Larger Home
3,089 sqft, 463.35 sqft larger (18%) than nearby homes
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What makes this property special compared to others in the area
3,089 sqft, 463.35 sqft larger (18%) than nearby homes
Property values in South Amboy have increased 7% in the last year
South Amboy is a sought-after location with great amenities and accessibility
Exceptional Investment Opportunity in Lighthouse Bay - South Amboy Waterfront Calling all investors! This rare opportunity offers a spacious 3,089 sq ft end unit featuring 3 bedrooms and 3.5 baths, currently generating $48,000 in annual income from a reliable long-term tenant in place since 2019. The property is leased through May 31, 2026, and is not available for owner occupancy at this time. Set in the desirable Lighthouse Bay community, this well-maintained home includes desirable amenities such as a fireplace, a two-car garage, and a private deck. Residents enjoy access to a community clubhouse and pool, creating a relaxing atmosphere just minutes from the NYC train, ferry, and bus. The location combines peaceful waterfront living with convenient access to major work centers and local amenities, making it a strong addition to any investment portfolio. This property is not available to owner occupants due to a lease with the existing tenants through 05/31/2026.
Average home price in this area
0 new listings in the last 3 months
0 homes sold in the last 3 months
Market data is based on recent sales and listings in this area.
What makes this property special compared to others in the area
3,089 sqft, offering generous living space in South Amboy
South Amboy is currently a hot seller's market
Built in 2004 with contemporary features
Great value in a desirable South Amboy location
Exceptional Investment Opportunity in Lighthouse Bay - South Amboy Waterfront Calling all investors! This rare opportunity offers a spacious 3,089 sq ft end unit featuring 3 bedrooms and 3.5 baths, currently generating $48,000 in annual income from a reliable long-term tenant in place since 2019. The property is leased through May 31, 2026, and is not available for owner occupancy at this time. Set in the desirable Lighthouse Bay community, this well-maintained home includes desirable amenities such as a fireplace, a two-car garage, and a private deck. Residents enjoy access to a community clubhouse and pool, creating a relaxing atmosphere just minutes from the NYC train, ferry, and bus. The location combines peaceful waterfront living with convenient access to major work centers and local amenities, making it a strong addition to any investment portfolio. This property is not available to owner occupants due to a lease with the existing tenants through 05/31/2026.
Go see 51 S Shore Drive, South Amboy NJ 08879
Pick a time to see the home and we'll coordinate a tour for you.
Average home price in this area
45 new listings in the last 3 months
68 homes sold in the last 3 months
Market data is based on recent sales and listings in this area.
Home prices in 08879 have decreased over the last 3 years while overall home prices in South Amboy have been growing.
-1.4% per year
13.7% per year
May 2025
$712k
What makes this property special compared to others in the area
3,089 sqft, offering generous living space in South Amboy
South Amboy is currently a balanced market
Built in 2004 with contemporary features
Great value in a desirable South Amboy location
Exceptional Investment Opportunity in Lighthouse Bay - South Amboy Waterfront Calling all investors! This rare opportunity offers a spacious 3,089 sq ft end unit featuring 3 bedrooms and 3.5 baths, currently generating $48,000 in annual income from a reliable long-term tenant in place since 2019. The property is leased through May 31, 2026, and is not available for owner occupancy at this time. Set in the desirable Lighthouse Bay community, this well-maintained home includes desirable amenities such as a fireplace, a two-car garage, and a private deck. Residents enjoy access to a community clubhouse and pool, creating a relaxing atmosphere just minutes from the NYC train, ferry, and bus. The location combines peaceful waterfront living with convenient access to major work centers and local amenities, making it a strong addition to any investment portfolio. This property is not available to owner occupants due to a lease with the existing tenants through 05/31/2026.
Go see 51 S Shore Drive, South Amboy NJ 08879
Pick a time to see the home and we'll coordinate a tour for you.
Average home price in this area
45 new listings in the last 3 months
68 homes sold in the last 3 months
Market data is based on recent sales and listings in this area.
Home prices in 08879 have decreased over the last 3 years while overall home prices in South Amboy have been growing.
-1.4% per year
13.7% per year
May 2025
$712k