For sale by owner

$1,030,000

361 Prospect St, Perth Amboy, NJ 08861

8beds

2,868sqft

$7,241/mo

Get pre-qualified

MultiFamily

Built in 1903

-- sqft lot

$-- Zestimate^®

$359/sqft

$-- HOA

What's special

Large four bedroom apartmentThree separate garagesTwo large two bedrooms

Three family house, one 2 bedroom apartment with 1 bath, one 2 bedroom apartment with 1 full bath & 1 bath with shower, one large 4 bedroom with 1 bath. The property has three detached garages which are rented separtely. High income producing property for investor.

What the owner loves about this home

The property is producing high income. The gross is $100,284, real estate taxes are $10,944, property insurance is $2,268. Net income $86,856 giving cap rate of 8.4%. All the utilities are separate including water and tenant pays for their utilities. One heating system is oil with above ground tank.

15 days

438

13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 3
3/4 bathrooms: 1

Heating

Baseboard, Gas, Oil

Cooling

None

Appliances

Included: Range / Oven

Features

Flooring: Carpet, Laminate
Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 2,868 sqft

Property

Parking

Parking features: Garage - Detached

Features

Exterior features: Wood

Lot

Size: 5,200 Square Feet

Details

Parcel number: 1600159000000004

Construction

Type & style

Home type: MultiFamily

Condition

New construction: No
Year built: 1903

Community & HOA

Location

Region: Perth Amboy

Financial & listing details

Price per square foot: $359/sqft
Tax assessed value: $313,800
Annual tax amount: $9,467
Date on market: 7/29/2026

Estimated market value

Not available

Estimated sales range

Not available

$3,024/mo

Price history

Date	Event	Price
7/29/2026	Listed for sale	$1,030,000-4.2%$359/sqft
Source: Owner Report a problem
7/1/2026	Listing removed	$1,075,000$375/sqft
Source: eXp Realty #2612858R Report a problem
3/27/2026	Listed for sale	$1,075,000+377.8%$375/sqft
Source: All Jersey MLS #2612858R Report a problem
11/26/2025	Listing removed	$2,850$1/sqft
Source: All Jersey MLS #2660618M Report a problem
11/10/2025	Listed for rent	$2,850$1/sqft
Source: All Jersey MLS #2660618M Report a problem
11/10/2025	Listing removed	$2,850$1/sqft
Source: GSMLS #3990582 Report a problem
10/8/2025	Listed for rent	$2,850$1/sqft
Source: GSMLS #3990582 Report a problem
10/8/2025	Listing removed	$2,850$1/sqft
Source: All Jersey MLS #2660618M Report a problem
10/3/2025	Listed for rent	$2,850+23.9%$1/sqft
Source: All Jersey MLS #2660618M Report a problem
8/5/2024	Listing removed	--
Source: Zillow Rentals Report a problem
7/8/2024	Listed for rent	$2,300-22%$1/sqft
Source: Zillow Rentals Report a problem
3/16/2024	Listing removed	--
Source: Zillow Rentals Report a problem
3/10/2024	Listed for rent	$2,950+47.5%$1/sqft
Source: Zillow Rentals Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
6/2/2019	Listing removed	$2,000$1/sqft
Source: Owner Report a problem
5/14/2019	Listed for rent	$2,000$1/sqft
Source: Owner Report a problem
9/30/2009	Sold	$225,000-37.5%$78/sqft
Source: Public Record Report a problem
5/7/2004	Sold	$360,000+102.8%$126/sqft
Source: Public Record Report a problem
1/21/2000	Sold	$177,500+10.9%$62/sqft
Source: Public Record Report a problem
6/29/1998	Sold	$160,000$56/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,467 +12.8%	$313,800 +12.8%
2024	$8,396 +0.2%	$278,300
2023	$8,380 +1.2%	$278,300
2022	$8,279 -0.1%	$278,300
2021	$8,291	$278,300
2020	--	$278,300
2019	$8,246 +33.4%	$278,300
2018	$6,180 -22.9%	$278,300
2017	$8,015 -0.7%	$278,300
2016	$8,071 -0.6%	$278,300
2015	$8,121 +2.9%	$278,300
2014	$7,895 -3.5%	$278,300 -9.7%
2012	$8,185 -18.7%	$308,300
2011	$10,071 +3.7%	$308,300 -24.7%
2010	$9,715 +9%	$409,400
2009	$8,913	$409,400
2008	--	$409,400
2007	$13,935 +1.2%	$409,400 +154.9%
2006	$13,766 +1.3%	$160,600
2005	$13,584 +900%	$160,600
2004	$1,358	$160,600
2003	--	$160,600
2002	--	$160,600
2001	--	$160,600