Closed$389,000
TLC ≈ $2,760/mo
3 2 1,333 sqft
685 Raritan Avenue, Perth Amboy, NJ 08861
591 New Brunswick Avenue, Perth Amboy, NJ 08861
$675,000
0 beds 0 baths 2,600 sqft Built 19250 days on marketActive
About this home
For Sale: Amazing Brick Building with 2 long term established Retail Tenants. 100% Leased.Front Unit is Margarita's Deli, established over 15 years & Rear Unit is Stage 1 Tires also a long term tenant. Goldmine High Traffic location on New Brunswick Ave, Perth Amboy near the Hospital & High Density Apartment Complex next to 7-11 & Family Dollar across from Dominos by Autozone & McDonalds. This 2600 sq ft building has very stable tenants (sq footage from tax records, buyer must verify).Approx Gross Income $55, 000. Annual Rent Increase of 3%. Rent is below market. Owner only pays for Taxes & Insurance.
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 4% APR.
Your estimated payment
$5,157/mo
- Real estate (PITI + HOA + PMI)
- $4,847
- Utilities
- $628
- Transportation
- $145
- Other (entertainment)
- $158
Principal + interest$3,061
Property tax + insurance$1,533
PMI / 2nd mortgage$253
Heating + cooling$152
Internet + TV + phone$158
Water + sewer + garbage$58
Car insurance + maintenance$145
Budget$5,657/mo
Remaining after TLC$500/mo
Purchase price
$675,000
Down payment
$33,750 (5%)
Loan amount
$641,250
APR
4%
Quick facts
Type
Commercial
Style
—
Year built
1925
Lot size
0.0574 ac
Stories
1
Heating
Forced Air
Cooling
See Remarks
Water
Public
HOA
—
Annual tax
$9,874
MLS #
2706496R
County
Middlesex
Home features
Parking
On Street
Flooring
See Remarks
Roof
Flat
Sewer
Public Sewer
Lot features
Near Train, Commercial Area, Corner Lot
Neighborhood — 08861
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 46,782 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 20.00% | 14.00% | 20.00% |
| Population Density | 8,584 | 1,137 | — |
| Male | 23,392 | 4,307,827 | 147,432,321 |
| Female | 23,390 | 4,525,010 | 151,655,844 |
| Never Married | 12,523 | 1,965,811 | 63,775,926 |
| Married | 14,394 | 3,647,435 | 123,120,365 |
| Separated | 3,833 | 391,239 | 12,639,686 |
| Widowed | 2,051 | 515,172 | 15,467,586 |
| Divorced | 3,067 | 529,393 | 23,075,029 |
| Number Of House Hold | 14,307 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 3.23 | 2.73 | 2.60 |
| Medial Age | 31.78 | 37.15 | 35.46 |
| Median House Hold Income | $41,463 | $63,392 | $48,276 |
| Average House Hold Income | $52,403 | $83,312 | $63,629 |
| P C I | $16,734 | $30,662 | $24,529 |
| M D I | $36,156 | $52,505 | $41,133 |
| A T H E | $45,041 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 80.27% | 81.02% | 77.74% |
(Zip) Code
8861
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 10/22/2026. Provided courtesy of RE/MAX COMPETITIVE EDGE via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.