$725,000725 State StreetPerth Amboy, NJ, 08861

LISTED BY

J.J. ELEK REALTY CO.

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Primary Features

  • Lot Size Square Feet: 7349 sqft.
  • Property Type: Commercial Sale
  • Property Sub Type: Commercial
  • Year Built: 1931

Other Features

  • Flooring: See Remarks
  • Foundation Details: n/a
  • Heating: Hot Water
  • Parking Features: Hard Surface
  • Roof: Flat
  • Utilities: Electricity Connected, Natural Gas Connected
  • Electric: n/a

Location

  • Street Address: 725 State Street
  • City: Perth Amboy
  • State: NJ
  • Postal Code: 08861
  • Zoning: C-1

Pricing & Sale Info

  • List Price: $725,000
  • Tax Annual Amount: $14,437
  • MLS#: 2206205R
  • Last Change Timestamp: Mar 18, 2022
  • Source MLS: Central Jersey MLS

About This Property

Well maintained brick building in an excellent location, sitting on a 75x100 approx. lot. One commercial space (currently leased as a grocery store), 3 apartments, an additional room, PLUS 5 garage spaces. Rent roll is as follows: Grocery Store: $2.050/month 3 BR Apt: $1,350/month, 1 BR Apt: 1150/month Studio Apt: $800/month 4 Garages- $550/month 1 Garage is owner occupied Billboard: $450/ YEAR Approx. yearly gross income: $72,000.00 Expenses: Property Taxes: $16,000/ year Hazard Insurance: $4,600/year Water/Sewer: $3,500/year Gas: $160/month