1. New Jersey
  2. Perth Amboy
  3. 303 Maple Street 309
$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 8 days 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

Location