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 !!!
For sale
$579,000
168 1st St, Perth Amboy, NJ 08861
11beds
2baths
1,878sqft
Multi Family
Built in 1891
-- sqft lot
$590,200 Zestimate®
$308/sqft
$-- HOA
What's special
- 55 days |
- 1,031 |
- 57 |
Zillow last checked:
Listing updated:
Listed by:
YOUSUF S. SYED,
EXP REALTY, LLC 866-201-6210
Source: All Jersey MLS,MLS#: 2615593R
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 2
Heating
- Baseboard
Cooling
- Ceiling Fan(s), A/C Window Unit(s)
Appliances
- Included: Water Heater(Gas), Water Heater
Features
- Unit 1(1 Bedroom, Kitchen, 1 Bath, Living Room), Unit 2(1 Bedroom, 2 Bedrooms, 3 Bedrooms, 4 Bedrooms, Kitchen, 1 Bath, See Remarks)
- Basement: Full, Utility Room
Interior area
- Total structure area: 1,878
- Total interior livable area: 1,878 sqft
Video & virtual tour
Property
Parking
- Parking features: 4(+)Car Parking
Features
- Stories: 2
- Patio & porch: Porch
- Exterior features: Porch
Lot
- Size: 3,750 Square Feet
- Dimensions: 150.00 x 0.00
- Features: Near Shopping, Near Train, Sloped, Near Public Transit
Details
- Parcel number: 1600034000000050
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1891
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Location
- Region: Perth Amboy
Financial & listing details
- Price per square foot: $308/sqft
- Tax assessed value: $282,900
- Annual tax amount: $6,357
- Date on market: 5/12/2026
- Ownership: Fee Simple
- Electric utility on property: Yes
Estimated market value
$590,200
$561,000 - $620,000
$2,759/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Listed for sale | $579,000+28.7%$308/sqft |
Source:  All Jersey MLS #2615593R Report a problem | ||
| 10/27/2023 | Sold | $450,000+0%$240/sqft |
Source:  MoreMLS #22323667 Report a problem | ||
| 10/11/2023 | Contingent | $449,999$240/sqft |
Source: All Jersey MLS #2352224M Report a problem | ||
| 10/11/2023 | Pending sale | $449,999$240/sqft |
Source: MoreMLS #22323667 Report a problem | ||
| 8/24/2023 | Listed for sale | $449,999+63.6%$240/sqft |
Source: All Jersey MLS #2352224M Report a problem | ||
| 9/20/2022 | Sold | $275,000$146/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,535 +34.3% | $282,900 +34.3% |
| 2024 | $6,357 +6.5% | $210,700 +6.3% |
| 2023 | $5,968 +6.8% | $198,200 +5.5% |
| 2022 | $5,587 -0.1% | $187,800 |
| 2021 | $5,595 | $187,800 |
| 2020 | -- | $187,800 |
| 2019 | $5,565 | $187,800 |
| 2018 | $5,565 +2.9% | $187,800 |
| 2017 | $5,409 -0.7% | $187,800 |
| 2016 | $5,446 -0.6% | $187,800 |
| 2015 | $5,480 +2.9% | $187,800 |
| 2014 | $5,328 -9.9% | $187,800 |
| 2012 | $5,915 +7.9% | $187,800 -15.7% |
| 2011 | $5,481 +3.7% | $222,800 |
| 2010 | $5,287 +9% | $222,800 |
| 2009 | $4,850 | $222,800 |
| 2008 | -- | $222,800 |
| 2007 | $8,893 +1.2% | $222,800 +117.4% |
| 2006 | $8,786 +1.3% | $102,500 |
| 2005 | $8,669 +899.9% | $102,500 |
| 2004 | $867 | $102,500 |
| 2003 | -- | $102,500 |
| 2002 | -- | $102,500 |
| 2001 | -- | $102,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: The Waterfront
Nearby schools
GreatSchools rating
- 4/10Robert N Wilentz Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10Mc Ginnis Middle SchoolGrades: 6-8Distance: 0.3 mi
- 1/10Perth Amboy High SchoolGrades: 9-12Distance: 1.9 mi
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A local lender can help you make sure your offer is ready when you are.
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