520 Johnstone St Perth Amboy, NJ 08861
Amboy Avenue NeighborhoodEstimated payment $3,293/month
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.
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
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 |
|---|---|---|---|---|
| 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 |
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 |
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 | -- |
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: All Jersey MLS
MLS Number: 2700956R
APN: 16-00212-0000-00007-01
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Ask me questions while you tour the home.