#2509366R, Listing Office: LIFESTYLE INTERNATIONAL REALTY
288 Oak St Perth Amboy, NJ 08861
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
(Under Contract)
Virtual tour
Summary
- Appliances: Water Heater
- Basement: No
- Interior: Unit 1(2 Bedrooms), Unit 2(3 Bedrooms), Unit 3(3 Bedrooms)
- Heating: Radiant
- List Price: $719,000
- Annual Tax Amount: $9,553
- Tax Year: 2024
- Lot: See Remarks
- Year Built: 1909
- Stories: 3
- MLS Number: 2510014R
- MLS Name: CJMLS API
- Office Name: RE/MAX FIRST REALTY II
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Last updated on: 5/16/2025, 4:20:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$719,000
288 Oak St
$8,538
closing credit¹
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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. Residents of Perth Amboy, NJ typically earn less than $<35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
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.
Over 7 listings were sold over their listed price in April 2025 in Perth Amboy, NJ. In the same period over 7 listings were sold below the listed price and 0 listings were sold for the listed price. The number of listings in Perth Amboy, NJ increased by 10.6% between March and April 2025. 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.