303 Maple St, Unit 309 Perth Amboy, NJ 08861
Five-unit mixed-use building in downtown Perth Amboy, offering stable income.
Property size:
7,072 SFProperty Features for 303 Maple St
General Information
- Standard status
- Active
- Size
- 7,072 SF
Building Details
- Year built
- 1924
Source:
Corcoran
Listing Agency: TVERDOV HOUSING
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Mixed-Use Building in Opportunity Zone
Located in downtown Perth Amboy and situated in an Opportunity Zone, 303-309 Maple St is a 5-unit mixed-use building. The property features three commercial units with long-term leases, and two oversized 2-bedroom apartments. The building is close to shops, restaurants, the train station, and waterfront attractions. It is also near public transportation, major highways, and the business district. The property is well-maintained and has modern amenities. The building size is 7072 square feet. The annual rent is $136,260, with water, insurance, and maintenance costs totaling $15,000, resulting in a Net Operating Income (NOI) of $95,440, and a 6.54% cap rate. This property combines commercial tenants with residential units.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Pogo Inc
Employment Agency
Lyneer Staffing Solutions
Employment Agency
Mari Events
Event Planner
Location Insight
- Map
- Local Demand
- City
- Perth Amboy
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.272037
- Latitude
- 40.510161
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FAQs
What type of property is this?
Mixed-use property - Five-unit mixed-use building in downtown Perth Amboy, offering stable income.
Where is this mixed-use property located?
The property is located at 303 Maple St, Unit 309 Perth Amboy, NJ.
What is the asking price?
The asking price for this property is $1,460,000.
What are key features of this property?
This property features: - High Net Operating Income (NOI) of $95,440 and a 6.54% Cap Rate.; - Prime downtown Perth Amboy location near shops, restaurants, train, and waterfront.; - Situated in an Opportunity Zone, offering significant tax benefits.