Duplex with Private
233-235 Augusta Street, South Amboy, NJ 08879
For Sale
$599,900
Pending
Each residence has a full basement, while the property sits less than half a mile from NJ Transit.
Property Size2,020 SF
Days on Market8
Property Features for 233-235 Augusta Street
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
private fenced backyard
full basement
Full,None,Storage Space,Tenant Use,Interior Entry
Unit 1 Carpet,Unit 2 Carpet
true
2
Unit 1(2 Bedrooms,Kitchen,1 Bath,Living Room),Unit 2(Dining Room,3 Bedrooms,Kitchen,Laundry Hookup,1 Bath,Living Room)
Near Train,See Remarks
Public
100.55 x 35.53
Deck,Storage Shed,Porch
2020
Building Details
Building Size
Buildings
Stories
Listing Agency:
(848) 283-5624
Listed By:
Veronica Dominguez
Source:
Moveritenow
Added: Nov 5
Changed: Nov 9
Last Checked: Nov 11 at 7:04PM
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 Veronica Dominguez
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Investment Insights
Based on property information with market context.
This 2,020-square-foot duplex contains two residences. One offers two bedrooms, a kitchen, a full bath and a living room; the other has three bedrooms, a kitchen, a full bath, a living room, a dining room and laundry hookups. Both units have kitchen and flooring updates. Full basements provide storage, and each side has a private, fenced backyard. Exterior features also include a porch, deck and storage shed.
Located on Augusta Street in South Amboy, the property is less than half a mile from NJ Transit. The street is described as quiet.
Located on Augusta Street in South Amboy, the property is less than half a mile from NJ Transit. The street is described as quiet.
Key Highlights
- Two‑unit duplex with 2,020 square feet
- Unit 1 has 2 bedrooms; Unit 2 has 3 bedrooms
- Both residences include a kitchen, full bath and living room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,807
Cap Rate
5.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$676,140
$676.1K
Cap Rate 7%
$482,957
$483.0K
Cap Rate 9%
$375,633
$375.6K
Market Conditions
NOI Build-Up for 2,020 SF
Gross rent
$51.6K $25.56/SF
− Vacancy
−$3.3K −$1.65/SF
EGI
$48.3K $23.91/SF
− OpEx
−$14.5K −$7.17/SF
NOI
$33.8K $16.74/SF
Area
Middlesex County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$676,140
Cap Rate 7%
$482,957
Cap Rate 9%
$375,633
Alternative Uses
Best Use
Multifamily LT 5
$483.0K
$422.6K – $563.5K
NOI $33,807 @ 7.0% cap · market cap 5.64%
Second Best
Apartment 5plus
$443.8K
$388.3K – $517.7K
NOI $31,064 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$527.5K
$461.5K – $615.4K
NOI $36,922 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
588
Businesses Nearby
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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 Duplexes in Middlesex County, NJ
Properties on Market for Duplexes in Middlesex County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a full basement, while the property sits less than half a mile from NJ Transit.
Where is this duplex located?
The property is located at 233-235 Augusta Street South Amboy, NJ.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,020 square feet; Unit 1 has 2 bedrooms; Unit 2 has 3 bedrooms; Both residences include a kitchen, full bath and living room
