Coming Soon-Showings Begin 7/15/26-Calling all investors, renovators, and visionaries! Rare opportunity to own a two-family property with highly sought-after off-street parking, featuring a private driveway and detached garage-an exceptional find in this area. This property is ready for a complete transformation and offers endless possibilities to create value. Each spacious unit features 3 bedrooms, 1 full bath, kitchen, living room, dining room, and front great room, while the second-floor unit also includes a dedicated office. A full walk-up attic on the third level provides excellent expansion potential (subject to approvals), and the walk-out basement offers additional flexibility. The generous backyard adds even more possibilities for outdoor enjoyment. Whether you're looking to renovate and occupy one unit while More... renting the other, maximize rental income, or add a standout property to your investment portfolio, this hidden gem is brimming with potential. Adding to its appeal, the neighboring properties on both sides have recently been purchased and are being renovated, reflecting continued reinvestment in the area. Ideally located in Perth Amboy, the City by the Bay, just moments from the waterfront, shopping, dining, public transportation, and major commuter routes.
Multi-familyProperty Type
1896Year Built
2,374 sq ftLot Size
$202Price/Sq.Ft.
1 car garageParking
Listed by ROSLYN SIBILIA• ERA CENTRAL REALTY GROUP
Western Section of the Waterfront, located between the Raritan Bay shoreline and downtown Perth Amboy, is a coastal and historic Perth Amboy neighborhood with a working-marina edge and broad water views. The neighborhood’s character concentrates along the Perth Amboy Waterfront promenade near the marina slips, where anglers, walkers, and waterfront dining set a steady, salt-air rhythm. Brick civic buildings and older streetscapes meet open sky at the waterline, giving daily life a boardwalk-meets-port feel. The Perth Amboy Ferry Terminal adds a commuter pulse beside the bay. Waterfront Park frames the scene with lawns, paths, and event space. The Kearny Cottage Museum and Perth Amboy Gallery Center anchor local culture close to the shoreline.
Provided by Walk Score and Local Logic
Market insights
181 State St · $625,000
DAYS ON MARKET
66 days
The average home goes pending in 70 days.
SALE-TO-LIST
101.0%
Most homes are selling 1% above list price.
LIST PRICE
$625,000
Median sale price in this area is $578,103. (8% lower than this home)
PRICE DROP
0 price drops
13% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
3 bedrooms
Kitchen
Living room
Full basement with both interior and exterior entry
Total of 15 rooms
Two stories
Bedrooms
3 bedrooms
Bathrooms
No full bathrooms reported
No half bathrooms reported
Kitchen
Water heater (gas)
Laundry & utility
Separate utility meters for electric (2), gas (2) and water (2)
Heating & cooling
Steam radiators
Separate furnaces (2 heat systems)
Exterior features
Sidewalk
Yard
Flag lot
Level lot
Home design
Two-story property
Parking
Detached garage (covered) with 1 garage space; 1–2 car parking
See remarks regarding parking
Construction
Asphalt roof
Building area reported as 3,090
Utilities
Public water
Public sewer
Natural gas available
Electricity connected
Natural gas connected
HOA & community
Sidewalks present
Garbage service included in tax
Other
Listing handled by seller/landlord agent or disclosed dual/designated agent if the opportunity arises
Electricity and solar
View estimated energy costs and solar savings for this home
Coming Soon-Showings Start 7/15/26-Calling all investors, renovators, and visionaries! Rare opportunity to own a two-family property with highly sought-after off-street parking, featuring a private driveway and detached garage--an exceptional find in this area. This property is ready for a complete transformation and offers endless possibilities to create value. Each spacious unit features 3 bedrooms, 1 full bath, kitchen, living room, dining room, and front great room, while the second-floor unit also includes a dedicated office. A full walk-up attic on the third level provides excellent expansion potential (subject to approvals), and the walk-out basement offers additional flexibility. The generous backyard adds even more possibilities for outdoor enjoyment. Whether you're looking to renovate and occupy one unit while renting the other, maximize rental income, or add a standout property to your investment portfolio, this hidden gem is brimming with potential. Adding to its appeal, the neighboring properties on both sides have recently been purchased and are being renovated, reflecting continued reinvestment in the area. Ideally located in Perth Amboy, the "City by the Bay," just moments from the waterfront, shopping, dining, public transportation, and major commuter routes.
CJMLS #2700696R
Aug 4, 2026
Contingent
—
Jul 15, 2026
Listed
$625,000
$202/sq ft
Jul 13, 2026
Coming Soon
$625,000
$202/sq ft
Public Records
Oct 23, 1989
Sold
$125,000
$40/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$10,290 (+5.3%)
$92,000 + $231,800
$323,800
2024
$9,769 (+0.2%)
$92,000 + $231,800
$323,800
2023
$9,750 (+1.2%)
$92,000 + $231,800
$323,800
2022
$9,633 (−0.1%)
$92,000 + $231,800
$323,800
2021
$9,646
$92,000 + $231,800
$323,800
2020
$9,643 (−0.4%)
$92,000 + $231,800
$323,800
2019
$9,678 (+2.1%)
$92,000 + $231,800
$323,800
2018
$9,482 (+0.2%)
$92,000 + $231,800
$323,800
2017
$9,462 (+2.7%)
$92,000 + $228,000
$320,000
2016
$9,216 (−1.3%)
$92,000 + $228,000
$320,000
2014
$9,337 (+2.8%)
$92,000 + $228,000
$320,000
2013
$9,078 (−7.9%)
$92,000 + $228,000
$320,000
2011
$9,861 (+7.9%)
$92,000 + $228,000
$320,000
2010
$9,136 (+3.7%)
$125,200 + $246,200
$371,400
2009
$8,813
$125,200 + $246,200
$371,400
Public record
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
2,374 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,090
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,090
Year built
1896
Style
Single Family Residential
County
Middlesex County
APN
1600031 00018 01
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 6, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 99° expected this year, 15 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Perth Amboy, NJ • 08861
Average low and high temperatures (°F)
36
23
40
26
57
37
65
46
72
54
83
65
88
71
81
63
77
61
68
50
56
40
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
64/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
7.1 hrs
3.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 181 State St
$623,157
$1,843 under list price of $625K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $420K to $745K.