Office Unit with Private
For Sale
Contact for pricing
655 Amboy Avenue D401, Perth Amboy, NJ 08861
Compact office unit with an interior bathroom and on-site parking.
Property Size320 SF
Price / SF$3.75
Days on Market68
Property Features for 655 Amboy Avenue D401
General Information
Standard status
Active
Size
320 SF
Amenities
on-site parking
Building Details
Year Built
1919
Listing Agency:
J.J. ELEK REALTY CO.
Listed By:
FELIX SANTANA · License #307182
(732) 634-9100
Source:
Luminancerealty
Added: Aug 10
Changed: Oct 12
Last Checked: Oct 5 at 10:46PM
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 J.J. ELEK REALTY CO.
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Investment Insights
Based on property information with market context.
This 320-square-foot office unit is located within a larger building and includes a private bathroom. The space offers a compact configuration for an office user seeking a defined, low-maintenance workplace.
On-site parking provides convenient access for occupants and visitors. The property is located at 655 Amboy Avenue in Perth Amboy, New Jersey. Rental terms include CAM and all utilities, providing a simplified occupancy structure for users leasing the unit.
On-site parking provides convenient access for occupants and visitors. The property is located at 655 Amboy Avenue in Perth Amboy, New Jersey. Rental terms include CAM and all utilities, providing a simplified occupancy structure for users leasing the unit.
Key Highlights
- 320‑square‑foot office unit within a larger building
- Private bathroom located inside the unit
- On‑site parking for occupants and visitors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,896
Suggested Prices Based on Cap Rates
Cap Rate 5%
$97,920
$97.9K
Cap Rate 7%
$69,943
$69.9K
Cap Rate 9%
$54,400
$54.4K
Market Conditions
NOI Build-Up for 320 SF
Gross rent
$9.6K $30.00/SF
− Vacancy
−$3.1K −$9.60/SF
EGI
$6.5K $20.40/SF
− OpEx
−$1.6K −$5.10/SF
NOI
$4.9K $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%
$97,920
Cap Rate 7%
$69,943
Cap Rate 9%
$54,400
Alternative Uses
Best Use
Office B
$69.9K
$61.2K – $81.6K
NOI $4,896 @ 7.0% cap · market cap 408.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$83.6K
$73.1K – $97.5K
NOI $5,849 @ 7.0% cap · market cap 487.42%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
860
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 units - Compact office unit with an interior bathroom and on-site parking.
Where is this office units located?
The property is located at 655 Amboy Avenue D401 Perth Amboy, NJ.
What are key features of this property?
This property features: 320‑square‑foot office unit within a larger building; Private bathroom located inside the unit; On‑site parking for occupants and visitors
