Perth Amboy, NJ 08861,216 Hall AVE
Perth Amboy, NJ 08861,216 Hall AVE
Perth Amboy, NJ 08861,216 Hall AVE
Perth Amboy, NJ 08861,216 Hall AVE
Perth Amboy, NJ 08861,216 Hall AVE
Perth Amboy, NJ 08861,216 Hall AVE
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$800,000

$890,000

10.1%
Est.Price: ?

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Est. payment /mo

3,710 SqFt


SOLD DATE : 01/15/2025

Key Details

Sold Price $800,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 3,710 sqft

Price per Sqft $215

MLS Listing ID 2560793M

Sold Date 01/15/25

Year Built 1910

Annual Tax Amount $9,494

Tax Year 2023

Lot Size 2,500 Sqft

Acres 0.0574

Lot Dimensions 25X100

Property Sub-Type Commercial

Source CJMLS API

Property Description

BACK ON THE MARKET! BUYER COULD NOT PERFORM. Welcome to this fully occupied brick building in Perth Amboy! This property offers the ideal blend of convenience, comfort, and profitability. Situated in a prime location, this mixed-use building boasts a gross income of $100k annually, making it a lucrative investment prospect sure to capture savvy investors' attention. The first floor is a booming restaurant comprising three residential units and one commercial. Three residential units include a separate entrance and are as follows - Unit 1 - 3 bedrooms 2 bathrooms ($2500), Unit 2 - 2 bedrooms 1 bathroom ($1800), and Unit 3 - Smaller 2 bedrooms 1 bathroom ($1550). The rear of the building has a courtyard that can be transformed into a great outdoor space with some creativity. With four total units, this property presents multiple rental income streams, maximizing your return on investment. With its desirable location, well-designed units, and impressive rental potential, this property won't stay on the market long. Seize the opportunity to secure a lucrative investment that promises financial stability and long-term growth. Schedule a viewing today before it's too late! AS IS! The seller is motivated. The licensee is related to the Owner.

Location

State NJ

County Middlesex

Zoning R-25

Interior

Heating Radiant-Hot Water

Cooling Wall Unit(s)

Flooring Tile, Wood

Heat Source Natural Gas

Exterior

Utilities Available See Remarks

Roof Type Composition

Building

Lot Description Commercial Area

Story 3

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 1600346000000003

Energy Description Natural Gas

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Central Jersey MLS (CJMLS)
Listed by KELLER WILLIAMS EAST MONMOUTH
Steven Betancurth
Steven Betancurth

CEO | License ID: 1539846

+1(201) 834-7475 | steven@bregroupnj.com

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