Great investment property, 8% ROI Excellent Condition great location close to train, bus line and shopping. Both apartments have been nicely updated and have central AC. Relax on the open porch or in the fenced yard. All separate meters tenants pay all including water, they are also responsible for maintaining the ground and snow removal.
For sale
$525,000
331 Watson Ave, Perth Amboy, NJ 08861
5beds
2baths
1,200sqft
Multi Family
Built in 1899
-- sqft lot
$532,100 Zestimate®
$438/sqft
$-- HOA
What's special
Central acOpen porchFenced yard
- 96 days
- 693
- 33
Zillow last checked:
Listing updated:
Listed by:
FRANCES LITEPLO 908-208-6241,
RE/MAX FIRST REALTY, INC.
Source: All Jersey MLS,MLS#: 2618261R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Forced Air
Cooling
- A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Central)
Appliances
- Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
Features
- Unit 1(2 Bedrooms, Kitchen, 1 Bath), Unit 2(3 Bedrooms, Kitchen, 1 Bath)
- Windows: Blinds
- Basement: Full, Storage Space, Utility Room
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
Video & virtual tour
Property
Parking
- Parking features: On Street
Features
- Stories: 2
- Patio & porch: Porch
- Exterior features: Curbs, Sidewalk, Fencing/Wall, Yard, Blinds, Porch
- Fencing: Fencing/Wall
Lot
- Size: 1,799 Square Feet
- Dimensions: 72.00 x 25.00
- Features: Near Shopping, Near Train, Near Public Transit
Details
- Parcel number: 1600115000000017
- Zoning: R-25
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt
Condition
- Year built: 1899
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Features: Curbs, Sidewalks
Location
- Region: Perth Amboy
Financial & listing details
- Price per square foot: $438/sqft
- Tax assessed value: $233,300
- Annual tax amount: $7,039
- Date on market: 6/26/2026
- Ownership: Fee Simple
- Electric utility on property: Yes
Estimated market value
$532,100
$505,000 - $559,000
$2,732/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Listed for sale | $525,000+27531.6%$438/sqft |
Source:  All Jersey MLS #2618261R Report a problem | ||
| 6/15/2025 | Sold | $1,900-95.8%$2/sqft |
Source: Agent Provided Report a problem | ||
| 6/3/2025 | Listing removed | $1,900$2/sqft |
Source: All Jersey MLS #2513480R Report a problem | ||
| 5/12/2025 | Listed for rent | $1,900$2/sqft |
Source: All Jersey MLS #2513480R Report a problem | ||
| 4/29/2025 | Listing removed | $1,900$2/sqft |
Source: All Jersey MLS #2509516R Report a problem | ||
| 2/21/2025 | Listed for rent | $1,900-9.5%$2/sqft |
Source: All Jersey MLS #2509516R Report a problem | ||
| 2/19/2025 | Listing removed | $2,100$2/sqft |
Source: All Jersey MLS #2507208R Report a problem | ||
| 12/16/2024 | Price change | $2,100-8.7%$2/sqft |
Source: All Jersey MLS #2507208R Report a problem | ||
| 12/12/2024 | Listed for rent | $2,300-4.2%$2/sqft |
Source: All Jersey MLS #2507208R Report a problem | ||
| 11/18/2024 | Listing removed | $2,400$2/sqft |
Source: All Jersey MLS #2505747R Report a problem | ||
| 10/31/2024 | Listed for rent | $2,400+71.4%$2/sqft |
Source: All Jersey MLS #2505747R Report a problem | ||
| 6/4/2015 | Listing removed | $1,400$1/sqft |
Source: CENTURY 21 Charles Smith Agency, Inc. #1534990 Report a problem | ||
| 5/26/2015 | Price change | $1,400-6.7%$1/sqft |
Source: CENTURY 21 Charles Smith Agency, Inc. #1534990 Report a problem | ||
| 5/1/2015 | Listed for rent | $1,500$1/sqft |
Source: C21 CHARLES SMITH AGENCY, INC #1534990 Report a problem | ||
| 1/14/2015 | Sold | $45,000-18%$38/sqft |
Source: Public Record Report a problem | ||
| 7/25/2013 | Listing removed | $54,900$46/sqft |
Source: RE/MAX First Realty #1402271 Report a problem | ||
| 7/14/2013 | Listed for sale | $54,900$46/sqft |
Source: RE/MAX First Realty #1402271 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,039 | $233,300 |
| 2024 | $7,039 +0.2% | $233,300 |
| 2023 | $7,025 +1.2% | $233,300 |
| 2022 | $6,941 -0.1% | $233,300 |
| 2021 | $6,950 +0% | $233,300 |
| 2020 | $6,948 +0.5% | $233,300 |
| 2019 | $6,913 | $233,300 |
| 2018 | $6,913 +2.9% | $233,300 |
| 2017 | $6,719 -0.7% | $233,300 |
| 2016 | $6,766 +15.8% | $233,300 +16.5% |
| 2015 | $5,842 +2.9% | $200,200 |
| 2014 | $5,680 -9.4% | $200,200 -15.2% |
| 2012 | $6,271 +7.9% | $236,200 |
| 2011 | $5,811 +3.7% | $236,200 |
| 2010 | $5,605 +9% | $236,200 |
| 2009 | $5,142 | $236,200 |
| 2008 | -- | $236,200 |
| 2007 | $5,726 +1.2% | $236,200 +257.9% |
| 2006 | $5,657 +1.3% | $66,000 |
| 2005 | $5,582 +899.9% | $66,000 |
| 2004 | $558 | $66,000 |
| 2003 | -- | $66,000 |
| 2002 | -- | $66,000 |
| 2001 | -- | $66,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Southwestern
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