New search
Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Car washes
309 Convery Blvd, Perth Amboy, NJ 08861-3702
Entity Owned
15-yr Hold
Free & Clear
Property ID
US59-1269679
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1940
Total area
5,248 SF
Lot
0.5 ac (21,780 SF)
Zoning code
S-1A
APN
16 00099-0000-00004
UPID
US59-1269679
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
Current use
Occupant on record · Public records
-
Super Car Wash & Quick Lube Car Wash
-
Amboy Plaza Car Care Inc Car Wash
-
Perth Amboy Car Wash Car Wash
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$875k
Owner & transaction history
Smith Street Realty LLC · 15 yrs held
Smith Street Realty LLC
since 2011
6 recorded transactions
Zoning & alternative use
S-1A · Perth Amboy, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.0M
+6.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Perth Amboy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perth Amboy submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$950,000
Current use
MEDICAL BUILDING
$1,015,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$840,000
Change: -12% · Conversion: Difficult
OFFICE BUILDING
$835,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$875k
Range $788k – $963k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$167 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$39,621
Tax year 2022
Assessed value
$1,331,800
Assessed 2023
Previous assessed
$1,331,800
+0.0% YoY
Effective rate
2.97%
On assessed value
Assessed land
$778,400
Assessed improvement
$553,400
Land market value
$778,400
Improvement market value
$553,400
Total market value
$1,331,800
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1940
Heating
NONE
Total area
5,248 SF
Lot
0.5 ac (21,780 SF)
Zoning code
S-1A
APN
16 00099-0000-00004
UPID
US59-1269679
Jurisdiction
MIDDLESEX
Metro division
EDISON, NJ METROPOLITAN DIVISION
Zoning & alternative use
S-1A · Perth Amboy, NJ
Zoning S-1A · permitted uses
S-1A · Perth Amboy, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Perth Amboy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$950,000
MEDICAL BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$840,000
OFFICE BUILDING
Est. value
$835,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1940
Heating
NONE
Lot
0.5 ac
Current owner
From public records · entity-resolved
Smith Street Realty LLC
Entity
Free & Clear · 15 yrs held
Mailing address
749 EDGAR RD, ELIZABETH, NJ 07202-3126
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2016
—
Smith St Rlty LLC
—
Deed
related
$1,750,000 · Investors Bk
Feb 3, 2011
$36,114
Smith Street Realty LLC
High Tech S & S Corp
Grant Deed
—
Feb 3, 2011
$727,226
Smith Street Realty LLC
High Tech S & C Corp Trust
Grant Deed
$1,500,000 · Regal Bank
Aug 10, 2010
—
High Tech S & C Corp Trust
High Tech S & C Corp
Quit Claim Deed
—
Nov 1, 1988
$560,000
High Tech S & C Corp
Unknown
Grant Deed
—
—
—
Smith St Rlty LLC
—
Deed Of Trust
related
$1,750,000 · Investors Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 309 Convery Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
