Discover a fantastic investment or live-in opportunity with this beautifully maintained two-family home. Each unit offers two bedrooms and a welcoming eat-in kitchen perfect for everyday living and family gatherings. The finished basement provides added convenience with laundry facilities and ample storage space. Enjoy a long driveway that accommodates 6+ vehicles and a rare double lot, offering plenty of outdoor potential. Recent updates include a complete renovation of the second-floor kitchen and bath, as well as new flooring and fresh paint on the first floor. This home is move-in ready and ideal for both homeowners and investors alike!
Sold for $656,000
$656,000
397 Rector St, Perth Amboy, NJ 08861
4beds
2baths
1,600sqft
Multi Family
Built in 1909
-- sqft lot
$656,500 Zestimate®
$410/sqft
$3,058 Estimated rent
Home value
$656,500
$604,000 - $716,000
$3,058/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 10, 2026 at 07:10am
Listed by:
ANGIES HERNANDEZ,
UNITED R.E. OF NORTH JERSEY 888-501-6953
Source: All Jersey MLS,MLS#: 2606624R
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Baseboard
Cooling
- A/C Window Unit(s)
Appliances
- Included: Water Heater(See Remarks, Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
Features
- Unit 1(2 Bedrooms, Kitchen, Living Room), Unit 2(2 Bedrooms, Kitchen, Living Room)
- Basement: Finished, Exterior Entry, Recreation Room, Storage Space, Interior Entry, Laundry Facilities
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Property
Parking
- Parking features: 4(+)Car Parking
Features
- Stories: 2
- Patio & porch: Patio, Porch
- Exterior features: Patio, Porch
- Waterfront features: Waterfront
Lot
- Size: 4,891 sqft
- Dimensions: 137.00 x 100.00
- Features: Near Shopping, Near Train, Waterfront, Waterview
Details
- Parcel number: 1600139000000012
- Zoning: S-2A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Flat
Condition
- Year built: 1909
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Underground Utilities
Community & neighborhood
Location
- Region: Perth Amboy
Other
Other facts
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2026 | Sold | $656,000+2.7%$410/sqft |
Source:  All Jersey MLS #2606624R Report a problem | ||
| 11/15/2025 | Pending sale | $639,000$399/sqft |
Source:  GSMLS #3995067 Report a problem | ||
| 11/15/2025 | Contingent | $639,000$399/sqft |
Source: All Jersey MLS #2606624R Report a problem | ||
| 10/28/2025 | Listed for sale | $639,000+22.9%$399/sqft |
Source: All Jersey MLS #2606624R Report a problem | ||
| 12/3/2024 | Listing removed | $2,000$1/sqft |
Source: MoreMLS #22431909 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,122 | $269,200 |
| 2024 | $8,122 +0.2% | $269,200 |
| 2023 | $8,106 +1.2% | $269,200 |
Find assessor info on the county website
Neighborhood: State Street
Nearby schools
GreatSchools rating
- 4/10Anthony V Ceres SchoolGrades: K-4Distance: 0.3 mi
- 4/10Mc Ginnis Middle SchoolGrades: 5-8Distance: 0.4 mi
- 1/10Perth Amboy High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$656,500