CCertihomes
361 Prospect Street, Perth Amboy, NJ 08861

$1,075,000

0 beds 5 baths 2,868 sqft Built 19033 days on marketActive

About this home

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)

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$7,349/mo

Real estate (PITI + HOA + PMI)
$7,187
Principal + interest$4,876
Property tax + insurance$1,908
PMI / 2nd mortgage$403
Utilities
$632
Heating + cooling$154
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$145
Car insurance + maintenance$145
Other (entertainment)
$158
$7,349/mo TLC
Budget$7,849/mo
Remaining after TLC$500/mo
Purchase price
$1,075,000
Down payment
$53,750 (5%)
Loan amount
$1,021,250
APR
4%

Quick facts

Type
3 Family
Style
Year built
1903
Lot size
0.1205 ac
Stories
2
Heating
Central, See Remarks
Cooling
A/C Window Unit(s)
Water
Public
HOA
Annual tax
$9,972
MLS #
2612858R
County
Middlesex

At a glance

Basement
Garage (3)

Home features

Appliances
Water Heater(From FurnaceGas)Water Heater
Interior
Unit 1(2 BedroomsKitchenLiving Room2+ Baths)Unit 2(2 BedroomsKitchen1 BathLiving Room)Unit 3(4 BedroomsKitchenLiving Room2+ Baths)
Exterior
PatioPorch(es) - EnclosedPorch
Parking
GarageDetached
Patio & porch
PatioEnclosedPorch
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

Level

Neighborhood — 08861

MetricThis ZIPCountyUSA
Population46,7828,832,837299,088,112
Population Change Since199020.00%14.00%20.00%
Population Density8,5841,137
Male23,3924,307,827147,432,321
Female23,3904,525,010151,655,844
Never Married12,5231,965,81163,775,926
Married14,3943,647,435123,120,365
Separated3,833391,23912,639,686
Widowed2,051515,17215,467,586
Divorced3,067529,39323,075,029
Number Of House Hold14,3073,167,345111,826,380
Average House Hold Size3.232.732.60
Medial Age31.7837.1535.46
Median House Hold Income$41,463$63,392$48,276
Average House Hold Income$52,403$83,312$63,629
P C I$16,734$30,662$24,529
M D I$36,156$52,505$41,133
A T H E$45,041$61,369$50,898
S T R7.00%7.00%
W C J80.27%81.02%77.74%
(Zip) Code
8861

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Central Jersey Multiple Listing System, INC

Listing information last refreshed 3/27/2026. Provided courtesy of EXP REALTY, LLC via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.

361 Prospect Street · Perth Amboy — $1,075,000 · Certihomes