Dyke Family Limited Partnership
Bought by
Ghannoum Abdul M

Purchase Details

Closed on
Apr 27, 2001
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Rp Sister Property Llc $690,000 Investment Title
Ghannoum Abdul M $565,000 River Edge Title Agency
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2024 04/19/24 Sold $690,000 -1.3% $218 / Sq Ft
11/16/2023 11/16/23 Price Changed $699,000 -9.8% $221 / Sq Ft
10/11/2023 10/11/23 For Sale $775,000 +37.2% $245 / Sq Ft
08/31/2021 08/31/21 Sold $565,000 0.0% $179 / Sq Ft View Prior Sale
08/01/2021 08/01/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $565,000 -- $179 / Sq Ft
Source: All Jersey MLS

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 $12,575 $416,800 $91,400 $325,400
2024 $12,550 $416,800 $91,400 $325,400
2023 $12,550 $416,800 $91,400 $325,400
2022 $12,400 $416,800 $91,400 $325,400
2021 $11,743 $394,200 $91,400 $302,800
2020 $11,739 $394,200 $91,400 $302,800
2019 $11,783 $394,200 $91,400 $302,800
2018 $11,680 $394,200 $91,400 $302,800
2017 $11,656 $394,200 $91,400 $302,800
2016 $11,353 $394,200 $91,400 $302,800
2015 $11,432 $394,200 $91,400 $302,800
2014 $11,503 $394,200 $91,400 $302,800
Source: Public Records

Agents Affiliated with this Home

  • Alyssa Andrade

    Seller's Agent in 2024

    Alyssa Andrade

    NON-MEMBER OFFICE

    (718) 902-8377

    1 in this area

    3 Total Sales

    Alyssa Andrade
    Section Image

  • E

    Seller Co-Listing Agent in 2024

    EUFEMIA ANDRADE

    KP EDGESTONE REALTY LLC

    (732) 536-1200

    1 in this area

    2 Total Sales

    EUFEMIA ANDRADE
    Section Image
  • Enrique Hernandez

    Seller's Agent in 2021

    Enrique Hernandez

    PETRA BEST REALTY LLC

    (732) 841-7029

    26 in this area

    126 Total Sales

    Enrique Hernandez
    Section Image
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Map

Source: All Jersey MLS

MLS Number: 2404275R

All Jersey MLS

APN: 16-00209-0000-00012

New Jersey Middlesex County Perth Amboy 08861 Amboy Avenue

358 Lawrie St, Perth Amboy, NJ

Not Listed for Sale

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