7050 Hwy South Amboy, NJ 08879
This exceptional commercial land opportunity in South Amboy, New Jersey, presents a compelling investment prospect. Located at 7050 Highway 35, this 16,575 square foot lot boasts a 6,640 square foot, two-story building featuring five units. Three units are currently leased, offering immediate income potential. Two additional second-floor office spaces are available for lease or owner occupancy, providing flexibility for expansion or additional revenue streams. Each unit benefits from separate utilities, minimizing operational complexities and maximizing efficiency. The building is well-maintained and requires low upkeep, making it an attractive option for a variety of businesses. Its prime location on Highway 35 ensures high visibility and accessibility, with ample parking available. The property's proximity to major roadways, including the Garden State Parkway (GSP), New Jersey Turnpike (NJTP), and Route 287, provides convenient access to a wider regional market. This property is ideally suited for small contractors, HVAC businesses, electrical companies, or office users seeking a strategic location with excellent visibility and operational advantages. The asking price is $995,000. This is a rare opportunity to acquire a well-positioned commercial property in a thriving area of Middlesex County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.