Homes for sale - 475 State St, Perth Amboy City, NJ 08861

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James Balletto

balletto.j@gmail.com +1(609) 349-2987

$ 1,800,000

Est. payment | -/mo

6,000 SqFt

Save

$ 1,800,000

Est. payment | -/mo

Save

6,000 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $300

MLS Listing ID 3932596

Year Built 1890

Annual Tax Amount $35,972

Tax Year 2023

Lot Size 2,178 Sqft

Property Description

Welcome to 475 State Street/124 William Street, Perth Amboy - a fully leased mixed-use commercial building located in the heart of Perth Amboy, New Jersey on a busy, high-visibility street.This versatile property offers a prime opportunity for entrepreneurs and investors looking to establish themselves in a thriving and bustling neighborhood.The 6,000 sq ft multi-tenant building features three levels of rental space and comes separately metered. The building is 100% leased with a well-known long-term storefront tenant with annual rental increases through 2026, as well as 10 residential apartments. Several apartments have updated kitchens and new hot water heaters installed in the past 3 years. Additionally, the building has a large basement for plenty of storage space. The building is located in a prime location, with easy access to major highways and transportation hubs. Perth Amboy is a thriving community with a rich cultural heritage and a diverse population, making it an ideal location for businesses that cater to a wide range of customers and clients. Eight out of 10 residential apartments are 1 bedroom units, while the remaining two units are studios. This building offers an incredible opportunity to steady financial gains and own a versatile and profitable commercial mixed-use property in one of New Jersey's most vibrant communities!

Location

State NJ

County Middlesex

Zoning C-1

Rooms

Basement French Drain, Partial, Storage

Interior

Heating Electric, Gas-Natural

Cooling Window A/C(s)

Equipment Appliances, Fire Alarm, Fixtures, Intercom, Kitchen Area, Security System, Smoke Detector

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Brick/Block, Concrete

Utilities Available All Underground

Roof Type Flat

Building

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Listed by SIGNATURE REALTY NJ

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(609) 349-2987

balletto.j@gmail.com

12 Terry Drive Suite 204, Newtown, Pennsylvania, 18940, United States

475 State St Perth Amboy City, NJ 08861