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168 1st St, Perth Amboy, NJ, 08861

11beds
2baths
1,878sqft
$579,000
$308price/sqft
$4,299/moest. monthly cost
$171,960/yrincome needed

About This Home

Excellent investment opportunity in a prime location! This versatile multi-family property features a spacious 1-bedroom apartment complete with a living room, kitchen, and full bathroom, along with four additional private rooms with shared common facilities. Both the apartment and rooms are currently occupied, providing steady rental income for the owner. The property also offers a large backyard and ample off-street parking for tenants and guests. One of the standout features is the potential to convert the property into a duplex, creating additional value and increasing future rental income potential. The existing layout offers flexibility and can be easily modified to fit a variety of investment goals. Conveniently located near close New York Transport, shopping, restaurants, and public transportation, this is a rare opportunity to own a profitable income-producing property in a highly desirable area. Don't miss out on this exceptional investment opportunity!This property features a unique combination of a private 1-bedroom apartment and a 4-room boarding house.Deep Lot With 4 Parking Spots .A Must See !!!

Getting Around

92
WalkingWalker's Paradise
47
TransitSome Transit
50
BikeBikeable

Schools

4/10
Mc Ginnis Middle SchoolGrades 6-80.3 mi
1/10
Perth Amboy High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1891

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Water Heater(Gas),Water Heater

Basement

  • Has basement: Yes
  • Basement: Full, Utility Room

Bedrooms & Bathrooms

  • Bedrooms: 11
  • Bathrooms: 2

Features

  • Unit 1(1 Bedroom,Kitchen,1 Bath,Living Room),Unit 2(1 Bedroom,2 Bedrooms,3 Bedrooms,4 Bedrooms,1 Bath,See Remarks)

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Ceiling Fan(s),A/C Window Unit(s)

Interior Area

  • Total structure area: 1,878
  • Total interior livable area: 1,878 sqft

Property

Details

  • Parcel number: 1600034000000050

Features

  • Stories: 2
  • Patio & porch: Porch
  • Exterior features: Porch

Lot

  • Lot size: 3,750 sqft
  • Features: Near Shopping,Near Train,Sloped,Near Public Transit
  • Lot size dimensions: 150.00 x 0.00

Parking

  • Parking features: 4(+)Car Parking

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Cold Wave
Earthquake
Heat Wave
Ice Storm
Strong Wind
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,927$35,124
Home Insurance *$205$2,460
Property Taxes $960$11,520
Electricity $207$2,484
Total$4,299$51,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$147,394/yr
40% on housing$128,970/yr
45% on housing$114,640/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.6%
7.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.7%
-2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$308This listing

vs Other Active Listings

Avg $/sqft

ZIP 08861$272
Middlesex County$305

vs Homes Sold Last Month

Median $/sqft

ZIP 08861$317
Middlesex County$345

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-13Listed for sale$579,000
2023-10-27Sold$450,000
2023-10-11Contingent$449,999
2023-10-11Pending sale$449,999
2023-08-24Listed for sale$449,999
2022-09-20Sold$275,000

For Sale by Agent

AgentYOUSUF S. SYED
BrokerageEXP REALTY, LLC

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