Back on Market. Buyer couldn't perfom. This three family has been fully renovated with up to date appliances except unit one. Landlord pays only taxes and insurance. Tenants pay rent, utlities, incl. water. Prime investment opportunity with a good cap rate. (There is another building attached to this building for sale with 2 units fully renovated as well located at 286 Oak st. Can be purchased as a package). Unit 1 has 2 bedrooms, 1 bath. Tenant in place for years Month 2 Month lease. Rent: $1,300 per month (market value: $2,200-$2,300 per month). Month-to-month lease (not renovated due to current tenancy. Unit 2 has 3 bedrooms, 1 bath. Fully renovated. Rent: $2,300 per month. Lease expires July 31. Unit 3 has 3 bedrooms, 1 bath. Fully renovated. Rent: $2,300 per month. On a lease till July 31. Details Sale price: $719,000. All units pay their own water Landlord pays only taxes and insurance. Buyer responsible for Certificate of Occupancy (CO) (286 Oak is also for sale. 2 family attached to 288 Oak. Fully rented)
Sold for $719,000
$719,000
288 Oak St, Perth Amboy, NJ 08861
8beds
0baths
--sqft
Multi Family
Built in 1909
-- sqft lot
$738,000 Zestimate®
$--/sqft
$3,156 Estimated rent
Home value
$738,000
$664,000 - $819,000
$3,156/mo
Zestimate® history
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Up to date appliances
Zillow last checked:
Listing updated:
Listed by:
KARIM RAMOS,
RE/MAX FIRST REALTY II 908-664-1500
Source: All Jersey MLS,MLS#: 2510014R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 0
Heating
- Radiant
Cooling
- A/C Window Unit(s)
Appliances
- Included: Water Heater(See Remarks), Water Heater
Features
- Unit 1(2 Bedrooms), Unit 2(3 Bedrooms), Unit 3(3 Bedrooms)
- Basement: Full, None
Interior area
- Total structure area: 0
Property
Features
- Stories: 3
Lot
- Features: See Remarks
Details
- Parcel number: 2116000690000000280000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1909
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: See Remarks
Community & neighborhood
Location
- Region: Perth Amboy
Other
Other facts
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/13/2025 | Sold | $719,000 |
Source:  All Jersey MLS #2510014R Report a problem | ||
| 3/25/2025 | Contingent | $719,000 |
Source: All Jersey MLS #2510014R Report a problem | ||
| 3/5/2025 | Listed for sale | $719,000 |
Source: All Jersey MLS #2510014R Report a problem | ||
| 3/1/2025 | Listing removed | $719,000 |
Source: All Jersey MLS #2501703R Report a problem | ||
| 2/28/2025 | Listed for sale | $719,000-2.7% |
Source: All Jersey MLS #2501703R Report a problem | ||
| 2/1/2025 | Contingent | $739,000 |
Source: All Jersey MLS #2501703R Report a problem | ||
| 10/8/2024 | Price change | $739,000-5.1% |
Source: All Jersey MLS #2501703R Report a problem | ||
| 8/3/2024 | Listed for sale | $779,000+159.7% |
Source: All Jersey MLS #2501703R Report a problem | ||
| 11/22/2022 | Sold | $300,000+20% |
Source: Public Record Report a problem | ||
| 9/21/2001 | Sold | $250,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,573 | $317,300 |
| 2024 | $9,573 +0.2% | $317,300 |
| 2023 | $9,554 +1.2% | $317,300 |
| 2022 | $9,440 -0.1% | $317,300 |
| 2021 | $9,452 +0% | $317,300 |
| 2020 | $9,449 +0.5% | $317,300 |
| 2019 | $9,402 | $317,300 |
| 2018 | $9,402 +2.9% | $317,300 |
| 2017 | $9,138 -0.7% | $317,300 |
| 2016 | $9,202 -0.6% | $317,300 |
| 2015 | $9,259 -5.9% | $317,300 |
| 2014 | $9,839 +6.9% | $317,300 -8.5% |
| 2012 | $9,208 +7.9% | $346,800 |
| 2011 | $8,531 +3.7% | $346,800 |
| 2010 | $8,230 +9% | $346,800 |
| 2009 | $7,550 | $346,800 |
| 2008 | -- | $346,800 |
| 2007 | $8,546 +1.2% | $346,800 +252.1% |
| 2006 | $8,443 +1.3% | $98,500 |
| 2005 | $8,331 +899.9% | $98,500 |
| 2004 | $833 | $98,500 |
| 2003 | -- | $98,500 |
| 2002 | -- | $98,500 |
| 2001 | -- | $98,500 |
Find assessor info on the county website
Neighborhood: Southwestern
Nearby schools
GreatSchools rating
- 3/10Dr. Herbert N Richardson 21st Century Elementary SchoolGrades: K-4Distance: 0.2 mi
- 4/10Mc Ginnis Middle SchoolGrades: 6-8Distance: 0.4 mi
- 1/10Perth Amboy High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$738,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$738,000
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