Mixed-Use Restaurant and Office
131 N Broadway South Amboy, NJ 08879
For Sale
$1,695,000
COMMERCIAL - South Amboy City, NJ
Property Size8,000 SF
Price / SF$211.88
Days on Market478
Property Features for 131 N Broadway
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
On Street
Interior features
Handicapped
Basement
Full, Partially Finished
Accessibility
Accessible Approach with Ramp
Standard status
Active
APN
47-5
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
9755
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
3
Flooring type
Tile, Concrete
Building materials
Brick, Stucco
Roof type
Flat
Listing Agency:
United National Realty
(732) 962-9005
Listed By:
Michael Dukhovny
(732) 962-9005
Added: Apr 8, 2025
Changed: Jul 11
Last Checked: Jul 29 at 1:06PM
MLS# 22510072
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use building includes a ground-floor food establishment with sidewalk use, while the upper two floors are configured as open office spaces with multiple bathrooms in each area. The property also features an elevator, a large basement, sprinkler systems, and heavy-duty electrical systems.
Located in the South Amboy commercial district and right next to the train station, the building offers convenient access and visibility supported by foot traffic.
With its combination of restaurant setup below and flexible open space above, the building provides a straightforward layout for users or ownership scenarios that benefit from both street-level activity and separate upper-floor work areas.
Located in the South Amboy commercial district and right next to the train station, the building offers convenient access and visibility supported by foot traffic.
With its combination of restaurant setup below and flexible open space above, the building provides a straightforward layout for users or ownership scenarios that benefit from both street-level activity and separate upper-floor work areas.
Key Highlights
- Almost 8,000 SF brick and stucco building in the South Amboy commercial district
- Ground floor set up as a food establishment with sidewalk use; upper 2 floors offer open spaces with multiple bathrooms
- Right next to the South Amboy train station, providing access with nearby foot traffic
Financial Insights For Specialty 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 | $172.8k | $21.60 |
| − Vacancy | −$9.7k | −$1.21 |
| EGI | $163.1k | $20.39 |
| − OpEx | −$40.8k | −$5.10 |
| NOI | $122.3k | $15.29 |
8,000 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.75M
$1.53M – $2.04M
NOI $122,400 @ 7.0% cap · market cap 7.22%
Second Best
Specialty Retail
$1.75M
$1.53M – $2.04M
NOI $122,342 @ 7.0% cap · market cap 7.22%
Theoretical Best
Office A
$2.09M
$1.83M – $2.44M
NOI $146,227 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Ground-floor food establishment with sidewalk use, plus upper open office spaces with multiple bathrooms.
Where is this conventional restaurant located?
The property is located at 131 N Broadway South Amboy, NJ.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Almost 8,000 SF brick and stucco building in the South Amboy commercial district; Ground floor set up as a food establishment with sidewalk use; upper 2 floors offer open spaces with multiple bathrooms; Right next to the South Amboy train station, providing access with nearby foot traffic
