Mixed-Use Property with
165 N Broadway, South Amboy, NJ 08879
For Sale
New
$1,200,000
Two residential units each have two bedrooms; one spans multiple levels and includes 2.5 bathrooms.
Property Size4,200 SF
Price / SF$285.71
Days on Market6
Property Features for 165 N Broadway
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Mixed-Use Components
Additional Details
Multifamily Units
Building Details
Year Built
Listing Agency:
HALO REALTY
Listed By:
KLAUDIA PIOTROWICZ · License #1648941
(732) 997-9650
Source:
Actionplusrealty
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 8 at 4:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HALO REALTY
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Investment Insights
Based on property information with market context.
Built in 1940, this mixed-use property combines a commercial storefront with two two-bedroom apartments. One apartment is positioned above the storefront and the other behind it. One residence spans multiple levels, measures nearly 2,000 square feet, and has 2.5 bathrooms.
Bus, train, and ferry service, shopping, dining, houses of worship, and major highways are nearby.
Bus, train, and ferry service, shopping, dining, houses of worship, and major highways are nearby.
Key Highlights
- Commercial storefront with two two‑bedroom apartments
- Apartments are located above and behind the storefront
- One multi‑level apartment measures nearly 2,000 square feet and has 2.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,588
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,291,760
$1.3M
Cap Rate 7%
$922,686
$922.7K
Cap Rate 9%
$717,644
$717.6K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$126.0K $30.00/SF
− Vacancy
−$8.6K −$2.04/SF
EGI
$117.4K $27.96/SF
− OpEx
−$52.8K −$12.58/SF
NOI
$64.6K $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%
$1,291,760
Cap Rate 7%
$922,686
Cap Rate 9%
$717,644
Alternative Uses
Best Use
Apartment 5plus
$922.7K
$807.4K – $1.08M
NOI $64,588 @ 7.0% cap · market cap 5.38%
Second Best
Retail
$856.4K
$749.4K – $999.1K
NOI $59,948 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$1.10M
$959.6K – $1.28M
NOI $76,769 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
532
Businesses Nearby
Explore this area
Business Placement
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
$377,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Middlesex County, NJ
Properties on Market for Mixed-use properties in Middlesex County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two residential units each have two bedrooms; one spans multiple levels and includes 2.5 bathrooms.
Where is this mixed-use property located?
The property is located at 165 N Broadway South Amboy, NJ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Commercial storefront with two two‑bedroom apartments; Apartments are located above and behind the storefront; One multi‑level apartment measures nearly 2,000 square feet and has 2.5 bathrooms
