NJ > Perth Amboy
Perth Amboy, NJ 08861,303 Maple ST #309
Perth Amboy, NJ 08861,303 Maple ST #309
Perth Amboy, NJ 08861,303 Maple ST #309
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Steven Pagan

Steven Pagan

+1(609) 631-5668
$1,460,000
Est. payment /mo
2 Baths
7,072 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 7,072 sqft

Price per Sqft $206

MLS Listing ID 2513691R

Full Baths 2

Year Built 1924

Annual Tax Amount $28,152

Tax Year 2023

Lot Size 4,443 Sqft

Acres 0.102

Lot Dimensions 101.00 x 44.00

Property Sub-Type Multi Family

Source CJMLS API

Property Description

Seize a rare investment opportunity at 303-309 Maple St, a 5-unit mixed-use building located in the heart of downtown Perth Amboy and in an Opportunity Zone. This property offers a perfect blend of stable commercial income and spacious residential units, ideal for investors seeking returns in a vibrant urban setting. Key Features: Three commercial units with stable, long-term leases, providing consistent cash flow Two oversized 2-bedroom apartments, offering spacious layouts and strong rental potential Prime downtown location, steps from shops, restaurants, train and waterfront attractions Situated in a designated Opportunity Zone, unlocking significant tax benefits Close to public transportation, major highways, and Perth Amboy's bustling business district Well-maintained building with modern amenities and strong curb appeal. Annual rent is $136,260 a year. Water/Insurance/Maintenance $15,000. NOI $95,440. This is currently listed at a 6.54% cap rate. This property combines reliable commercial tenants with high-demand residential units. Don't miss your chance to own a versatile asset in a prime location with exceptional financial upside. Schedule a showing today!

Location

State NJ

County Middlesex

Zoning C-2

Interior

Heating Radiators-Steam

Flooring Carpet, Tile, Wood

Appliance Range/Oven, Refrigerator

Heat Source Natural Gas

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Flat

Building

Lot Description Near Shopping, Near Train

Story 2

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 1600121000000013

Energy Description Natural Gas

Virtual Tour https://www.propertypanorama.com/instaview/msx/2513691R

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Central Jersey MLS (CJMLS)
Listed by TVERDOV HOUSING
agent-avatar

Our passion for real estate and love for New Jersey are a perfect match. We have made it our mission to help local residents sell their homes quickly and at the best possible prices, and  homebuyers in finding their perfect piece of paradise in New Jersey. 

+1(609) 631-5668

steven.pagan@thepagangroup.com

90 Tanner St, Haddonfield, NJ, 08033-2419, USA

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