$1,500,000

303 Maple Street 309, Perth Amboy, NJ 08861

  • 2 baths |
  • 7,072 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon4,443sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $212/sqft
  • Property List Date Icon Listed 1 month ago

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 6.36% 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!

Listing Status:
Active
Date Added:
May 15, 2025 at 05:00AM
Listing Office:
TVERDOV HOUSING : 732-344-0701
Listing Agent:
PETER TVERDOV :
MLS ID:
2513691R
  • Appliances: Range/OvenRefrigerator
  • Flooring: CarpetTileWood
  • Heating: Radiators-Steam

This listing courtesy of PETER TVERDOV, TVERDOV HOUSING

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

William C. Mcginnis Middle School

271 State St, Perth Amboy, NJ, 08861

Grades 5-8

0.23 miles away

W

William C. Mcginnis Middle School

271 State St, Perth Amboy, NJ, 08861

Grades 5-8

0.23 miles away

P

Perth Amboy High School

300 Eagle Ave, Perth Amboy, NJ, 08861

Grades 9-12

0.95 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.