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    224 Smith St Perth Amboy, NJ 08861

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    For Sale
    $8,800,000

    Retail and light manufacturing space, 22 miles from Port Newark/Elizabeth.

    Property size:
    57,685 SF
    Lot size:
    0.32 Acres

    Property Features for 224 Smith St

    General Information

    Size
    57,685 SF
    Lot size
    0.32 Acres

    Source: Marcus & Millichap | New Jersey Agent Scott Geller

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Story Retail and Manufacturing Space

    This property features ground floor retail space beneath a multi-story industrial and light manufacturing structure. The property is located within an Opportunity Zone and is situated 22 miles from Port Newark/Elizabeth. The property offers a total size of 57685 square feet and is suitable for manufacturing, industrial, and retail purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    TRTC Testosterone Replacement ... Health Counselor Magdady Super Store Wholesaler Elwir's Furniture Furniture Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    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
    -74.2724628
    Latitude
    40.5099708

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    FAQs

    What type of property is this?
    Manufacturing property - Retail and light manufacturing space, 22 miles from Port Newark/Elizabeth.
    Where is this manufacturing property located?
    The property is located at 224 Smith St Perth Amboy, NJ.
    What is the asking price?
    The asking price for this property is $8,800,000.
    What are key features of this property?
    This property features: - Ground floor retail space available.; - Located in an opportunity zone.; - Suitable for industrial/light manufacturing.
    (201) 742-6100
    Request Owner's contact information
    224 Smith St Perth Amboy, NJ 08861
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    Perth Amboy, NJ 08861
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    224 Smith St Perth Amboy, NJ 08861
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