Two-Level Office
279 Amboy Ave Woodbridge, NJ 07095
279 Amboy Ave, Woodbridge, NJ, 07095
$490,000
For Sale
$490,000
Office building with three main-level offices, a reception area, and additional upper-level offices.
Property Size1,251 SF
Price / SF$391.69
Days on Market162
Property Features for 279 Amboy Ave
General Information
- Standard status
- Active
- Size
- 1,251 SF
Listing agency
COLDWELL BANKER REALTY
(732) 494-7700
Listed by
JENNIE M. ESPOSITO
Source
Exprealty
Added: Feb 11 Updated: Jul 22 at 4:07PM Checked: Jul 22 at 4:07PM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This two-level office building is currently configured as an attorney and accounting office. The main level includes three offices, an open and airy reception area, and a half bath. The upper level has two additional offices and a full bath.
A full basement with an outside exit provides additional flexible space, along with a side yard. The property also offers room to expand parking.
The building’s existing office layout includes dedicated office rooms on both levels, supported by reception and restroom facilities, plus the basement access from outside.
A full basement with an outside exit provides additional flexible space, along with a side yard. The property also offers room to expand parking.
The building’s existing office layout includes dedicated office rooms on both levels, supported by reception and restroom facilities, plus the basement access from outside.
Key Highlights
- Office building currently used as an attorney & accounting office
- Main level includes 3 offices, an open reception area, and a 1/2 bath
- Upper level offers 2 additional offices and a full bath
Local Financial Insights For Office B
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 | $37.5k | $30.00 |
| − Vacancy | −$12.0k | −$9.60 |
| EGI | $25.5k | $20.40 |
| − OpEx | −$6.4k | −$5.10 |
| NOI | $19.1k | $15.30 |
1,251 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$273.4K
$239.3K – $319.0K
NOI $19,140 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$326.7K
$285.8K – $381.1K
NOI $22,866 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Law Office of Steven ...
Law Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Office building with three main-level offices, a reception area, and additional upper-level offices.
Where is this office building located?
The property is located at 279 Amboy Ave Woodbridge, NJ.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Office building currently used as an attorney & accounting office; Main level includes 3 offices, an open reception area, and a 1/2 bath; Upper level offers 2 additional offices and a full bath
