101 S Pine Ave

South Amboy City, NJ
$ 550,000 Beds 4 Baths 2
Monthly Estimate* How much can I afford?

Awesome Opportunity for a CASH machine 3 family for Investor or live in 1 unit and rent other 2 *Property consists of renovated 2 family upstairs and downstairs,as well as a third unit ground level with high ceilings currently gutted(was previously commercial-Variance granted by town for 3rd residential unit)*Large back room for can be seperate storage units*big parking area*Upstairs currently rented with lease($1645 gas included)* Downstairs Being left vacant for option for buyer(was rented $1700 paying 1/2 gas)*Seperate Electric Meters*Gross rent 2 fam=$40k(3rd unit when completed easy $2000) to yield $60,000 gross rent. Insurance-$2,400,taxes-$8000,water/sewer-$600,1/2 gas-$600(current expenses=$11,600)Projected expense-$14,000**Looking at NOI Apprx. $46,000 with a CAP Rate of 8.3%!!

Multi-Family

  • Price
  • $ 550,000
  • Lot Size
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • Half Bathrooms
  • 0
  • City, Zip
  • South Amboy City
  • Taxes
  • $ 8084
  • County
  • MIDDLESEX
  • Style
  • 2-Two Story
  • Area
  • South Amboy City
  • MLS#
  • 3697838
  • Zip
  • 08879
Listing Provided by: WEICHERT REALTORS
Data Source: Garden State MLS

Features

General

Architectural Style 2-Two Story
Basement Partial
Cooling Central Air
Drive Off-Street Parking
Heating Baseboard - Hotwater
Open Parking Spaces 4
Roof Asphalt Shingle
Sewer Public Sewer
Tax Annual Amount 8084
Total Units 2
Town # 2120
Township South Amboy City
Utilities All Underground

Interior Features

Fuel Type Gas-Natural
Unit 1 Appl/equip Dryer, Range/Oven - Gas, Refrigerator, Washer
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 1 Handicap Modified No
Unit 1 Levels 1
Unit 1 Room Description Bedrooms, Kitchen, Living Room
Unit 1 Rooms 4
Unit 2 Appl/equip Dryer, Range/Oven - Gas, Refrigerator, Washer
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 2 Handicap Modified No
Unit 2 Levels 2
Unit 2 Room Description Bedrooms, Kitchen, Living Room
Unit 2 Rooms 4
Unittype1totalrent 1700
Unittype2totalrent 1645

Exterior Features

Exterior Description Vinyl Siding
Lot Dimensions 59X100 IRR
Lot Features Corner
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Chatham, NJ office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/15/2021 Listed $550,000

Property vs Zip Code Average in 08879

Price
AVG $460K
$550K
Taxes
AVG $7,630
$8,084
Visits
AVG 52
205
Walkscore
AVG 69
69
Data Provided by Walkscore ® not using MLS data

Map

101 S Pine Ave South Amboy City, NJ is a Single Family Home for sale at $550000 and a lot size of Acre(s). 101 S Pine Ave South Amboy City has 4 bedrooms, 2 baths . The property's zip code is 08879 which is in South Amboy City, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.