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A101-655 Amboy Ave, Perth Amboy, NJ 08861

Well-located office unit with utilities and parking included.

Property Size120 SF
Price / SF$5.83
Days on Market178

Property Features for A101-655 Amboy Ave

General Information

Standard status Active
Size 120 SF

Taxes and HOA fees

Annual Taxes $6,758
Listing Agency: J.J. ELEK REALTY CO.
Listed By: FELIX SANTANA · License #307182
Source: Exprealty
Added: Apr 22 Changed: Oct 2 Last Checked: Oct 16 at 1:38PM

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.

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Investment Insights

Based on property information with market context.

This listing is for an individual unit within a larger building. The property offers on-site parking. Rent includes CAM and all utilities. The unit is ideal for tenants seeking a well-located, low-maintenance space with added convenience. The property has a size of 120 square feet.

Key Highlights

  • Rent includes CAM and all utilities for simplified, predictable monthly expenses.
  • Well‑located space in a highly accessible location.
  • On‑site parking for occupants and visitors.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$1,836
Suggested Prices Based on Cap Rates
Cap Rate 5%
$36,720 $36.7K
Cap Rate 7%
$26,229 $26.2K
Cap Rate 9%
$20,400 $20.4K
Market Conditions
NOI Build-Up for 120 SF
Gross rent
$3.6K $30.00/SF
− Vacancy
−$1.2K −$9.60/SF
EGI
$2.4K $20.40/SF
− OpEx
−$612 −$5.10/SF
NOI
$1.8K $15.30/SF
Area
Middlesex County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$36,720
Cap Rate 7%
$26,229
Cap Rate 9%
$20,400

Alternative Uses

Best Use
Office B
$26.2K
$23.0K – $30.6K (±1% cap)
NOI $1,836 @ 7.0% cap · market cap 262.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$31.3K
$27.4K – $36.6K (±1% cap)
NOI $2,193 @ 7.0% cap · market cap 313.29%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Catering Service Garden Center (Bike/Boat/Book/etc) Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,444
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office units - Well-located office unit with utilities and parking included.
Where is this office units located?
The property is located at A101-655 Amboy Ave Perth Amboy, NJ.
What are key features of this property?
This property features: Rent includes CAM and all utilities for simplified, predictable monthly expenses.; Well‑located space in a highly accessible location.; On‑site parking for occupants and visitors.
More about this property
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