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321-335 Madison Ave
Perth Amboy, NJ 08861
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Beyond rail, Perth Amboy is connected by several major highways, including Route 35, Route 440, and the Garden State Parkway.
- Offers regional access to New York City, Newark, and the Jersey Shore.
EXECUTIVE SUMMARY
The Geller Group of Marcus & Millichap Real Estate Investment Services has been exclusively retained by ownership to present the opportunity to acquire 174 Jefferson
Street & 325-347 Madison Ave Perth Amboy, NJ (The Subject Property) to qualified investors. The +/-30,450 SF Mixed Use Office & Retail building on .8139 AC is in New
Jersey's South Edison Retail Submarket.
The mixed-use retail property is currently 100% leased, featuring a diverse tenant mix that includes Universal Training Institute, a nursing school, and a Dollar General store.
Located within the South Edison Submarket, the asset benefits from a highly constrained retail environment. As of Q3 2025, the submarket reports a low retail vacancy rate of just 2.9%, with no new retail construction underway and limited competitive development planned. This scarcity of available space underscores the property's strategic positioning and long-term leasing stability.
Located along the North Jersey Coast Line, Perth Amboy is served by NJ TRANSIT’s commuter rail system, with the historic Perth Amboy Station acting as a key transit hub.
The station, originally built in 1927, is undergoing a $63 million renovation to improve accessibility and modernize facilities. Upgrades include high-level platforms, elevators,
ramps, and enhanced security features, all designed to meet ADA standards while preserving the station’s Renaissance Revival architecture.
Street & 325-347 Madison Ave Perth Amboy, NJ (The Subject Property) to qualified investors. The +/-30,450 SF Mixed Use Office & Retail building on .8139 AC is in New
Jersey's South Edison Retail Submarket.
The mixed-use retail property is currently 100% leased, featuring a diverse tenant mix that includes Universal Training Institute, a nursing school, and a Dollar General store.
Located within the South Edison Submarket, the asset benefits from a highly constrained retail environment. As of Q3 2025, the submarket reports a low retail vacancy rate of just 2.9%, with no new retail construction underway and limited competitive development planned. This scarcity of available space underscores the property's strategic positioning and long-term leasing stability.
Located along the North Jersey Coast Line, Perth Amboy is served by NJ TRANSIT’s commuter rail system, with the historic Perth Amboy Station acting as a key transit hub.
The station, originally built in 1927, is undergoing a $63 million renovation to improve accessibility and modernize facilities. Upgrades include high-level platforms, elevators,
ramps, and enhanced security features, all designed to meet ADA standards while preserving the station’s Renaissance Revival architecture.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
30,450 SF
Building Class
C
Year Built/Renovated
1930/2007
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
3.33
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
C-2
Frontage
60’ on JEFFERSON/321-335 MAD ST
AMENITIES
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 16-00123-0000-00017-02 | Improvements Assessment | $1,457,900 |
| Land Assessment | $348,500 | Total Assessment | $1,806,400 |
PROPERTY TAXES
Parcel Number
16-00123-0000-00017-02
Land Assessment
$348,500
Improvements Assessment
$1,457,900
Total Assessment
$1,806,400
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