97 Lewis Street 99, Perth Amboy, NJ 08861
Middlesex County
Key Facts
Description
Calling all investors! Excellent opportunity to acquire a 5 legally multifamily property with a total gross annual income of $134,400. Property full renovated. Buyers must qualify for a commercial mortgage, hard money loan, or purchase with cash. Serious investors only. 97 Lewis Street offers a spacious first-floor unit with 3 bedrooms and 1 bath, including a bedroom with direct basement access, currently rented for $3,300/month. The second floor features two separate 1-bedroom, 1-bath apartments with living room and kitchen; one unit has a private rear entrance. Rents are $1,800/month and $1,999/month respectively. 99 Lewis Street includes a first-floor unit with 2 bedrooms and 2 baths, living room and kitchen, rented for $2,100/month. The second-floor unit offers 4 bedrooms, 1 bath, living room, dining area and kitchen, also rented for $2,100/month. Strong rental income across all units. Ideal for investors. Tenants pay utilities. Close to transportation, shopping, and major highways.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1918
Stories
2
Living Area
5,072 sq ft
Lot Size
0.11 acres
Lot Dimensions
100.00 x 0.00
Zoning
multi
Days on Market
33
MLS® Listing#
2609538R
Property Features
Cooling
Heating
Flooring
Parking
Lot Features
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$18,705
Tax year 2024
Assessed Value
$608,900
Parcel Number
1600004000000015
Directions
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Affordability Calculator
$306,000
Estimated monthly payment
$8,143/mo
Principal $1,224,000 · Est. interest $1,707,589 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Perth Amboy, NJ
- $534,375
- Median Listing Price
- 53
- Median Days on Market
- 1,569
- Median Sq Ft
- $322
- Median Price / Sq Ft
- 138
- Active Listings
- This home’s price is 186% above the area median.
- Its price per sq ft is 6% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Perth Amboy, NJ.
Location
- 97 Lewis Street 99, Perth Amboy, NJ 08861
Points of Interest in Perth Amboy, NJ
Showing the Perth Amboy area map.
Nearby Schools
Robert N. Wilentz Elementary School
Elementary · 0.3 mi away
Peterson Elementary School
Elementary · 0.4 mi away
William C. McGinnis Middle School
Secondary · 0.4 mi away
Perth Amboy Public Schools
School · 0.7 mi away
Government Offices City Public Schools
Elementary · 0.9 mi away
Acelero Learning Center
School · 0.9 mi away
Anthony V Ceres School
Elementary · 0.9 mi away
Perth Amboy Magnet School
Secondary · 1.0 mi away
Perth Amboy Catholic School
School · 1.0 mi away
Rose M. Lopez Elementary School
Elementary · 1.1 mi away
Children Center for Learning
School · 1.3 mi away
South Amboy Middle High School
Secondary · 1.4 mi away
Academy for Urban Leadership Charter School
School · 1.4 mi away
Samuel E. Shull Middle School
Secondary · 1.4 mi away
St. Mary's Roman Catholic Church of South Amboy
Secondary · 1.4 mi away
Assumption Catholic School
School · 1.5 mi away
P. S. 1 the Tottenville School
Elementary · 1.5 mi away
St Mary's Elementary School
Elementary · 1.5 mi away
I. S. 034 Tottenville
Secondary · 1.5 mi away
South Amboy Elementary School
Elementary · 1.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 459 State Street, Perth Amboy, NJ | $1,150,000 | — | — | 5,000 |
| 630 Florida Grove Rd, Perth Amboy City, NJ | $1,150,000 | — | — | 10,454 |
| 122 S Rosewell Avenue S, South Amboy, NJ | $1,199,000 | — | 6 | 1,958 |
| 2001 State Route 35, South Amboy, NJ | $1,250,000 | — | 1 | 1 |
| 879 Upper Main Street, South Amboy, NJ | $1,500,000 | — | — | 2,700 |
| 879 Upper Main Street, South Amboy, NJ | $1,500,000 | — | 3 | 2,700 |
Moving Cost Estimate
EXIT Agents in Perth Amboy
Listing Courtesy: UNITED R.E. OF NORTH JERSEY - 8885016953