Established Garage in Perth
For Sale
Under Contract
$685,000
805 S Amboy Avenue E, Perth Amboy, NJ 08861
COMMERCIAL - Perth Amboy, NJ
Property Size3,236 SF
Lot Size0.11 Acres
Price / SF$211.68
Days on Market891
Property Features for 805 S Amboy Avenue E
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-50
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
12
Parking features
Driveway
Interior features
Appliances, Refrigeration, Lighting Fixtures
Appliances
Appliances, Refrigeration, Range/Oven, Refrigerator
Lot features
Highway Location
Directions
GPS to 805 Amboy Avenue
Standard status
Active Under Contract
APN
16003780100001
Size
3,236 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2022
Tax Annual Amount
11664
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Wall Unit(s)
Water source
Public
Building Details
Year built
1930
Floors in Building
2
Number of units
1
Flooring type
Concrete, Wood, Lighting fixtures
Building materials
Brick
Roof type
Asphalt
Listing Agency:
J.J. ELEK REALTY CO.
(732) 634-9100
Listed By:
Jeffrey Steuber
(732) 596-2118
Added: Feb 21, 2024
Changed: Jul 18
Last Checked: Jul 31 at 1:06AM
MLS# 2408404R
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.
Investment Insights
Based on property information with market context.
This commercial property, located in Perth Amboy, New Jersey, has operated as a successful garage for over 25 years. The property includes a tenant on the upper level with a lease agreement in place until March 2025. The tenant's monthly rent is $1300, in addition to utilities. The property is zoned R-50 and has a lot size of 0.1148 acres. The building has a total area of 3236 square feet.
Key Highlights
- Upstairs tenant lease in place until March 2025; tenant pays $1,300 per month plus utilities
- Year built 1930 with brick construction
- Public water and public sewer
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.9k | $21.60 |
| − Vacancy | −$3.9k | −$1.21 |
| EGI | $66.0k | $20.39 |
| − OpEx | −$19.8k | −$6.12 |
| NOI | $46.2k | $14.27 |
3,236 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$659.8K
$577.4K – $769.8K
NOI $46,188 @ 7.0% cap · market cap 6.74%
Second Best
Industrial
$518.9K
$454.0K – $605.4K
NOI $36,322 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$845.0K
$739.4K – $985.8K
NOI $59,149 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
860
Businesses Nearby
85k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 69%
Dining 31%
QuickChek
Shops & Services
33,456 visits/mo
0.4 miles
Wendy's
Dining
26,087 visits/mo
0.4 miles
Bank of America
Shops & Services
13,126 visits/mo
0.5 miles
QuikStop
Shops & Services
6,749 visits/mo
0.1 miles
Speedway
Shops & Services
5,113 visits/mo
0.3 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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- J & R Auto Body Masters — 402 New Brunswick Ave, Perth Amboy, NJ 08861
Frequently Asked Questions
What type of property is this?
Auto shop - Operating garage with tenant in place until March 2025.
Where is this auto shop located?
The property is located at 805 S Amboy Avenue E Perth Amboy, NJ.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Upstairs tenant lease in place until March 2025; tenant pays $1,300 per month plus utilities; Year built 1930 with brick construction; Public water and public sewer
