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Corner Commercial Investment Opportunity

591 New Brunswick Ave, Perth Amboy, NJ 08861

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For Sale

$699,000

Fully occupied building in active business corridor with steady income.

Property size:

2,600 SF

Lot size:

0.06 Acres

Price / SF:

$268/SF

HighLights

Fully occupied commercial building providing immediate rental income.
Prime corner location in a high‑traffic Perth Amboy business corridor.
Excellent accessibility to major roadways including Route 440, NJ Turnpike, Garden State Parkway, Route 287, and Route 35.
Leased to two established businesses with versatile food service and warehouse operations.
Close proximity to Perth Amboy train station, revitalized downtown, waterfront, and local hospital.
Strong visibility and convenient on‑street parking.

We can help!

Contact an agent

CHRISTOPHER EGRI

For Sale

$699,000

Fully occupied building in active business corridor with steady income.

Property size:

2,600 SF

Lot size:

0.06 Acres

Price / SF:

$268/SF

Added:: Mar 6, 2026
Days on Market:: 113
Last Refresh:: Mar 16 at 11:02 am

Property Features for 591 New Brunswick Ave

General Information

Standard status: Active
Size: 2,600 SF
Lot size: 0.06 Acres

Building Details

Year Built: 1925

We can help!

Contact an agent

CHRISTOPHER EGRI

Listing office KELLER WILLIAMS ELITE REALTORS

Listing date Mar 6, 2026

Source Corcoran

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 KELLER WILLIAMS ELITE REALTORS

HighLights

Fully occupied commercial building providing immediate rental income.
Prime corner location in a high‑traffic Perth Amboy business corridor.
Excellent accessibility to major roadways including Route 440, NJ Turnpike, Garden State Parkway, Route 287, and Route 35.
Leased to two established businesses with versatile food service and warehouse operations.
Close proximity to Perth Amboy train station, revitalized downtown, waterfront, and local hospital.
Strong visibility and convenient on‑street parking.

Overview

This fully occupied commercial building is located on a prominent corner in an active Perth Amboy business corridor. The property is currently leased to two established businesses. One tenant operates a food service establishment, while the other utilizes the space for warehouse-style operations. The location benefits from strong visibility, consistent traffic, and convenient on-street parking. It offers quick connections to Route 440, providing direct access to Staten Island, as well as the New Jersey Turnpike, Garden State Parkway, Route 287, and Route 35. It is also just minutes from the Perth Amboy train station, the revitalized downtown area filled with shopping and restaurants, the waterfront, and the local hospital. The property size is 2600 square feet.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$56.2k	$21.60
− Vacancy	−$3.1k	−$1.21
EGI	$53.0k	$20.39
− OpEx	−$13.3k	−$5.10
NOI	$39.8k	$15.29

2,600 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$568.0K

$497.0K – $662.7K (±1% cap)

NOI $39,761 @ 7.0% cap · market cap 5.69%

Second Best

Warehouse

$506.2K

$443.0K – $590.6K (±1% cap)

NOI $35,437 @ 7.0% cap · market cap 5.07%

Theoretical Best

Office A

$678.9K

$594.1K – $792.1K (±1% cap)

NOI $47,524 @ 7.0% cap · market cap 6.80%

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

Property Profile Location Intelligence

Current Use by Public Records

Margarita's Deli Food Market

Suggested Use

Location Insight

Map
Local Demand

City: Perth Amboy
County: Middlesex
State: New Jersey
Longitude: -74.28402
Latitude: 40.51992

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For sale
Mixed-use properties
NJ
Perth Amboy
08861
591 New Brunswick Ave

What type of property is this?

Mixed-use property - Fully occupied building in active business corridor with steady income.

Where is this mixed-use property located?

The property is located at 591 New Brunswick Ave Perth Amboy, NJ.

What is the asking price?

The asking price for this property is $699,000.

What are key features of this property?

This property features: Fully occupied commercial building providing immediate rental income.; Prime corner location in a high‑traffic Perth Amboy business corridor.; Excellent accessibility to major roadways including Route 440, NJ Turnpike, Garden State Parkway, Route 287, and Route 35.