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513 Pine Ave South Amboy, NJ 08879

OFF-MARKET Retail properties & Spaces Google Maps
2,450 SF 0.14 ac lot
Estimated value
No estimation on file for this property yet.
Property ID US59-2003119

Property summary

AI-generated overview

This exceptional mixed-use property at 513 South Pine Avenue, Sayreville, New Jersey, presents a compelling investment opportunity. The 2,450 square foot building sits on a 0.14-acre lot (50' x 125'), zoned R-7, offering significant potential. The ground floor currently features a 450 square foot operating barber shop and a vacant 1,000 square foot space, previously a deli, ready for immediate lease or owner-occupancy. Upstairs, a 1,000 square foot apartment provides additional income potential. The property's location in Middlesex County, with its address in Sayreville, NJ, 08879, offers convenient access to major transportation routes and a thriving local community. The asking price is $650,000. This versatile property is ideal for an investor seeking a blend of retail and residential income streams, or an owner-operator looking to establish a presence in a dynamic market. The existing barber shop provides immediate cash flow, while the vacant retail space and apartment offer significant upside potential for future growth and rental income. The R-7 zoning allows for a variety of uses, providing flexibility for future development or expansion. Don't miss this chance to acquire a well-located, income-producing asset in a desirable New Jersey market.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,450 SF
Lot 0.14 ac (6,098 SF)
UPID US59-2003119

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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