551 Colgate Ave

1,568 Sq. Ft.
$328 / Sq. Ft.
1,568
Sq. Ft.
$328
per Sq. Ft.

Description

Great opportunity to own this full of potential 2 family in this great Washington Park location, featuring 2 bedroom each apartment, 1st floor features formal dining room. Beautiful private yard ideal for entertainment with a nice above ground pool and well kept patio.Great opportunity to own this full of potential 2 family in this great Washington Park location, featuring 2 bedroom each apartment, 1st floor features formal dining room. Beautiful private yard ideal for entertainment with a nice above ground pool and well kept patio.
  1. Listed by ENRIQUE HERNANDEZ • PETRA BEST REALTY LLC

Property Details for 551 Colgate Avenue

Architectural Style
Cape Cod, Colonial
Zoning
R-50
Year Built
1949
LISTING UPDATED: 11/17/2025 01:36 AM

Property Details for 551 Colgate Avenue

StatusClosed
MLS #2353244M
Days on Market31
Taxes$8,247 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1949
Lot Size0.16 AC / 6,752 SF
CountyMiddlesex County
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Building Information for 551 Colgate Avenue

Stories2Residences-Year Built1949Building Size-Lot Size0.16 AC / 6,752 SF

Payment Calculator

$3,281 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,593

Property Taxes

$687

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 551 Colgate Avenue

Summary
Location and General Information
  • State Or Province: NJ
Parking
  • Carport Spaces: 0.0
  • Carport: No
  • Covered Spaces: 0.0
  • Garage Spaces: 0.0
  • Garage: No
  • Parking Features: 1-2 Car Parking, Paved
Owner
  • Ownership: Fee Simple
Taxes and HOA Information
  • Tax Annual Amount: $8,247.00
  • Tax Year: 2022
  • Other Fees: $.00
Virtual Tour
Property
Lot Information
  • Building Area Total: 1568.0
  • Levels: Two
  • Living Area: 1568.0
  • Living Area Units: Square Feet
  • Lot Features: Near Public Transit
  • Lot Size Acres: 0.155
  • Lot Size Area: 0.155
  • Lot Size Dimensions: 75X90
  • Lot Size Square Feet: 6752.0
Property and Assessments
  • Water Source: Public
  • Parcel Number: 16001900600009
  • Photos Count: 16
  • Property Condition: Unknown
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected
Interior and Exterior Features
Interior Features
  • Cooling: None
  • Gas: Natural Gas
  • Heating: Baseboard
  • Heating: Yes
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Postal Code: 08861
  • Postal Code Plus4: 3011
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 4
  • Basement: Full, Recreation Room
  • Bathrooms Total: 2
  • Appliances: Water Heater(Gas), Water Heater
  • # Heat Systems: 2
  • Rooms Total: 9.0
  • Basement YN: No
Exterior Features
  • Service: Garbage Included In Tax
  • Roof: Asphalt
  • Stories: 2
  • Stories Total: 2
Multi Family
Unit Information
  • Number Of Units Total: 2

Property History for 551 Colgate Avenue

DateEvent & SourcePriceAppreciation
Dec 12, 2023

Sold

CJMLS #2353244M

$515,000
Nov 15, 2023

Active Under Contract

CJMLS #2353244M

Sep 18, 2023

Price Change

CJMLS #2353244M

$500,000
DateEvent & SourcePrice
12/12/2023

Sold

CJMLS #2353244M

$515,000
11/15/2023

Active Under Contract

CJMLS #2353244M

09/18/2023

Price Change

CJMLS #2353244M

$500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 551 Colgate Avenue

Taxable ValueLand$131,000Additions$154,000Total$285,000
Tax Record2024$8,363 ($697 / month)
Home Facts
Beds0Total Finished SqFt1,633 SqFtAbove Grade Finished SqFt1,633 SqFtStories2Lot Size6,750 SqFtStyleSingle Family ResidenceYear Built1949ZoningR-50CountyMIDDLESEXAPN16 00190- 06-00009

Schools near 551 Colgate Avenue

This home is within Perth Amboy Public School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Rose M. Lopez Elementary School
PublicK to 3

Samuel E Shull Middle School
Public6 to 8

Perth Amboy High School
Public9 to 12

James J. Flynn Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of PETRA BEST REALTY LLC, ENRIQUE HERNANDEZ

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 04/28/2026 02:48 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 04/28/2026 02:48 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.