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863 Pine Street

Perth Amboy, NJ 08861
  • $799,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 2413078R
UPDATED: 94 min ago
$799,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,689
    SQFT
  • $473
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1924
County:
Area:

School Ratings & Info

Description

This property is in an excellent location and is a great investment opportunity.Features:Double lots 10 & 11 Front house with 2 units:First floor: 3 bedrooms Second floor: 2 bedrooms Detached rear house with 2 bedrooms and a patio, offering lots of privacy Each unit has its own meter and pays its own utilities.The first-floor unit is owner-occupied Other units have month-to-month tenants who are aware they may have to move or face rent increases All rentals are currently below market price, providing a huge advantage for investment Roof is 6 years old First-floor furnace is 4 years old and Water heater is 7 months old Live in one unit and generate income from the other two rentals Investment with potential for increased rental income This multi-family property is a must-see!

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Central Jersey MLS logo The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Data last updated: 2024-06-19T12:03:14.463.
www.ilovenewjerseyrealestate.com/homes/151448499
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863 Pine Street Perth Amboy, NJ 08861

  • Price: $799,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 94 min ago
  • MLS #: 2413078R
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1,689
SQFT
$473
$/SQFT
1924
Built
Neighborhood:
170 Lts
County:
Middlesex
Area:
Perth Amboy
Property Description
This property is in an excellent location and is a great investment opportunity.Features:Double lots 10 & 11 Front house with 2 units:First floor: 3 bedrooms Second floor: 2 bedrooms Detached rear house with 2 bedrooms and a patio, offering lots of privacy Each unit has its own meter and pays its own utilities.The first-floor unit is owner-occupied Other units have month-to-month tenants who are aware they may have to move or face rent increases All rentals are currently below market price, providing a huge advantage for investment Roof is 6 years old First-floor furnace is 4 years old and Water heater is 7 months old Live in one unit and generate income from the other two rentals Investment with potential for increased rental income This multi-family property is a must-see!
Exterior Features

Carport Spaces 0 Exterior Features PatioDeckStorage ShedYard Lot Features Possible Subdivision Other Structures Shed(s) Parking Features 3-4 Car ParkingOn Street Patio And Porch Features PatioDeck Roof Asphalt

Interior Features

Appliances Water Heater(See RemarksGas)Water HeaterUnit 1(Range/OvenRefrigerator)Unit 2(Range/OvenRefrigerator)Unit 3(Range/OvenRefrigerator) Basement Partially FinishedFullBath FullBedroomOther Room(s)Utility RoomLaundry Facilities Cooling A/C Window Unit(s)Unit 1(A/C Unit)Unit 2(A/C Unit)Unit 3(A/C Unit) Heating Radiators-SteamSeparate Furnaces Interior Features Unit 1(Dining Room3 Bedrooms1 BathLiving Room)Unit 2(Dining Room2 BedroomsKitchen1 BathLiving Room)Unit 3(Dining Room2 BedroomsKitchenLiving Room1 1/2 BathsSee Remarks) Stories Total 2

Property Features

Carport YN No Garage YN No Heating YN Yes Lease Term Unit 2(Month-Month) Owner Pays Unit 1 Owner Pays(ElectricGas)Unit 2 Owner Pays(ElectricGas)Unit 3 Owner Pays(ElectricGas) Ownership Fee Simple Property Sub Type 3 Family Sewer Public Sewer Tax Annual Amount 10032 Tax Year 2022 Utilities Electricity ConnectedNatural Gas Connected Water Source Public Zoning R-50



Central Jersey MLS logo Listing courtesy of GREEN LIGHT REALTY LLC: .
Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC.. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.




Central Jersey MLS logo The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Data last updated: 2024-06-19T12:03:14.463.
 
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