361 Prospect St Perth Amboy, NJ 08861
Southwestern Perth Amboy NeighborhoodEstimated payment $6,569/month
Highlights
- 0.12 Acre Lot
- Enclosed Patio or Porch
- Heating Available
- 3 Car Detached Garage
- Level Lot
About This Home
Investor special! High-yield 3-family property in Perth Amboy offering exceptional cash flow at an attractive entry price. Property highlights: (3) Income-generating units (including a large 4-bedroom) (3) garages for added revenue Tenants pay all utilities = low expenses With $99K gross income and $86K NOI, this deal presents a rare opportunity to secure an 8% cap rate in a growing market. Ideal for: Investors seeking maximum cash flow Value-add buyers looking to increase rents over time Seller open to seller financing. Shared Driveway. AS IS, Buyer is responsible for CO. *Some photos are virtually enhanced)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,972
Year Built
- Built in 1903
Lot Details
- 5,249 Sq Ft Lot
- Lot Dimensions are 105.00 x 0.00
- Level Lot
Parking
- 3 Car Detached Garage
Interior Spaces
- 5 Bathrooms
- 2,868 Sq Ft Home
- 2-Story Property
- Partially Finished Basement
- Basement Storage
Outdoor Features
- Enclosed Patio or Porch
Utilities
- Window Unit Cooling System
- Heating Available
- Water Heater
Community Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,396 | $313,800 | $99,000 | $214,800 |
| 2024 | $8,380 | $278,300 | $99,000 | $179,300 |
| 2023 | $8,380 | $278,300 | $99,000 | $179,300 |
| 2022 | $8,279 | $278,300 | $99,000 | $179,300 |
| 2021 | $8,291 | $278,300 | $99,000 | $179,300 |
| 2020 | $8,288 | $278,300 | $99,000 | $179,300 |
| 2019 | $8,318 | $278,300 | $99,000 | $179,300 |
| 2018 | $8,246 | $278,300 | $99,000 | $179,300 |
| 2017 | $8,229 | $278,300 | $99,000 | $179,300 |
| 2016 | $8,015 | $278,300 | $99,000 | $179,300 |
| 2015 | $8,071 | $278,300 | $99,000 | $179,300 |
| 2014 | $8,121 | $278,300 | $99,000 | $179,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2026 03/27/26 | For Sale | $1,075,000 | 0.0% | $375 / Sq Ft |
| 10/28/2025 10/28/25 | Rented | $2,850 | 0.0% | -- |
| 10/03/2025 10/03/25 | For Rent | $2,850 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $225,000 | Fidelity Natl Title Ins Co | |
| Sheriffs Deed | -- | None Available | |
| Deed | $360,000 | -- | |
| Deed | $177,500 | -- | |
| Deed | $160,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $225,000 | Balloon | |
| Previous Owner | $280,000 | No Value Available | |
| Previous Owner | $173,620 | FHA | |
| Previous Owner | $143,000 | FHA |
Source: All Jersey MLS
MLS Number: 2612858R
APN: 16-00159-0000-00004
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