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506 Washington Avenue, South Amboy, NJ 08879
$599,000
506 Washington Avenue, South Amboy, NJ 08879View this property at 506 Washington Avenue, South Amboy, NJ 08879
506 Washington AvenueSouth AmboyNJ08879
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Property Description
Amazing opportunity to own this great investment property or simply rent a unit to pay for your monthly expenses and live in the other. Both units are rented month-to-month basis. Income potential $2,500 each unit/Annual $60,000, Cap Rate 7.6%. Won't last! This two family house has transportation right in front, bus to Woodbridge Center, Close to Major Highways - GS Pkwy and Route 9, NJ Transit Train to NYC in 35 to 40 mins, Train to Jersey Shores such as Belmar Beach, Bradley Beach, Asbury Park, Pt. Pleasant and more, ferry starting the end of the year 2022, Raritan Bay and Park, Restaurants and Shops, Schools and House of Worship. Each unit consists of 3 bedroom, 1 bath, laundry - washer & dryer, EIK, Living Room, Dining Room, both units have central air. 2nd floor has wood-like tiled floors, updated kitchen with stainless appliances, wood cabinets, updated bathroom. First floor has the same layout needs some update. Full basement with its own entryway, concrete driveway for 2 cars. This property is eligible for a grant up to $15K toward down payment and closing cost for first time buyers if they qualify. Call to schedule appointment and to find out more details.
Full Property Details
Full Property Details for 506 Washington Ave
General
- Sold For: $599,000
- Taxes: $7,588 (2021)
- Status: Closed
- Type: Duplex
- MLS ID: 2306049R
- Added to Site: 561 day(s) ago
Rental Information
- Lease/Rent Term: Unit 1(Month-Month), Unit 2(Month-Month)
Interior
- Interior Features: Unit 1(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(3 Bedrooms, Kitchen, 1 Bath, Living Room)
- Appliances: Water Heater(Gas), Unit 1(Dryer, Refrigerator, Washer), Unit 2(Dryer, Refrigerator, Washer)
Rooms
Other Rooms
- Living Room: 2,931 Sq. Ft.
Parking
- Parking Features: 1-2 Car Parking, See Remarks
- Parking: 1-2 Car Parking, See Remarks
Location
- County: Middlesex
Heating & Cooling
- Cooling Type: A/C Central - All, Ceiling Fan(s), Unit 1(A/C Central), Unit 2(A/C Central)
- Heating Type: Forced Air
Utilities
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected
Structural Information
- Basement Desc.: Full, Utility Room
- Roof: Asphalt, Flat
- Stories/Levels: 2
- Square Feet: 2,931
Lot Features
- Lot Size (Acres): 0.0513
- Lot Size (Sq. Ft.): 2,235
- Lot Dimensions: 77.00 x 29.00
- Lot Features: Near Shopping, Near Train, See Remarks, Near Public Transit
- Zoning: RA
- Lot Description: Near Shopping, Near Train, See Remarks, Near Public Transit
Financial Considerations
- Tax Amount: $7,588
- Tax Year: 2021
- Terms: Unit 1(Month-Month), Unit 2(Month-Month)
Disclosures and Reports
- Property ID: 2000129000000011
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Schools
Schools serving 506 Washington Ave
School District:South Amboy Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
249 John St, South Amboy, NJ 08879 | PK-5 | 0.5 mi | |
200 Harold G Huffman Plz, South Amboy, NJ 08879 | 6-12 | 0.8 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 506 Washington Ave
Date
Details
Price
Change
Source
6/30/2023
Sold
$599,000
—
MLS
12/06/2022
Price Reduced
$599,000
-4.91%
MLS
11/18/2022
Listed
$629,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
506 Washington Avenue, South Amboy, NJ 08879 (MLS# 2306049R) is a Duplex property that was sold at $599,000 on June 30, 2023. Want to learn more about 506 Washington Avenue? Do you have questions about finding other Duplex real estate for sale in South Amboy? You can browse all South Amboy real estate or contact a Coldwell Banker agent to request more information.