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    FOR SALE
    Commercial real estate

    1200 Ernston Rd, South Amboy, NJ 08879

    3.6 ac lot
    Property ID
    US59-1296293
    1200 Ernston Rd, South Amboy, NJ 08879 For Sale
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    1200 Ernston Rd, South Amboy, NJ 08879
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    Property summary
    AI-generated overview

    This exceptional 3.6-acre commercial land parcel, situated at 1200 Ernston Rd in South Amboy, New Jersey (zip code 08879), presents a compelling investment prospect for discerning buyers. Located conveniently off Route 35, this property enjoys proximity to significant ongoing development, making it an ideal location for expansion. Currently improved with a single-family home, the site has received approvals for a diverse range of commercial uses. These approved uses include, but are not limited to, establishments such as bars, childcare centers, businesses providing essential services, restaurants, and facilities related to water usage. Office space development is also permissible. The property's strategic location and versatility offer significant potential for a variety of commercial ventures. The asking price for this remarkable opportunity is $999,999. Broker co-op is available. This Middlesex County location offers easy access to major transportation routes and a thriving local market, promising strong returns for the right investor or developer. Don't miss this chance to acquire a highly desirable commercial property in a rapidly developing area.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 3.6 ac (156,816 SF)
    UPID US59-1296293
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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