157-161 New Brunswick Ave
Perth Amboy, NJ 08861
Commerce de détail Propriété À vendre

The Geller Group of Marcus & Millichap Real Estate Investment Services has been exclusively retained by ownership to present the opportunity to acquire 157 New Brunswick Ave Perth Amboy, NJ (The Subject Property) to qualified investors. The 60,063 Gross SF building and Net Rentable 52,101 SF Multi-Tenant Ground Floor Retail & Two-Story Office building on .45 AC is in New Jersey's South Edison Retail Submarket. The mixed-use retail/office property is currently 92% leased, featuring a diverse tenant mix that includes State of NJ, County of Middlesex, and a mix of ground floor retail tenants. 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.
Beyond rail, Perth Amboy is connected by several major highways, including Route 35, Route 440, and the Garden State Parkway, offering regional access to New York City, Newark, and the Jersey Shore. The city also benefits from NJ TRANSIT bus routes, such as the 116, 48, and 815, which link Perth Amboy to surrounding municipalities and transit centers. The Office of Economic and Community Development (OECD) is spearheading initiatives
to make Perth Amboy more pedestrian- and bike-friendly. As part of the “Healthier Perth Amboy” campaign, new bike racks funded by the Robert Wood Johnson Foundation are being installed throughout the city. These efforts aim to encourage eco-friendly transportation and reduce reliance on cars.