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Property Description
BACK ON THE MARKET! BUYER COULD NOT PERFORM. Welcome to this fully occupied brick building in Perth Amboy! This property offers the ideal blend of convenience, comfort, and profitability. Situated in a prime location, this mixed-use building boasts a gross income of $100k annually, making it a lucrative investment prospect sure to capture savvy investors' attention. The first floor is a booming restaurant comprising three residential units and one commercial. Three residential units include a separate entrance and are as follows - Unit 1 - 3 bedrooms 2 bathrooms ($2500), Unit 2 - 2 bedrooms 1 bathroom ($1800), and Unit 3 - Smaller 2 bedrooms 1 bathroom ($1550). The rear of the building has a courtyard that can be transformed into a great outdoor space with some creativity. With four total units, this property presents multiple rental income streams, maximizing your return on investment. With its desirable location, well-designed units, and impressive rental potential, this property won't stay on the market long. Seize the opportunity to secure a lucrative investment that promises financial stability and long-term growth. Schedule a viewing today before it's too late! AS IS! The seller is motivated. The licensee is related to the Owner.
Full Property Details
Full Property Details for 216 Hall Ave
General
- Sold For: $800,000
- Taxes: $9,494 (2023)
- Status: Closed
- Type: Commercial
- Source: Middlesex
- MLS ID: 2560793M
- Added to Site: 438 day(s) ago
Interior
- Flooring: Tile, Wood
Rooms
Other Rooms
- Living Room: 3,710 Sq. Ft.
Parking
- Garage: Yes
- Parking Features: Garage
- Parking: Garage
Location
- County: Middlesex
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Radiant Hot-Water Heat
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: See Remarks
Structural Information
- Roof: Composition
- Stories/Levels: 3
- 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: Commercial Area
- Zoning: R-25
- Lot Description: Commercial Area
Financial Considerations
- Tax Amount: $9,494
- Tax Year: 2023
Disclosures and Reports
- Documents Avail.: Leases, See Remarks
- Property ID: 1600346000000003
Keller Williams East Monmouth
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Schools
Schools serving 216 Hall Ave
School District:Perth Amboy City School District
| Name | Grades | Distance |
|---|---|---|
Perth Amboy High School 300 Eagle Avenue, Perth Amboy, NJ 08861 | 9-12 | 0.3 mi |
Disclaimer:
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
1/15/2025
Sold
$800,000
-10.11%
MLS
12/09/2024
Listed
$890,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
216 Hall Avenue, Perth Amboy, NJ 08861 (MLS# 2560793M) is a Commercial property that was sold at $800,000 on January 15, 2025. 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.

