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385 Washington St, Perth Amboy, NJ, 08861

6beds
3baths
2,961sqft
$710,000
$240price/sqft
$5,345/moest. monthly cost
$213,800/yrincome needed

About This Home

A very nice 3-family house located in a highly desired section of Perth Amboy. This property presents an excellent opportunity, whether you are looking to live in one unit while renting out the other two, or seeking a strong investment for rental income. Each of the three units features a very similar layout, consisting of 2 bedrooms, 1 bathroom, a kitchen, and a living room. Additionally, the property includes a full basement and all utilities are separate for each unit.

Getting Around

90
WalkingVery Walkable
44
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

5/10
1/10
Perth Amboy High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1919

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Water Heater(Gas),Water Heater,Unit 1(Range/Oven),Unit 2(Range/Oven),Unit 3(Range/Oven)

Basement

  • Has basement: Yes
  • Basement: Full, Daylight, Exterior Entry, Storage Space, Interior Entry, Utility Room

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3

Features

  • Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room),Unit 2(2 Bedrooms,Kitchen,1 Bath,Living Room),Unit 3(2 Bedrooms,1 Bath,Living Room)

Heating & Cooling

  • Heating features: Baseboard,Radiant
  • Cooling features: None,A/C Window Unit(s)

Interior Area

  • Total structure area: 2,961
  • Total interior livable area: 2,961 sqft

Property

Details

  • Parcel number: 1600173000000019
  • Zoning: C-1

Features

  • Stories: 3
  • Patio & porch: Porch(es) - Open,Porch
  • Exterior features: Porch(es) - Open,Fencing/Wall,Yard,Porch
  • Fencing: Fencing/Wall

Lot

  • Lot size: 1,999 sqft
  • Features: Near Shopping,Near Train,Near Public Transit
  • Lot size dimensions: 80.00 x 25.00

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
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Earthquake
Heat Wave
Ice Storm
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 $3,590$43,080
Home Insurance *$252$3,024
Property Taxes $1,177$14,124
Electricity $326$3,916
Total$5,345$64,140
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$183,257/yr
40% on housing$160,350/yr
45% on housing$142,533/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

$240This listing

vs Other Active Listings

Avg $/sqft

ZIP 08861$273
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
2026-05-06Listed for sale$730,000

For Sale by Agent

AgentRICHARD MONTERO
BrokerageUNITED R.E. OF NORTH JERSEY

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