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Office buildings
NJ
Perth Amboy
08861
272 High St

272 High St 274 Perth Amboy, NJ 08861-5073

OFF-MARKET Office buildings Google Maps

5,085 SF 0.18 ac lot Built 1963

Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity

Estimated value (blended)

$400k

Range $360k – $440k (±10%)

Property ID US59-0506310

This exceptional Class A office building, located at 272-274 High Street in Perth Amboy, NJ 08861, offers a variety of flexible spaces ideal for various professional uses. The property, situated near Smith Street and just one block from the courthouse, boasts 5,400 square feet across two stories, built in 1963 and completely renovated in 2023. Currently, multiple tenancy options are available, ranging from 350 to 600 square feet. The building features convenient amenities including 10 parking spaces and an elevator lift. The R-50 zoning allows for diverse business types, including medical, legal, accounting, and internet-based companies. Each unit is fully serviced, with all utilities and internet access included in the lease price. The recent renovation includes fresh paint and upgraded units with Wi-Fi. This prime location in Perth Amboy's historic district presents a unique opportunity for businesses seeking modern, well-equipped office space with all-inclusive pricing.

Property type Office buildings

Use group OFFICE BUILDING

Year built 1963

Construction BRICK

Total area 5,085 SF

Lot 0.18 ac (7,682 SF)

Zoning code R-60

APN 16 00055-0000-00026

UPID US59-0506310

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Physician Medical Clinic
Church
Law Firm
Spa & Massage Center
Freight Service Logistics Company

AI Approach AI

by Request

CAP Approach CAP

by Request

Comparable Approach Comparable

$1.16M

Blend (final) Blend

$400k

since 2009

4 recorded transactions

2009

$660,000

1989

$329,000

1969

Price N/A

1969

Price N/A

Zoning description

R-60 Residential Zone. [Amended 9-21-2005 by Ord. No. 1304-2005 ; 6-11-2025 by Ord. No. 2243-2025 ] The following regulations shall apply to the R-60 Residential Zone: A. Permitted principal uses: (1) One-family detached…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi

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