503 Division StPerth Amboy, NJ 08861

  • Other commercial real estate
  • 4,028 SF
For Sale
$3,500 View listing

Property Details for 503 Division St

Year built
1920
Construction
FRAME
Lot size
0.25 AC
Property size (Sq ft)
4,028 SF
Zone code
R-25
Property type
Other commercial real estate
APN
16 00252-0000-00012- 03
APU
160025200000001203

Description

This exceptional 3,470 sq ft commercial land parcel, located at 503 Division Street #1, presents a unique investment opportunity. Zoned R-25, this single-tenant property boasts a 0.248 sq ft lot size and is ideally situated for convenient access to major highways. The existing two-story structure offers one suite and a single parking space. Its strategic location makes it perfect for a variety of businesses, particularly those in import/export or those serving blue-collar professionals such as electricians, plumbers, and general contractors. The property's APN is 160025200000001203. This is a rare chance to acquire a well-positioned commercial property with significant potential for growth and development. The existing building provides immediate use while offering the flexibility to expand or rebuild to suit your specific business needs. Don't miss this chance to establish your business in a high-traffic area with excellent accessibility. Act quickly to secure this prime commercial land.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $762,255
    Hospitality
    $698,222
    Educational
    $580,912
    Medical
    $600,891
    Retail
    $903,641
503 Division St, Perth Amboy, New Jersey
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Location Insight

City
Perth Amboy
County
Middlesex
State
New Jersey
Latitude
40.5163
Longitude
-74.2667
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$11,528
$157,000
$230,500
$387,500
-
$157,000
$230,500
$387,500

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