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Property profile & analytics

310 Fayette St Perth Amboy, NJ 08861-4019

  • Commercial real estate
  • 2,258 SF
  • 0.06 lot acres
OFF-MARKET
Last Sale
Oct 15, 2024
$310,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US59-1749444
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

  • Alex Brakes & Suspension / Auto Repair Shop / Vehicle Inspection Center
  • Blu Lite LED / Department Store
  • South Side Dynamics / Auto Repair Shop
  • G T Auto Services / (Bike/Boat/Book/etc) Store / Auto Parts Store

Property Details for 310 Fayette St

Year built
1920
Construction
CONCRETE BLOCKS
Lot size
0.06 lot acres
Property size
2,258 SF
Zone code
C-1
Property type
Commercial real estate
APN
16 00159-0000-00001- 01
APU
160015900000000101

Description

This exceptional investment opportunity presents a steel-structured garage spanning approximately 2300 square feet, situated on a high-traffic street in Perth Amboy, New Jersey. The property, located at 310 Fayette Street, features a brick exterior and shingle roof, and is comprised of three bays. One bay and a separate office space on the left side of the property are currently occupied by the owner. The right side, encompassing two bays, is leased to an auto repair business at a monthly rental rate of $2700, with approximately one year remaining on the current lease. The property includes one electric meter, one gas meter, and one water meter, along with a shared bathroom for both occupants. Built in 1920, this single-story structure sits on a 0.06-square-foot lot. The asking price is $715,000. Showings are strictly by appointment only. This property offers a compelling blend of existing rental income and potential for future development or expansion within a vibrant commercial area. The property's strategic location and established tenancy make it an attractive investment prospect. Serious inquiries only.


Value Estimations

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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Perth Amboy
County
Middlesex
State
New Jersey
Longitude
-74.2753
Latitude
40.5128
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
2023
$8,867
$126,300
$168,200
$294,500
-
$126,300
$168,200
$294,500
More about this property
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