For sale

Price cut: $25K (8/14)

$375,000

40 Fayette St APT 57, Perth Amboy, NJ 08861

2beds

1,456sqft

$2,661/mo

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Condominium

Built in 1987

-- sqft lot

$372,800 Zestimate^®

$258/sqft

$-- HOA

What's special

Beautifully maintained 2-bedroom, 2-bath residence just moments from the waterfront! This is 1 of only 4 units in the entire building featuring this specific layout, offering a unique and desirable floor plan. Includes private parking, spacious living areas, and a prime location close to dining, shopping, and entertainment. A perfect blend of comfort, convenience, and exclusivity.

80 days

234

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Kitchen

Features: Eat-in Kitchen

Basement

Area: 0

Heating

Electric

Cooling

Ceiling Fan(s), Wall Unit(s), Window Unit(s)

Appliances

Included: Dishwasher, Electric Range/Oven, Microwave, Refrigerator, Range, Electric Water Heater

Features

Blinds, Firealarm, Intercom, High Ceilings, Security System, 1 Bedroom, Kitchen, Living Room, Bath Full, Loft, None
Flooring: Carpet, Ceramic Tile, Wood
Windows: Blinds
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,456
Total interior livable area: 1,456 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: None, Assigned
Details: Assigned

Features

Levels: Highrise
Stories: 2
On waterfront: Yes
Waterfront features: Waterfront

Lot

Size: 1.69 Acres
Features: Waterfront, Waterview, Near Public Transit

Details

Parcel number: 160013600000000101C0057
Zoning: R-MH

Construction

Type & style

Home type: Condo
Architectural style: End Unit
Property subtype: Condominium

Materials

Roof: Rubber, Flat, Metal

Condition

Year built: 1987

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected

Community & HOA

Community

Features: Elevator
Security: Fire Alarm, Security System

HOA

Services included: Common Area Maintenance, Maintenance Structure, Snow Removal, Maintenance Grounds
Additional fee info: Maintenance Expense: $531 Monthly

Location

Region: Perth Amboy

Financial & listing details

Price per square foot: $258/sqft
Tax assessed value: $178,200
Annual tax amount: $5,376
Date on market: 5/30/2026
Ownership: Fee Simple
Electric utility on property: Yes

Estimated market value

$372,800

$354,000 - $391,000

$2,524/mo

Price history

Date	Event	Price
8/14/2026	Price change	$375,000-6.3%$258/sqft
Source: All Jersey MLS #2616529R Report a problem
5/30/2026	Listed for sale	$400,000+300%$275/sqft
Source: All Jersey MLS #2616529R Report a problem
5/7/2015	Sold	$100,000-12.8%$69/sqft
Source: Public Record Report a problem
2/11/2015	Pending sale	$114,700$79/sqft
Source: CENTURY 21 Burke Realty #1505305 Report a problem
10/21/2014	Listed for sale	$114,700+17.6%$79/sqft
Source: CENTURY 21 Burke Realty #1505305 Report a problem
9/25/2001	Sold	$97,500$67/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,376	$178,200
2024	$5,376 +48.8%	$178,200 +48.5%
2023	$3,613 +1.2%	$120,000
2022	$3,570 -0.1%	$120,000
2021	$3,575	$120,000
2020	--	$120,000
2019	$3,556	$120,000
2018	$3,556 -32%	$120,000 -33.9%
2017	$5,227 -0.7%	$181,500
2016	$5,264 -0.6%	$181,500
2015	$5,296 +2.9%	$181,500
2014	$5,149	$181,500