Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    503 Division St Perth Amboy, NJ 08861

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Warehouse Land: Build Your Business!

    Lot size:
    3,470 SF

    Property Features for 503 Division St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,470 SF

    Building Details

    Stories
    2

    Spaces For Lease

    at 503 Division St, Perth Amboy, NJ 08861 Contact us
    Unit 1

    $12 /Mo

    Size
    3,470 SF
    Contact us

    We can help!

    Listing Contact
    JOSEPH DEVIZIO
    JOSEPH DEVIZIO

    Listing Agency: J J Elek Realty Listing Agent: JOSEPH DEVIZIO

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 3,470 sq ft commercial land parcel, located at 503 Division Street #1, presents a unique investment opportunity. Zoned R-25, this single-tenant property boasts a 0.248 sq ft lot size and is ideally situated for convenient access to major highways. The existing two-story structure offers one suite and a single parking space. Its strategic location makes it perfect for a variety of businesses, particularly those in import/export or those serving blue-collar professionals such as electricians, plumbers, and general contractors. The property's APN is 160025200000001203. This is a rare chance to acquire a well-positioned commercial property with significant potential for growth and development. The existing building provides immediate use while offering the flexibility to expand or rebuild to suit your specific business needs. Don't miss this chance to establish your business in a high-traffic area with excellent accessibility. Act quickly to secure this prime commercial land.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    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
    -74.2666663
    Latitude
    40.5163446

    Nearby Similar for Lease

    • $3,838 /Mo
      7,675 SF

      Perth Amboy Flexible Use Space

      7675 SF flexible space suitable for warehousing, light industrial.
      224 Washington St, Perth Amboy, NJ 08861
      View Details
    • $5,000 /Mo

      Versatile Commercial Space, Perth Amboy

      Adaptable office/retail space with parking near major highways and businesses.
      100 W Pond Rd, Perth Amboy, NJ 08862
      View Details
    • $9 SF/Yr
      150,000 SF

      Perth Amboy Warehouse Space

      150,000 SF warehouse space near major highways.
      1 Buckingham Ave, Perth Amboy, NJ 08861
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space For Rent

      Retail space available for rent.
      101 New Brunswick Ave, Hopelawn, NJ 08861
      View Details
    • $2,399 /Mo

      Updated Second Floor Apartment

      Recently updated second-floor apartment available for rent.
      184 Meade St, Perth Amboy, NJ 08861
      View Details
    • Contact for pricing
      4,216 SF

      Retail Space on Lafayette Road

      Retail space available for lease in Fords, New Jersey.
      3-55 Lafayette Rd, Fords, NJ 08863
      View Details
    • Contact for pricing
      10,700 SF

      Industrial Space with Multiple Doors

      10,700 SF industrial space featuring 11 drive-in and dock doors.
      440 Florida Grove Rd, Perth Amboy, NJ 08861
      View Details
    • Contact for pricing
      4,500 SF

      Industrial Warehouse Space For Rent

      4,500 square foot industrial warehouse space available for lease.
      224 Market St, Perth Amboy, NJ 08861
      View Details

    FAQs

    What type of property is this?
    Land - Warehouse Land: Build Your Business!
    Where is this land located?
    The property is located at 503 Division St Perth Amboy, NJ.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 0.248-acre commercial land parcel.; Single-tenant commercial property.; 3,470 square foot building.
    (732) 634-9100 Call to check price and availability
    Request Owner's contact information
    503 Division St Perth Amboy, NJ 08861
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    503 Division St
    Perth Amboy, NJ 08861
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    503 Division St Perth Amboy, NJ 08861
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing JOSEPH DEVIZIO
    JOSEPH DEVIZIO
    (732) 634-9100
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!