Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    960 Rte 9 South Amboy, NJ 08879
    Property profile & analytics

    960 Rte 9, South Amboy, NJ 08879

    View on Map
    • Neighborhood centers
    • 82,500 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 960 Rte 9

    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    Sayreville Plaza, a prime retail strip center located at 960 Route 9 South in South Amboy, New Jersey (08879), offers exceptional opportunities for businesses seeking high visibility and convenient access. This Middlesex County property boasts a total of 82,500 square feet, encompassing six suites. Currently, there are 28,362 square feet of vacant space available, divisible into units ranging from a minimum of 1,700 square feet to a maximum contiguous space of 8,422 square feet. Five spaces are currently available for lease. The property features ample parking with 390 spaces to accommodate customers and employees. Its strategic location on Route 9 ensures high traffic volume and excellent exposure for tenants. One of the available spaces is a fully equipped hair salon, presenting a turnkey opportunity for a beauty professional. This property is ideal for a variety of retail businesses seeking a prominent location in a thriving area. The property's size and layout offer flexibility for various business needs, making it an attractive investment opportunity. Contact us today to learn more about leasing options and explore the potential of this exceptional retail space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    South Amboy
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2974
    Latitude
    40.4632

    Comparable in this City

    • Value Estimation by Request
      2,450 SF

      513 Pine Ave

      Individual retail properties
      513 Pine Ave, South Amboy, NJ 08879
      View Details
    • Value Estimation by Request

      Confidential Ave

      Retail properties & Spaces
      0 Confidential Ave, South Amboy, NJ 08879
      View Details
    • Value Estimation by Request
      5,000 SF

      6056 Nj-35

      Automotive properties
      6056 Nj-35, South Amboy, NJ 08879
      View Details
    • Value Estimation by Request

      1816 Rt 35

      Retail properties & Spaces
      1816 Rt 35, Sayreville, NJ 08879
      View Details
    • Value Estimation by Request
      7,904 SF

      1009 Us Hwy 9th 9

      FINANCIAL BUILDING
      1009 Us Hwy 9th 9, South Amboy, NJ 08879
      View Details
    • Value Estimation by Request
      8,000 SF

      715 Laurence Pkwy

      GROCERY, SUPERMARKET
      715 Laurence Pkwy, South Amboy, NJ 08879-2713
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,124 SF

      Mixed-Use Property on North Broadway

      Mixed-use property with commercial space and residential units in South Amboy.
      151 N Broadway, South Amboy, NJ 08879
      View Details
    • Contact for pricing
      2,450 SF

      Mixed-Use Building in South Amboy

      2,450 SF building with retail and apartment space for sale.
      513 S Pine Ave, South Amboy, NJ 08879
      View Details
    • $1,999,999
      4,680 SF

      Mixed-Use Property with Tavern

      Mixed-use property featuring a tavern and three leased apartments.
      400 S Pine Ave, South Amboy, NJ 08879
      View Details
    • Contact for pricing

      Turnkey Deli in South Amboy

      Well-established deli with loyal customer base, prime location.
      101 N Stevens Ave, South Amboy, NJ 08879
      View Details
    • $325,000

      South Amboy Deli - Turnkey Business

      Established Deli, High-Traffic Location
      0 Confidential Ave, South Amboy, NJ 08879
      View Details
    • $999,999

      3.6 Acres Prime Development Opportunity

      3.6-acre property approved for multiple uses near Route 35.
      1200 Ernston Rd, South Amboy, NJ 08879
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,700 SF

      Equipped Hair Salon in Amboy

      Move-in ready hair salon in a highly visible strip center.
      960 Us Highway 9, South Amboy, NJ 08879
      View Details
    • Contact for pricing
      9,900 SF

      Retail Space on State Route

      9,900 SF retail space available for rent.
      1803 State Route 35, South Amboy, NJ 08879
      View Details
    • $3,500 /Mo

      Retail/Office Space in South Amboy

      Retail/office spaces available in Central Jersey, South Pine Strip Center.
      341 S Pine Ave, South Amboy, NJ 08879
      View Details
    • Contact for pricing

      Prime Commercial Space Available Now

      Versatile spaces suitable for retail, office, restaurant, or school.
      131 N Broadway, South Amboy, NJ 08879
      View Details
    • Contact for pricing
      152,100 SF

      South Amboy Industrial Space

      152,100 SF industrial space available for lease.
      111 Main St, South Amboy, NJ 08879
      View Details
    • $1,200 /Mo

      Move-in Ready Office Suite

      Immaculate office suite with modern finishes and ample parking.
      399 Oak St, South Amboy, NJ 08879
      View Details
    Request Owner's contact information
    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.
    960 Rte 9
    South Amboy, NJ 08879
    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
    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

    Thank You for Inquiry
    960 Rte 9, South Amboy, NJ, 08879
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!