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2036 New Jersey 35 2,290 SF Retail Building South Amboy, NJ 08879 $4,147,050 CAD ($1,810.94 CAD/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
$4,147,050 CAD
Price Per SF
$1,810.94 CAD
Cap Rate
7.20%
NOI
$298,588 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.05
Lot Size
1.04 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 | $114,320 CAD |
| Land Assessment | $391,620 CAD | Total Assessment | $505,940 CAD |
Property Taxes
Parcel Number
19-00422-0000-00003
Land Assessment
$391,620 CAD
Improvements Assessment
$114,320 CAD
Total Assessment
$505,940 CAD
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Presented by
Majestic Auto
2036 New Jersey 35
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