Under contract

$639,000

309 Washington St, Perth Amboy, NJ 08861

5beds

2baths

1,922sqft

$4,789/mo

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Multi Family

Built in 1914

-- sqft lot

$641,400 Zestimate^®

$332/sqft

$-- HOA

What's special

North east facing

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.

82 days
53
0

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

View 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
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: $332/sqft
Tax assessed value: $254,400
Annual tax amount: $8,100
Date on market: 7/20/2026
Ownership: Fee Simple
Electric utility on property: Yes

Estimated market value

$641,400

$609,000 - $673,000

$2,688/mo

Price history

Date	Event	Price
9/1/2026	Pending sale	$639,000$332/sqft
Source: GSMLS #4041974 Report a problem
9/1/2026	Contingent	$639,000$332/sqft
Source: All Jersey MLS #2701129R Report a problem
7/20/2026	Listed for sale	$639,000-3%$332/sqft
Source: All Jersey MLS #2701129R Report a problem
7/12/2026	Listing removed	$659,000$343/sqft
Source: GSMLS #4033097 Report a problem
6/4/2026	Listed for sale	$659,000+153.5%$343/sqft
Source: All Jersey MLS #2616969R Report a problem
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