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    92 Washington St Perth Amboy, NJ 08861

    Sponsored
    For Sale
    $235,000

    1,624 sq ft lot, $235,000

    Property size:
    1,624 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional commercial land parcel, located at 92 Washington Street in Perth Amboy, New Jersey, presents a unique investment opportunity. The 1,624 square foot lot, encompassing 0.057 acres, is situated in a high-traffic area of Middlesex County, conveniently positioned near Perth Amboy Magnet School and major bus routes, ensuring consistent foot traffic. Built in 2005, this two-story property offers significant potential for development or redevelopment. The property's zoning and permitted uses should be independently verified. The asking price is $235,000. While the property currently has no structures, its prime location and proximity to residential areas and public transportation make it an attractive prospect for a variety of commercial ventures. The zip code is 08861. This is a rare opportunity to acquire a well-located commercial lot in a growing community. Serious inquiries are encouraged to explore the possibilities this property offers. Further due diligence is recommended to confirm all aspects of the property and its suitability for intended use.

    Property Features for 92 Washington St

    General Information

    Property type
    Land
    Square Feet
    1,624 SF

    Building Details

    Year Built
    2005
    Stories
    2

    HighLights

    • 1,624 sq ft commercial lot in Perth Amboy, NJ (08861).
    • Located at 92 Washington Street, in a high‑traffic area near Perth Amboy Magnet School and bus routes.
    • 0.057‑acre lot built in 2005, offering redevelopment potential.
    • Asking price: $235,000.
    • Zoning and permitted uses require independent verification.
    Property Profile Location Intelligence

    Current Use by Public Records

    San Ramon Grocery Grocery Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Perth Amboy
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2641847
    Latitude
    40.513358

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    FAQs

    What type of property is this?
    Land - 1,624 sq ft lot, $235,000
    Where is this land located?
    The property is located at 92 Washington St Perth Amboy, NJ.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: 1,624 sq ft commercial lot in Perth Amboy, NJ (08861).; Located at 92 Washington Street, in a high-traffic area near Perth Amboy Magnet School and bus routes.; 0.057-acre lot built in 2005, offering redevelopment potential.
    Request Owner's contact information
    92 Washington St Perth Amboy, NJ 08861
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    Perth Amboy, NJ 08861
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    92 Washington St Perth Amboy, NJ 08861
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