Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    256 Amboy Ave Woodbridge, NJ 07095-2804

    • Residential income homes
    • 2,878 SF
    • 0.14 lot acres
    OFF-MARKET
    Last Sale
    Aug 12, 2021
    $585,000
    Value Estimations
    $650,000
    Show details
    Cap Rate Potential
    6.4%
    Residential income homes
    Location Intelligence
    Property ID
    US59-1548569
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 256 Amboy Ave

    Year built
    1896
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.14 lot acres
    Property size
    2,878 SF
    Zone code
    R-6
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    25 00533- 01-00048
    APU
    25005330100048

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $750,000
      ML approach
      $685,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $805,000
      6.5%
      $740,000
      7%
      $690,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $558,000
      Market price range: $559k - $887k

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $710,000
      Current use
      OFFICE BUILDING
      $785,000
      Change: +11% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $645,000
      Change: -9% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Woodbridge
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2791
    Latitude
    40.5499
    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
    $14,131
    $17,600
    $96,400
    $114,000
    -
    $17,600
    $96,400
    $114,000

    Comparable in this City

    • Value Estimation by Request
      0.09 Acres

      82 New St

      APARTMENT HOUSE (UNDER 5 UNITS) • 0.09 Acres
      82 New St, Woodbridge, NJ 07095-2989
      View Details
    • Value Estimation by Request
      2,729 SF

      309 Fulton St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,729 SF
      309 Fulton St, Woodbridge, NJ 07095
      View Details
    • Value Estimation
      $770,000
      3,258 SF

      179-181 Fulton St, Unit 181

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,258 SF
      179-181 Fulton St, Woodbridge, NJ 07095-2619
      View Details
    • Value Estimation
      $1,410,000
      8,441 SF

      574 Rahway Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 8,441 SF
      574 Rahway Ave, Woodbridge, NJ 07095-3432
      View Details
    • Value Estimation
      $585,000
      3,740 SF

      285 Fulton St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,740 SF
      285 Fulton St, Woodbridge, NJ 07095-2870
      View Details
    • Value Estimation
      $3,080,000
      11,262 SF

      20 Claire Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 11,262 SF
      20 Claire Ave, Woodbridge, NJ 07095-3757
      View Details

    Similar Nearby for Sale

    • New
      $669,000
      1,704 SF

      Updated Multifamily in Woodbridge Proper

      Well-maintained multifamily property with updated units and private parking.
      74 Albert St, Woodbridge, NJ 07095
      View Details
    • $499,700

      Amboy Avenue Commercial Property

      Prime Woodbridge Office Building, $499,700
      515 Amboy Ave, Woodbridge Township, NJ 07095
      View Details
    • Contact for pricing
      3,882 SF

      High-Visibility Storefront in Woodbridge, NJ

      Well-maintained retail storefront with upgrades in a prime downtown location.
      91 Main St, Woodbridge, NJ 07095
      View Details
    • New
      $369,900
      0.34 Acres

      Spacious Residential Lot for Development

      Generously sized parcel ready for custom residential development.
      808 King Georges Rd, Fords, NJ 07095
      View Details
    • Contact for pricing
      60,000 SF

      Residential Land For Sale

      Large parcel suitable for townhouse development or individual use.
      306-304 Main St, Woodbridge, NJ 07095
      View Details
    • $3,150,000
      14,396 SF

      Two-Story Building with Parking Lot

      Two-story building with parking near downtown Woodbridge and train.
      380 Berry St, Woodbridge, NJ 07095
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,400 SF

      Woodbridge Flex Space - 11,400 SF

      Modern Flex Space, 1.4 Acres, NJ
      1051 Us-9, Woodbridge Township, NJ 07095
      View Details
    • $19 SF/Yr
      5,500 SF

      Green Street Office Space

      Woodbridge, NJ: Versatile Office Suites
      123 Grn St, Woodbridge Township, NJ 07095
      View Details
    • Contact for pricing
      2,750 SF

      Office Building Near Woodbridge Mall

      2,750 SF office space in ten-story building for rent.
      90 Woodbridge Center Dr, Woodbridge, NJ 07095
      View Details
    • $15 SF/Yr
      2,094 SF

      Prime Commercial Land, Main St.

      2,094 sq ft lot, 4 parking spaces.
      227 Main St St, Woodbridge Township, NJ 07095
      View Details
    • Contact for pricing
      32,720 SF

      Vermella Woodbridge Retail Center

      Prime Woodbridge Retail Space Available
      0 Main St & Mutton Holw Rd, Woodbridge Township, NJ 07095
      View Details
    • Contact for pricing
      8,456 SF

      Woodbridge Office Space Sublease

      Office space available for sublease in Woodbridge, New Jersey.
      900 Us Highway 9 N, Woodbridge, NJ 07095
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    256 Amboy Ave
    Woodbridge, NJ 07095-2804
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.