High-Visibility Commercial Space
For Sale
Contact for pricing
653 New Brunswick Ave, Perth Amboy, NJ 08861
Prime commercial space in high-traffic Perth Amboy location.
Property Size4,496 SF
Price / SF$0.50
Days on Market214
Property Features for 653 New Brunswick Ave
General Information
Standard status
Active
Size
4,496 SF
Taxes and HOA fees
Annual Taxes
$19,810
Listing Agency:
EXP REALTY, LLC
(866) 201-6210
Listed By:
ELBA I. LUPO · License #0015437
(201) 697-3844
Source:
Exprealty
Added: Mar 17
Changed: Oct 10
Last Checked: Oct 15 at 5:20AM
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 EXP REALTY, LLC
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Investment Insights
Based on property information with market context.
Located at 653 New Brunswick Ave in Perth Amboy, this commercial space offers high visibility and exposure. The property is suitable for retail, office, or service-based businesses. The location benefits from strong foot traffic and visibility from a busy roadway. The space is easily accessible to major routes and surrounding neighborhoods. The property has been completely remodeled.
Key Highlights
- High‑traffic location with incredible exposure
- Perfect for retail, office, or service‑based businesses
- Strong foot traffic and busy roadway visibility**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,173
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,283,460
$1.3M
Cap Rate 7%
$916,757
$916.8K
Cap Rate 9%
$713,033
$713.0K
Market Conditions
NOI Build-Up for 4,496 SF
Gross rent
$97.1K $21.60/SF
− Vacancy
−$5.4K −$1.21/SF
EGI
$91.7K $20.39/SF
− OpEx
−$27.5K −$6.12/SF
NOI
$64.2K $14.27/SF
Area
Middlesex County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,283,460
Cap Rate 7%
$916,757
Cap Rate 9%
$713,033
Alternative Uses
Best Use
Retail
$916.8K
$802.2K – $1.07M
NOI $64,173 @ 7.0% cap · market cap 2,852.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,180 @ 7.0% cap · market cap 3,652.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,137
Businesses Nearby
184k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 33%
Groceries 32%
Dining 30%
Electronics 5%
ShopRite
Groceries
59,276 visits/mo
0.4 miles
McDonald's
Dining
35,381 visits/mo
0.1 miles
Taco Bell
Dining
13,866 visits/mo
0.4 miles
Bank of America
Shops & Services
13,126 visits/mo
0.2 miles
Shell
Shops & Services
12,205 visits/mo
0.2 miles
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Prime commercial space in high-traffic Perth Amboy location.
Where is this retail space located?
The property is located at 653 New Brunswick Ave Perth Amboy, NJ.
What are key features of this property?
This property features: High‑traffic location with incredible exposure; Perfect for retail, office, or service‑based businesses; Strong foot traffic and busy roadway visibility**
