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$725,000

  • For Sale
  • Active
  • Commercial
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Well maintained brick building in an excellent location, sitting on a 75x100 approx. lot. One commercial space (currently leased as a grocery store), 3 apartments, an additional room, PLUS 5 garage spaces. Rent roll is as follows: Grocery Store: $2.050/month 3 BR Apt: $1,350/month, 1 BR Apt: 1150/month Studio Apt: $800/month 4 Garages- $550/month 1 Garage is owner occupied Billboard: $450/ YEAR Approx. yearly gross income: $72,000.00 Expenses: Property Taxes: $16,000/ year Hazard Insurance: $4,600/year Water/Sewer: $3,500/year Gas: $160/month

Full Property Details for 721 State St

General

  • Price: $725,000
  • Taxes: $14,437 (2020)
  • Status: Active
  • Type: Commercial
  • Source: Middlesex
  • MLS ID: 2206205R
  • Updated: 7/16/2024
  • Added to Site: 1, 289 day(s) ago

Interior

  • Interior Features: See Remarks
  • Flooring: See Remarks

Rooms

Other Rooms

  • Living Room: 4,921 Sq. Ft.

Parking

  • Total Spaces: 5
  • Parking Features: Hard Surface
  • Parking: Hard Surface

Location

  • County: Middlesex

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water

Utilities

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

Structural Information

  • Roof: Flat
  • Stories/Levels: 2
  • Square Feet: 4,921
  • Year Built: 1931

Lot Features

  • Lot Size (Acres): 0.1687
  • Lot Size (Sq. Ft.): 7,349
  • Lot Dimensions: 100.00 x 73.50
  • Lot Features: Business District
  • Zoning: C-1
  • Lot Description: Business District

Financial Considerations

  • Tax Amount: $14,437
  • Tax Year: 2020

Disclosures and Reports

  • Documents Avail.: No Documents Available
  • Property ID: 160036000000000702

Listed by J.J. Elek Realty Co.

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Listing agent

— 721 State St —

  • J.J. Elek Realty Co.

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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

Schools serving 721 State St

School District:Perth Amboy Schools
RatingNameGradesDistance
2
Perth Amboy High School
300 Eagle Ave, Perth Amboy, NJ 08861
9-120.3 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 721 State St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/01/2021
Listed
$725,000
262.5%
MLS
6/18/2014
Sold
$200,000
—
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 721 State St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$36
—
$1,200
—
2022
$36
—
$1,200
—
2021
$36
—
$1,200
—
2020
$36
—
$1,200
—
2019
$36
—
$1,200
—
2018
$36
3%
$1,200
—
2017
$35
—
$1,200
—
2016
$35
—
$1,200
—
2015
$35
3%
$1,200
—
2013
$34
—
$1,200
—
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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NMLS#: 1598647

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Listed by J.J. Elek Realty Co.

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721-725 State Street, Perth Amboy, NJ 08861 (MLS# 2206205R) is a Commercial property. 721-725 State Street is currently listed for $725,000 and was received on November 01, 2021. Want to learn more about 721-725 State Street? 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.

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