This Property is no longer advertised on Showcase.com.
Off Market
1/31

226 New Brunswick Ave
Perth Amboy, NJ 08861


HIGHLIGHTS

  • Fully Renovated Mixed-Use Asset with Stabilized Cash Flow & Upside
  • Stabilized 18-unit multifamily plus 100% occupied 3-unit commercial
  • Gut-Renovation completed in 2024: All new systems: plumbing, electrical, mechanical.
  • Tenant's are directly metered for water, electric and heat and hot water. The owner is responsible for only common area electric.
  • Solid Commercial Tenancy: Harborx Pharmacy, Amarilis Furniture and Charming Lady, LLC with multi-year leases and built-in escalations
  • Turnkey Asset: Delivered in excellent condition and with stabilized occupancy

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

-

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

25303

STORIES

3

YEAR BUILT

2019

PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

16-00153-0000-00006