CCertihomes
168 1st Street, Perth Amboy, NJ 08861

$579,000

0 beds 2 baths 1,878 sqft Built 18912 days on marketActive

About this home

Excellent investment opportunity in a prime location! This versatile multi-family property features a spacious 1-bedroom apartment complete with a living room, kitchen, and full bathroom, along with four additional private rooms with shared common facilities. Both the apartment and rooms are currently occupied, providing steady rental income for the owner. The property also offers a large backyard and ample off-street parking for tenants and guests. One of the standout features is the potential to convert the property into a duplex, creating additional value and increasing future rental income potential. The existing layout offers flexibility and can be easily modified to fit a variety of investment goals. Conveniently located near close New York Transport, shopping, restaurants, and public transportation, this is a rare opportunity to own a profitable income-producing property in a highly desirable area. Don't miss out on this exceptional investment opportunity!This property features a unique combination of a private 1-bedroom apartment and a 4-room boarding house.Deep Lot With 4 Parking Spots .A Must See !!!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$5,396/mo

Real estate (PITI + HOA + PMI)
$5,072
Principal + interest$3,730
Property tax + insurance$1,125
PMI / 2nd mortgage$217
Utilities
$584
Heating + cooling$130
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$145
Car insurance + maintenance$145
Other (entertainment)
$158
$5,396/mo TLC
Budget$5,896/mo
Remaining after TLC$500/mo
Purchase price
$579,000
Down payment
$28,950 (5%)
Loan amount
$550,050
APR
7.19%

Quick facts

Type
2 Family
Style
Year built
1891
Lot size
0.0861 ac
Stories
2
Heating
Baseboard
Cooling
Ceiling Fan(s),A/C Window Unit(s)
Water
Public
HOA
Annual tax
$6,357
MLS #
2615593R
County
Middlesex

At a glance

Basement

Home features

Appliances
Water Heater(Gas)Water Heater
Interior
Unit 1(1 BedroomKitchen1 BathLiving Room)Unit 2(1 Bedroom2 Bedrooms3 Bedrooms4 BedroomsKitchen1 BathSee Remarks)
Exterior
Porch
Parking
4(+)Car Parking
Patio & porch
Porch
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

Near Shopping, Near Train, Sloped, Near Public Transit

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 5/12/2026. Provided courtesy of EXP REALTY, LLC via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.