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$495,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 520 Johnstone St
General
- Price: $495,000
- Taxes: $6,934 (2025)
- Status: Active
- Type: Duplex
- Source: Middlesex
- MLS ID: 2700956R
- Updated: 7/16/2026
- Added to Site: 2 day(s) ago
Rental Information
- Lease/Rent Term: Unit 1(Month-Month)
Interior
- Interior Features: Unit 1(2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(2 Bedrooms, Kitchen, 1 Bath, Living Room)
- Appliances: Water Heater(Gas), Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
Other Rooms
- Living Room: 1,260 Sq. Ft.
Exterior
- Exterior Features: Porch(es) - Open, Porch
- Deck/Patio: Porch(es) - Open, Porch
Parking
- Parking Features: On Street
- Parking: On Street
Location
- County: Middlesex
Heating & Cooling
- Cooling Type: A/C Wall Unit(s), A/C Window Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit)
- Heating Type: Baseboard, Central
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: Underground Utilities
Structural Information
- Basement Desc.: Full, Exterior Entry, Interior Entry
- Roof: Flat
- Stories/Levels: 2
- Square Feet: 1,260
- Year Built: 1909
Lot Features
- Lot Size (Acres): 0.0287
- Lot Size (Sq. Ft.): 1,250
- Lot Dimensions: 50.00 x 100.00
- Lot Features: Corner Lot
- Zoning: R-25
- Lot Description: Corner Lot
Financial Considerations
- Tax Amount: $6,934
- Tax Year: 2025
- Terms: Unit 1(Month-Month)
Disclosures and Reports
- Property ID: 160021200000000701
Listed by Re/Max Innovation
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Schools
Schools serving 520 Johnstone St
School District:Perth Amboy City School District
| Name | Grades | Distance |
|---|---|---|
Anthony V Ceres School 445 State Street, Perth Amboy, NJ 08861 | K-4 | 0.5 mi |
Mc Ginnis Middle School 271 State Street, Perth Amboy, NJ 08861 | 5-8 | 0.7 mi |
Perth Amboy High School 300 Eagle Avenue, Perth Amboy, NJ 08861 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 520 Johnstone St
Date
Details
Price
Change
Source
7/16/2026
Listed
$495,000
22.22%
MLS
12/03/2024
Sold
$405,000
—
Public Record
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 520 Johnstone St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,934
5%
$220,200
1%
2024
$6,583
—
$218,200
—
2023
$6,570
1%
$218,200
—
2022
$6,491
—
$218,200
—
2021
$6,500
—
$218,200
—
2019
$6,522
1%
$218,200
—
2018
$6,465
16%
$218,200
16%
2017
$5,556
3%
$187,900
—
2016
$5,412
-1%
$187,900
—
2015
$5,449
2%
$187,900
—
2013
$5,331
—
$187,900
—
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 520 Johnstone St
520 Johnstone Street, Perth Amboy, NJ 08861 (MLS# 2700956R) is a Duplex property with 0 bedrooms and 0 full bathrooms. 520 Johnstone Street is currently listed for $495,000 and was received on July 16, 2026. Want to learn more about 520 Johnstone Street? Do you have questions about finding other Duplex 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.

