For Sale
$4,500,000

2078 Hwy South Amboy, NJ 08879

Six-parcel commercial property, fully rented.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity encompasses six parcels totaling approximately four acres on Highway 35 in Sayreville, New Jersey (zip code 08879), and South Amboy, NJ. The portfolio includes a fully rented auto repair shop, a renovated three-bedroom Cape Cod home with a full basement, a three-bedroom brick ranch with a full basement, and a two-bay garage featuring two 13-foot doors, ideal for trucks. Additionally, the property boasts a 2.45-acre vacant lot and a 109x138 foot vacant land parcel, along with a paint shop. A cell tower with an existing lease contributes to the substantial rental income, currently generating approximately $300,000 annually. Concept plans for a 48-unit building on 2.5 acres are available. The property benefits from a convenient location, offering easy access to major roadways including the Driscoll Bridge, Routes 1, 9, 287, 44, the Garden State Parkway, and the Turnpike, as well as proximity to train and ferry services. A No Further Action (NFA) letter is on file. The owner covers the electricity for the brick house. The asking price for this fully rented, multi-faceted commercial property is $4,500,000.

Property Details for 2078 Hwy

Property type
Specialty properties, Land
Stories
2
Units
2

Location Insight

City
South Amboy
County
Middlesex
State
New Jersey
Latitude
40.471222
Longitude
-74.28393

FAQs

What type of property is this?
Specialty property - Six-parcel commercial property, fully rented.
Where is the specialty property located?
The property is located at 2078 Hwy South Amboy, NJ.
What is the asking price?
The asking price for this property is $4,500,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2078 Hwy
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message