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    428 Fayette St Perth Amboy, NJ 08861

    Sponsored
    For Lease
    $20 SF/Yr

    1,200 sq ft lot, single tenant.

    Lot size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional commercial land parcel, located at 428 SE Fayette Street, presents a unique investment opportunity. The property encompasses 1,200 square feet and is zoned R C, offering significant potential for various commercial ventures. Currently designated as single-tenant occupancy, this lot provides flexibility for a wide range of businesses. The property features a two-story structure, although the building's interior is not included in the sale and is considered to be in need of significant renovation or demolition. There are no parking spaces included on the property. Importantly, the tenant is responsible for all utilities, including electricity and gas, as well as insurance, maintenance, and garbage removal. This translates to minimal ongoing expenses for the property owner. The absence of existing building improvements allows for complete customization to suit a specific business plan. The property's APN is 16001060100012. This is a rare chance to acquire a strategically located commercial lot with the potential for substantial return on investment. Serious inquiries are encouraged.

    Property Features for 428 Fayette St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,200 SF

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Size
    1,200 SF
    Rate per SF
    $19

    HighLights

    • 1,200 sq. ft. commercial land parcel.
    • Single‑tenant property.
    • R‑C Zoning.
    • APN: 16001060100012.
    • Tenant pays utilities, insurance, maintenance, and garbage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tradex Wholesale Wholesale Market Distribuidora Cibao Corp. Food Products Supplier

    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
    -74.2803464
    Latitude
    40.5142514

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    FAQs

    What type of property is this?
    Land - 1,200 sq ft lot, single tenant.
    Where is this land located?
    The property is located at 428 Fayette St Perth Amboy, NJ.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: 1,200 sq. ft. commercial land parcel.; Single-tenant property.; R-C Zoning.
    Request Owner's contact information
    428 Fayette 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
    428 Fayette St Perth Amboy, NJ 08861
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