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    Property profile & analytics

    278 New Brunswick Ave Perth Amboy, NJ 08861-4060

    • Auto shops
    • 1,593 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    $715,000
    Last Sale
    Jul 17, 2020
    $620,000
    Location Intelligence
    Property ID
    US59-1605941
    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

    • Drive Now Automotive LLC / Used Car Dealer

    Property Details for 278 New Brunswick Ave

    Year built
    1945
    Construction
    CONCRETE BLOCKS
    Lot size
    0.27 lot acres
    Property size
    1,593 SF
    Zone code
    R-MM
    Property type
    Auto shops
    APN
    16 00163-0000-00001- 02
    APU
    160016300000000102

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $775,000

    • CAP approach

      CAP return
      Estimation
      6%
      $575,000
      6.5%
      $560,000
      7%
      $625,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $535,000
      Geo Method
      $535,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $565,000
      Retail
      $475,000
      Mixed-Use
      $475,000
      Hospitality
      $605,000
      Educational
      $505,000
      Residential Income
      $590,000
      Energy
      $575,000
      Income-Based Land
      $610,000
      Food Service
      $640,000

    Location Insight

    • Map
    • Local Demand
    City
    Perth Amboy
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2729
    Latitude
    40.5138
    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
    $13,260
    $219,000
    $226,700
    $445,700
    -
    $219,000
    $226,700
    $445,700

    Comparable in this City

    • Value Estimation
      $1,835,000
      4,600 SF

      206 Fayette St

      AUTO REPAIR, GARAGE • 4,600 SF
      206 Fayette St, Perth Amboy, NJ 08861-4116
      View Details
    • Value Estimation
      $360,000
      1,050 SF

      631 Amboy Ave

      AUTO REPAIR, GARAGE • 1,050 SF
      631 Amboy Ave, Perth Amboy, NJ 08861-2536
      View Details
    • Value Estimation
      $325,000
      1,992 SF

      606 Convery Blvd

      AUTO REPAIR, GARAGE • 1,992 SF
      606 Convery Blvd, Perth Amboy, NJ 08861-2596
      View Details
    • Value Estimation
      $330,000
      1,348 SF

      511 Convery Blvd

      AUTO REPAIR, GARAGE • 1,348 SF
      511 Convery Blvd, Perth Amboy, NJ 08861-3036
      View Details
    • Value Estimation
      $375,000
      1,288 SF

      351 Elm St

      AUTO REPAIR, GARAGE • 1,288 SF
      351 Elm St, Perth Amboy, NJ 08861
      View Details
    • Value Estimation
      $320,000
      1,152 SF

      312 Fayette St

      AUTO REPAIR, GARAGE • 1,152 SF
      312 Fayette St, Perth Amboy, NJ 08861-4019
      View Details

    Similar Nearby for Sale

    • $499,000
      2,300 SF

      Land and Building Investment Opportunity

      Land and building leased to auto repair shop for sale.
      209 Barracks St, Perth Amboy, NJ 08861
      View Details
    • $685,000
      3,236 SF

      Established Garage with Tenant Income

      Operating garage with tenant providing monthly income until March 2025.
      805 S Amboy Ave E, Perth Amboy, NJ 08861
      View Details
    • $1,350,000
      2,627 SF

      Mixed-Use Building in Prime Location

      Mixed-use building with commercial and residential components in high-demand area.
      292 Smith St, Perth Amboy, NJ 08861
      View Details
    • $600,000
      1,920 SF

      Retail Opportunity in Perth Amboy

      Prime retail space in a high-demand Perth Amboy location.
      362 Stockton St, Perth Amboy, NJ 08861
      View Details
    • $9,586,160
      57,685 SF

      Perth Amboy Mixed-Use Investment

      Transit-adjacent industrial & retail gem.
      224 Smith St, Perth Amboy, NJ 08861
      View Details
    • $2,400,000

      Retail Property For Sale

      Retail property available for purchase in Perth Amboy, New Jersey.
      218-222 New Brunswick Ave, Perth Amboy, NJ 08861
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,813 SF

      Retail Space in Neighborhood Center

      2,813 SF retail space available in Perth Amboy, NJ.
      365 Convery Blvd, Perth Amboy, NJ 08861
      View Details
    • $2 SF/Yr
      12,312 SF

      Fayette Street Commercial Land Opportunity

      Prime Retail Land, Single Tenant, 12,312 SF
      587 Fayette St, Perth Amboy, NJ 08861
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space For Rent

      Retail space available for rent.
      101 New Brunswick Ave, Hopelawn, NJ 08861
      View Details
    • $3,838 /Mo
      7,675 SF

      Perth Amboy Flexible Use Space

      7675 SF flexible space suitable for warehousing, light industrial.
      224 Washington St, Perth Amboy, NJ 08861
      View Details
    • Contact for pricing
      10,700 SF

      Industrial Space with Multiple Doors

      10,700 SF industrial space featuring 11 drive-in and dock doors.
      440 Florida Grove Rd, Perth Amboy, NJ 08861
      View Details
    • $4,100 /Mo

      Commercial Land in Perth Amboy

      Commercial opportunity with office space, parking, shop, and storage.
      70 Fayette St, Perth Amboy, NJ 08861
      View Details
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    278 New Brunswick Ave
    Perth Amboy, NJ 08861-4060
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    Realmo Value Estimation

    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.

    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.

    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
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