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Mixed-Use Building with Retail Space
For Sale
$600,000

128 Broadway S, South Amboy, NJ 08879

Commercial Sale, South Amboy, NJ

Property Size2,484 SF
Lot Size0.07 Acres
Price / SF$241.55
Days on Market240

Property Features for 128 Broadway S

General Information

Property type Commercial Sale
Property subtype Other
Zoning B1
Parking features On Street
Lot features Near Train, Business District, Commercial Area
Directions South Broadway
Standard status Active
APN 2000044000000026
Size 2,484 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 6418

Utilities

Sewer type Public Sewer
Heating system Baseboard, Hot Water(Heating)
Water source Public

Amenities

private fenced yard

Building Details

Year built 1914
Floors in Building 2
Flooring type Tile - Ceramic, Laminate, Wood
Building materials Brick, Vinyl Siding
Roof type Asphalt
Listing Agency: FOX & FOXX REALTY, LLC
Listed By: Veronica Hary
Added: Mar 11 Changed: Oct 25 Last Checked: Nov 5 at 9:06AM
MLS# 2611097R

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1914, this 2484-square-foot mixed-use property combines a commercial storefront with an attached residential component. The retail area includes two rooms and a half bathroom, while the rear house provides five bedrooms, one full bathroom, and one half bathroom. A private fenced yard serves the residential portion. Brick and vinyl siding complement ceramic tile, laminate, and wood flooring. The building uses hot-water baseboard heating and has an asphalt roof.

The property occupies 0.0666 acres at 128 Broadway S in South Amboy, NJ. It is zoned B1 and connected to public water and public sewer, with on-street parking. The location is near a train station, ferry service with direct access to NYC, restaurants, shops, and highways. The property is fully rented.

Key Highlights

  • 2484 square feet on a 0.0666‑acre lot
  • Front retail area with 2 rooms and a half bathroom
  • Rear house includes 5 bedrooms, 1 full bathroom, and 1 half bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$38,199
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$763,980 $764.0K
Cap Rate 7%
$545,700 $545.7K
Cap Rate 9%
$424,433 $424.4K
Market Conditions
NOI Build-Up for 2,484 SF
Gross rent
$74.5K $30.00/SF
− Vacancy
−$5.1K −$2.04/SF
EGI
$69.5K $27.96/SF
− OpEx
−$31.3K −$12.58/SF
NOI
$38.2K $15.38/SF
Area
Middlesex County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$763,980
Cap Rate 7%
$545,700
Cap Rate 9%
$424,433

Alternative Uses

Best Use
Apartment 5plus
$545.7K
$477.5K – $636.7K (±1% cap)
NOI $38,199 @ 7.0% cap · market cap 6.37%
Second Best
Retail
$506.5K
$443.2K – $590.9K (±1% cap)
NOI $35,455 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$648.6K
$567.6K – $756.7K (±1% cap)
NOI $45,404 @ 7.0% cap · market cap 7.57%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Grocery & Convenience Store Parking Lot & Garage Hair Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

510
Businesses Nearby

Demographics for 08879, NJ

22,965
Population
9,737
Households
2.4
Avg Household Size
42
Median Age
32%
College-Educated
89%
High-School Grad
7.1 sq mi
ZIP Area
3,235
Density / Sq Mi
$98,000
Median Household Income
$57,998
Median Earnings
$1,633
Median Rent
$377,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use layout pairs a front retail space with a rear five-bedroom house and private fenced yard.
Where is this mixed-use property located?
The property is located at 128 Broadway S South Amboy, NJ.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 2484 square feet on a 0.0666‑acre lot; Front retail area with 2 rooms and a half bathroom; Rear house includes 5 bedrooms, 1 full bathroom, and 1 half bathroom
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