442 Bordentown Ave South Amboy, NJ 08879
Estimated payment $4,978/month
About This Home
Great investment opportunity in the heart of South Amboy! This fully rented 3 unit home was renovated in 2024 and offers strong rental income with three spacious units: Unit 1 (right) features 4 bedrooms and 1 bath, currently rented at $3,200/month; Unit 2 (left) has 2 bedrooms, 1 bath, and a laundry room, rented at $2,500/month with 1 parking space included; Unit 3 (2nd floor) offers 2 bedrooms and 1 bath, also rented at $2,500/month totaling $8,200 in monthly rental income. All leases are month-to-month, providing flexibility for the new owner. The property includes a full walkout basement with high ceilings, perfect for storage or potential future living space, and a massive parking lot that fits over 20 vehicles. Conveniently located just minutes from the NYC ferry, NJ Transit, GSP, restaurants, parks, and more this is a turnkey opportunity you don't want to miss!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,928
Parking
- 1 Car Garage
Home Design
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Additional Features
- Laundry in unit
- 6,399 Sq Ft Lot
Listing and Financial Details
- Legal Lot and Block 1 / 87
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 |
---|---|---|---|---|
2024 | $9,554 | $309,400 | $130,300 | $179,100 |
2023 | $9,554 | $309,400 | $130,300 | $179,100 |
2022 | $9,078 | $309,400 | $130,300 | $179,100 |
2021 | $8,922 | $309,400 | $130,300 | $179,100 |
2020 | $8,716 | $309,400 | $130,300 | $179,100 |
2019 | $8,577 | $309,400 | $130,300 | $179,100 |
2018 | $8,505 | $309,400 | $130,300 | $179,100 |
2017 | $8,369 | $309,400 | $130,300 | $179,100 |
2016 | $8,159 | $309,400 | $130,300 | $179,100 |
2015 | $8,218 | $309,400 | $130,300 | $179,100 |
2014 | $7,936 | $309,400 | $130,300 | $179,100 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/29/2025 04/29/25 | For Sale | $750,000 | +105.5% | $290 / Sq Ft |
11/19/2021 11/19/21 | Sold | $365,000 | 0.0% | $141 / Sq Ft |
10/20/2021 10/20/21 | Pending | -- | -- | -- |
02/09/2021 02/09/21 | For Sale | $365,000 | -- | $141 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $399,000 | First American Title | |
Deed | $260,000 | Coastal Title Agency Inc |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $471,250 | New Conventional | |
Closed | $423,947 | Construction |
Source: New Jersey MLS
MLS Number: 25014020

APN: 20-00087-0000-00001
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