151 N Broadway, South Amboy, NJ 08879
Mixed-use property with commercial space and residential units in South Amboy.
- Added:
- May 9, 2025
- Days on Market:
- 401
- Last Refresh:
- Mar 16 at 9:08 am
Property Features for 151 N Broadway
General Information
- Standard status
- Active
- Size
- 2,124 SF
Building Details
- Year Built
- 1905
Listing agent RYAN TOOKER
Listing office C21 CHARLES SMITH AGENCY, INC
Listing date May 9, 2025
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of C21 CHARLES SMITH AGENCY, INC
HighLights
- Mixed‑use property in a prime North Broadway location, offering income potential.
- Renovated three‑bedroom apartment with a private, fenced yard and paver patio.
- Street‑level commercial space with high visibility, currently occupied and generating income.
- Vacant one‑bedroom apartment has central A/C, a private deck, and flexible layout.
- Full basement with finished rooms and a bathroom provides additional space.
- Conveniently located minutes from transportation, dining, and the waterfront.
Overview
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 | $45.9k | $21.60 |
| − Vacancy | −$2.6k | −$1.21 |
| EGI | $43.3k | $20.39 |
| − OpEx | −$13.0k | −$6.12 |
| NOI | $30.3k | $14.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- South Amboy
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.2814
- Latitude
- 40.4853