46 Commerce St Perth Amboy, NJ 08861
This exceptional mixed-use property at 46 Commerce Street in Perth Amboy, New Jersey, presents a unique investment opportunity. Situated on a 0.053-acre lot, this 1,334 square foot building, constructed in 1910, boasts a two-story design. The ground floor offers a substantial warehouse or storage area, ideal for a variety of commercial uses, from small business operations to personal storage needs. Upstairs, a comfortable two-bedroom apartment provides versatile living space. This could serve as owner-occupied housing, generating additional income through rental, or simply offering convenient living quarters alongside the commercial space. The property's location in Perth Amboy, Middlesex County, New Jersey (zip code 08861), offers easy access to local amenities and transportation. The asking price is $479,000. This property is a rare find, blending residential and commercial uses in a single location, making it an attractive option for both owner-occupants and investors seeking a flexible and potentially lucrative investment. The property's versatility allows for a wide range of potential uses and income streams, making it a compelling opportunity in the vibrant Perth Amboy market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.