CCertihomes
348 prospect Street, Perth Amboy, NJ 08861

$879,000

0 beds 3 baths 2,500 sqft Built 19022 days on marketActive

About this home

Two buildings offered together, combining residential and commercial space in one property package! The first building is a two-family home featuring a first-floor unit with two bedrooms, a living room, eat-in kitchen, and full bathroom. The second-floor unit offers three bedrooms, a living room, eat-in kitchen, and full bathroom. A partial basement provides additional storage space. The second building features a restaurant space with an existing business and a second-floor rental apartment offering one bedroom, a living room, eat-in kitchen, and full bathroom. A driveway accommodates two vehicles. Explore the possibilities of this versatile property with multiple residential units and an established commercial use.

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 4% APR.

Your estimated payment
$6,343/mo

Real estate (PITI + HOA + PMI)
$6,112
Principal + interest$3,987
Property tax + insurance$1,795
PMI / 2nd mortgage$330
Utilities
$624
Heating + cooling$150
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$145
Car insurance + maintenance$145
Other (entertainment)
$158
$6,343/mo TLC
Budget$6,843/mo
Remaining after TLC$500/mo
Purchase price
$879,000
Down payment
$43,950 (5%)
Loan amount
$835,050
APR
4%

Quick facts

Type
Commercial
Style
—
Year built
1902
Lot size
0.0574 ac
Stories
2
Heating
Baseboard, Radiant, Central
Cooling
Central Air
Water
Public
HOA
—
Annual tax
$10,883
MLS #
2706627R
County
Middlesex

At a glance

Air conditioning

Home features

Parking
On SitePaved
Flooring
Laminate, Tile, Wood
Roof
Composition
Sewer
Public Sewer

Lot features

Residential Area

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.

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Central Jersey Multiple Listing System, INC

Listing information last refreshed 10/20/2026. Provided courtesy of J.J. ELEK REALTY CO. via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.