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$ 1,600,000
Est. payment /mo
Price Dropped by $100K
475 State St Perth Amboy City, NJ 08861
6,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $266
MLS Listing ID 3932596
Year Built 1890
Annual Tax Amount $35,972
Tax Year 2023
Lot Size 2,178 Sqft
Property Sub-Type Mixed Use
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
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by SIGNATURE REALTY NJ
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