For Sale14d on marketHistoric · 123 yrs
361 Prospect St
Perth Amboy, NJ, 08861 • Southwestern • Middlesex County
$1,075,000
$375/sqft
Down payment assistance available
8Beds
5Baths
2,868Sqft
0.12 acLot
1903Built
Property DNA
Character Home
Built 1903 · 123 years of history
Outdoor Living
Patio · Enclosed · Porch
3-Car Garage
Garage · Detached
This home is getting attention
Listed 14 days ago · 1,079 views · 28 saves
Market activity
Demand and pricing signals for this listing
1,079 views
People checking out this listing
28 saves
Buyers have saved this home
14 days on market
Recently listed
$375/sqft
Price per square foot
About this home
Multi Family · Built 1903 · Historic
Investor special! High-yield 3-family property in Perth Amboy offering exceptional cash flow at an attractive entry price. Property highlights: (3) Income-generating units (including a large 4-bedroom) (3) garages for added revenue Tenants pay all utilities = low expenses With $99K gross income and $86K NOI, this deal presents a rare opportunity to secure an 8% cap rate in a growing market. Ideal for: Investors seeking maximum cash flow Value-add buyers looking to increase rents over time Seller open to seller financing. Shared Driveway. AS IS, Buyer is responsible for CO. *Some photos are virtually enhanced)
Estimated monthly payment
Based on current rates
$6,762/month
Principal & Interest$5,329
Property Tax$1,075
Insurance$358
Down payment20% ($215,000)
3%50%
Est. 6.31% rate · 30yr fixed · $860,000 loan
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At a glance
Key facts and listing details
TypeMulti Family
Year Built1903
HeatingCentral, See Remarks
CoolingA/C Window Unit(s)
Parking3 Garage spaces
Days on Zillow14 Days
Price/sqft$375
Property
Home typeMulti Family
Sub-typeMulti Family
Year built1903
Stories2
Systems
HeatingCentral, See Remarks
CoolingA/C Window Unit(s)
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingGarage, Detached
Garage3 spaces
BasementPartially Finished, Storage Space
Lot5,248 sqft
Location & Tax
NeighborhoodSouthwestern
ZoningR-25
Annual tax$9,972
Parcel1600159000000004
Features & details
10 categories of property features
Interior Features
Interior
Unit 1(2 Bedrooms
Kitchen
Living Room
2+ Baths)
Unit 2(2 Bedrooms
Kitchen
1 Bath
Living Room)
Unit 3(4 Bedrooms
Kitchen
Living Room
2+ Baths)
Appliances
Water Heater(From Furnace
See Remarks
Gas)
Water Heater
Heating
Central
See Remarks
Cooling
A/C Window Unit(s)
Exterior Features
Exterior
Patio
Porch(es) - Enclosed
Porch
Parking
Garage
Detached
Patio & Porch
Patio
Enclosed
Porch
Lot Features
Level
Utilities
Natural Gas Connected
Gas
Natural Gas
Listing insights
Market data and value estimates
StatusFor Sale
Days on market14
Est. value$1,068,000
Est. rent$2,821/mo
Tax rate1.82%
Price/sqft$375
On marketMar 27, 2026
PostedMar 27, 2026
Last sold$225,000
MLS updatedMar 30, 2026
Tour days9
Views1,079
Favorites28
How are the schools in Perth Amboy?
3 schools rated nearby
Location
Perth Amboy, NJ, 08861
Price history
18 events
DateEventPrice$/sqftSource
Mar 27, 2026Listed For Sale$1,075,000$375All Jersey MLS
Nov 26, 2025Listing Removed$2,850$1All Jersey MLS
Nov 10, 2025Listed For Rent$2,850$1All Jersey MLS
Nov 10, 2025Listing Removed$2,850$1GSMLS
Oct 8, 2025Listed For Rent$2,850$1GSMLS
Oct 8, 2025Listing Removed$2,850$1All Jersey MLS
Oct 3, 2025Listed For Rent$2,850$1All Jersey MLS
Aug 5, 2024Listing Removed——Zillow Rentals
Jul 8, 2024Listed For Rent$2,300$1Zillow Rentals
Mar 16, 2024Listing Removed——Zillow Rentals
Mar 10, 2024Listed For Rent$2,950$1Zillow Rentals
Mar 24, 2021Listing Removed——Owner
Jun 2, 2019Listing Removed$2,000$1Owner
May 14, 2019Listed For Rent$2,000$1Owner
Sep 30, 2009Sold$225,000$78Public Record
May 7, 2004Sold$360,000$126Public Record
Jan 21, 2000Sold$177,500$62Public Record
Jun 29, 1998Sold$160,000$56Public Record
Listed For Sale$1,075,000
Mar 27, 2026•$375/sqft•All Jersey MLS
Listing Removed$2,850
Nov 26, 2025•$1/sqft•All Jersey MLS
Listed For Rent$2,850
Nov 10, 2025•$1/sqft•All Jersey MLS
Listing Removed$2,850
Nov 10, 2025•$1/sqft•GSMLS
Listed For Rent$2,850
Oct 8, 2025•$1/sqft•GSMLS
Listing Removed$2,850
Oct 8, 2025•$1/sqft•All Jersey MLS
Listed For Rent$2,850
Oct 3, 2025•$1/sqft•All Jersey MLS
Listing Removed—
Aug 5, 2024•Zillow Rentals
Listed For Rent$2,300
Jul 8, 2024•$1/sqft•Zillow Rentals
Listing Removed—
Mar 16, 2024•Zillow Rentals
Listed For Rent$2,950
Mar 10, 2024•$1/sqft•Zillow Rentals
Listing Removed—
Mar 24, 2021•Owner
Listing Removed$2,000
Jun 2, 2019•$1/sqft•Owner
Listed For Rent$2,000
May 14, 2019•$1/sqft•Owner
Sold$225,000
Sep 30, 2009•$78/sqft•Public Record
Sold$360,000
May 7, 2004•$126/sqft•Public Record
Sold$177,500
Jan 21, 2000•$62/sqft•Public Record
Sold$160,000
Jun 29, 1998•$56/sqft•Public Record
Tax history
24 years of records
YearTax paidAssessed value
Apr 10, 2025$9,467$313,800
Apr 10, 2024$8,396$278,300
Apr 10, 2023$8,380$278,300
Apr 10, 2022$8,279$278,300
Apr 10, 2021$8,291$278,300
Apr 10, 2020—$278,300
Apr 10, 2019$8,246$278,300
Apr 10, 2018$6,180$278,300
Apr 10, 2017$8,015$278,300
Apr 10, 2016$8,071$278,300
Apr 10, 2015$8,121$278,300
Apr 10, 2014$7,895$278,300
Apr 10, 2012$8,185$308,300
Apr 10, 2011$10,071$308,300
Apr 10, 2010$9,715$409,400
Apr 10, 2009$8,913$409,400
Apr 10, 2008—$409,400
Apr 10, 2007$13,935$409,400
Apr 10, 2006$13,766$160,600
Apr 10, 2005$13,584$160,600
Apr 10, 2004$1,358$160,600
Apr 10, 2003—$160,600
Apr 10, 2002—$160,600
Apr 10, 2001—$160,600
Nearby homes
Neighborhood details
Local context around this listing
Perth Amboy, NJ • Middlesex County
Nearby neighborhoods
Amboy AvenueChickentownDowntownHall AvenueHarborHopelawnSouthwesternSpa SpringsState StreetThe Waterfront
Nearby cities
CarteretEast BrunswickEdisonMatawanMonroe TownshipNew BrunswickNorth BrunswickOld Bridge
Nearby zip codes
0886108862
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