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New Brunswick Ave Mixed-Use 218 New Brunswick Ave 7,250 SF 100% Leased Retail Building Perth Amboy, NJ 08861 $2,400,000 ($331.03/SF) 6.76% Cap Rate
INVESTMENT HIGHLIGHTS
- Three Commercial Units – All Operating on Net Leases
- Roof Redone 2021 – 10 Year Warranty
- Extensive Renovations Done – Well-Maintained and Managed
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
7,250 SF
Building Class
C
Year Built
1915
Price
$2,400,000
Price Per SF
$331.03
Cap Rate
6.76%
NOI
$162,241
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.66
Lot Size
0.10 AC
Opportunity Zone
Yes
Zoning
C-1
Frontage
75’ on New Brunswick Ave
Walk Score®
Walker's Paradise (95)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 16-00153-0000-00009 | Improvements Assessment | $790,800 |
| Land Assessment | $142,000 | Total Assessment | $932,800 |
PROPERTY TAXES
Parcel Number
16-00153-0000-00009
Land Assessment
$142,000
Improvements Assessment
$790,800
Total Assessment
$932,800
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New Brunswick Ave Mixed-Use | 218 New Brunswick Ave
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