485 New Brunswick Ave Perth Amboy, NJ 08861
- Commercial real estate
- 0.11 lot acres
Current Use by Public Records
- Perth Amboy Medical Center / Medical Center
- Dr. Swati Gupta DDS Raritan Bay Dental / Dentist
- Dr. Lily Chan, DMD / Dentist
- Markowski Maryanne / Professional Services / Medical Clinic
- Raritan Ob/Gyn Associates: Treadwell Jr Kenneth MD / Doctor
Property Details for 485 New Brunswick Ave
- Year built
- 1950
- Lot size
- 0.11 lot acres
- Zone code
- B-2
- Property type
- Commercial real estate
- APN
- 25 00059- 02-00232
- APU
- 25000590200232
Description
This exceptional commercial property at 485 New Brunswick Avenue #C, Perth Amboy, NJ 08861, presents a unique opportunity for businesses seeking a prominent location. The 1,744 square foot, two-story office space is ideally situated across from Raritan Bay Medical Center, ensuring high foot traffic and excellent visibility. The property is zoned C-1 and features a single-tenant occupancy. The interior layout is designed for optimal functionality and accessibility, boasting approximately 1000 square feet of usable space. The space includes two separate waiting/reception areas, providing ample space for clients, and five private offices or rooms, offering privacy for staff and meetings. While the property itself does not include parking spaces, convenient access to a nearby parking deck ensures easy parking for clients and employees. This location offers a significant advantage for businesses seeking to establish a presence in a high-traffic area with strong potential for client acquisition. The lot size is 0.115 sq ft. This is an excellent opportunity to establish or expand your business in a thriving commercial district. The property's strategic location and functional design make it suitable for a variety of professional uses, including law firms, accounting practices, medical offices, and other office-based businesses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $505,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $460,000
- 6.5%
- $460,000
- 7%
- $460,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $485,000
- Geo Method
- $520,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $480,000
- Retail
- $510,000
- Mixed-Use
- $525,000
- Hospitality
- $575,000
- Educational
- $420,000
- Residential Income
- $555,000
- Energy
- $435,000
- Income-Based Land
- $525,000
- Food Service
- $465,000
Location Insight
- Map
- Local Demand
- City
- Fords
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.3114
- Latitude
- 40.5275
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
