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Sold for $515,000
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    • $515,000

    551 Colgate Ave, Perth Amboy, NJ 08861

    4beds
    1,568sqft
    Multi Family
    Built in 1949
    -- sqft lot
    $612,200 Zestimate®
    $328/sqft
    $3,377 Estimated rent

    Home value

    $612,200

    $575,000 - $649,000

    $3,377/mo

    Zestimate® history
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    $3,574/mo

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    What's special

    Great opportunity to own this full of potential 2 family in this great Washington Park location, featuring 2 bedroom each apartment, 1st floor features formal dining room. Beautiful private yard ideal for entertainment with a nice above ground pool and well kept patio.

    Zillow last checked:

    Listing updated:

    Listed by:

    ENRIQUE HERNANDEZ,

    PETRA BEST REALTY LLC

    Source: All Jersey MLS,MLS#: 2353244MMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard
    Cooling
    • None
    Appliances
    • Included: Water Heater(Gas), Water Heater
    Features
    • Basement: Full, Recreation Room
    Interior area
    • Total structure area: 1,568
    • Total interior livable area: 1,568 sqft

    Property

    Parking
    • Parking features: 1-2 Car Parking, Paved
    Features
    • Stories: 2
    Lot
    • Size: 6,751 Square Feet
    • Dimensions: 75X90
    • Features: Near Public Transit
    Details
    • Parcel number: 16001900600009
    • Zoning: R-50

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1949

    Utilities & green energy

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

    Community & HOA

    Location
    • Region: Perth Amboy

    Financial & listing details

    • Price per square foot: $328/sqft
    • Tax assessed value: $285,000
    • Annual tax amount: $8,247
    • Date on market: 9/23/2023
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/1/2025Listed for sale$480,000-6.8%$306/sqft
    Source: All Jersey MLS #2353244M Report a problem
    12/13/2023Sold$515,000+3%$328/sqft
    Source: All Jersey MLS #2353244M Report a problem
    11/15/2023Contingent$500,000$319/sqft
    Source: All Jersey MLS #2353244M Report a problem
    11/1/2023Price change$500,000+4.2%$319/sqft
    Source: All Jersey MLS #2353244M Report a problem
    10/30/2023Listed for sale$480,000$306/sqft
    Source: All Jersey MLS #2353244M Report a problem
    10/4/2023Contingent$480,000$306/sqft
    Source: All Jersey MLS #2353244M Report a problem
    9/23/2023Listed for sale$480,000+146.2%$306/sqft
    Source: All Jersey MLS #2353244M Report a problem
    6/9/2003Sold$195,000+62.5%$124/sqft
    Source: Public Record Report a problem
    3/21/1994Sold$120,000$77/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,598 +2.8%$285,000 +2.8%
    2024$8,363 +0.2%$277,200
    2023$8,346 +1.2%$277,200
    2022$8,247 -0.1%$277,200
    2021$8,258 +0%$277,200
    2020$8,255 +0.5%$277,200
    2019$8,213 $277,200
    2018$8,213 +2.9%$277,200
    2017$7,983 -0.7%$277,200
    2016$8,039 -0.6%$277,200
    2015$8,089 +2.9%$277,200
    2014$7,864 +5.9%$277,200
    2013$7,429 -8.9%$277,200
    2012$8,156 +7.9%$277,200 -9.8%
    2011$7,557 +3.7%$307,200
    2010$7,290 +9%$307,200
    2009$6,688 $307,200
    2008-- $307,200
    2007$12,850 +1.2%$307,200 +107.4%
    2006$12,695 +1.3%$148,100
    2005$12,527 +900%$148,100
    2004$1,253 $148,100
    2003-- $148,100
    2002-- $148,100
    2001-- $148,100
    Find assessor info on the county website

    Neighborhood: Chickentown

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    Estimated market value
    $612,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $612,200

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