Closed$249,900
TLC ≈ $2,453/mo
1 1 700 sqft
420 Lawton Place, Perth Amboy, NJ 08861
24 May Street, Perth Amboy, NJ 08861
$840,000
0 beds 3 baths 2,880 sqft Built 19210 days on marketActive
About this home
Excellent Investment Opportunity! Fully rented 2-family property with immediate cash flow. Both units are occupied with leases in place, making this an ideal addition to any investor's portfolio. Features include a 1-year-old central A/C system, a large backyard, and a 1-car garage that generates additional rental income. Conveniently located near shopping, schools, major highways, and public transportation. Don't miss this income-producing property!
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
$7,955/mo
- Real estate (PITI + HOA + PMI)
- $7,705
- Utilities
- $632
- Transportation
- $145
- Other (entertainment)
- $158
Principal + interest$5,411
Property tax + insurance$1,979
PMI / 2nd mortgage$315
Heating + cooling$154
Internet + TV + phone$158
Water + sewer + garbage$58
Car insurance + maintenance$145
Budget$8,455/mo
Remaining after TLC$500/mo
Purchase price
$840,000
Down payment
$42,000 (5%)
Loan amount
$798,000
APR
7.19%
Quick facts
Type
2 Family
Style
—
Year built
1921
Lot size
0.114 ac
Stories
3
Heating
Forced Air
Cooling
A/C Multi-Zone, Unit 1(A/C Central), Unit 2(A/C Central)
Water
Private
HOA
—
Annual tax
$13,315
MLS #
2700653R
County
Middlesex
At a glance
Basement
Garage (1)
Home features
Appliances
Water Heater(Gas)Water HeaterUnit 1(DryerRefrigeratorWasher)Unit 2(DryerRefrigeratorWasher)
Interior
Unit 1(2 BedroomsKitchen1 BathLiving Room)Unit 2(2 BedroomsKitchen1 Bath)Unit 3(See Remarks)
Exterior
SidewalkYard
Community
Sidewalks
Parking
GarageAttached
Roof
Asphalt, Flat
Sewer
Public Sewer
Ownership
Fee Simple
Lot features
See Remarks
Neighborhood — 08861
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 46,782 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 20.00% | 14.00% | 20.00% |
| Population Density | 8,584 | 1,137 | — |
| Male | 23,392 | 4,307,827 | 147,432,321 |
| Female | 23,390 | 4,525,010 | 151,655,844 |
| Never Married | 12,523 | 1,965,811 | 63,775,926 |
| Married | 14,394 | 3,647,435 | 123,120,365 |
| Separated | 3,833 | 391,239 | 12,639,686 |
| Widowed | 2,051 | 515,172 | 15,467,586 |
| Divorced | 3,067 | 529,393 | 23,075,029 |
| Number Of House Hold | 14,307 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 3.23 | 2.73 | 2.60 |
| Medial Age | 31.78 | 37.15 | 35.46 |
| 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 R | 7.00% | 7.00% | — |
| W C J | 80.27% | 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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Listing information last refreshed 7/12/2026. Provided courtesy of REALTY OF AMERICA via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.