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Investment Highlights
- The property features approximately 142.51 feet of frontage along New Brunswick Avenue, providing visibility within an established commercial corridor
- Delivered vacant, allowing immediate occupancy, repositioning, or lease-up.
- Multi-storefront configuration accommodates a variety of retail and commercial uses.
- Two exterior loading docks and rear access from Oak Street support operational flexibility.
- Located within walking distance of the Perth Amboy NJ Transit Station, enhancing accessibility for employees and customers.
- Convenient access to Route 35, Route 440, and the Garden State Parkway supports regional connectivity.
Executive Summary
287-297 New Brunswick Avenue presents an opportunity to acquire a vacant multi-tenant retail asset positioned along one of Perth Amboy's established commercial corridors. The property consists of multiple storefronts and benefits from approximately 142.51 feet of frontage on New Brunswick Avenue, providing visibility to passing vehicular and pedestrian traffic. Rear access from Oak Street and two exterior loading docks support a variety of retail, showroom, service-commercial, and distribution-oriented occupancy strategies.
The asset's vacant status allows an investor or owner-user to immediately pursue redevelopment, repositioning, lease-up, or direct occupancy without existing tenancy constraints. The combination of storefront exposure and rear loading functionality creates flexibility for a broad range of commercial uses. The property is located within a walkable urban environment and is approximately 0.4 miles from the Perth Amboy NJ Transit Station, offering commuter access to the broader regional transportation network.
The asset's vacant status allows an investor or owner-user to immediately pursue redevelopment, repositioning, lease-up, or direct occupancy without existing tenancy constraints. The combination of storefront exposure and rear loading functionality creates flexibility for a broad range of commercial uses. The property is located within a walkable urban environment and is approximately 0.4 miles from the Perth Amboy NJ Transit Station, offering commuter access to the broader regional transportation network.
Property Facts
Sale Type
Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,000 SF
Building Class
C
Year Built
1927
Price
$2,750,000
Price Per SF
$211.54
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.65
Lot Size
0.46 AC
Zoning
N/Av, Perth Amboy - commercial
Frontage
135’ on New Brunswick Ave
Amenities
- 24 Hour Access
- Storage Space
Exceptionally walkable
90/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-00158-0000-00019 | Improvements Assessment | $387,000 |
| Land Assessment | $272,100 | Total Assessment | $659,100 |
Property Taxes
Parcel Number
16-00158-0000-00019
Land Assessment
$272,100
Improvements Assessment
$387,000
Total Assessment
$659,100
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287-297 New Brunswick Ave
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