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216 Hall Avenue, Perth Amboy, NJ 08861
$975,000
216 Hall Avenue, Perth Amboy, NJ 08861View this property at 216 Hall Avenue, Perth Amboy, NJ 08861
216 Hall AvenuePerth AmboyNJ08861
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Property Description
Welcome to this fantastic, beautiful brick building in Perth Amboy! This maintained property offers the ideal blend of convenience, comfort, and profitability. Situated in a prime location, this mixed-use building boasts a total GROSS annual rent of $94,800, making it a lucrative investment prospect that is sure to capture the attention of savvy investors. Comprising three residential units and one commercial, it is currently a booming restaurant. Three residential units include a separate entrance and are noted as Unit 1 - 3 bedrooms 2 bathrooms, Unit 2 - 2 bedrooms 1 bathroom, and Unit 3 - 2 bedrooms 1 bathroom. The rear of the building has a courtyard that can be transformed into a great outdoor space with some creativity. With a combined total of four units, this property presents multiple streams of rental income, maximizing your return on investment. Whether you're a seasoned investor or exploring the realm of real estate investment for the first time, this property offers an exceptional opportunity to generate substantial rental income. Don't miss out on the chance to add this gem to your investment portfolio. With its desirable location, well-designed units, and impressive rental potential, this property won't stay on the market for long. Seize the opportunity to secure a lucrative investment that promises both financial stability and long-term growth. Schedule a viewing today before it's too late! The licensee is related to the Owner.
Full Property Details
Full Property Details for 216 Hall Ave
General
- Price: $975,000
- Taxes: $9,494 (2023)
- Status: Active
- Type: Commercial
- MLS ID: 2354136M
- Updated: 4/16/2024
- Added to Site: 44 day(s) ago
Interior
- Flooring: See Remarks
Rooms
Other Rooms
- Living Room: 3,710 Sq. Ft.
Parking
- Garage: Yes
- Parking Features: Garage, Off Site
- Parking: Garage, Off Site
Location
- County: Middlesex
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: See Remarks
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: See Remarks
Structural Information
- Roof: Flat, Sloped
- Stories/Levels: 2
- Square Feet: 3,710
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.0574
- Lot Size (Sq. Ft.): 2,500
- Lot Dimensions: 25 x 100
- Lot Features: Business District, See Remarks
- Zoning: R-25
- Lot Description: Business District, See Remarks
Financial Considerations
- Tax Amount: $9,494
- Tax Year: 2023
Disclosures and Reports
- Documents Avail.: Cashflow/Income and Expenses, Leases
- Property ID: 1600346000000003
Listed by Keller Williams Elite Realtors
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Schools
Schools serving 216 Hall Ave
School District:Perth Amboy Schools
Rating | Name | Grades | Distance |
---|---|---|---|
300 Eagle Ave, Perth Amboy, NJ 08861 | 9-12 | 0.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 216 Hall Ave
Date
Details
Price
Change
Source
4/16/2024
Price Reduced
$975,000
-17.02%
MLS
3/18/2024
Listed
$1,175,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 216 Hall Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$9,380
—
$315,300
—
2021
$9,393
—
$315,300
—
2019
$9,424
1%
$315,300
—
2018
$9,342
—
$315,300
—
2017
$9,323
3%
$315,300
—
2016
$9,081
-1%
$315,300
—
2015
$9,144
-4%
$315,300
—
2013
$9,512
—
$315,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 216 Hall Ave
216 Hall Avenue, Perth Amboy, NJ 08861 (MLS# 2354136M) is a Commercial property. 216 Hall Avenue is currently listed for $975,000 and was received on March 18, 2024. Want to learn more about 216 Hall Avenue? Do you have questions about finding other Commercial real estate for sale in Perth Amboy? You can browse all Perth Amboy real estate or contact a Coldwell Banker agent to request more information.