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Perth Amboy 08861
278 Rector Street
Photo of 278 Rector Street
Sold on Aug 10, 2026

47

Map

Photo of 278 Rector Street
Photo of 278 Rector Street
$800,000
● House - Off Market

278 Rector Street

Perth Amboy, NJ 08861
bedrooms
4 Beds
bathrooms
2 Baths
$5,147
Est. Monthly

About This Property

Great Location + Loads of Updates = A great place to call home! Just 2 blocks from the waterfront and marina, this home is not to be missed. On the upper level, you'll find gleaming hardwood floors throughout the living room, dining area and bedrooms. A skylight in the kitchen highlights the new cabinets, quartz countertops and modern Samsung stainless steel appliance package. A spacious and brand new bathroom completes the upper floor. Downstairs, you'll find a huge recreation room, along with an office/mudroom, another fully remodeled bathroom and the 2-car garage with a newly epoxied floor. LED lighting throughout the home gives a bright and modern look. Outside, the first thing you'll notice is the new paver driveway. Balconies in both the front and rear of the home offer plenty of options for outdoor relaxation. And of course, the large fenced backyard is ready for entertaining. Additional features include a newer roof, water heater, furnace and central A/C, and solar powered attic fan. Come and see it today!
Unit Size
-
Days on Market
40 days
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,219
HOA Dues
-
Year Built
2002

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 months ago (CJMLS #2662370M)

Price History

Date / Event Date Event Price
Aug 10, 2026 Sold
Premium
Sold
Jul 16, 2026 In contract -
In contract
Jul 1, 2026 Listed by C21 CHARLES SMITH AGENCY, INC $800,000
Listed by C21 CHARLES SMITH AGENCY, INC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,440
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 480
  • Total Building Area: 3,215
  • Building Area: 3,215
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,215
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000171
  • Standard Land Use Code: 1001
  • County Land Use Code: 2
  • Legal Description 1: ADDITIONAL LOTS: 33.01

Neighborhood

  • School District Name: Perth Amboy City School District
  • Census Tract: 004900

Zoning

  • Zoning: R-60

Geography

  • Assessors Map Reference: TAX MAP 16
  • District: 16
  • Parcel: 16 00054-0000-00032
  • Block: 54
  • Lot: 32
  • Municipality: PERTH AMBOY CITY
  • Latitude: 40.5068
  • Longitude: -74.2641

    Address

  • Full Address: 278 Rector St
  • Address - House Number: 278
  • Address - Street Name: Rector
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Perth Amboy
  • Carrier Code: C004
  • 4-Digit Zip Code: 4435
  • Zip Code: 08861

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,368,798

    Appraisal Valuation

  • Standard Deviation: 0.1517
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 81
  • Final Value: 672,670
  • High Value: 774,751
  • Low Value: 570,590

    Market Valuation

  • Market Total Value: $460,100
  • Market Land Value: $144,200
  • Market Improvement Value: $315,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $460,100
  • Assessed Land Value: $144,200
  • Assessed Improvements Value: $315,900

    Sales

  • Current Sale Contract Date: Aug 13, 2002
  • Current Sale Recording Date: Aug 22, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 13, 2002
  • Previous Sale Contract Date: Aug 13, 2002
  • Previous Sale Amount: $328,600
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Perth Amboy

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$322

Below Asking

0.01%

Average Days on Market

89

Average Home Size

1443 ft²

Average Home Age

82.8 years

Currently For Sale

62 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 76 Raritan Reach, South Amboy, NJ, 08879

$8,400 /mo

  • 3 Beds
  • 3 Baths
76 Raritan Reach, South Amboy, NJ, 08879 Listing by Kaitlyn Siracusa
Unit for rent at 246 Main Street, South Amboy, NJ, 08879

$3,700 /mo

  • 2 Beds
  • 2 Baths
246 Main Street, South Amboy, NJ, 08879 Listing by Ann Marie Konko
Unit for rent at 54 State Street, Perth Amboy, NJ, 08861

$3,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,420 ft²
54 State Street, Perth Amboy, NJ, 08861 Listing by ELVIS COLLADO

Rentals Near You

Click here to view more rentals in the neighborhood.
CJMLS

Listed by: SCOTT M. KESSLER
C21 CHARLES SMITH AGENCY, INC
Last Updated: 3 months ago
Data Source: CJMLS , MLS# 2662370M

Frequently Asked Questions

When was property at 278 Rector Street built and last sold?
The property at 278 Rector Street was built in 2002 and last sold on Aug 13, 2002 for $128,500.
How much is this home worth?
The estimated value of the home located at 278 Rector Street is $808,000.
What are some comparable homes to 278 Rector Street?
There are currently no comparable homes to 278 Rector Street.
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