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Property profile & analytics
OFF-MARKET
Estimated value
$5,590,000
Industrial properties
1160 Amboy Ave, Perth Amboy, NJ 08861-1954
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US59-0821114
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2009
Total area
31,317 SF
Lot
2.73 ac (118,919 SF)
Zoning code
S-3B
APN
16 00475-0000-00002- 02
UPID
US59-0821114
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Spartan Shielding General Contractor
-
Balance Yoga & Wellness Studio Gym & Fitness Center
-
Excalibur Group LLC Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.04M
CAP Approach
CAP
$5.41M
Comparable Approach
Comparable
$5.41M
Blend (final)
Blend
$5.59M
Owner & transaction history
The Next Twenty LLC · 4 yrs held
The Next Twenty LLC
since 2021
Last sale
$5.8M
7 recorded transactions
Zoning & alternative use
S-3B · Perth Amboy, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$8.6M
+22.8%
Apartment house (5+ units)
$7.7M
+10.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Perth Amboy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perth Amboy submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$7,425,000
ML approach
$7,040,000
CAP Approach
CAP Return
Estimation
6%
$5,860,000
6.5%
$5,410,000
7%
$5,020,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,970,000
Current use
OFFICE BUILDING
$8,565,000
Change: +23% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$7,715,000
Change: +11% · Conversion: Difficult
Blend value · Realmo final
$5.59M
Range $5.03M – $6.15M · ±10% · vs last sale $5.78M (Sep 9 2021)
Last sale anchor
$5.78M
Sep 9 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$178 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$65,855
Tax year 2022
Assessed value
$2,213,600
Assessed 2023
Previous assessed
$2,213,600
+0.0% YoY
Effective rate
2.98%
On assessed value
Assessed land
$919,000
Assessed improvement
$1,294,600
Land market value
$919,000
Improvement market value
$1,294,600
Total market value
$2,213,600
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2009
Heating
NONE
Total area
31,317 SF
Lot
2.73 ac (118,919 SF)
Zoning code
S-3B
APN
16 00475-0000-00002- 02
UPID
US59-0821114
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
S-3B · Perth Amboy, NJ
Zoning S-3B · permitted uses
S-3B · Perth Amboy, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Perth Amboy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$7.0M
OFFICE BUILDING
Est. value
$8.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.7M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Heating
NONE
Lot
2.73 ac
Current owner
From public records · entity-resolved
The Next Twenty LLC
Entity
Mailing address
450 FAYETTE ST, PERTH AMBOY, NJ 08861-3805
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2021
$5,775,000
The Next Twenty LLC
1160 Amboy Avenue LLC
Deed
—
Mar 28, 2018
—
1160 Amboy Avenue L L C
—
Deed
related
$3,675,000 · Unity Bank
May 10, 2013
—
1160 Amboy Avenue LLC
—
Deed Of Trust
related
$3,000,000 · Investors Bank & Trust
Dec 21, 2010
$1,350,000
1160 Amboy Ave LLC
Bergen Avenue Realty LLC
Grant Deed
$900,000 · Maxim Credit Corp
Jun 9, 2010
$2,676,500
Bergen Avenue Realty LLC
North Amboy Plaza LLC
Grant Deed
—
—
—
1160 Amboy Avenue LLC
—
Deed Of Trust
related
$1,600,000 · First Choice Bank
—
—
1160 Amboy Avenue LLC
—
Deed Of Trust
related
$600,000 · First Choice Bank
—
—
1160 Amboy Avenue LLC
—
Deed Of Trust
related
$2,500,000 · Investors Bank & Trust
—
—
North Amboy Dev INC
—
Deed Of Trust
related
$300,000 · V&s Amboy Galvanizing INC
—
—
1160 Amboy Avenue LLC
—
Deed Of Trust
related
$2,000,000 · First Choice Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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