Office Unit with
For Sale
Contact for pricing
D407-655 Amboy Ave, Perth Amboy, NJ 08861
Individual office accommodation within a larger building, with on-site parking and operating costs that include CAM and utilities.
Property Size220 SF
Price / SF$4.55
Days on Market178
Property Features for D407-655 Amboy Ave
General Information
Standard status
Active
Size
220 SF
Taxes and HOA fees
Annual Taxes
$6,758
Listing Agency:
J.J. ELEK REALTY CO.
(732) 634-9100
Listed By:
FELIX SANTANA · License #307182
(732) 596-2118
Source:
Exprealty
Added: Apr 22
Changed: Oct 6
Last Checked: Oct 16 at 11:47AM
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 offering comprises one office unit within a larger multi-unit building. The unit measures 220 square feet and is suited to occupants seeking a compact commercial workspace. On-site parking serves both occupants and visitors.
The stated rent includes CAM and all utilities, combining those operating expenses into the monthly occupancy cost. The property is located at D407-655 Amboy Ave in Perth Amboy, New Jersey.
The stated rent includes CAM and all utilities, combining those operating expenses into the monthly occupancy cost. The property is located at D407-655 Amboy Ave in Perth Amboy, New Jersey.
Key Highlights
- 220‑square‑foot office unit within a larger building
- On‑site parking for occupants and visitors
- Rent includes CAM and all utilities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,366
Suggested Prices Based on Cap Rates
Cap Rate 5%
$67,320
$67.3K
Cap Rate 7%
$48,086
$48.1K
Cap Rate 9%
$37,400
$37.4K
Market Conditions
NOI Build-Up for 220 SF
Gross rent
$6.6K $30.00/SF
− Vacancy
−$2.1K −$9.60/SF
EGI
$4.5K $20.40/SF
− OpEx
−$1.1K −$5.10/SF
NOI
$3.4K $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%
$67,320
Cap Rate 7%
$48,086
Cap Rate 9%
$37,400
Alternative Uses
Best Use
Office B
$48.1K
$42.1K – $56.1K
NOI $3,366 @ 7.0% cap · market cap 336.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$57.4K
$50.3K – $67.0K
NOI $4,021 @ 7.0% cap · market cap 402.10%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,444
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Individual office accommodation within a larger building, with on-site parking and operating costs that include CAM and utilities.
Where is this office units located?
The property is located at D407-655 Amboy Ave Perth Amboy, NJ.
What are key features of this property?
This property features: 220‑square‑foot office unit within a larger building; On‑site parking for occupants and visitors; Rent includes CAM and all utilities
