
651 Penn St Perth Amboy, NJ 08861
Amboy Avenue NeighborhoodEstimated payment $4,825/month
Highlights
- Corner Lot
- Air Conditioning
- Baseboard Heating
- 4 Car Detached Garage
About This Home
Prime investment opportunity in the heart of Perth Amboy, NJ! The total yearly income currently shows: $68,208.00 with further upside potential. This positive income-producing two-unit multifamily property offers exceptional potential, featuring a 2 bedroom, 1 bath unit with access to a spacious three-room attic and a half bathroom, all wood flooring throughout. The second unit has 3 bedrooms, 1 full bathroom, also with beautiful wood floors. The property also includes a full unfinished basement, perfect for storage or future possibilities. Situated on a desirable corner lot, it comes with four detached garages, providing valuable off-street parking. Conveniently located near major commuter routes, this is a must-see for investors or owner-occupants looking for strong rental income!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,130
Year Built
- Built in 1900
Lot Details
- 5,001 Sq Ft Lot
- Lot Dimensions are 100.00 x 0.00
- Corner Lot
Parking
- 4 Car Detached Garage
- On-Street Parking
Home Design
- Asphalt Roof
Interior Spaces
- 2,273 Sq Ft Home
- 3-Story Property
Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Utilities
- Air Conditioning
- Window Unit Cooling System
- Baseboard Heating
- Gas Water Heater
Community Details
Overview
- John Arnold Estate Subdivision
Building 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
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 | $8,130 | $291,600 | $113,000 | $178,600 |
2023 | $8,130 | $270,000 | $113,000 | $157,000 |
2022 | $8,033 | $270,000 | $113,000 | $157,000 |
2021 | $8,043 | $270,000 | $113,000 | $157,000 |
2020 | $8,041 | $270,000 | $113,000 | $157,000 |
2019 | $8,070 | $270,000 | $113,000 | $157,000 |
2018 | $8,000 | $270,000 | $113,000 | $157,000 |
2017 | $7,984 | $270,000 | $113,000 | $157,000 |
2016 | $7,776 | $270,000 | $113,000 | $157,000 |
2015 | $7,830 | $270,000 | $113,000 | $157,000 |
2014 | $7,879 | $270,000 | $113,000 | $157,000 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/07/2025 03/07/25 | Price Changed | $749,500 | -3.9% | -- |
02/19/2025 02/19/25 | For Sale | $780,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | None Available | |
Bargain Sale Deed | $150,000 | None Available | |
Deed | $112,000 | Multiple | |
Sheriffs Deed | $162,031 | None Available | |
Deed | $310,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $248,000 | No Value Available |
Similar Home in Perth Amboy, NJ
Source: All Jersey MLS
MLS Number: 2509366R

APN: 16-00334-0000-00013
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