Restaurant and Office Building with
131 N Broadway, South Amboy, NJ 08879
- Added:
- Apr 8, 2025
- Days on Market:
- 457
- Last Refresh:
- Jul 8 at 5:06 am
Property Features for 131 N Broadway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 9755
Utilities
- Heating system
- Forced Air, Natural Gas
Building Details
- Floors in Building
- 3
- Flooring type
- Tile
- Building materials
- Stucco, Brick
- Roof type
- Flat
Listing agent Michael Dukhovny
Listing office UNITED NATIONAL REALTY GROUP INC 1682 VICTORY BLVD., STATEN ISLAND, NJ (718) 979-8000
Listing date Apr 8, 2025
MLS# 11470105
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Nearly 8,000 SF commercial building in South Amboy’s commercial district
- Right next to the South Amboy train station, with sidewalk use for the ground‑floor food establishment
- Ground floor designed as a food establishment; upper 2 floors set up as open spaces with multiple bathrooms in each space
- Amenities/features include an elevator, large basement, sprinkler systems, and heavy‑duty electrical systems
- Construction materials: stucco and brick; flooring: tile
- Heating: forced air with natural gas; roof: flat
Overview
This nearly 8,000-square-foot building is designed for a mixed-use arrangement. The ground floor is set up as a food establishment with sidewalk use, while the upper two floors are configured as open spaces with multiple bathrooms in each area. The property also includes an elevator, a large basement, and sprinkler systems, along with heavy-duty electrical systems.
Located in the heart of the South Amboy commercial district, the building sits right next to the South Amboy train station, providing convenient transit access and visibility supported by pedestrian foot traffic.
The layout suits an owner-operator looking to run a restaurant on the ground level while using the upper floors for office or other workspace needs. It also offers flexibility for investors or buyers interested in separating operations by floor, with built-in bathroom capacity throughout the upper suites and the benefit of elevator service for tenant and customer access.
Located in the heart of the South Amboy commercial district, the building sits right next to the South Amboy train station, providing convenient transit access and visibility supported by pedestrian foot traffic.
The layout suits an owner-operator looking to run a restaurant on the ground level while using the upper floors for office or other workspace needs. It also offers flexibility for investors or buyers interested in separating operations by floor, with built-in bathroom capacity throughout the upper suites and the benefit of elevator service for tenant and customer access.
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 Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- South Amboy
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.280669
- Latitude
- 40.484509
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Ground-floor food use with sidewalk access and flexible upper open spaces, supported by elevator and sprinkler systems.
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: Nearly 8,000 SF commercial building in South Amboy’s commercial district; Right next to the South Amboy train station, with sidewalk use for the ground‑floor food establishment; Ground floor designed as a food establishment; upper 2 floors set up as open spaces with multiple bathrooms in each space
