$975,000

264 Washington St Perth Amboy, NJ 08861

$10,000
Closing credit¹
0 beds
3,800 sqft
0.1 acres
$257 / sqft
Multi-Family

Property details

About 264 Washington St

Welcome to 264 Washington Street - A Rare Investor Special or Multifamily Opportunity in the Heart of Perth Amboy! This stately all-brick 4-family property boasts timeless curb appeal and unmatched location just minutes from downtown, waterfront parks, schools, and public transit. Offering four spacious units with separate entrances, this legal multifamily setup is ideal for buy-and-hold investors or owner-occupants seeking strong cash flow potential. Key Features: Solid brick construction with historic charm; Each unit metered separately for gas & electric; Tenants responsible for utilities; Rear yard and side access for convenience; Potential gross rental income of $7,750+ monthly. Located in an Opportunity Zone and surrounded by continued redevelopment, this property is perfect for investors looking to add value or take advantage of Perth Amboy's growing demand for quality rental housing. Whether you're expanding your portfolio or seeking a property to house-hack, 264 Washington Street offers both flexibility and upside. Property sold strictly as-is with tenants in place. Don't miss your chance to own this income-producing asset in a commuter-friendly, high-demand neighborhood!

Highlights

Home typeMulti Family
HeatingBaseboard
StatusActive
Size3,800 sqft
Lot size0.1148 Acres
Year built1907
Parking4(+)Car Parking
MLS #2514196R

Virtual tour

Summary

  • Appliances: Water Heater
  • Interior: Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room,Den/Family Room), Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room,Den/Family Room), Unit 3(3 Bedrooms,Kitchen,1 Bath,Den/Family Room), Unit 4(3 Bedrooms,1 Bath,Living Room,Den/Family Room)
  • Parking: 4(+)Car Parking
  • Exterior: Porch
  • Heating: Baseboard
  • List Price: $975,000
  • Price/SqFt: $256
  • Annual Tax Amount: $13,296
  • Tax Year: 2024
  • Lot: Interior Lot
  • Year Built: 1907
  • Stories: 2
  • Living Area: 3,800 SqFt
  • Lot Size: 0.1148 Acres
  • MLS Number: 2514196R
  • MLS Name: CJMLS API
  • Office Name: KELLER WILLIAMS BY THE BAY

IDX The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 2:20:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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264 Washington St, Perth Amboy, NJ 08861 - view of building exterior

$975,000

264 Washington St

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$441,600$13,296
2022$441,600$13,137
2021$441,600$13,155
2020$441,600$13,199
2019$441,600$13,084

History based on county public records data.

Nearby schools

2

Edward J. Patten Elementary School

Public District KG-4

0.3 mi

500 Charles St

2

Anthony V. Ceres Elementary School

Public District KG-4

0.3 mi

445 State St

1

Herbert N. Richardson 21st Century School

Public District KG-4

0.4 mi

318 Stockton St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $60,742. Residents of Perth Amboy, NJ typically earn between $35k-100k each year. Typical family type is single, with kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

32%
<35k
41%
35k-100k
26%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

30%
Single, No Kids
32%
Single, with Kids
13%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
11%
12-17 yrs old
26%
18-34 yrs old
37%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • BasketballBasketball
  • Horse RacesHorse Races

Where do the neighbors shop?

  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Jasons DeliJasons Deli
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • DodgeDodge
  • AcuraAcura
  • BuickBuick

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 264 Washington St in Perth Amboy, NJ and zip code 08861. This 3,800 square foot home, which was built in 1907, sits on a 0.11 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since May 26, 2025 and is currently priced at $975,000.

In April 2025 more than 7 listings in Perth Amboy, NJ were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 7 were sold below. The inventory of homes for sale in Perth Amboy, NJ between March and April 2025 increased by 10.6%. The median list price of listings available in April 2025 was $425,000, while the average time on the real estate market was 47 days.

From Rocket Homes Real Estate and based on county public records data.

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