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For sale
  • $495,000

    520 Johnstone St, Perth Amboy, NJ 08861

    4beds
    2baths
    1,260sqft
    : 
    $3,480/mo
    Get pre-qualified
    Multi Family
    Built in 1909
    -- sqft lot
    $502,900 Zestimate®
    $393/sqft
    $-- HOA

    What's special

    520 Johnston St, Perth Amboy, NJ 08861 Investment Opportunity Turnkey two-family in the heart of Perth Amboy a true set-it-and-forget-it income property. Two spacious 2-bedroom apartments, both occupied by long-term tenants currently on month-to-month leases, giving you immediate cash flow with the flexibility to restructure terms, or take possession of a unit. The standout feature for investors: tenants pay all utilities, including water. That means minimal operating expenses and a clean, predictable NOI a rarity in multi-family at this price point. Location works in your favor. Perth Amboy's waterfront district continues to attract renters, with the NJ Transit station, Route 35, and the Garden State Parkway all close by, plus quick access to NYC. Steady rental demand, strong tenant retention, and a market that keeps appreciating. Whether you're adding to a portfolio, buying your first multi-family, or looking to house-hack one unit while the other pays the mortgage, this is a straightforward, low-maintenance investment worth a serious look. Call today for rent roll and expense details.
    36 days
    |
    1,398
    |
    61
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    MICHAEL MANISCALCO,

    RE/MAX INNOVATION 732-347-8443

    Source: All Jersey MLS,MLS#: 2700956RMLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Baseboard, Central
      Cooling
      • A/C Wall Unit(s), A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit)
      Appliances
      • Included: Water Heater(Gas), Water Heater
      Features
      • Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room)
      • Basement: Full, Exterior Entry, Interior Entry
      Interior area
      • Total structure area: 1,260
      • Total interior livable area: 1,260 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: On Street
      Features
      • Stories: 2
      • Patio & porch: Porch(es) - Open, Porch
      • Exterior features: Porch(es) - Open, Porch
      Lot
      • Size: 1,250 Square Feet
      • Dimensions: 50.00 x 100.00
      • Features: Corner Lot
      Details
      • Parcel number: 160021200000000701
      • Zoning: R-25

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Roof: Flat
      Condition
      • Year built: 1909

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Underground Utilities

      Community & HOA

      Location
      • Region: Perth Amboy

      Financial & listing details

      • Price per square foot: $393/sqft
      • Tax assessed value: $218,200
      • Annual tax amount: $6,934
      • Date on market: 7/16/2026
      • Ownership: Fee Simple
      • Lease term: Unit 1(Month-Month)

        Estimated market value

        $502,900

        $478,000 - $528,000

        $2,634/mo

        Price history

        DateEventPrice
        7/16/2026Listed for sale$495,000+22.2%$393/sqft
        Source: All Jersey MLS #2700956R Report a problem
        12/30/2024Sold$405,000-2.4%$321/sqft
        Source: All Jersey MLS #2504881R Report a problem
        12/4/2024Contingent$415,000$329/sqft
        Source: All Jersey MLS #2504881R Report a problem
        10/10/2024Listed for sale$415,000+0.6%$329/sqft
        Source: All Jersey MLS #2504881R Report a problem
        5/8/2024Listing removed--
        Source: All Jersey MLS #2409361R Report a problem
        4/2/2024Contingent$412,500$327/sqft
        Source: All Jersey MLS #2409361R Report a problem
        3/14/2024Listed for sale$412,500+194.6%$327/sqft
        Source: All Jersey MLS #2409361R Report a problem
        12/8/2015Sold$140,000-15.1%$111/sqft
        Source: Agent Provided Report a problem
        5/30/2015Listing removed$164,900$131/sqft
        Source: ELEK, J.J. REALTY CO. #1533855 Report a problem
        4/28/2015Listed for sale$164,900-45%$131/sqft
        Source: ELEK, J.J. REALTY CO. #1533855 Report a problem
        10/4/2009Listing removed$299,999$238/sqft
        Source: Century 21 Town & Country #821686 Report a problem
        11/15/2008Price change$299,999-10.4%$238/sqft
        Source: Homes & Land #821686 Report a problem
        7/19/2008Listed for sale$335,000-4.3%$266/sqft
        Source: Homes & Land #821686 Report a problem
        5/23/2006Sold$350,000+284.6%$278/sqft
        Source: Public Record Report a problem
        12/3/2001Sold$91,000$72/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,583 $218,200
        2024$6,583 +0.2%$218,200
        2023$6,570 +1.2%$218,200
        2022$6,491 -0.1%$218,200
        2021$6,500 +0.2%$218,200
        2020$6,489 +0.4%$218,200
        2019$6,465 $218,200
        2018$6,465 +19.5%$218,200 +16.1%
        2017$5,412 -0.7%$187,900
        2016$5,449 -0.6%$187,900
        2015$5,483 +2.9%$187,900
        2014$5,331 -11%$187,900
        2013$5,987 +0.9%$187,900 -15.9%
        2012$5,931 +7.9%$223,400
        2011$5,496 +3.7%$223,400
        2010$5,301 +9%$223,400
        2009$4,863 $223,400
        2008-- $223,400
        2007$5,266 +1.2%$223,400 +268%
        2006$5,203 +1.3%$60,700
        2005$5,134 +899.9%$60,700
        2004$513 $60,700
        2003-- $60,700
        2002-- $60,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Amboy Avenue

        Getting around

        86 / 100
        Very Walkable
        43 / 100
        Some Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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