Excellent investment opportunity in the heart of Perth Amboy! This spacious 4-family property offers tremendous income potential, with each unit featuring 3 bedrooms and a comfortable living room. An ideal opportunity for investors looking to expand their portfolio or generate strong rental income.Conveniently located near shopping, restaurants, schools, public transportation, and major roadways, making it highly attractive to prospective tenants. With four spacious units and a desirable location, this property offers outstanding potential for both immediate income and long-term appreciation. Rare 4-family opportunitydon't miss your chance to add this solid income-producing property to your portfolio! Is being Stricly in " AS IS" condition, buyer is responsible for all repairs and C od O.
Multi-familyProperty Type
1909Year Built
9,152 sq ftLot Size
$372Price/Sq.Ft.
7 car garageParking
Listed by ENRIQUE HERNANDEZ• PETRA BEST REALTY LLC
Western Section of the Waterfront, located between the Raritan Bay shoreline and downtown Perth Amboy, is a coastal and historic Perth Amboy neighborhood with a working-marina edge and broad water views. The neighborhood’s character concentrates along the Perth Amboy Waterfront promenade near the marina slips, where anglers, walkers, and waterfront dining set a steady, salt-air rhythm. Brick civic buildings and older streetscapes meet open sky at the waterline, giving daily life a boardwalk-meets-port feel. The Perth Amboy Ferry Terminal adds a commuter pulse beside the bay. Waterfront Park frames the scene with lawns, paths, and event space. The Kearny Cottage Museum and Perth Amboy Gallery Center anchor local culture close to the shoreline.
Provided by Walk Score and Local Logic
Market insights
131-133 Patterson St · $950,000
DAYS ON MARKET
32 days
The average home goes pending in 70 days.
SALE-TO-LIST
101.0%
Most homes are selling 1% above list price.
LIST PRICE
$950,000
Median sale price in this area is $578,103. (39% lower than this home)
PRICE DROP
0 price drops
13% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Private entrances
Kitchens in units
Kitchen
Ranges/ovens in each unit
Gas water heater
Laundry & utility
Utility room in basement
Flooring
Carpet in Unit 1
Carpet in Unit 2
Heating & cooling
Baseboard heating
Heating provided for four units
Exterior features
Private entrance(s)
Underground utilities
Home design
2-story building
Irregular lot
Parking
Detached covered garage with 7 covered spaces
Parking for 4+ cars
Construction
Building area approximately 2,552
Water heater (gas)
Utilities
Public water
Public sewer
Natural gas
One water meter
Four separate electric meters
Four separate gas meters
Electricity and solar
View estimated energy costs and solar savings for this home