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Mixed-Use Live/Work Building

471 Lawrie Street Perth Amboy, NJ 08861

New
471 Lawrie Street, Perth Amboy, NJ, 08861
$749,900
For Sale
Claim this Listing
$749,900

MULTI_FAMILY - Perth Amboy, NJ

Property Size4,266 SF
Lot Size0.06 Acres
Price / SF$175.79
AddedJul 12
Days on Market5
Last RefreshJul 16 at 11:06 am

Property Features for 471 Lawrie Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-25
Bedrooms
10
Bathrooms
3
Rooms
Bedroom 1, Bedroom 9, Bathroom 3, Bedroom 8, Bedroom 7, Bedroom 4, Bathroom 1, Basement, Bedroom 10, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 6, Bedroom 5
Interior features
Unit 1(2+ Baths, 4 Bedrooms), Unit 2(4 Bedrooms), Unit 3(4 Bedrooms)
Appliances
Water Heater(Gas), Water Heater
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 agent Jaiminkumar Patel

Listing office REALTY MARK CENTRAL 163 CRANBURY RD, STE 100, Princeton Junction, NJ

Listing date Jul 12, 2026

MLS# 2770041M Listing URL

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.

This mixed-use live/work building offers multiple levels and approximately 4,266 square feet of interior space. The property is configured to combine residential and office use under its existing setup, providing flexibility for an owner-occupant or investor. The sale is being offered as-is, and buyers are responsible for their own due diligence regarding zoning, permitted uses, and any approvals that may be required for future redevelopment or conversion.

The property is located in Perth Amboy, Middlesex County, NJ. Public remarks indicate convenient access to shopping, restaurants, major highways, public transportation, and the Perth Amboy waterfront.

The property is currently zoned R-25 for single-family residential with office use. The existing layout and multiple levels may support different approaches subject to all required municipal approvals and permits.

Key Highlights

  • Mixed‑use property built in 1925 with over 4,200 SF of interior space
  • Unit‑style layout includes Unit 1 with 4 bedrooms and Unit 2 and Unit 3 with 4 bedrooms each
  • Property has public water and public sewer connections

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 $128.0k $30.00
− Vacancy −$41.0k −$9.60
EGI $87.0k $20.40
− OpEx −$21.8k −$5.10
NOI $65.3k $15.30
4,266 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$932.4K
$815.9K – $1.09M (±1% cap)
NOI $65,270 @ 7.0% cap · market cap 8.70%
Second Best
Mixed Use
$527.3K
$461.4K – $615.2K (±1% cap)
NOI $36,912 @ 7.0% cap · market cap 4.92%
Theoretical Best
Office A
$1.11M
$974.7K – $1.30M (±1% cap)
NOI $77,976 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Live-work space

Suggested Use

Real Estate Agency Skin Care Clinic Locksmith Catering Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Garden Center Tattoo & Piercing Shop Acupuncture Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Live-work space - Mixed-use building with multiple levels, currently zoned for single-family residential with office use, and sold as-is.
Where is this live-work space 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: Mixed‑use property built in 1925 with over 4,200 SF of interior space; Unit‑style layout includes Unit 1 with 4 bedrooms and Unit 2 and Unit 3 with 4 bedrooms each; Property has public water and public sewer connections
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