Mixed-Use Restaurant and Office
131 N Broadway South Amboy, NJ 08879
131 N Broadway, South Amboy, NJ, 08879
$1,695,000
For Sale
$1,695,000
COMMERCIAL - South Amboy City, NJ
Property Size8,000 SF
Price / SF$211.88
Days on Market472
Property Features for 131 N Broadway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Interior features
- Handicapped
- Basement
- Full, Partially Finished
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 47-5
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 9755
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 3
- Flooring type
- Tile, Concrete
- Building materials
- Brick, Stucco
- Roof type
- Flat
Listing agency
United National Realty
(732) 962-9005
Listed by
Michael Dukhovny
(732) 962-9005
Added: Apr 8, 2025 Updated: Jul 11 at 2:04PM Checked: Jul 23 at 7:06AM
MLS# 22510072
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use building includes a ground-floor food establishment with sidewalk use, while the upper two floors are configured as open office spaces with multiple bathrooms in each area. The property also features an elevator, a large basement, sprinkler systems, and heavy-duty electrical systems.
Located in the South Amboy commercial district and right next to the train station, the building offers convenient access and visibility supported by foot traffic.
With its combination of restaurant setup below and flexible open space above, the building provides a straightforward layout for users or ownership scenarios that benefit from both street-level activity and separate upper-floor work areas.
Located in the South Amboy commercial district and right next to the train station, the building offers convenient access and visibility supported by foot traffic.
With its combination of restaurant setup below and flexible open space above, the building provides a straightforward layout for users or ownership scenarios that benefit from both street-level activity and separate upper-floor work areas.
Key Highlights
- Almost 8,000 SF brick and stucco building in the South Amboy commercial district
- Ground floor set up as a food establishment with sidewalk use; upper 2 floors offer open spaces with multiple bathrooms
- Right next to the South Amboy train station, providing access with nearby foot traffic
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $172.8k | $21.60 |
| − Vacancy | −$9.7k | −$1.21 |
| EGI | $163.1k | $20.39 |
| − OpEx | −$40.8k | −$5.10 |
| NOI | $122.3k | $15.29 |
8,000 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.75M
$1.53M – $2.04M
NOI $122,400 @ 7.0% cap · market cap 7.22%
Second Best
Specialty Retail
$1.75M
$1.53M – $2.04M
NOI $122,342 @ 7.0% cap · market cap 7.22%
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M
NOI $146,227 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Ground-floor food establishment with sidewalk use, plus upper open office spaces with multiple bathrooms.
Where is this conventional restaurant located?
The property is located at 131 N Broadway South Amboy, NJ.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Almost 8,000 SF brick and stucco building in the South Amboy commercial district; Ground floor set up as a food establishment with sidewalk use; upper 2 floors offer open spaces with multiple bathrooms; Right next to the South Amboy train station, providing access with nearby foot traffic
