520 Johnstone ST, Perth Amboy, NJ 08861
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520 Johnstone ST, Perth Amboy, NJ 08861
520 Johnstone ST, Perth Amboy, NJ 08861
520 Johnstone ST, Perth Amboy, NJ 08861
520 Johnstone ST, Perth Amboy, NJ 08861
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$ 495,000
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520 Johnstone ST Perth Amboy, NJ 08861

1,260 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,260 sqft

Price per Sqft $392

MLS Listing ID 2700956R

Year Built 1909

Annual Tax Amount $6,934

Tax Year 2025

Lot Size 1,250 Sqft

Acres 0.0287

Lot Dimensions 50.00 x 100.00

Property Sub-Type 2 Family

Source CJMLS API

Property Description

520 Johnston St, Perth Amboy, NJ 08861 Investment Opportunity Turnkey two-family in the heart of Perth Amboy a true set-it-and-forget-it income property. Two spacious 2-bedroom apartments, both occupied by long-term tenants currently on month-to-month leases, giving you immediate cash flow with the flexibility to restructure terms, or take possession of a unit. The standout feature for investors: tenants pay all utilities, including water. That means minimal operating expenses and a clean, predictable NOI a rarity in multi-family at this price point. Location works in your favor. Perth Amboy's waterfront district continues to attract renters, with the NJ Transit station, Route 35, and the Garden State Parkway all close by, plus quick access to NYC. Steady rental demand, strong tenant retention, and a market that keeps appreciating. Whether you're adding to a portfolio, buying your first multi-family, or looking to house-hack one unit while the other pays the mortgage, this is a straightforward, low-maintenance investment worth a serious look. Call today for rent roll and expense details.

Location

State NJ

County Middlesex

Zoning R-25

Rooms

Basement Full, Exterior Entry, Interior Entry

Interior

Interior Features Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room)

Heating Baseboard, Central

Cooling A/C Wall Unit(s), A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit)

Appliance Water Heater(Gas), Water Heater

Heat Source Natural Gas

Exterior

Exterior Feature Porch(es) - Open, Porch

Utilities Available Underground Utilities

Roof Type Flat

Porch Porch(es) - Open, Porch

Building

Lot Description Corner Lot

Story 2

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 160021200000000701

Ownership Fee Simple

Energy Description Natural Gas

Virtual Tour https://www.propertypanorama.com/instaview/msx/2700956R


Central Jersey MLS (CJMLS)
Listed by RE/MAX INNOVATION

NEARBY SCHOOLS & PROPERTIES

Ryan Skove

Ryan Skove

Broker Associate | License ID: 2186472

+1(732) 222-6336

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520 Johnstone ST