$495,000

Estimated payment $3,293/month

Total Views 4,118
-- Bed
2 Baths
1,260 Sq Ft
$393 Price per Sq Ft

Highlights

  • Corner Lot
  • Air Conditioning
  • Baseboard Heating
  • Porch

About This Home

520 Johnston St, Perth Amboy, NJ 08861 Investment Opportunity Turnkey two-family in the heart of Perth Amboy a true set-it-and-forget-it income property. Two spacious 2-bedroom apartments, both occupied by long-term tenants currently on month-to-month leases, giving you immediate cash flow with the flexibility to restructure terms, or take possession of a unit. The standout feature for investors: tenants pay all utilities, including water. That means minimal operating expenses and a clean, predictable NOI a rarity in multi-family at this price point. Location works in your favor. Perth Amboy's waterfront district continues to attract renters, with the NJ Transit station, Route 35, and the Garden State Parkway all close by, plus quick access to NYC. Steady rental demand, strong tenant retention, and a market that keeps appreciating. Whether you're adding to a portfolio, buying your first multi-family, or looking to house-hack one unit while the other pays the mortgage, this is a straightforward, low-maintenance investment worth a serious look. Call today for rent roll and expense details.

Listing Agent

MICHAEL MANISCALCO

RE/MAX INNOVATION Listed on: 07/16/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,934

Year Built

  • Built in 1909

Lot Details

  • 1,250 Sq Ft Lot
  • Lot Dimensions are 50.00 x 100.00
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape

Interior Spaces

  • 2 Bathrooms
  • 1,260 Sq Ft Home
  • 2-Story Property

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Porch

Utilities

  • Air Conditioning
  • Baseboard Heating
  • Underground Utilities
  • Gas Water Heater

Community Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,934

Year Built

Built in 1909

Lot Details

1,250 Sq Ft Lot

Listing Details

  • Property Sub Type: 2 Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0287
  • Lot Size: 50.00 x 100.00
  • Ownership: Fee Simple
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 2
  • Year Built: 1909
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Water Heater(Gas), Water Heater
  • Owner Pays: Unit 1 Owner Pays(See Remarks), Unit 2 Owner Pays(See Remarks)
  • Has Basement: Full, Exterior Entry, Interior Entry
  • Basement YN: No
  • Interior Amenities: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room)
  • Living Area: 1260
  • Stories: 2

Exterior Features

  • Lot Features: Corner Lot
  • Exterior Features: Porch(es) - Open, Porch
  • Patio And Porch Features: Porch(es) - Open, Porch
  • Roof: Flat

Garage/Parking

  • Parking Features: On Street

Utilities

  • Gas Company: Natural Gas
  • Cooling: A/C Wall Unit(s),A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit)
  • Heating: Baseboard, Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 1250
  • Zoning: R-25

Rental Info

  • Lease Term: Unit 1(Month-Month)

Tax Info

  • Tax Annual Amount: 6934
  • Tax Year: 2025

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2026 $6,934 $220,200 $81,500 $138,700
2025 $6,583 $218,200 $81,500 $136,700
2024 $6,570 $218,200 $81,500 $136,700
2023 $6,570 $218,200 $81,500 $136,700
2022 $6,491 $218,200 $81,500 $136,700
2021 $6,500 $218,200 $81,500 $136,700
2020 $6,498 $218,200 $81,500 $136,700
2019 $6,522 $218,200 $81,500 $136,700
2018 $6,465 $218,200 $81,500 $136,700
2017 $5,556 $187,900 $81,500 $106,400
2016 $5,412 $187,900 $81,500 $106,400
2015 $5,449 $187,900 $81,500 $106,400
2014 $5,483 $187,900 $81,500 $106,400
Source: Public Records

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 Prior Sale
07/16/2026 07/16/26 For Sale $495,000 +22.2% $393 / Sq Ft
12/30/2024 12/30/24 Sold $405,000 -2.4% $321 / Sq Ft View Prior Sale
10/07/2024 10/07/24 For Sale $415,000 -- $329 / Sq Ft
Source: All Jersey MLS

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 $405,000 Cnj Abstract
Deed $140,000 --
Deed $350,000 --
Deed $91,000 --
Source: Public Records

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
Open $324,000 New Conventional
Source: Public Records

Source: All Jersey MLS

MLS Number: 2700956R

All Jersey MLS

APN: 16-00212-0000-00007-01

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