$749,500

651 Penn St Perth Amboy, NJ 08861

$8,900
Closing credit¹
0 beds
2,273 sqft
0.1 acres
$330 / sqft
Multi-Family

Property details

About 651 Penn St

Prime investment opportunity in the heart of Perth Amboy, NJ! The total yearly income currently shows: $68,208.00 with further upside potential. This positive income-producing two-unit multifamily property offers exceptional potential, featuring a 2 bedroom, 1 bath unit with access to a spacious three-room attic and a half bathroom, all wood flooring throughout. The second unit has 3 bedrooms, 1 full bathroom, also with beautiful wood floors. The property also includes a full unfinished basement, perfect for storage or future possibilities. Situated on a desirable corner lot, it comes with four detached garages, providing valuable off-street parking. Conveniently located near major commuter routes, this is a must-see for investors or owner-occupants looking for strong rental income!

Highlights

Home typeMulti Family
HeatingBaseboard
StatusActive
Size2,273 sqft
Lot size0.1148 Acres
Year built1900
ParkingGarage, Detached, On Street
MLS #2509366R
Garage4 spaces

Virtual tour

Summary

  • MLS Number: 2509366R
  • MLS Name: CJMLS API
  • Office Name: LIFESTYLE INTERNATIONAL REALTY

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: 4/9/2025, 2:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade with brick siding and fence

$749,500

651 Penn St

$8,900

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 20, 2010
Home Sold
$112,000
Jan 10, 2006
Home Sold
$310,000

Tax history

YearAssessmentProperty Tax
2024$291,600$8,129
2022$270,000$2,005
2021$270,000$8,040
2020$270,000$8,070
2019$270,000$8,000

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

0.5 mi

445 State St

3

Rose M. Lopez Elementary School

Public District KG-3

0.6 mi

435 Seaman 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 $57,589. The most common annual income of people living in Perth Amboy, NJ is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

29%
<35k
50%
35k-100k
19%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

31%
Single, No Kids
23%
Single, with Kids
20%
Married, No Kids
26%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
10%
12-17 yrs old
25%
18-34 yrs old
39%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • BasketballBasketball
  • Continuing Education CoursesContinuing Education Courses
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Express/Express For MenExpress/Express For Men
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Jasons DeliJasons Deli
  • QdobaQdoba
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • AcuraAcura
  • VolkswagenVolkswagen
  • BuickBuick

What do the neighbors listen to?

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

Similar homes for sale

This home is located at 651 Penn St in Perth Amboy, NJ and zip code 08861. This 2,273 square foot home, which was built in 1900, sits on a 0.11 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $749,500.

Over 1 listings were sold over their listed price in March 2025 in Perth Amboy, NJ. In the same period over 5 listings were sold below the listed price and 5 listings were sold for the listed price. The number of homes for sale in Perth Amboy, NJ increased by 14% between February and March 2025. In March 2025 median list price was $430,000 and the average listing age was 52 days.

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

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