131 N Broadway South Amboy, NJ 08879
COMMERCIAL - South Anboy, NJ
Property Features for 131 N Broadway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 9755
Utilities
- Heating system
- Natural Gas, Forced Air
Building Details
- Floors in Building
- 3
- Flooring type
- Tile
- Building materials
- Stucco, Brick
- Roof type
- Flat
Listing agent Michael Dukhovny
Listing office UNITED NATIONAL REALTY GROUP INC 1682 VICTORY BLVD., STATEN ISLAND, NJ (718) 979-8000
Listing date Apr 8, 2025
Copyright © 2026 My State 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.
Located in the heart of the South Amboy commercial district, the building sits right next to the South Amboy train station, providing convenient transit access and visibility supported by pedestrian foot traffic.
The layout suits an owner-operator looking to run a restaurant on the ground level while using the upper floors for office or other workspace needs. It also offers flexibility for investors or buyers interested in separating operations by floor, with built-in bathroom capacity throughout the upper suites and the benefit of elevator service for tenant and customer access.
Key Highlights
- Almost 8,000 SF commercial building in South Amboy’s commercial district
- Ground floor set up as a food establishment with sidewalk use
- Upper two floors feature open spaces with multiple bathrooms in each space
Local 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 |
