361 Prospect Street
Perth Amboy, NJ 08861
--
Bed
5
Bath
2,868Sqft
0.12Acre(Lot)
Investor special! High-yield 3-family property in Perth Amboy offering exceptional cash flow at an attractive entry price. Property highlights: (3) Income-generating units (including a large 4-bedroom) (3) garages for added revenue Tenants pay all utilities = low expenses With $99K gross income and $86K NOI, this deal presents a rare opportunity to secure an 8% cap rate in a growing market. Ideal for: Investors seeking maximum cash flow Value-add buyers looking to increase rents over time Seller open to seller financing. Shared Driveway. AS IS, Buyer is responsible for CO. *Some photos are virtually enhanced)
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 5Room Information
Rooms Total: 14 Has Basement: Yes Basement: Partially Finished, Storage Space -
Interior Features
Storage Appliances: Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Central, See Remarks Has Cooling: Yes Cooling: Window Unit(s)
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Building Information
Year Built: 1903 Building Area Total: 2868 Construction Materials: Vinyl Siding Stories: 2 Patio And Porch Features: Patio, Enclosed, Porch Private Pool: No
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Lot Information
Lot Dimensions: 105.00 x 0.00 Main Square Feet: 0.1205 Acres Lot Size Acres: 0.1205 Lot Size Square Feet: 5249 Lot Description: Level
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Listing Price Information
Listing Price: $1075000
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Tax Information
Parcel Number: 1600159000000004 Tax Lot: 4 Tax Block: 159 Tax Year: 2025 Annual Tax: $9972
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Parking Information
Garage, DetachedGarage Information
Has Garage: Yes Garage Space: 3
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Utility Information
Natural Gas Connected, Natural Gas Available -
Location Information
Direction: From Route 35, exit onto Prospect St and proceed to 361 Prospect St. GPS works fine. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 283 Water Street, Perth Amboy, NJ, 08861 | $575,000 | -- | -- | 2,067 | 2,067 SqFt |
| 55 Smith Street, Perth Amboy, NJ, 08861 | $699,999 | -- | 4 | 2,302 | 2,302 SqFt |
| 655 Charles Street, Perth Amboy, NJ, 08861 | $550,000 | -- | -- | 1,584 | 1,584 SqFt |
| 180 Brighton Avenue, Perth Amboy, NJ, 08861 | $704,000 | -- | 2 | 2,272 | 2,272 SqFt |
| 68 Catalpa Avenue, Perth Amboy, NJ, 08861 | $615,000 | -- | 2 | 2,559 | 2,559 SqFt |
| 112 Catalpa Avenue, Perth Amboy, NJ, 08861 | $449,000 | -- | -- | 2,106 | 2,106 SqFt |
| 130 Catalpa Avenue, Perth Amboy, NJ, 08861 | $630,000 | -- | 2 | 2,324 | 2,324 SqFt |
| 168 1st Street, Perth Amboy, NJ, 08861 | $579,000 | -- | 2 | 1,878 | 1,878 SqFt |
| 219 1st Street, Perth Amboy, NJ, 08861 | $635,000 | -- | 2 | 1,620 | 1,620 SqFt |
| 201 Gordon Street, Perth Amboy, NJ, 08861 | $545,000 | -- | 4 | 2,617 | 2,617 SqFt |
Similar Multifamily To 361 Prospect Street
Nearby For Sale
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ByOwner last updated this listing 06/18/2026 @ 15:40
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