Auto Shop For
85 Smith Street Perth Amboy, NJ 08861
85 Smith Street, Perth Amboy, NJ, 08861
$999,999
For Sale
$999,999
3,200 SF auto shop available for purchase.
Property Size3,200 SF
Price / SF$312.50
Days on Market140
Property Features for 85 Smith Street
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1910
Listing Agency
J.J. ELEK REALTY CO.
(732) 634-9100
Listed by
JOSEPH DEVIZIO · License #0568876
Source
Corcoran
Added: Feb 27 Checked: Jul 17 at 3:58 am
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.
Investment Insights
Based on property information with market context.
This commercial property, suitable for auto shops, automotive businesses, and retail, offers 3,200 square feet of space. It is located in Perth Amboy, NJ.
Key Highlights
- 3,200 SF auto shop
- Available for purchase
- Year Built: 1910
Local 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 | $69.1k | $21.60 |
| − Vacancy | −$3.9k | −$1.21 |
| EGI | $65.2k | $20.39 |
| − OpEx | −$19.6k | −$6.12 |
| NOI | $45.7k | $14.27 |
3,200 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$652.5K
$570.9K – $761.2K
NOI $45,674 @ 7.0% cap · market cap 4.57%
Second Best
Industrial
$513.1K
$449.0K – $598.6K
NOI $35,918 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$835.6K
$731.1K – $974.9K
NOI $58,491 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Camen beauty & Aesthetic ...
Hair Salon
Stephanie Cresto Beauty ...
Hair Salon
Lourdes Hair Salon ...
Hair Salon
Similar For Sale Nearby
Similar Off Market Nearby
- Superior automotive & Truck Repair — 156 2nd St, Perth Amboy, NJ 08861
- Gonzales auto electric — 145 2nd St, Perth Amboy, NJ 08861
- Beato Auto Repair — 141 2nd St, Perth Amboy, NJ 08861
- Way To Success — 156 2nd St, Perth Amboy, NJ 08861
- Ortiz Towing & Auto Repair — 143 2nd St, Perth Amboy, NJ 08861
FAQs
What type of property is this?
Auto shop - 3,200 SF auto shop available for purchase.
Where is this auto shop located?
The property is located at 85 Smith Street Perth Amboy, NJ.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: 3,200 SF auto shop; Available for purchase; Year Built: 1910
