513 S Pine Ave, South Amboy, NJ
2,450 SF building with retail and apartment space for sale.
- 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
Listing agent Charles T. Kavanagh License #7850556 (908) 209-8118
Listing office The Blau & Berg Company (908) 209-8118
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- South Amboy
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.2767
- Latitude
- 40.4681