Great investment property- three- 3 bedroom "legal" apartments for all three apartments. Total monthly income for the three leases is $5018. Long term tenants (approximately 5 years for each) who would like to stay. Many upgrades to the property including a re-roof within 1 year, vinyl siding, and excellent living spaces for all three apartments. The bathrooms and kitchens have been updated (the second floor bath tub will be replaced by the current owners). The current owners and tenants have maintained the property and the apartments very well. Great location only 2 blocks from the Raritan Bay Medical Center of Perth Amboy. Great neighborhood. Close to the train and bus lines for commuters and close to shopping. The only reason the owners are selling is that they are retiring and moving. The current tenant/landlord relationship is excellent. Water and sewer is currently paid by the owners. Underground oil tank recently removed with all EPA paperwork completed.
Sold for $725,000 on 08/05/23
$725,000
462 Compton Ave, Perth Amboy, NJ 08861
9beds
3,432sqft
Multi Family
Built in 1919
-- sqft lot
$845,200 Zestimate®
$211/sqft
$2,665 Estimated rent
Home value
$845,200
$744,000 - $964,000
$2,665/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 16, 2025 at 06:36pm
Listed by:
STEPHEN G. BRADSHAW,
COLDWELL BANKER REALTY 732-254-3750
Source: All Jersey MLS,MLS#: 2350036M
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Baseboard Hotwater, Radiant
Cooling
- A/C Wall Unit(s), Unit 1(A/C Unit), Unit 2(A/C Unit), Unit 3(A/C Unit)
Appliances
- Included: Water Heater(Gas), Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator)
Features
- Unit 1(1 Bath, 3 Bedrooms, Kitchen, Living Room), Unit 2(1 Bath, 3 Bedrooms, Kitchen, Living Room), Unit 3(1 Bath, 3 Bedrooms, Kitchen, Living Room)
- Basement: Full
Interior area
- Total structure area: 3,432
- Total interior livable area: 3,432 sqft
Property
Parking
- Parking features: On Street
Features
- Stories: 3
Lot
- Size: 2,500 sqft
- Dimensions: 25X100
- Features: Level, Near Public Transit, Near Train
Details
- Parcel number: 1600280000000008
- Zoning: R-25
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Flat
Condition
- Year built: 1919
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Perth Amboy
Other
Other facts
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2023 | Sold | $725,000-6.5%$211/sqft |
Source:  All Jersey MLS #2350036M | ||
| 5/8/2023 | Contingent | $775,000$226/sqft |
Source: All Jersey MLS #2350036M | ||
| 4/8/2023 | Listed for sale | $775,000$226/sqft |
Source: All Jersey MLS #2350036M | ||
| 4/1/2023 | Listing removed | -- |
Source: All Jersey MLS #2350036M | ||
| 2/3/2023 | Listed for sale | $775,000$226/sqft |
Source: All Jersey MLS #2350036M | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $12,195 +12.5% | $404,200 +12.3% |
| 2023 | $10,840 +1.2% | $360,000 |
| 2022 | $10,710 -0.1% | $360,000 |
Find assessor info on the county website
Neighborhood: 08861
Nearby schools
GreatSchools rating
- 5/10Samuel E Shull Middle SchoolGrades: 5-8Distance: 0.2 mi
- 1/10Perth Amboy High SchoolGrades: 9-12Distance: 0.5 mi
- 3/10James J. Flynn Elementary SchoolGrades: K-4Distance: 1 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$845,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$845,200