303 Maple Street | Perth Amboy

$1,500,000 | 2 Baths (2 Full) | 7,072 Sq. Ft.

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! CJMLS 2513691R

MLS Listing ID: 
CJMLS 2513691R
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,500,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Multi Family
Primary Market Area: 
Perth Amboy
Address: 
303 Maple Street, Perth Amboy, NJ 08861, U.S.A.
County: 
Middlesex
Latitude: 
40.5101300
Longitude: 
-74.2718777
Public Remarks: 
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!
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1924
Age: 
0
Living Area: 
7,072
Construction
Roof: 
Flat
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
2
Total Full-Bathrooms: 
2
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Radiators-Steam
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.1
Lot Size (Area): 
0.1
Lot Size (Dimensions): 
101.00 x 44.00
Public Record
Parcel Number: 
1600121000000013
Annual Tax: 
$28,152.00
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
TVERDOV HOUSING