Mixed-Use Live/Work
471 Lawrie Street Perth Amboy, NJ 08861
For Sale
$749,900
MULTI_FAMILY - Perth Amboy, NJ
Property Size4,266 SF
Lot Size0.06 Acres
Price / SF$175.79
Days on Market15
Property Features for 471 Lawrie Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-25
- Bedrooms
- 10
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 9, Bathroom 3, Bedroom 8, Bedroom 7, Bedroom 4, Bathroom 1, Basement, Bedroom 10, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 6, Bedroom 5
- Interior features
- Unit 1(2+ Baths, 4 Bedrooms), Unit 2(4 Bedrooms), Unit 3(4 Bedrooms)
- Appliances
- Water Heater(Gas), Water Heater
- Standard status
- Active
- APN
- 1600201000000051
- Size
- 4,266 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11400
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Water source
- Public
Building Details
- Year built
- 1925
- Floors in Building
- 3
- Building materials
- Vinyl Siding
Listing Agency:
REALTY MARK CENTRAL
(609) 716-8400
Listed By:
Jaiminkumar Patel
(609) 273-1212
Added: Jul 12
Changed: Jul 13
Last Checked: Jul 26 at 5:06PM
MLS# 2770041M
Copyright © 2026 All Jersey 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 live/work building offers multiple levels and approximately 4,266 square feet of interior space. The property is configured to combine residential and office use under its existing setup, providing flexibility for an owner-occupant or investor. The sale is being offered as-is, and buyers are responsible for their own due diligence regarding zoning, permitted uses, and any approvals that may be required for future redevelopment or conversion.
The property is located in Perth Amboy, Middlesex County, NJ. Public remarks indicate convenient access to shopping, restaurants, major highways, public transportation, and the Perth Amboy waterfront.
The property is currently zoned R-25 for single-family residential with office use. The existing layout and multiple levels may support different approaches subject to all required municipal approvals and permits.
The property is located in Perth Amboy, Middlesex County, NJ. Public remarks indicate convenient access to shopping, restaurants, major highways, public transportation, and the Perth Amboy waterfront.
The property is currently zoned R-25 for single-family residential with office use. The existing layout and multiple levels may support different approaches subject to all required municipal approvals and permits.
Key Highlights
- Mixed‑use property built in 1925 with over 4,200 SF of interior space
- Unit‑style layout includes Unit 1 with 4 bedrooms and Unit 2 and Unit 3 with 4 bedrooms each
- Property has public water and public sewer connections
Financial Insights For Office B
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 | $128.0k | $30.00 |
| − Vacancy | −$41.0k | −$9.60 |
| EGI | $87.0k | $20.40 |
| − OpEx | −$21.8k | −$5.10 |
| NOI | $65.3k | $15.30 |
4,266 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$932.4K
$815.9K – $1.09M
NOI $65,270 @ 7.0% cap · market cap 8.70%
Second Best
Mixed Use
$527.3K
$461.4K – $615.2K
NOI $36,912 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$1.11M
$974.7K – $1.30M
NOI $77,976 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
FAQs
What type of property is this?
Live-work space - Mixed-use building with multiple levels, currently zoned for single-family residential with office use, and sold as-is.
Where is this live-work space located?
The property is located at 471 Lawrie Street Perth Amboy, NJ.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Mixed‑use property built in 1925 with over 4,200 SF of interior space; Unit‑style layout includes Unit 1 with 4 bedrooms and Unit 2 and Unit 3 with 4 bedrooms each; Property has public water and public sewer connections
