South Amboy Commercial Building For
131 N Broadway, South Amboy, NJ 08879
- Added:
- Apr 8, 2025
- Days on Market:
- 418
- Last Refresh:
- May 30 at 6:06 pm
Property Features for 131 N Broadway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- 200
- Rooms
- Basement, Kitchen
- Parking features
- Garage
- Basement Y/N
- 1
- Standard status
- Active
- Size
- 7,668 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 9755
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Floors in Building
- 3
- Flooring type
- Tile
- Building materials
- Brick, Stucco
- Roof type
- Flat
- Architectural style
- Other
Listing agent Michael Dukhovny (718) 979-8000
Listing office UNITED NATIONAL REALTY GROUP INC 1682 VICTORY BLVD., STATEN ISLAND, NJ (718) 979-8000
Listing date Apr 8, 2025
MLS# 11470105
Listing URL
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.
HighLights
- Prime location next to the South Amboy train station, offering high visibility and accessibility.
- Large building size of almost 8000 sq ft, providing ample space for various uses.
- Ground floor already set up as a food establishment with sidewalk use.
- Two upper floors configured as open spaces with multiple bathrooms, offering flexibility.
- Features include an elevator, large basement, and heavy‑duty electrical systems.
- Priced under $240 per sq ft.
Overview
This commercial building, totaling almost 8000 square feet, is located in the heart of the South Amboy commercial district, adjacent to the South Amboy train station, providing accessibility and visibility. The property is surrounded by new developments and township improvements. The ground floor is configured as a food establishment with sidewalk access. The upper two floors are designed as open spaces, each with multiple bathrooms. The building includes an elevator, a large basement, sprinkler systems, and heavy-duty electrical systems. The property is zoned 200.
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 | $165.6k | $21.60 |
| − Vacancy | −$9.3k | −$1.21 |
| EGI | $156.4k | $20.39 |
| − OpEx | −$39.1k | −$5.10 |
| NOI | $117.3k | $15.29 |
7,668 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.68M
$1.47M – $1.96M
NOI $117,320 @ 7.0% cap · market cap 6.92%
Second Best
Specialty Retail
$1.68M
$1.47M – $1.95M
NOI $117,265 @ 7.0% cap · market cap 6.92%
Theoretical Best
Office A
$2.00M
$1.75M – $2.34M
NOI $140,159 @ 7.0% cap · market cap 8.27%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- South Amboy
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.280669
- Latitude
- 40.484509
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - 7668 SF commercial building in South Amboy's commercial district.
Where is this mixed-use property 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: Prime location next to the South Amboy train station, offering high visibility and accessibility.; Large building size of almost 8000 sq ft, providing ample space for various uses.; Ground floor already set up as a food establishment with sidewalk use.
