Great investment property, 8% ROI Excellent Condition great location close to train, bus line and shopping. Both apartments have been nicely updated and have central AC. Relax on the open porch or in the fenced yard. All separate meters tenants pay all including water, they are also responsible for maintaining the ground and snow removal.
Multi-familyProperty Type
1899Year Built
1,799 sq ftLot Size
$438Price/Sq.Ft.
Listed by FRANCES LITEPLO• RE/MAX FIRST REALTY, INC.
Dr. Herbert N Richardson 21st Century Elementary School
Public K-4 • Assigned • 0.0mi
3/10
Mc Ginnis Middle School
Public 6-8 • Assigned • 0.5mi
4/10
Perth Amboy High School
Public 9-12 • Assigned • 1.4mi
1/10
Provided by GreatSchools
About Southwestern Perth
Amboy
Southwestern Perth Amboy, located between the Arthur Kill waterfront and the Garden State Parkway corridor, is a residential and industrial Perth Amboy neighborhood with working piers and compact blocks of mid-century homes. The neighborhood’s character concentrates around the Smith Street and New Brunswick Avenue area, where corner delis, auto shops, and small storefronts set a steady, utilitarian rhythm. Brick rowhouses and modest capes mix with warehouse edges and rail-adjacent streets. Waterfront air and ship-channel views shape the daily backdrop. Nearby green space and shoreline paths add room to roam without changing the area’s grounded feel.
Provided by Walk Score and Local Logic
Offer insights
331 Watson Ave · $525,000
$545K and above
75% chance or better to win
Why $545K+ is a strong offer
DAYS ON MARKET
112 days
The average home goes pending in 76 days.
SALE-TO-LIST
105.3%
Most homes are selling 5% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Dining
Interior features
Blinds on windows
Kitchen
Bedrooms
7 total rooms (bedroom breakdown not specified)
Bathrooms
No full bathrooms listed
No half bathrooms listed
Kitchen
Water heater (gas)
Laundry & utility
Basement utility room
Basement storage space
Heating & cooling
Forced air heating
Central A/C (both units)
Exterior features
Porch
Yard
Fencing/wall
Curbs and sidewalks
Near shopping, train, and public transit
Home design
2 stories
Parking
On-street parking
Construction
Asphalt roof
Building area approximately 1,200
Utilities
Public water
Public sewer
Natural gas connected
Electricity connected
2 separate electric meters
2 separate gas meters
2 separate water meters
HOA & community
Curbs and sidewalks maintained in community
Other
Garbage service included in tax
Electricity and solar
View estimated energy costs and solar savings for this home
Great investment property. Good location close to train, bus line and shopping. Both apartments have been nicely updated and have central AC. Relax on the open porch or in the fenced yard. All separate meters tenants pay all including water, they are also responsible for maintaining the ground and snow removal.
CJMLS #2618261R
Jun 26, 2026
Listed
$525,000
$438/sq ft
CJMLS #1402271
Dec 22, 2014
Sold
$45,000
$38/sq ft
Brick Building, Cash only offers. Property sold in AS IS condition. Buyer responsible for Code Of compliance and Smoke detectors inspections
Year
Property tax
Land + Additions
Assessment*
2025
$7,414 (+5.3%)
$83,200 + $150,100
$233,300
2024
$7,039 (+0.2%)
$83,200 + $150,100
$233,300
2023
$7,025 (+1.2%)
$83,200 + $150,100
$233,300
2022
$6,941 (−0.1%)
$83,200 + $150,100
$233,300
2021
$6,950
$83,200 + $150,100
$233,300
2020
$6,948 (−0.4%)
$83,200 + $150,100
$233,300
2019
$6,973 (+0.9%)
$83,200 + $150,100
$233,300
2018
$6,913 (+0.2%)
$83,200 + $150,100
$233,300
2017
$6,899 (+2.7%)
$83,200 + $150,100
$233,300
2016
$6,719 (+15.0%)
$83,200 + $150,100
$233,300
2014
$5,841 (+2.8%)
$83,200 + $117,000
$200,200
2013
$5,680 (−9.4%)
$83,200 + $117,000
$200,200
2011
$6,271 (+7.9%)
$113,200 + $123,000
$236,200
2010
$5,811 (+3.7%)
$113,200 + $123,000
$236,200
2009
$5,605
$113,200 + $123,000
$236,200
Public record
Beds
—
Baths
—
Stories
2
Lot width
25 ft.
Lot depth
72 ft.
Lot size
1,799 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,200
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,200
Year built
1899
Style
Single Family Residential
County
Middlesex County
APN
1600115 00017
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 18, 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
8/10 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
87
70
81
63
78
61
68
50
56
40
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
71/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.6 hrs
3.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 331 Watson Ave
$520,571
$4,429 under list price of $525K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $410K to $580K.