721-725 State Street Perth Amboy, NJ 08861

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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