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$999,999
Monthly Est:$4,977
-- Bed
4 Baths
2,868sqft
361 Prospect St, Perth Amboy, NJ 08861
$999,999
$4,977/moEst:
Get Pre-Approved
Triplex
Built in 1903
$-- HOA
5,249 sqft lot
$349/sq.ft
Description
Excellent investment opportunity at 361 Prospect St in Perth Amboy! This income-producing 3-family property offers a strong 8.6% CAP RATE with approximately $86,568 in annual net income after taxes and maintenance. The property features three spacious residential units, 1 two bedroom 1 bath, 1 two bedroom 2 bath, and 1 four bedroom 1 bath, providing a desirable unit mix for investors. Additional income potential is provided by three detached garages that can be rented separately. Tenants are responsible for their own utilities, helping to keep operating expenses low. The property also offers a full basement with 8 foot ceilings, a full bathroom/storage space, public water and sewer, and convenient access to local shopping, transportation, schools, major roadways and the Perth Amboy waterfront. An attractive opportunity for investors seeking immediate cash flow with additional long-term upside. Owner will entertain SELLER FINANCING with a minimum 30% down payment, subject to acceptable terms and seller approval. Close on this property and just pick up your rent! A truly turnkey investment.
Continue Reading- Houzeo last checked: 11 hours ago
- Listing updated: September 20, 2026 at 12:36 am
- Listing Provided by: ZACHARY DURSO | RE/MAX SELECT (732) 573-4660
- Source: All Jersey MLS-NJ | MLS#: 2704726R
- Brokerage Firm Address: 5 Maple Avenue, Morristown, NJ 07960
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1903
HOA Fees
-
Finished Area
2,868 sqft
Lot Size
5,249 sqft lot
Basement Area
- sqft
MLS Name
All Jersey MLS
MLS Number
2704726R
MLS Status
Active
Days on Market
12
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathrooms: 4
Interior
Appliances
Water Heater(gas), Water Heater
Cooling
A/c Wall Unit(s), A/c Window Unit(s)
Interior Features
Unit 1(2 Bedrooms, 1 Bath), Unit 2(2 Bedrooms, 2+ Baths), Unit 3(4 Bedrooms, 1 Bath)
Sewer
Public Sewer
Heating
Baseboard, Radiant, Forced Air
Construction
Year Built
Year Built: 1903
Home type
Triplex
Roof
Asphalt
Utilities & Energy
Utilities
Natural Gas Connected
Basement
Full, Bath Full
Parking Features
Garage, Detached, 1 2 Car Parking, 3 4 Car Parking
Water Source
Public
Other Features
Lot Features
Near Shopping, See Remarks
Price History
| Date | Event | Price |
|---|---|---|
03/27/2026 Source: | Listed for Sale | $1,075,000 $375/sqft |
03/27/2026 Source: | Off Market | $1,075,000 +37619.30% $375/sqft |
11/26/2025 Source: | Sold | $2,850 $1/sqft |
10/03/2025 Source: | Off Market | $0 -100.00% $0/sqft |
10/03/2025 Source: | Listed for Sale | $2,850 $1/sqft |
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