Office Unit with On-Site
For Sale
Contact for pricing
655 Amboy Avenue D407, Perth Amboy, NJ 08861
Individual office space within a larger building, with parking and utilities included in rent.
Property Size220 SF
Price / SF$4.55
Days on Market70
Property Features for 655 Amboy Avenue D407
General Information
Standard status
Active
Size
220 SF
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 8
Changed: Oct 11
Last Checked: Oct 5 at 11:15PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This individual office unit is located within a larger building at 655 Amboy Avenue in Perth Amboy, New Jersey. The property was built in 1919, and the unit measures 220 square feet.
On-site parking provides access for occupants and visitors. Rent includes CAM and all utilities, creating a simplified occupancy arrangement for users seeking a low-maintenance office setting.
On-site parking provides access for occupants and visitors. Rent includes CAM and all utilities, creating a simplified occupancy arrangement for users seeking a low-maintenance office setting.
Key Highlights
- Individual 220‑square‑foot office unit within a larger building
- On‑site parking available for occupants and visitors
- Rent includes CAM and all utilities
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
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 - Individual office space within a larger building, with parking and utilities included in rent.
Where is this office units located?
The property is located at 655 Amboy Avenue D407 Perth Amboy, NJ.
What are key features of this property?
This property features: Individual 220‑square‑foot office unit within a larger building; On‑site parking available for occupants and visitors; Rent includes CAM and all utilities
