4 months on rocket

288 Oak St, Perth Amboy, NJ, 08861

$739,000

Home List Price

$8,776*

Closing Credit

0 Baths
Multi

Location

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288 Oak St, Perth Amboy$739,000

Buyer Closing Credits

$8,776*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1909
HeatingRadiant
MLS #2501703R
StatusActive

About 288 Oak St

This three family has been fully renovated with up to date appliances except unit one. Landlord pays only taxes and insurance. Tenants pay rent, utlities, incl. water. Prime investment opportunity with a good cap rate. (There is another building attached to this building for sale with 2 units fully renovated as well located at 286 Oak st. Can be purchased as a package) Unit 1 2 bedrooms, 1 bath Tenant in place for years Rent: $1,300 per month (market value: $2,100-$2,200 per month) Month-to-month lease (not renovated due to tenant) Unit 2 3 bedrooms, 1 bath Fully renovated Rent: $2,300 per month On a lease Unit 3 3 bedrooms, 1 bath Fully renovated Rent: $2,300 per month On a lease Details Sale price: $739,000 All units pay their own water Landlord pays only taxes and insurance Buyer responsible for Certificate of Occupancy (CO) Property being sold as is (286 Oak is also for sale. 2 family attached to 288 Oak)

Property Details

Property Features

Property Information:

  • Year Built: 1909
  • Stories: 3

Listing Office:

  • Office Name: RE/MAX FIRST REALTY II

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Basement: No
  • Interior: Unit 1(2 Bedrooms), Unit 2(3 Bedrooms), Unit 3(3 Bedrooms)

Lot Features

Lot Information:

  • Lot: See Remarks

Utilities

Utilities Information:

  • Heating: Radiant

Price Information

Listing Price Info

Price Summary:

  • List Price: $739,000

Tax Information:

  • Annual Amount: $9,452
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Perth Amboy, NJ.

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Perth Amboy, NJ

City

Med. Sold Price

$415K

Med. Price/SqFt

$304

Avg. Days On Market

58

# of Sold Homes

12

288 Oak St vs Perth Amboy

136 DAYS ON ROCKET

+78 Days

$739,000

+$324K More

KEY TAKEAWAY

This property is $324K more than the Median Sold Price in Perth Amboy, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CJMLS API
  • MLS Number: #2501703R

Listing Office:

  • Office Name: RE/MAX FIRST REALTY II

IDX The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Copyright 2024, CENTRAL JERSEY MULTIPLE LISTING SYSTEM. All Rights Reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM retains all rights, title and interest in and to its trademarks, service marks and copyrighted material.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 05, 1988Home Sold
$235,000

Tax History

YEARPROP. TAXASSESSMENT
2020$9,452$317,300
2019$9,401$317,300
2018$9,402$317,300
2017$9,383$317,300

History based on county public records data.

Payment Calculator

$3,756

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,282

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4310414
1
/10

  • Herbert N. Richardson 21st Century School

  • 318 Stockton St

  • 0.20 miles

  • Public District Grades KG-4

school-card-donut-4310415
6
/10

  • Middlesex County STEM Charter School

  • 430 Market St

  • 0.37 miles

  • Public Charter Grades KG-4

school-card-donut-4310416
5
/10

  • Robert N. Wilentz Elementary School

  • 51 1st St

  • 0.54 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,345. The majority of Perth Amboy, NJ residents have income less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Middlesex County›Perth Amboy›08861›288 Oak St

This home is located at 288 Oak St in Perth Amboy, NJ and zip code 08861. This home was built in 1909. It has been listed on Rocket Homes since August 03, 2024 and is currently priced at $739,000.

Perth Amboy, NJ housing market in November 2024 saw over 9 listings sold above listed price, more than 1 sold at listed price and over 2 sold below. The inventory of homes for sale in Perth Amboy, NJ between October 2024 and November 2024 decreased by 5.1%. Listings spent 58 days on the market in November 2024, and had a median list price of $415,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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