Multi-Level Mixed-Use
For Sale
$749,900
471 Lawrie Street, Perth Amboy, NJ 08861
Residential Income, Perth Amboy, NJ
Property Size4,200 SF
Lot Size0.06 Acres
Price / SF$175.79
Days on Market96
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Property Features for 471 Lawrie Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-25
Zoning description
Buyer Should Verify
Bedrooms
10
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 9, Bedroom 4, Basement, Bedroom 8, Bedroom 7, Bedroom 6, Bedroom 10, Bedroom 5
Interior features
Unit 1(2+ Baths, 4 Bedrooms), Unit 2(4 Bedrooms), Unit 3(4 Bedrooms)
Appliances
Water Heater(Gas), Water Heater
Subdivision
City/Perth Amboy
Lot features
Corner Lot, Level, Near Shopping
Elementary school district
Perth Amboy Ps
Middle school district
Perth Amboy Ps
High school district
Perth Amboy Ps
Standard status
Active
APN
1600201000000051
Size
4,266 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11400
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public
Building Details
Year built
1925
Floors in Building
3
Building materials
Vinyl Siding
Listing Agency:
REALTY MARK CENTRAL
(609) 716-8400
Listed By:
Jaiminkumar Patel
(732) 266-4086
Added: Jul 12
Changed: Oct 11
Last Checked: Oct 15 at 5:06PM
MLS# 2770041M
Copyright © 2026 All Jersey 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.
At 471 Lawrie Street, this 1925 mixed-use property contains 4,266 square feet across multiple levels on a 0.0574-acre lot. The interior information identifies three residential unit layouts: one with four bedrooms and more than two baths, and two with four bedrooms each. The exterior is vinyl siding, with baseboard heating, public water, and public sewer. The property is being sold as-is.
Shopping, restaurants, major highways, public transportation, and the Perth Amboy waterfront are nearby. The property is in Perth Amboy, New Jersey.
Shopping, restaurants, major highways, public transportation, and the Perth Amboy waterfront are nearby. The property is in Perth Amboy, New Jersey.
Key Highlights
- 4,266 square feet of interior space on a 0.0574‑acre lot
- Three listed residential layouts: one four‑bedroom unit with 2+ baths and two four‑bedroom units
- Built in 1925 with vinyl siding and baseboard heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,270
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,305,400
$1.3M
Cap Rate 7%
$932,429
$932.4K
Cap Rate 9%
$725,222
$725.2K
Market Conditions
NOI Build-Up for 4,266 SF
Gross rent
$128.0K $30.00/SF
− Vacancy
−$41.0K −$9.60/SF
EGI
$87.0K $20.40/SF
− OpEx
−$21.8K −$5.10/SF
NOI
$65.3K $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 Rate 5%
$1,305,400
Cap Rate 7%
$932,429
Cap Rate 9%
$725,222
Alternative Uses
Best Use
Office B
$932.4K
$815.9K – $1.09M
NOI $65,270 @ 7.0% cap · market cap 8.70%
Second Best
Mixed Use
$527.3K
$461.4K – $615.2K
NOI $36,912 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$1.11M
$974.7K – $1.30M
NOI $77,976 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,503
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential layouts and office use occupy a multi-level building on a compact urban parcel.
Where is this mixed-use property located?
The property is located at 471 Lawrie Street Perth Amboy, NJ.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: 4,266 square feet of interior space on a 0.0574‑acre lot; Three listed residential layouts: one four‑bedroom unit with 2+ baths and two four‑bedroom units; Built in 1925 with vinyl siding and baseboard heating
