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$1,075,000 Just Listed

  • For Sale
  • Active
  • Triplex
  • 5 Total Baths
  • 2,868 Sq. Ft.
  • Updated 16 hours ago
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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)

Full Property Details for 361 Prospect St

General

  • Price: $1,075,000
  • Taxes: $9,972 (2025)
  • Status: Active
  • Type: Triplex
  • Source: Middlesex
  • MLS ID: 2612858R
  • Updated: 3/27/2026
  • Added to Site: 1 day(s) ago

Rental Information

  • Lease/Rent Term: Unit 1(Month-Month), Unit 2(Month-Month)

Interior

  • Interior Features: 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

Rooms

Bathrooms

  • Total Bathrooms: 5

Other Rooms

  • Living Room: 2,868 Sq. Ft.

Exterior

  • Exterior Features: Patio, Porch(es) - Enclosed, Porch
  • Deck/Patio: Patio, Enclosed, Porch

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Parking Features: Garage, Detached
  • Parking: Garage, Detached

Location

  • County: Middlesex

Heating & Cooling

  • Cooling Type: A/C Window Unit(s)
  • Heating Type: Central, See Remarks

Utilities

  • Gas: Natural Gas
  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Natural Gas Connected

Structural Information

  • Basement Desc.: Partially Finished, Storage Space
  • Stories/Levels: 2
  • Square Feet: 2,868
  • Year Built: 1903

Lot Features

  • Lot Size (Acres): 0.1205
  • Lot Size (Sq. Ft.): 5,249
  • Lot Dimensions: 105.00 x 0.00
  • Lot Features: Level
  • Zoning: R-25
  • Lot Description: Level

Financial Considerations

  • Tax Amount: $9,972
  • Tax Year: 2025
  • Terms: Unit 1(Month-Month), Unit 2(Month-Month)

Disclosures and Reports

  • Property ID: 1600159000000004

Listed by Exp Realty, Llc

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Listing agent

— 361 Prospect St —

  • Exp Realty, Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 361 Prospect St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/27/2026
Listed
$1,075,000
377.78%
MLS
9/02/2009
Sold
$225,000
—
Public Record
Get Price Alerts and Save Property
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 for 361 Prospect St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,396
1%
$313,800
13%
2022
$8,279
301%
$278,300
—
2022
$2,067
-75%
$278,300
—
2020
$8,288
1%
$278,300
—
2018
$8,246
-1%
$278,300
—
2019
$8,318
1%
$278,300
—
2017
$8,229
3%
$278,300
—
2016
$8,015
-1%
$278,300
—
2015
$8,071
2%
$278,300
—
2013
$7,895
—
$278,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Exp Realty, Llc

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361 Prospect Street, Perth Amboy, NJ 08861 (MLS# 2612858R) is a Triplex property with 0 bedrooms and 0 full bathrooms. 361 Prospect Street is currently listed for $1,075,000 and was received on March 27, 2026. Want to learn more about 361 Prospect Street? Do you have questions about finding other Triplex 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.

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