Backup offers
$8,311 Closing Credit¹
#2560561M, Listing Office: RE/MAX EXCEPTIONAL REALTY
$719,000 List price
288 Oak St Perth Amboy, NJ 08861
$8,538
Closing credit¹
0 beds
Multi-Family
Property details
About 288 Oak St
Back on Market. Buyer couldn't perfom. This three family has been fully renovated with up to date appliances except unit one. Landlord pays only taxes and insurance. Tenants pay rent, utlities, incl. water. Prime investment opportunity with a good cap rate. (There is another building attached to this building for sale with 2 units fully renovated as well located at 286 Oak st. Can be purchased as a package). Unit 1 has 2 bedrooms, 1 bath. Tenant in place for years Month 2 Month lease. Rent: $1,300 per month (market value: $2,200-$2,300 per month). Month-to-month lease (not renovated due to current tenancy. Unit 2 has 3 bedrooms, 1 bath. Fully renovated. Rent: $2,300 per month. Lease expires July 31. Unit 3 has 3 bedrooms, 1 bath. Fully renovated. Rent: $2,300 per month. On a lease till July 31. Details Sale price: $719,000. All units pay their own water Landlord pays only taxes and insurance. Buyer responsible for Certificate of Occupancy (CO) (286 Oak is also for sale. 2 family attached to 288 Oak. Fully rented)
Highlights
Home typeMulti Family
HeatingRadiant
StatusAccepting Backup Offers
(Under Contract)
(Under Contract)
Year built1909
MLS #2510014R
Virtual tour
Summary
- MLS Number: 2510014R
- MLS Name: CJMLS API
- Office Name: RE/MAX FIRST REALTY II
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: 4/9/2025, 4:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$719,000
288 Oak St
$8,538
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 22, 2022 | Home Sold | $300,000 |
| Aug 05, 1988 | Home Sold | $235,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $317,300 | $9,553 |
| 2022 | $317,300 | $9,439 |
| 2021 | $317,300 | $9,452 |
| 2020 | $317,300 | $9,484 |
| 2019 | $317,300 | $9,401 |
History based on county public records data.
Nearby schools
1
Herbert N. Richardson 21st Century School
Public District KG-4
0.2 mi
•318 Stockton St
6
Middlesex County STEM Charter School
Public Charter KG-4
0.4 mi
•430 Market St
3
Rose M. Lopez Elementary School
Public District KG-3
0.4 mi
•435 Seaman St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,345. The majority of Perth Amboy, NJ residents have income less than $<35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
48%
<35k
39%
35k-100k
13%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
37%
Single, No Kids
25%
Single, with Kids
15%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
35%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Basketball
Figure Skating
Where do the neighbors shop?
Burlington
Ross Dress For Less
Chico's
Where do the neighbors go to eat?
Popeyes
Jasons Deli
Bob Evans
What do the neighbors drive?
Dodge
Acura
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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This home is located at 288 Oak St in Perth Amboy, NJ and zip code 08861. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since March 7, 2025 and is currently priced at $719,000.
In March 2025 more than 1 listings in Perth Amboy, NJ were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 5 were sold below. The number of listings in Perth Amboy, NJ increased by 14% between February and March 2025. In March 2025, listings were on the market for 52 days. During the same period, the median list price in this real estate market was $430,000.
From Rocket Homes Real Estate and based on county public records data.