288 Oak Street

Perth Amboy NJ 08861

Duplex

Last sold for $719,000

Karim Ramos, last sold this property on 13 June 2025 after 313 days on market.

Overview

Back on Market. Buyer couldn't perfom. This three family has been fully renovated with up to date appliances except unit one. Landlord pays only taxes and insurance. Tenants pay rent, utlities, incl. water. Prime investment opportunity with a good cap rate. (There is another building attached to this building for sale with 2 units fully renovated as well located at 286 Oak st. Can be purchased as a package). Unit 1 has 2 bedrooms, 1 bath. Tenant in place for years Month 2 Month lease. Rent: $1,300 per month (market value: $2,200-$2,300 per month). Month-to-month lease (not renovated due to current tenancy. Unit 2 has 3 bedrooms, 1 bath. Fully renovated. Rent: $2,300 per month. Lease expires July 31. Unit 3 has 3 bedrooms, 1 bath. Fully renovated. Rent: $2,300 per month. On a lease till July 31. Details Sale price: $719,000. All units pay their own water Landlord pays only taxes and insurance. Buyer responsible for Certificate of Occupancy (CO) (286 Oak is also for sale. 2 family attached to 288 Oak. Fully rented)

Features

Duplex

Estimated Value

Based on this property and similar duplexes sold in Perth Amboy over the last 12 months, the estimated median property value of 288 Oak Street is $635k.

Median value

$635k

Estimated value range

$360k - $950k

Median days on market

Estimated value trend

11%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Perth Amboy. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 288 Oak Street

2025

Sold

$719,000

13 Jun 2025 by Karim Ramos, of REMAX First Realty II | Cranford

2022

Sold

Undisclosed

22 Nov 2022

Happy sellers in Perth Amboy

We have insufficient information to provide an overview of customer satisfaction for Perth Amboy. Viewing the agent profiles, reviews and sales for Perth Amboy can provide insights for this location.