542 Miller St Perth Amboy, NJ 08861
State Street NeighborhoodEstimated payment $4,041/month
Highlights
- Corner Lot
- Property is near shops
- 3-minute walk to Lucey Park
- Air Conditioning
- Utility Room
About This Home
Opportunity is knocking in one of Perth Amboy's most sought-after locations! This fully detached, two-family corner property offers a rare combination of low-maintenance updates, strong rental potential, and prime convenience. The first-floor unit is a blank canvasvacant and ready for your vision. With a refreshed kitchen and bath plus a fresh coat of paint, you can maximize its rental value or create the perfect home for yourself. The second-floor unit is already tenant-occupied and has been fully renovated with stylish finishes, so the income starts flowing from day one. Outside, the brand-new stucco exterior adds curb appeal and peace of mind, giving this property a modern, polished look with minimal upkeep. Both units feature 2 bedrooms, 1 bathroom, and spacious eat-in kitchens, making them comfortable and highly desirable for tenants or multigenerational living. Perfectly situated near shopping, dining, and major transportationincluding direct access to NYCthis property is ideal for the savvy investor or owner-occupant buyer ready to grow their portfolio in a thriving market. Don't miss your chance to own a low-maintenance, income-producing property in prime Perth Amboy!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,611
Year Built
- Built in 1890
Lot Details
- Lot Dimensions are 43.00 x 36.00
- Corner Lot
Parking
- On-Street Parking
Interior Spaces
- 2-Story Property
- Utility Room
Basement
- Partial Basement
- Exterior Basement Entry
- Basement Storage
Location
- Property is near shops
Utilities
- Air Conditioning
- Water Heater
Community Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
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 | $5,250 | $239,500 | $73,800 | $165,700 |
| 2024 | $5,239 | $174,000 | $73,800 | $100,200 |
| 2023 | $5,239 | $174,000 | $73,800 | $100,200 |
| 2022 | $5,177 | $174,000 | $73,800 | $100,200 |
| 2021 | $5,183 | $174,000 | $73,800 | $100,200 |
| 2020 | $5,182 | $174,000 | $73,800 | $100,200 |
| 2019 | $5,201 | $174,000 | $73,800 | $100,200 |
| 2018 | $5,156 | $174,000 | $73,800 | $100,200 |
| 2017 | $5,145 | $174,000 | $73,800 | $100,200 |
| 2016 | $5,011 | $174,000 | $73,800 | $100,200 |
| 2015 | $5,046 | $174,000 | $73,800 | $100,200 |
| 2014 | $5,077 | $174,000 | $73,800 | $100,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | For Sale | $630,000 | +44.8% | -- |
| 07/18/2024 07/18/24 | Sold | $435,000 | -9.4% | $230 / Sq Ft |
| 05/01/2024 05/01/24 | Price Changed | $479,900 | -4.0% | $254 / Sq Ft |
| 04/09/2024 04/09/24 | Price Changed | $499,900 | -2.0% | $264 / Sq Ft |
| 03/18/2024 03/18/24 | Price Changed | $509,900 | -2.9% | $270 / Sq Ft |
| 02/06/2024 02/06/24 | For Sale | $524,900 | +224.0% | $278 / Sq Ft |
| 12/15/2014 12/15/14 | Sold | $162,000 | -- | $86 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $435,000 | Investment Title | |
| Deed | $162,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $343,650 | New Conventional | |
| Previous Owner | $159,035 | FHA |
Source: All Jersey MLS
MLS Number: 2602417R
APN: 16-00249-0000-00023-02
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