Mixed-Use Property with Office
For Sale
$1,799,000
676 Amboy Ave #676, Woodbridge, NJ 07095
Two buildings combine multi-tenant office space with a separate two-bedroom residence.
Property Size7,111 SF
Lot Size0.49 Acres
Price / SF$252.99
Days on Market183
Property Features for 676 Amboy Ave #676
General Information
Standard status
Active
Size
7,111 SF
Total Parking Spaces
25
Lot size
0.49 Acres
Property subtype
Commercial
Zoning
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Gross Income
$50,496
Land Use
commercial, residential
Building Details
Building Size
7,111 SF
Year Built
1964
Buildings
2
Stories
1
Units
7
Tenancy
Multi
Listing Agency:
Coldwell Banker Realty
(908) 233-5555
Listed By:
Alan A. Rasmussen
(908) 451-2844
Source:
Cammarotarealestate
Added: Apr 23
Changed: Oct 22
Last Checked: Oct 22 at 2:12PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
The property includes a 5,711-square-foot office building configured for multiple tenants and a separate residential house of approximately 1,400 square feet, with two bedrooms and one bathroom. The office has four central air-conditioning units, seven gas heating units, and nine bathrooms. A 25-space parking area serves the site, which totals 0.49 acre and carries Commercial zoning.
Frontage measures 160 feet along Amboy Avenue and 60 feet along St. Georges Avenue. Access connects the two streets, and the property is near Routes 1 and 9 and the Garden State Parkway. Five tenants occupy seven units across the property.
Frontage measures 160 feet along Amboy Avenue and 60 feet along St. Georges Avenue. Access connects the two streets, and the property is near Routes 1 and 9 and the Garden State Parkway. Five tenants occupy seven units across the property.
Key Highlights
- 0.49‑acre mixed‑use property with Commercial zoning
- 5,711‑square‑foot multi‑tenant office building and an approximately 1,400‑square‑foot residence
- Office building includes four central air‑conditioning units, seven gas heating units, and nine bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$108,798
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,175,960
$2.2M
Cap Rate 7%
$1,554,257
$1.6M
Cap Rate 9%
$1,208,867
$1.2M
Market Conditions
NOI Build-Up for 7,111 SF
Gross rent
$213.3K $30.00/SF
− Vacancy
−$68.3K −$9.60/SF
EGI
$145.1K $20.40/SF
− OpEx
−$36.3K −$5.10/SF
NOI
$108.8K $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%
$2,175,960
Cap Rate 7%
$1,554,257
Cap Rate 9%
$1,208,867
Alternative Uses
Best Use
Office B
$1.55M
$1.36M – $1.81M
NOI $108,798 @ 7.0% cap · market cap 6.05%
Second Best
Mixed Use
$879.0K
$769.1K – $1.03M
NOI $61,529 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$1.86M
$1.62M – $2.17M
NOI $129,978 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,236
Businesses Nearby
Explore this area
Business Placement
Demographics for 07095, NJ
19,839
Population
8,132
Households
2.4
Avg Household Size
39
Median Age
34%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
4,313
Density / Sq Mi
$99,718
Median Household Income
$56,988
Median Earnings
$2,077
Median Rent
$361,200
Median Home Value
Check the figures for this property
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?
Mixed-use property - Two buildings combine multi-tenant office space with a separate two-bedroom residence.
Where is this mixed-use property located?
The property is located at 676 Amboy Ave #676 Woodbridge, NJ.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: 0.49‑acre mixed‑use property with Commercial zoning; 5,711‑square‑foot multi‑tenant office building and an approximately 1,400‑square‑foot residence; Office building includes four central air‑conditioning units, seven gas heating units, and nine bathrooms
