520 Johnstone Street Perth Amboy, NJ $ 495,000
520 Johnstone Street
$ 495,000
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520 Johnstone Street

Perth Amboy, NJ, 08861
$ 495,000
Baths2.0 Sq 1,260

Monthly Estimate*

$ 3,125

520 Johnstone Street, Perth Amboy, NJ 08861 - Image 1
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Studio

Multi-Family Home for sale in Perth Amboy, NJ

for $495,000 with 2 full baths. This 1,260 square foot home was built in 1909 on a lot size of 0.0287.

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.

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Multi-Family Active

Price

$ 495,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,934

Style

Lot Size

0.0287

Year Built

1909

Town/City

Perth Amboy

County/Region

Middlesex

MLS | Web ID

2700956R

Features
General
Living Area 1260
Sewer Public Sewer
Heating Baseboard Central
Cooling A/C Wall Unit(s) A/C Window Unit(s) Unit 1(A/C Unit) Unit 2(A/C Unit)
Utilities Underground Utilities
Roof Flat
Zoning R-25
Year Built 1909
Stories Count 2
Property Subtype 2 Family
Tax Year 2025
County Middlesex
Property Type Residential Income
Full Baths 0
Close Price 0
Status Active
City Perth Amboy
Lot Size Square Feet 1250
Tax Annual Amount 6934
Living Area Units Square Feet
Standard Status Active
Appliances Water Heater(Gas) Water Heater
Gas Y/N Natural Gas
Virtual Tour https://www.propertypanorama.com/instaview/msx/2700956R
Garage Spaces 0
Ownership Fee Simple
Garage Y/N false
Total Rooms 8
Carport Spaces 0
Carport Y/N false
Ok to Lease Unit 1(Month-Month)
Patio/Porch Features Porch(es) - Open Porch
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Interior
Interior Amenities Unit 1(2 Bedrooms Kitchen 1 Bath Living Room) Unit 2(2 Bedrooms Kitchen 1 Bath Living Room)
Total Stories 2
Heating Y/N true
Half Baths 0
Total Baths 2
Basement Full Exterior Entry Interior Entry
Total Bedrooms 0
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Exterior
Parking Features On Street
Lot Features Corner Lot
Water Source Public
Lot Size Area 0.0287
Building Area Total 1260
Lot Dimensions 50.00 x 100.00
Lot Size Acres 0.0287
Covered Spaces 0
Exterior Amenities Porch(es) - Open Porch
Number of Separate Water Meters 2
Number of Separate Gas Meters 2
Number of Separate Electric Meters 3
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* Excluded Features
List By
Re/Max Innovation

Broker

Affordability Calculator

$3,703
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,125
Monthly Property Taxes
$578
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
7/16/2026$495,000 Listed Price

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520 Johnstone Street, Perth Amboy, NJ, 08861 is a Multi-Family Home for sale at $495,000 with 1,260 sqft and a lot size of 0.0287. 520 Johnstone Street is a studio with 2.0 baths and was built in 1909. The property's zip code is 08861 which is in Perth Amboy, NJ