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Property profile & analytics

595 New Brunswick Ave Perth Amboy, NJ 08861

  • Commercial real estate
  • 0.29 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US59-1522771
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

  • Mark L. Bailey, PharmD / Pharmacy

Property Details for 595 New Brunswick Ave

Lot size
0.29 lot acres
Property type
Commercial real estate

Description

This exceptional 12-unit apartment building, located at 595 New Brunswick Ave, Perth Amboy, NJ 08861, presents a compelling investment opportunity. Boasting a 100% occupancy rate and a substantial net operating income (NOI) of $194,990, this property offers a current cap rate of 6.50% and a pro-forma cap rate of 7.51%. The building, which underwent renovations in 2024, comprises 12,000 square feet of rentable space across two stories, situated on a 0.29-acre lot zoned R-25. Ample parking is provided with 24 on-site spaces. Each of the 12 units is priced at $250,000, resulting in an asking price of $3,000,000 for the entire complex. The property benefits from a strong demographic profile, with over 122,000 people residing within a three-mile radius. Convenient access to major roadways, including the Garden State Parkway, Routes 1, 9, and 440, enhances its appeal. Nearby national retailers such as McDonald's, Taco Bell, Family Dollar, ShopRite, Walgreens, Subway, AutoZone, and Popeyes provide added convenience and contribute to the property's strong rental demand. This is a turnkey investment ready for immediate income generation.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Perth Amboy
County
Middlesex
State
New Jersey
Longitude
-74.2842035
Latitude
40.5199182
More about this property
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