361 Prospect St Perth Amboy, NJ 08861
Southwestern Perth Amboy NeighborhoodEstimated payment $6,536/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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
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 | 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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