721-725 State Street, Perth Amboy, NJ, 08861

Well maintained brick building in an excellent location, sitting on a 75×100 approx. lot. One commercial space (currently leased as a grocery store), 3 apartments, an additional room, PLUS 5 garage spaces. Rent roll is as follows: Grocery Store: $2.050/month 3 BR Apt: $1,350/month, 1 BR Apt: 1150/month Studio Apt: $800/month 4 Garages- $550/month 1 Garage is owner occupied Billboard: $450/ YEAR Approx. yearly gross income: $72,000.00 Expenses: Property Taxes: $16,000/ year Hazard Insurance: $4,600/year Water/Sewer: $3,500/year Gas: $160/month