-520 Johnstone Street, Perth Amboy, NJ 08861
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
Listed by: michael maniscalco
Office: re/max innovation
MLS#:2700956R
Source:NJ_MCMLS
Price summary
- Price:$495,000
- Price per sq. ft.:$392.86
About this home
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....
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Home facts
- Year built:1909
- Listing ID #:2700956R
- Added:21 day(s) ago
- Updated:August 07, 2026 at 03:39 PM
Rooms and interior
- Total bathrooms:2
- Rooms Total:8
- Kitchen Description:Kitchen
- Basement Description:Exterior Entry, Full, Interior Entry
- Living area:1,260 sq. ft.
Heating and cooling
- Cooling:A/C Wall Unit(s), A/C Window Unit(s)
- Heating:Baseboard, Central
Structure and exterior
- Roof:Flat
- Year built:1909
- Building area:1,260 sq. ft.
- Lot area:0.03 Acres
- Lot Features:Corner Lot
- Exterior Features:Porch, Porch(es) - Open
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$495,000
- Price per sq. ft.:$392.86
- Tax amount:$6,934
Features and amenities
- Appliances:Water Heater
Parking
- Parking description:On Street
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