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    Mixed-Use Building in South Amboy Title is generated by Realmo AI

    513 S Pine Ave, South Amboy, NJ

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    2,450 SF building with retail and apartment space for sale.

    Type:RETAIL
    Property size:
    2,450 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $265/SF
    Added:
    Aug 28, 2025
    Days on Market:
    289
    Last Refresh:
    May 20 at 8:30 pm

    Property Features for 513 S Pine Ave

    General Information

    Standard status
    Active
    Size
    2,450 SF
    Lot size
    0.15 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Charles T. Kavanagh
    Charles T. Kavanagh

    Listing agent Charles T. Kavanagh License #7850556

    Listing office The Blau & Berg Company

    Listing date Aug 28, 2025

    Source Moodyscre

    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 The Blau & Berg Company

    HighLights

    • Mixed‑use property with barber shop, vacant delicatessen space, and apartment offering diverse income potential.
    • Total building size of ±2,450 SF provides ample space.
    • Includes a ±1,000 SF apartment on the 2nd floor.
    • Located on a 50' x 125' lot (±0.14 AC).
    • Zoned R‑7, allowing for residential and potentially other compatible uses.
    • Existing barber shop (±450 SF) provides immediate income.

    Overview

    This mixed-use building offers approximately 2,450 square feet of space. The first floor features a barber shop occupying approximately 450 square feet and a vacant former delicatessen space of approximately 1,000 square feet. The second floor contains an apartment with approximately 1,000 square feet. The property is situated on a lot of approximately 0.14 acres (Block 504, Lot 512) with dimensions of 50 feet by 125 feet. The zoning is R-7. Taxes for 2024 were $9,901.25. Located in South Amboy, NJ.

    Local Financial Insights For Apartment 5plus

    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 $73.5k $30.00
    − Vacancy −$5.0k −$2.04
    EGI $68.5k $27.96
    − OpEx −$30.8k −$12.58
    NOI $37.7k $15.38
    2,450 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $538.2K
    $471.0K – $627.9K (±1% cap)
    NOI $37,676 @ 7.0% cap · market cap 5.80%
    Second Best
    Retail
    $499.6K
    $437.1K – $582.8K (±1% cap)
    NOI $34,970 @ 7.0% cap · market cap 5.38%
    Theoretical Best
    Office A
    $639.7K
    $559.8K – $746.4K (±1% cap)
    NOI $44,782 @ 7.0% cap · market cap 6.89%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    South Amboy
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2767
    Latitude
    40.4681

    FAQs

    What type of property is this?
    Retail space - 2,450 SF building with retail and apartment space for sale.
    Where is this retail space located?
    The property is located at 513 S Pine Ave South Amboy, NJ.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Mixed‑use property with barber shop, vacant delicatessen space, and apartment offering diverse income potential.; Total building size of ±2,450 SF provides ample space.; Includes a ±1,000 SF apartment on the 2nd floor.
    (908) 209-8118 Call to check price and availability
    More about this property
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