97 Lewis Street

Perth Amboy, NJ 08861

$1,200,000
Price
6
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Calling all investors; this 5 Unit multi family building is grossing over 100K annually. The interior has been renovated a year ago and the rents are slightly below market rates and has room for upside. Buyers must qualify for a commercial mortgage, hard money loan or CASH to purchase this property. The rental leases are as follows: $1600 2b 2b, $2000 3b 1b, $2500 3b 1b, $1600 1b 1b, $1700 1b 1bCalling all investors; this 5 Unit multi family building is grossing over 100K annually. The interior has been renovated a year ago and the rents are slightly below market rates and has room for upside. Buyers must qualify for a commercial mortgage, hard money loan or CASH to purchase this property. The rental leases are as follows: $1600 2b 2b, $2000 3b 1b, $2500 3b 1b, $1600 1b 1b, $1700 1b 1b
  1. Listed by DWAYNE DURHAM • RE/MAX LIFETIME REALTORS

Property Details for 97 Lewis Street

Directions
MAPS
Days On Market
42

Location

Listing Courtesy of RE/MAX LIFETIME REALTORS, DWAYNE DURHAM
Add your commute
LISTING UPDATED: 04/04/2024 09:52 AM

Property Details for 97 Lewis Street

StatusActive
MLS #3887338
Days on Market68
Taxes$15,696 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2-Two Story
Year Built1900
Lot Size0.11 AC / 4,791 SF
CountyMiddlesex County

Location

Listing Courtesy of RE/MAX LIFETIME REALTORS, DWAYNE DURHAM
Add your commute

Building Information for 97 Lewis Street

Stories-Residences4Year Built1900Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$7,857 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$1,308

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 97 Lewis Street

Summary
Location and General Information
  • Active Days on Market: 42
  • Renovated Year: 2022
  • County #: Middlesex
  • Town Name: Perth Amboy City
  • Block Identifier: 4
  • Listing Type: Exclusive Right to Sell
  • Town #: 2116.0
  • Street # Display: 97.0
  • # Parking Spaces: 0
  • County Or Parish: Middlesex
  • Street Name: Lewis St
  • Zip Code: 08861-4934
  • Total Units: 4
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $15,696
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 527600.0
  • Tax ID For Property: 2116-00004-0000-00015-0000-
  • Tax Rate Amount: $3
  • Tax Rate Tax: *
  • Tax Rate Year: 2022
  • Tax Year: 2022
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: On-Street Parking
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Identifier: 15
  • Approximate Lot Size: 50X100
  • Total Acres: 0.11
  • Construction Date/Year Built: 1900
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 394600.0
  • Assessment Land: 133000.0
Utilities
  • Cooling: No Cool
  • Heating: 4 Units, Baseboard - Hotwater
  • Fuel Type: Gas-Natural
Interior and Exterior Features
Exterior Features
  • Exterior Description: Stucco
Interior Features
  • Roof Description: Rubberized
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: CarbMDet, CookGas, KitExhFn, Refrig
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 2
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 2000.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living Room, Pantry, Porch
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 9999.0
  • Unit 1 Sq Ft: 9999.0
Unit 2 Information
  • Unit 2 Appl/Equip: CarbMDet, CookGas, KitExhFn, Refrig
  • Unit 2 Baths: 2.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 2500.0
  • Unit 2 Room Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Porch
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 9999.0
  • Unit 2 Sq Ft: 9999.0
Unit 3 Information
  • Unit 3 Appl/Equip: CarbMDet, CookGas, KitExhFn, Refrig
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 3
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 2.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 2500.0
  • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 3 Rooms: 4.0
  • Unit 3 Security Deposit: 3.0
  • Unit 3 Sq Ft: 9999.0
Unit 4 Information
  • Unit 4 Appl/Equip: CarbMDet, CookGas, KitExhFn, Refrig
  • Unit 4 Baths: 1.0
  • Unit 4 Bedrooms: 3
  • Unit 4 Fireplaces: 0.0
  • Unit 4 Handicap Modified: No
  • Unit 4 Levels: 2.0
  • Unit 4 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 4 Rent: 2500.0
  • Unit 4 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 4 Rooms: 4.0
  • Unit 4 Security Deposit: 9999.0
  • Unit 4 Sq Ft: 9999.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $40,000.00
  • Net Operating Income: $80,000.00
  • Gross Operating Income: $120,000.00

Property History for 97 Lewis Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 97 Lewis Street

Taxable ValueLand$133,000Additions$394,600Total$527,600
Tax Record2018$15,632 ($1,303 / month)
Home Facts
Total Finished SqFt5,132 SqFtAbove Grade Finished SqFt5,132 SqFtStories2Lot Size5,001 SqFtStyleMulti-Family Res (5+ Units)Year Built1918CountyMIDDLESEXAPN1600004000000015

Schools near 97 Lewis Street

This home is within Perth Amboy Public School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Rating
School
Distance
Robert N Wilentz Elementary School
PublicK to 4

Mc Ginnis Middle School
Public5 to 8

Perth Amboy High School
Public9 to 12

Hn Richardson 21 Cent School
PublicK to 4

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.

Similar Homes

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97 Lewis Street is a multi-family home for sale in Perth Amboy, NJ 08861. This property was listed for sale on February 22, 2024 by RE/MAX LIFETIME REALTORS, it's currently listed at $1,200,000. This listing's school district is Perth Amboy Public School District. Nearby schools include Robert N Wilentz Elementary School, Mc Ginnis Middle School and Perth Amboy High School. 97 Lewis Street is a 6-bed, 6-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX LIFETIME REALTORS, DWAYNE DURHAM

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 04/30/2024 05:20 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.