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    Corner Commercial Investment Opportunity Title is generated by Realmo AI

    591 New Brunswick Avenue, Perth Amboy, NJ 08861

    View on Map
    Claim this Listing
    For Sale
    $675,000

    COMMERCIAL - Perth Amboy, NJ

    Property size:
    2,600 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $259/SF
    Added:
    Mar 5, 2026
    Days on Market:
    105
    Last Refresh:
    Jun 18 at 11:06 pm

    Property Features for 591 New Brunswick Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C-1
    Parking features
    On Street
    Standard status
    Active
    APN
    1600185000000020
    Size
    2,600 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    9390

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1925
    Floors in Building
    1
    Building materials
    Brick

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    Listing Contact
    Christopher Egri

    Listing agent Christopher Egri

    Listing office KELLER WILLIAMS ELITE REALTORS 481 MEMORIAL PARKWAY, Metuchen, NJ

    Listing date Mar 5, 2026

    MLS# 2611307R

    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.

    HighLights

    • Fully occupied building provides immediate and steady rental income.
    • Prime corner location in a highly visible and active Perth Amboy business corridor.
    • Excellent accessibility with quick connections to Route 440, NJ Turnpike, Garden State Parkway, Route 287, and Route 35.
    • Versatile commercial setup with one tenant operating a food service establishment and the other utilizing warehouse‑style operations.
    • Strong visibility, consistent traffic, and convenient on‑street parking.
    • Minutes from Perth Amboy train station, revitalized downtown, waterfront, and local hospital.

    Overview

    This fully occupied commercial building is a prime corner investment opportunity situated in a highly visible and active business corridor in Perth Amboy. Located at 591 New Brunswick Ave, the property offers immediate rental income in a strong commercial location. The property, totaling 2600 square feet on a lot of 0.0574 acres, is currently leased to two established businesses. One tenant operates a food service establishment, while the other utilizes its space for warehouse-style operations, creating a versatile commercial setup. Positioned on a prominent corner surrounded by other thriving businesses, the property benefits from strong visibility, consistent traffic, and convenient on-street parking. The location offers exceptional accessibility with quick connections to Route 440 providing direct access to Staten Island, as well as the New Jersey Turnpike, Garden State Parkway, Route 287, and Route 35. It is also just minutes from the Perth Amboy train station, the revitalized downtown area filled with shopping and restaurants, the beautiful waterfront, and the local hospital. The property is zoned C-1.

    Local Financial Insights For 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 $56.2k $21.60
    − Vacancy −$3.1k −$1.21
    EGI $53.0k $20.39
    − OpEx −$15.9k −$6.12
    NOI $37.1k $14.27
    2,600 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $530.2K
    $463.9K – $618.5K (±1% cap)
    NOI $37,111 @ 7.0% cap · market cap 5.50%
    Second Best
    Warehouse
    $506.2K
    $443.0K – $590.6K (±1% cap)
    NOI $35,437 @ 7.0% cap · market cap 5.25%
    Theoretical Best
    Office A
    $678.9K
    $594.1K – $792.1K (±1% cap)
    NOI $47,524 @ 7.0% cap · market cap 7.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Margarita's Deli Food Market

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Perth Amboy
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2839529
    Latitude
    40.5198985

    FAQs

    What type of property is this?
    Retail space - Fully occupied commercial building in Perth Amboy business corridor.
    Where is this retail space located?
    The property is located at 591 New Brunswick Avenue Perth Amboy, NJ.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: Fully occupied building provides immediate and steady rental income.; Prime corner location in a highly visible and active Perth Amboy business corridor.; Excellent accessibility with quick connections to Route 440, NJ Turnpike, Garden State Parkway, Route 287, and Route 35.
    More about this property
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