Closed$525,000
TLC ≈ $4,408/mo
3 2 1,108 sqft
212 Princeton Road, Old Bridge, NJ 08859
528 Ridgeway Avenue, South Amboy, NJ 08879
$579,900
0 beds 3 baths 2,137 sqft0 days on marketActive
About this home
A truly unique mixed-use opportunity in South Amboy! Formerly home to the well-known Double Dyme Tavern, the building features a commercial kitchen, distinctive bar area, exposed brick, rustic finishes, multiple service and food-preparation areas, and direct access to the outdoor deck. The restaurant space is currently leased to a food truck company that uses the property to prepare and cook food before loading its trucks for various events. Above the restaurant, a separately accessed residential apartment is currently tenant-occupied and offers an updated kitchen, comfortable living area, two bedrooms, a modern bath, in-unit laundry, and abundant natural light. An appealing opportunity for an investor or owner-user seeking both commercial and residential income potential. Any future use is subject to applicable municipal approvals, zoning requirements, licensing, and certificates of occupancy; buyers should independently verify all permitted uses with the City of South Amboy. The property is being sold without a liquor license.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.
Your estimated payment
$5,483/mo
- Real estate (PITI + HOA + PMI)
- $5,203
- Utilities
- $561
- Transportation
- $120
- Other (entertainment)
- $143
Principal + interest$3,736
Property tax + insurance$1,250
PMI / 2nd mortgage$217
Heating + cooling$126
Internet + TV + phone$143
Water + sewer + garbage$58
Car insurance + maintenance$120
Budget$5,983/mo
Remaining after TLC$500/mo
Purchase price
$579,900
Down payment
$28,995 (5%)
Loan amount
$550,905
APR
7.19%
Quick facts
Type
Commercial
Style
—
Year built
—
Lot size
0.1527 ac
Stories
2
Heating
Forced Air
Cooling
Central Air, Ceiling Fan(s)
Water
Public
HOA
—
Annual tax
$7,743
MLS #
2701638R
County
Middlesex
At a glance
Air conditioning
Home features
Appliances
AppliancesRefrigerationRange/OvenRefrigerator
Interior
AppliancesRefrigerationLighting Fixtures
Parking
On SiteOn StreetPaved
Flooring
Vinyl-Linoleum, Lighting Fixtures
Roof
Asphalt
Sewer
Public Sewer
Lot features
Residential Area
Neighborhood — 08879
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 16,152 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 4.00% | 14.00% | 20.00% |
| Population Density | 1,939 | 1,137 | — |
| Male | 8,032 | 4,307,827 | 147,432,321 |
| Female | 8,121 | 4,525,010 | 151,655,844 |
| Never Married | 3,609 | 1,965,811 | 63,775,926 |
| Married | 6,492 | 3,647,435 | 123,120,365 |
| Separated | 552 | 391,239 | 12,639,686 |
| Widowed | 1,045 | 515,172 | 15,467,586 |
| Divorced | 1,224 | 529,393 | 23,075,029 |
| Number Of House Hold | 5,981 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.68 | 2.73 | 2.60 |
| Medial Age | 37.11 | 37.15 | 35.46 |
| Median House Hold Income | $60,229 | $63,392 | $48,276 |
| Average House Hold Income | $68,862 | $83,312 | $63,629 |
| P C I | $25,517 | $30,662 | $24,529 |
| M D I | $49,839 | $52,505 | $41,133 |
| A T H E | $54,454 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 81.61% | 81.02% | 77.74% |
(Zip) Code
8879
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 7/28/2026. Provided courtesy of ERA BONIAKOWSKI REAL ESTATE via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.