Off Market Sep 2017 for $550K

$995,611

Studio

•

— ba

•

3,200

sq ft

623 Colgate Ave, Perth Amboy, NJ 08861

About this home

Rented below market value, this solid built property is ready to make you money! Four identical apartments exceptionally maintained. Tenants responsible for all their own utilities. Basement is split into 2 sections with 4 separate laundry hook ups. Currently all long term tenants ranging from 4 to over 10 years. Plenty of off street parking. At market value rents, 10% cap rate! Don't miss this deal! All units have separate meters and panels. There is a landlord panel for the common area and exterior lighting.

Multi-familyProperty Type

1982Year Built

7,501 sq ftLot Size

$311Est. Price/Sq.Ft.

1 car garageParking

Listed by CLAUDIA DUNN • KELLER WILLIAMS ELITE REALTORS

Redfin checked: 2 minutes ago

•Source:CJMLS #1719773

Redfin Estimate

$995,611

$446K since sold in September 2017$7,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 88.4% higher than the average sale price ($528K) of 6 comparable homes.

SOLD BY REDFIN JUL 1, 2026
$380,000
A
2 beds2 baths1,452 sq ft
713 Lincoln Dr, Perth Amboy, NJ 08861
SOLD SEP 4, 2026
$755,000
B
4 beds3 baths2,146 sq ft
640 Florida Grove Rd, Perth Amboy, NJ 08861
SOLD JUL 31, 2026
$490,000
C
3 beds1.5 baths1,643 sq ft
800 May Ave, Perth Amboy, NJ 08861
SOLD JUL 16, 2026
$480,000
D
3 beds1.5 baths1,412 sq ft
838 Florida Grove Rd, Perth Amboy, NJ 08861
SOLD MAR 10, 2026
$580,000
E
3 beds2 baths1,450 sq ft
744 Donald Ave, Perth Amboy, NJ 08861
SOLD JUN 26, 2026
$485,000
F
3 beds2 baths1,268 sq ft
654 Colgate Ave, Perth Amboy, NJ 08861

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Earn from this home

Sell

$580,378

Est. take-home

List your home with Redfin and save $9,956

Market trends in 08861, NJ

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.6%

+0.3% MoM

Median sale price

$475K

$32K MoM

Avg. days on market

89d

4 days MoM

Recently sold homes

2 MoM

New listings for sale

$409,000
4 beds1 bath1,676 sq ft
156 Lewis St, Perth Amboy, NJ 08861
$449,000
3 beds1 bath— sq ft
94 Luther Ave, Hopelawn, NJ 08861
$359,999
2 beds2 baths1,307 sq ft
368 Rector St #419, Perth Amboy, NJ 08861-4288
$830,000
5 beds3 baths— sq ft
49 Loretta St, Hopelawn, NJ 08861
$624,999
3 beds2 baths1,863 sq ft
205 Water St, Perth Amboy, NJ 08861
$999,999
8 beds4 baths2,868 sq ft
361 Prospect St, Perth Amboy, NJ 08861
$574,999
5 beds2 baths2,200 sq ft
676 Charles St, Perth Amboy, NJ 08861
$385,000
2 beds1.5 baths1,655 sq ft
40 Fayette St #66, Perth Amboy, NJ 08861
$375,000
2 beds2.5 baths— sq ft
518 Great Beds Ct, Perth Amboy, NJ 08861
$675,000
5 beds2 baths— sq ft
686 Charles St, Perth Amboy, NJ 08862
See all

Provided by Redfin

Sale history for 623 Colgate Ave

Year

Property tax

Land + Additions

Assessment*

2025

$18,572 (+5.3%)

$134,400 + $450,000

$584,400

2024

$17,631 (+0.2%)

$134,400 + $450,000

$584,400

2023

$17,596 (+1.2%)

$134,400 + $450,000

$584,400

2022

$17,386 (−0.1%)

$134,400 + $450,000

$584,400

2021

$17,409

$134,400 + $450,000

$584,400

2020

$17,403 (−0.4%)

$134,400 + $450,000

$584,400

2019

$17,468 (+0.9%)

$134,400 + $450,000

$584,400

2018

$17,316 (+0.2%)

$134,400 + $450,000

$584,400

2017

$17,281 (+2.7%)

$134,400 + $450,000

$584,400

2016

$16,830 (−1.3%)

$134,400 + $450,000

$584,400

2014

$17,052 (+2.9%)

$134,400 + $450,000

$584,400

2013

$16,579 (+1.6%)

$134,400 + $450,000

$584,400

2011

$16,312 (+7.9%)

$134,400 + $450,000

$584,400

2010

$15,114 (+3.7%)

$164,400 + $450,000

$614,400

2009

$14,580

$164,400 + $450,000

$614,400

Tax history for 623 Colgate Ave

Year

Property tax

Land + Additions

Assessment*

2025

$18,572 (+5.3%)

$134,400 + $450,000

$584,400

2024

$17,631 (+0.2%)

$134,400 + $450,000

$584,400

2023

$17,596 (+1.2%)

$134,400 + $450,000

$584,400

2022

$17,386 (−0.1%)

$134,400 + $450,000

$584,400

2021

$17,409

$134,400 + $450,000

$584,400

2020

$17,403 (−0.4%)

$134,400 + $450,000

$584,400

2019

$17,468 (+0.9%)

$134,400 + $450,000

$584,400

2018

$17,316 (+0.2%)

$134,400 + $450,000

$584,400

2017

$17,281 (+2.7%)

$134,400 + $450,000

$584,400

2016

$16,830 (−1.3%)

$134,400 + $450,000

$584,400

2014

$17,052 (+2.9%)

$134,400 + $450,000

$584,400

2013

$16,579 (+1.6%)

$134,400 + $450,000

$584,400

2011

$16,312 (+7.9%)

$134,400 + $450,000

$584,400

2010

$15,114 (+3.7%)

$164,400 + $450,000

$614,400

2009

$14,580

$164,400 + $450,000

$614,400

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

—

Stories

Lot width

75 ft.

Lot depth

100 ft.

Lot size

7,501 Sq. Ft.

Year renovated

—

Sq. Ft.

3,848

Year built

1986

Style

Single Family Residential

County

Middlesex County

APN

1600295 00011

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 19, 2026.

Property details

Parking

Parking / Garage Information
Covered Spaces: 1
Carport Spaces: 1
Has Carport
Parking Features: Detached Carport, 4(+)Car Parking

Interior

Bathroom Information
# of Bathrooms (Full): 0
# of Bathrooms (1/2): 0

Basement Information
Basement: Full, Divided Use

Room Information
# of Rooms: 5

Interior Features
Stories Total: 2
Interior Features: Den/Family Room, Den/Family Room, Den/Family Room, Den/Family Room

Exterior

Lot Information
Lot Size Acres: 0.1722
Lot Size Dimensions: 75 x 100
Lot Size Area: 0.1722

Land Information
Water Source: Public

Property Information
Appliances: Water Heater

Building Information
Building Area Total: 3,200

Financial

Tax Information
Tax Year: 2016
Tax Annual Amount: $16,831

Utilities

Utility Information
# of Separate Electric Meters: 5
Gas: Natural Gas
# of Separate Gas Meters: 4
Sewer: Public Sewer
Utilities: Underground Utilities
# of Separate Water Meters: 4

Heating & Cooling
Has Heating
Cooling: See Remarks
Heating: Baseboard
# Heat Systems: 4

Location

Other Fee Information
Other Municipal Charges: 0

Public facts

Beds: —
Baths: —
Sq. Ft.: 3,848
Stories: 2.0
Lot Size: 7,501 square feet
Style: Single Family Residential
Year Built: 1986
Year Renovated: —
County: Middlesex County
APN: 1600295 00011

Home facts updated by county records on Sep 18, 2026

Other

Listing Information
Age: 0
Service: Garbage Included In Tax
Trans Type: Sellers/Landlords Agent/Disclosed Dual Agent
Transaction Type: Sale

Around this home

Schools

James J. Flynn Elementary School

Public K-5 • Assigned • 0.6mi

3/10

Samuel E Shull Middle School

Public 6-8 • Assigned • 0.7mi

5/10

Perth Amboy High School

Public 9-12 • Assigned • 0.7mi

1/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 4.3 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

4.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$946,000 – $1.15M

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Home values near 623 Colgate Ave

Data from public records.

Address	Redfin Estimate
635 Colgate Avenue, Perth Amboy, NJ - Beds \| - Baths \| 1105 Sq. Ft.	$459,472
616 Colgate Avenue, Perth Amboy, NJ - Beds \| - Baths \| 3179 Sq. Ft.	$635,078

Address	Redfin Estimate
641 Colgate Avenue, Perth Amboy, NJ - Beds \| - Baths \| 1932 Sq. Ft.	$498,707
628 Colgate Avenue, Perth Amboy, NJ 6 Beds \| 4 Baths \| 5349 Sq. Ft.	$806,976

Address	Redfin Estimate
612 Colgate Avenue, Perth Amboy, NJ - Beds \| - Baths \| 960 Sq. Ft.	$389,305
632 Colgate Avenue, Perth Amboy, NJ - Beds \| - Baths \| 2752 Sq. Ft.	$793,528

Property information provided by CJMLS when last listed in 2017. This data may not match . Learn more.

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