Active

$999,999

326 Elm St, Perth Amboy City, NJ 08861

10beds

4,000sqft

Est.:

Multi Family

Built in 1890

-- sqft lot

$1,048,200 Zestimate^®

$250/sqft

$-- HOA

What's special

Prime Investment Opportunity: Stable Income with Massive Upside.Elevate your real estate portfolio with this turn-key 4-unit multi-family property in the high-growth Perth Amboy market. Perfectly positioned for the savvy investor or 1031 exchange, this property offers immediate cash flow with a current gross monthly income of $6,500.With current rents trailing the market average, there is a clear path to $9,200+ per month, representing a significant value-add play without the need for major construction.Highlights include:Income Stability: Fully occupied units in a high-demand rental area.Strategic Location: Moments away from the Perth Amboy Waterfront, downtown shopping, and NJ Transit for an easy commute.Low Maintenance: A well-maintained asset designed for long-term hold and appreciation.Properties of this caliber in Middlesex County rarely stay on the market long. Position yourself to capture the growth of one of New Jersey's most resilient rental markets. Sold strictly "as-is".

14 days

983

20

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 4
Full bathrooms: 4

Heating

Radiators - Steam, Natural Gas

Appliances

Included: Range/Oven - Gas, Refrigerator, Gas Water Heater

Features

Bedrooms, Kitchen, Living/Dining Room
Basement: Yes,Bilco-Style Door,Full
Has fireplace: No

Interior area

Total structure area: 4,000
Total interior livable area: 4,000 sqft

Property

Parking

Parking features: On Street

Lot

Size: 5,227.2 Square Feet
Dimensions: 50 x 105

Details

Parcel number: 2116001190000000140000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Flat

Condition

Year built: 1890

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Location

Region: Perth Amboy

Financial & listing details

Price per square foot: $250/sqft
Tax assessed value: $452,900
Annual tax amount: $14,393
Date on market: 3/28/2026
Total actual rent: 6300
Tenant pays: Electricity, Gas, Tenant Pays Heat, Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Water

Estimated market value

$1,048,200

$996,000 - $1.10M

$2,651/mo

Price history

Date	Event	Price
3/28/2026	Listed for sale	$999,999+308.2%$250/sqft
Source: GSMLS #4015894 Report a problem
4/5/2001	Sold	$245,000$61/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$13,664	$452,900
2024	$13,664 +0.2%	$452,900
2023	$13,637 +1.2%	$452,900
2022	$13,474 -0.1%	$452,900
2021	$13,492 +0%	$452,900
2020	$13,487 +0.5%	$452,900
2019	$13,419	$452,900
2018	$13,419 +2.9%	$452,900
2017	$13,044 -0.7%	$452,900
2016	$13,134 -0.6%	$452,900
2015	$13,216 +2.9%	$452,900
2014	$12,849 -0.7%	$452,900 -7.1%
2012	$12,941 +7.9%	$487,400
2011	$11,990 +3.7%	$487,400
2010	$11,566 +9%	$487,400
2009	$10,611	$487,400
2008	--	$487,400
2007	$16,633 +1.2%	$487,400 +154.3%
2006	$16,432 +1.3%	$191,700
2005	$16,214 +899.9%	$191,700
2004	$1,621	$191,700
2003	--	$191,700
2002	--	$191,700
2001	--	$191,700