Amazing large 2 Family Money Maker. Low Taxes. Separate Gas, Electric & Water Meters. North East Facing. 1st Floor Apartment has 2 Bedrooms, Living Room & Eat In Kitchen. 2nd Floor Apartment has 3 Bedrooms, Living Room & Eat In Kitchen. Plus 2 Bonus Rooms in Attic. 2 Car Detached Garage (rented for $300). Parking for 4 Cars (2 spots rented for $100). 1st Floor rent is below mkt. Potential Total Rental Income of $64,800. Cap Rate 8%. All Utilities paid by Tenants. Great for Commuters, Perth Amboy Train Station with Direct Trains to NYC is just a short 12 minutes stroll.
For sale
$659,000
309 Washington St, Perth Amboy, NJ 08861
5beds
2baths
1,922sqft
Multi Family
Built in 1914
-- sqft lot
$666,500 Zestimate®
$343/sqft
$-- HOA
What's special
- 29 days |
- 922 |
- 46 |
Zillow last checked:
Listing updated:
Listed by:
NADEEM QAVI,
RE/MAX COMPETITIVE EDGE 732-548-5555
Source: All Jersey MLS,MLS#: 2616969R
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Baseboard Hotwater
Cooling
- None
Appliances
- Included: Water Heater(See Remarks), Water Heater
Features
- Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(3 Bedrooms, Kitchen, 1 Bath, Living Room)
- Basement: Full, Utility Room
Interior area
- Total structure area: 1,922
- Total interior livable area: 1,922 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage, Detached, 4(+)Car Parking
- Garage spaces: 2
Features
- Stories: 2
Lot
- Size: 3,750 Square Feet
- Dimensions: 150.00 x 25.00
- Features: Near Train
Details
- Parcel number: 160016600000002201
- Zoning: R-25
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1914
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: $343/sqft
- Tax assessed value: $254,400
- Annual tax amount: $8,100
- Date on market: 6/4/2026
- Ownership: Fee Simple
- Electric utility on property: Yes
Estimated market value
$666,500
$633,000 - $700,000
$2,583/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Listed for sale | $659,000+153.5%$343/sqft |
Source: | ||
| 3/29/2004 | Sold | $260,000+18.2%$135/sqft |
Source: Public Record Report a problem | ||
| 6/18/2003 | Sold | $220,000+74.6%$114/sqft |
Source: Public Record Report a problem | ||
| 10/13/1993 | Sold | $126,000$66/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,675 | $254,400 |
| 2024 | $7,675 +0.2% | $254,400 |
| 2023 | $7,660 +1.2% | $254,400 |
| 2022 | $7,568 -0.1% | $254,400 |
| 2021 | $7,579 +0% | $254,400 |
| 2020 | $7,576 +0.5% | $254,400 |
| 2019 | $7,538 | $254,400 |
| 2018 | $7,538 +2.9% | $254,400 |
| 2017 | $7,327 -0.7% | $254,400 |
| 2016 | $7,378 -0.6% | $254,400 |
| 2015 | $7,423 +2.9% | $254,400 |
| 2014 | $7,217 +13.8% | $254,400 -12.7% |
| 2009 | $6,344 | $291,400 |
| 2008 | -- | $291,400 |
| 2007 | $9,588 +1.2% | $291,400 +163.7% |
| 2006 | $9,472 +1.3% | $110,500 |
| 2005 | $9,346 +899.9% | $110,500 |
| 2004 | $935 | $110,500 |
| 2003 | -- | $110,500 |
| 2002 | -- | $110,500 |
| 2001 | -- | $110,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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: Amboy Avenue
Nearby schools
GreatSchools rating
- 4/10Anthony V Ceres SchoolGrades: K-5Distance: 0.4 mi
- 4/10Mc Ginnis Middle SchoolGrades: 6-8Distance: 0.6 mi
- 1/10Perth Amboy High SchoolGrades: 9-12Distance: 1.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Middlesex County
- Perth Amboy
- 08861
- Amboy Avenue
- 309 Washington St






