361 Prospect Street
Perth Amboy, NJ 08861
--
Bed
4
Bath
2,868Sqft
0.12Acre(Lot)
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 wate
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 4Room Information
Rooms Total: 11 Has Basement: Yes Basement: Full -
Roofing Information
Asphalt -
Interior Features
Roof: Asphalt Appliances: Gas Water Heater, Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Baseboard, Radiant, Forced Air Has Cooling: Yes Cooling: Wall Unit(s), Window Unit(s)
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Building Information
Year Built: 1903 Building Area Total: 2868 Construction Materials: Vinyl Siding Stories: 2 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: See Remarks
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Listing Price Information
Listing Price: $999999
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Tax Information
Parcel Number: 1600159000000004 Tax Lot: 4 Tax Block: 159 Tax Year: 2025 Annual Tax: $9973
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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: GPS to 361 Prospect St, Perth Amboy, NJ, 07001 WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 770 Gadek Place, Perth Amboy, NJ, 08861 | $435,000 | -- | 2 | 1,536 | 0.11 Acre |
| 800 Central Place, Perth Amboy, NJ, 08861 | $549,000 | -- | -- | -- | 0.04 Acre |
| 640 Elizabeth Street, Perth Amboy, NJ, 08861 | $699,000 | -- | -- | 2,141 | 0.07 Acre |
| 676 Charles Street, Perth Amboy, NJ, 08861 | $574,999 | -- | 2 | 2,200 | 0.06 Acre |
| 181 State Street, Perth Amboy, NJ, 08861 | $625,000 | -- | 2 | 3,090 | 0.05 Acre |
| 655 Charles Street, Perth Amboy, NJ, 08861 | $550,000 | -- | -- | 1,584 | -- |
| 131-133 Patterson Street, Perth Amboy, NJ, 08861 | $950,000 | -- | 4 | 2,552 | 0.21 Acre |
| 180 Brighton Avenue, Perth Amboy, NJ, 08861 | $740,000 | -- | 2 | 2,272 | 0.07 Acre |
| 610 Cortlandt Street, Perth Amboy, NJ, 08861 | $539,000 | -- | 2 | 1,546 | 0.06 Acre |
| 68 Catalpa Avenue, Perth Amboy, NJ, 08861 | $615,000 | -- | 2 | 2,559 | 0.08 Acre |
Similar Multifamily To 361 Prospect Street
Nearby For Sale
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ByOwner last updated this listing 10/05/2026 @ 23:31
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