Office Unit in Brick
For Sale
Contact for pricing
655 Amboy Avenue, Perth Amboy, NJ 08861
Commercial Sale, Perth Amboy, NJ
Property Size220 SF
Lot Size0.13 Acres
Price / SF$4.55
Days on Market184
Property Features for 655 Amboy Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-1
Lot features
Commercial Area, Highway Commercial
Directions
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Standard status
Active
APN
1600275000000017
Size
220 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
6758
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1919
Floors in Building
1
Building materials
Brick, Vinyl Siding
Roof type
Composition
Listing Agency:
J.J. ELEK REALTY CO.
(732) 634-9100
Listed By:
Felix Santana
(908) 510-7909
Added: Apr 22
Changed: Oct 8
Last Checked: Oct 22 at 10:06AM
MLS# 2614471R
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.
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Investment Insights
Based on property information with market context.
This 220-square-foot office unit is part of a larger building constructed in 1919. The structure combines brick and vinyl siding and is topped by a composition roof. The unit is offered for sale and provides a small-format commercial footprint for office use.
The property is located at 655 Amboy Avenue in Perth Amboy, New Jersey, with on-site parking available for occupants and visitors. Public water and public sewer serve the property, while C-1 zoning supports its commercial setting. The individual-unit configuration offers a defined office space within an established building.
The property is located at 655 Amboy Avenue in Perth Amboy, New Jersey, with on-site parking available for occupants and visitors. Public water and public sewer serve the property, while C-1 zoning supports its commercial setting. The individual-unit configuration offers a defined office space within an established building.
Key Highlights
- 220 square feet of office space
- Individual unit within a larger building
- C‑1 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,366
Suggested Prices Based on Cap Rates
Cap Rate 5%
$67,320
$67.3K
Cap Rate 7%
$48,086
$48.1K
Cap Rate 9%
$37,400
$37.4K
Market Conditions
NOI Build-Up for 220 SF
Gross rent
$6.6K $30.00/SF
− Vacancy
−$2.1K −$9.60/SF
EGI
$4.5K $20.40/SF
− OpEx
−$1.1K −$5.10/SF
NOI
$3.4K $15.30/SF
Area
Middlesex County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$67,320
Cap Rate 7%
$48,086
Cap Rate 9%
$37,400
Alternative Uses
Best Use
Office B
$48.1K
$42.1K – $56.1K
NOI $3,366 @ 7.0% cap · market cap 336.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$57.4K
$50.3K – $67.0K
NOI $4,021 @ 7.0% cap · market cap 402.10%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,252
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Compact office space with on-site parking and C-1 zoning.
Where is this office unit located?
The property is located at 655 Amboy Avenue Perth Amboy, NJ.
What are key features of this property?
This property features: 220 square feet of office space; Individual unit within a larger building; C‑1 zoning
