Perth Amboy City, NJ 08861 651 Penn St
$749,500



16 more

















Presented By: LIFESTYLE INTERNATIONAL REALTY; 732-306-3062
Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.
Home Details
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!
Presented By: LIFESTYLE INTERNATIONAL REALTY; 732-306-3062
Interior Features for 651 Penn St
Bedrooms
Total Bedrooms5
Unit 1 Beds Total3
Unit 2 Beds Total2
Bathrooms
Half Baths1
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft1325
Unit 2 Sq Ft1325
Unit 1 Levels1
Unit 2 Levels1
UnitType1TotalRent2093
UnitType2TotalRent2400
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipDishwasher, Refrigerator
Unit 2 Appl/EquipDishwasher, Refrigerator
BasementFull
Fuel TypeGas-Natural
Other Rooms
Unit 2 Rooms5
Unit 1 Rooms7
Unit 1 Room DescriptionBedrooms, Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Kitchen, Living Room
General for 651 Penn St
Architectural StyleSee Remarks
CoolingWindow A/C(s)
CountyMiddlesex
DirectionsCorner of Arnold Avenue
DriveOn-Street Parking
EasementNo
ExclusionsTenant's personal property
Full Baths2
GarageDetached Garage
Garage Spaces4
Gross Income62316
HeatingBaseboard - Hotwater
Net Operating Income52644
Number Of Units Total2
Open Parking Spaces
Operating Expense9672
PossessionClosing
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount8797
Tax Assessed Value291600
Tax Lot13
Tax Year2024
Total Rooms12
Town #2116
TownshipPerth Amboy City
UtilitiesElectric, Gas-Natural
Year Built1900
Exterior for 651 Penn St
Exterior DescriptionVinyl Siding
Lot Dimensions50X100
Lot Size Acres0.11
Water SourcePublic Water
Additional Details
Price History
