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2036 New Jersey 35 2,290 SF Retail Building South Amboy, NJ 08879 $3,000,000 ($1,310.04/SF) 7.20% Cap Rate



Executive Summary
This unique mixed-use property offers a rare combination of automotive and residential income opportunities. The site includes both a body shop license and a car dealership license, providing immediate operational capability for automotive businesses. In addition, the property features a two-family home, creating a built-in residential income stream or potential owner-occupancy option.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,290 SF
Building Class
C
Year Built
1950
Price
$3,000,000
Price Per SF
$1,310.04
Cap Rate
7.20%
NOI
$216,000
Tenancy
Single
Building Height
2 Stories
Building FAR
0.02
Lot Size
3.30 AC
Zoning
B3
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-00422-0000-00003 | Improvements Assessment | $82,700 |
| Land Assessment | $283,300 | Total Assessment | $366,000 |
Property Taxes
Parcel Number
19-00422-0000-00003
Land Assessment
$283,300
Improvements Assessment
$82,700
Total Assessment
$366,000
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Presented by
Majestic Auto
2036 New Jersey 35
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