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Patric Santo Pietro

[email protected] +1(732) 570-5442

$ 1,500,000

Est. payment -/mo

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303 Maple ST #309 Perth Amboy, NJ 08861

2 Baths

7,072 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,072 sqft

Price per Sqft $212

MLS Listing ID 2513691R

Full Baths 2

Year Built 1924

Annual Tax Amount $28,152

Tax Year 2023

Lot Size 4,443 Sqft

Acres 0.102

Lot Dimensions 101.00 x 44.00

Property Sub-Type Multi Family

Source CJMLS API

Property Description

Seize a rare investment opportunity at 303-309 Maple St, a 5-unit mixed-use building located in the heart of downtown Perth Amboy and in an Opportunity Zone. This property offers a perfect blend of stable commercial income and spacious residential units, ideal for investors seeking returns in a vibrant urban setting. Key Features: Three commercial units with stable, long-term leases, providing consistent cash flow Two oversized 2-bedroom apartments, offering spacious layouts and strong rental potential Prime downtown location, steps from shops, restaurants, train and waterfront attractions Situated in a designated Opportunity Zone, unlocking significant tax benefits Close to public transportation, major highways, and Perth Amboy's bustling business district Well-maintained building with modern amenities and strong curb appeal. Annual rent is $136,260 a year. Water/Insurance/Maintenance $15,000. NOI $95,440. This is currently listed at a 6.36% cap rate. This property combines reliable commercial tenants with high-demand residential units. Don't miss your chance to own a versatile asset in a prime location with exceptional financial upside. Schedule a showing today!

Location

State NJ

County Middlesex

Zoning C-2

Interior

Heating Radiators-Steam

Flooring Carpet, Tile, Wood

Appliance Range/Oven, Refrigerator

Heat Source Natural Gas

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Flat

Building

Lot Description Near Shopping, Near Train

Story 2

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 1600121000000013

Energy Description Natural Gas

Virtual Tour https://www.propertypanorama.com/instaview/msx/2513691R

Listed by TVERDOV HOUSING

Patric Santo Pietro

Agent | License ID: 1007170

+1(732) 570-5442

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Patric Santo Pietro

303 Maple ST #309 Perth Amboy, NJ 08861

Key Details

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Exterior

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303 Maple ST #309