228 Hall Ave Perth Amboy, NJ 08861-2840
Property summary
This exceptional commercial land parcel, located at 228 Hall Avenue, presents a unique investment opportunity. The 2,977 square foot lot is zoned R-25 and offers high visibility and exposure to significant commuter foot traffic. Its strategic location places it within one block of Perth Amboy High School, Edward J. Patten School, and Ignacio Cruz Early Childhood Center, ensuring consistent pedestrian activity. The property's versatility makes it ideal for a variety of businesses, including a nail salon, barbershop, retail store, or bar/cafe restaurant. The existing two-story building features a newer central air conditioning unit. Convenient access to major transportation routes and highways further enhances its appeal. The property's single-tenant occupancy simplifies management, and the 0.068-acre lot size provides ample space for development or expansion. The parcel's APN is 1600345000000007. This is a rare opportunity to acquire a well-situated commercial property in a thriving area with excellent potential for growth and return on investment. There are no parking spaces on the property.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
ements. § 430-10 Effect of establishment of zoning districts. § 430-11 Description of zoning districts. § 430-12 Purpose of residential districts. § 430-13 R-60 Residential Zone. § 430-14 R-50 Residential Zone. § 430-15…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
R-25 · Perth Amboy, NJements. § 430-10 Effect of establishment of zoning districts. § 430-11 Description of zoning districts. § 430-12 Purpose of residential districts. § 430-13 R-60 Residential Zone. § 430-14 R-50 Residential Zone. § 430-15…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for R-25 in Perth Amboy, NJ.
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