Four-Story Office
262 State Street, Perth Amboy, NJ 08861
For Sale
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Upper floors are occupied by a long-term county tenant, while the ground floor and lower level are vacant.
Property Size19,900 SF
Lot Size0.13 Acres
Price / SF$100.50
Days on Market49
Property Features for 262 State Street
General Information
Standard status
Size
Elevators
Lot size
Property subtype
Property Condition
Severity
Evidence
Financials
Cap Rate
Opportunity Zone
Additional Details
Public Transit
Tenant in Place
Property Use
Building Details
Buildings
Stories
Building Size
Listed By:
Cole Malinowski · License NJ #2331268
Source:
Crexi
Added: Sep 25
Changed: Nov 8
Last Checked: Nov 10 at 6:31AM
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 Cole Malinowski
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At 262 State Street, this office building has four stories above a lower level and approximately 19,900 square feet above grade on a 0.13-acre parcel. Floors two through four are leased to the Middlesex County Probation Division under a lease that runs through August 2027. The tenant has occupied the space for more than 20 years and pays its own electric and water service.
The approximately 4,975-square-foot ground floor is vacant and in good condition. Its layout includes perimeter offices, an open central area, a lobby entrance and elevator access. The roughly 5,000-square-foot lower level is also vacant and requires restoration following a pipe leak.
The property is in Downtown Perth Amboy, within Census Tract 49, a designated Qualified Opportunity Zone. It is a short walk from the Perth Amboy NJ Transit station and the Smith Street commercial corridor.
The approximately 4,975-square-foot ground floor is vacant and in good condition. Its layout includes perimeter offices, an open central area, a lobby entrance and elevator access. The roughly 5,000-square-foot lower level is also vacant and requires restoration following a pipe leak.
The property is in Downtown Perth Amboy, within Census Tract 49, a designated Qualified Opportunity Zone. It is a short walk from the Perth Amboy NJ Transit station and the Smith Street commercial corridor.
Key Highlights
- Approximately 19,900 SF above grade on a 0.13‑acre parcel
- Floors 2 through 4 leased to Middlesex County Probation Division through August 2027
- Tenant has occupied the upper floors for more than 20 years and pays its own electric and water
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,006
Businesses Nearby
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Business Placement
Demographics for 08861, NJ
58,039
Population
21,032
Households
2.8
Avg Household Size
35
Median Age
16%
College-Educated
70%
High-School Grad
5.1 sq mi
ZIP Area
11,380
Density / Sq Mi
$60,464
Median Household Income
$34,093
Median Earnings
$1,623
Median Rent
$340,900
Median Home Value
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Average Price Trend$/SF for Office buildings in Middlesex County, NJ
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Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Upper floors are occupied by a long-term county tenant, while the ground floor and lower level are vacant.
Where is this office building located?
The property is located at 262 State Street Perth Amboy, NJ.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Approximately 19,900 SF above grade on a 0.13‑acre parcel; Floors 2 through 4 leased to Middlesex County Probation Division through August 2027; Tenant has occupied the upper floors for more than 20 years and pays its own electric and water
