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40 Fayette St APT 66, Perth Amboy, NJ, 08861

2beds
2baths
1,655sqft
$380,000
$230price/sqft
$2,879/moest. monthly cost
$115,160/yrincome needed

About This Home

Penthouse in the Marina District with beautiful views of the Raritan bay waterfront. This is a two level unit. All appliances included and within 2-3 years old: washer/dryer, refrigerator, PTAC units (heating/cooling), water tank, dishwasher, stove/oven, microwave. The windows face north and east, so we see the sunrise in the morning (see pictures) and shade during the high heat of the day. Contact me by call or text.

Getting Around

83
WalkingVery Walkable
60
TransitGood Transit
44
BikeSomewhat Bikeable

Schools

4/10
Mc Ginnis Middle SchoolGrades 5-80.3 mi
1/10
Perth Amboy High SchoolGrades 9-121.1 mi
4/10
Anthony V Ceres SchoolGrades K-40.4 mi

Construction

Condition

  • Year built: 1987

Materials

  • Roof: Metal

Type & Style

  • Home type: Townhouse

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range / Oven,Refrigerator,Washer

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Wall,Electric
  • Cooling features: Wall

Interior Area

  • Total interior livable area: 1,655 sqft

Property

Details

  • Parcel number: 160013600000000101C0066

Features

  • Exterior features: Stucco
  • Has view: Yes
  • View description: Water
  • Has water view: Yes
  • Water view: Water

Lot

  • Lot size: 1.92 Acres

Parking

  • Total spaces: 1
  • Parking features: Off-street

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

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

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Earthquake
Heat Wave
Ice Storm
Tornado
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 $1,921$23,052
Home Insurance *$135$1,620
Property Taxes $630$7,560
Electricity $193$2,318
Total$2,879$34,548
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$98,708/yr
40% on housing$86,370/yr
45% on housing$76,773/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

$230This listing

vs Other Active Listings

Avg $/sqft

ZIP 08861$274
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
2026-05-09Listed for sale$380,000
2024-09-24Sold$310,000
2024-08-09Contingent$339,000
2024-06-04Listed for sale$339,000
2024-04-18Listing removed--
2023-11-29Price change$349,000
2023-10-17Listed for sale$359,000
2018-04-27Listing removed$239,000
2018-02-09Listing removed$1,800
2018-02-02Listed for rent$1,800
2017-12-07Listed for sale$239,000
2010-12-01Sold$65,000
2010-10-15Listed for sale$149,900
2010-09-24Sold$65,000
2010-08-07Price change$75,000
2010-07-11Price change$99,000
2010-05-23Price change$124,900
2010-04-17Price change$130,000
2010-03-14Price change$135,000
2010-02-03Price change$143,900
2010-01-02Price change$149,900
2009-12-19Listed for sale--
2006-12-13Sold$365,000
1996-10-24Sold$70,000
1996-03-07Sold$65,000

For Sale by Owner

AgentProperty Owner

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