721-725 State Street, Perth Amboy, NJ 08861

Well maintained brick building in an excellent location, sitting on a 75x100 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