For Multi Family

397 Rector St,Perth Amboy City, NJ 08861-4224

October 29, 2025

Discover a fantastic investment or live-in opportunity with this beautifully maintained two-family home. Each unit offers two bedrooms and a welcoming eat-in kitchen perfect for everyday living and family gatherings.The finished basement provides added convenience with laundry facilities and ample storage space. Enjoy a long driveway that accommodates 6+ vehicles and a rare double lot, offering plenty of outdoor potential.Recent updates include a complete renovation of the second-floor kitchen and bath, as well as new flooring and fresh paint on the first floor. This home is move-in ready and ideal for both homeowners and investors alike!

Property ID:PT-7359833-AXZR

Offer Type:For Multi Family

Property Type:Multi-Family

Price: 639,000 $

Bedrooms:2

Year Built:1909

Listing Details

Status: Active

Location

County: Middlesex

Lotsize: 61X137 & 34X42 REAR

Lot Identifier: 12

Lot Description: Lake/Water View

Lot Identifier: 12

Home Details

Open Parking: 6

Basement: Yes

Renovated: 2024

Basmnt/Desc: Yes - Finished

Acreage: 0.11

Total Baths: 2.00

Unit Style: 2-Two Story

Number of Units: 2

Rooms: 8

Easement/Desc: No

Exterior Description: Brick

Roof Description: Flat

Possesion: At closing

Unit 1 Appliances/Equipment: Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector

Unit 1 Levels: 1

Unit 1 Rooms: 4

Unit 1 Beds: 2

Unit 1 Baths: 1.0

Unit 1 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Water, Tenant Pays Gas, Tenant Pays Heat

Unit 1 Handicap: No

Unit 1 Lease Expire: 2026-04-30

Unit 1 SqFt: 800

Unit 1 Rent: 2300

Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room

Unit 1 Security Deposit: 3450

Unit 2 Appliances/Equipment: Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector

Unit 2 Levels: 1

Unit 2 Rooms: 4

Unit 2 Beds: 2

Unit 2 Baths: 1.0

Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water

Unit 2 Handicap: No

Unit 2 Lease Expire: 2025-03-31

Unit 2 SqFt: 800

Unit 2 Rent: 2000

Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living Room

Unit 2 Security Deposit: 3000

Block Identifier: 139

County Number: 21

Town Number: 2116

YB/Desc: 1909 - Approximate, Renovated

Easement: No

Parking/Driveway Description: Driveway-Exclusive

Block Identifier: 139

County Number: 21

Town Number: 2116

Possession: At closing

Utilities

Water Heater: Gas

Heat Source: Gas-Natural

Heat System: Baseboard - Electric

Cool System: Window A/C(s)

Water: Public Water

Sewer: Public Sewer

Utilities: All Underground

Taxes, Fees & Assessments

Tax ID For Property: 2116-00139-0000-00012-0000-

Tax Amount: $8,121.00

Tax Year: 2024

Tax Rate: 3.017%

Tax Rate Year: 2025

Land Assessment: $121,600.00

Building Assessment: $147,600.00

Total Assessment: $269,200.00

FHA Age Restricted: No

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Listing Details

397 Rector St,Perth Amboy City, NJ 08861-4224

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