Search
Two-Unit Office Building with Yard
For Sale
$575,000

305 Amboy Avenue, Woodbridge, NJ 07095

COMMERCIAL - Woodbridge, NJ

Property Size1,500 SF
Lot Size0.12 Acres
Price / SF$383.33
Days on Market175

Property Features for 305 Amboy Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Conforming Use, Commercial
Rooms Basement
Parking features Parking Lot, Paved or Surfaced, Open, Off Street
Exterior features Display Window, Outdoor Shower
Fencing Fenced
Basement Finished, Full
Lot features Level, Fenced/ Enclosed Area, Highway Frontage, Sidewalks
Directions Rt 35 South (Amboy Ave) property on Right. Coming North from South Amboy the property will be on the left.
Standard status Active
APN 25-00273-0000-00010
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7413

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1950
Floors in Building 2
Flooring type Vinyl, Concrete
Building materials Block, Brick, Concrete
Roof type Flat
Listing Agency: Realty One Group Emerge
Listed By: Dominick Leone
Added: Feb 22 Changed: Aug 7 Last Checked: Aug 16 at 9:06PM
MLS# 22604750

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

305 Amboy Avenue, Woodbridge, NJ 07095 presents a two-unit office building configured for separate operations, with private street-level access for each unit. The property includes two 750 SF office units, for a total of 1,500 SF, along with a basement. The exterior is supported by a paved off-street open parking lot and a fenced yard that can accommodate larger parking needs or secure equipment storage.

Visibility is supported by Rt. 35 highway frontage and a commercial setting within the Woodbridge Township business district. Outdoor features include a display window and an outdoor shower. Construction consists of block, brick, and concrete, with a flat roof. Inside, flooring includes concrete and vinyl, with forced air heating and central air cooling.

Served by public water and public sewer, the property was built in 1950 and offers practical site and utility fundamentals for office users seeking flexible, independently accessed space with yard and parking support.

Key Highlights

  • 0.12‑acre lot with fenced yard for parking or secure equipment storage
  • Two 750 SF office units with private street‑level access for separate entities
  • 1,500 total SF (2 units)

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,950
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.99%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$459,000 $459.0K
Cap Rate 7%
$327,857 $327.9K
Cap Rate 9%
$255,000 $255.0K
Market Conditions
NOI Build-Up for 1,500 SF 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.
Gross rent
$45.0K $30.00/SF
− Vacancy
−$14.4K −$9.60/SF
EGI
$30.6K $20.40/SF
− OpEx
−$7.7K −$5.10/SF
NOI
$23.0K $15.30/SF
Area
Middlesex County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$459,000
Cap Rate 7%
$327,857
Cap Rate 9%
$255,000

Alternative Uses

Best Use
Office B
$327.9K
$286.9K – $382.5K (±1% cap)
NOI $22,950 @ 7.0% cap · market cap 3.99%
Second Best
no second resolved use
Theoretical Best
Office A
$391.7K
$342.7K – $457.0K (±1% cap)
NOI $27,418 @ 7.0% cap · market cap 4.77%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Home Appliance Store (Bike/Boat/Book/etc) Store Nursing Home Catering Service Pet Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,083
Businesses Nearby

Demographics for 07095, NJ

19,839
Population
8,132
Households
2.4
Avg Household Size
39
Median Age
34%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
4,313
Density / Sq Mi
$99,718
Median Household Income
$56,988
Median Earnings
$2,077
Median Rent
$361,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Two street-level office units with private access, a fenced yard for parking or storage, and central air.
Where is this office units located?
The property is located at 305 Amboy Avenue Woodbridge, NJ.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 0.12‑acre lot with fenced yard for parking or secure equipment storage; Two 750 SF office units with private street‑level access for separate entities; 1,500 total SF (2 units)
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message