711 Amboy AveWoodbridge Township, NJ 07095

  • Office buildings
  • 0.27 AC
For Lease
$21.88/SF/YR View listing

Property Details for 711 Amboy Ave

Year built
1968
Lot size
0.27 AC
Zone code
B-1
Property type
Office buildings
APN
25 00406- 11-00005
APU
25004061100005

Description

This exceptional 1,700 square foot commercial office space, previously a dentist's office, is ideally situated in the heart of Woodbridge, New Jersey. Its strategic location at a major crossroads offers unparalleled accessibility, with convenient proximity to major roadways including The Parkway, Turnpike, Route 287, 27, 440, and Route 35. The single-tenant, first-floor unit boasts high visibility and ample parking (10 spaces), making it an attractive option for a variety of medical practices or professional services. The property sits on a 0.273-square-foot lot and is zoned B-1. This turnkey opportunity includes all utilities, taxes, and insurance, offering significant cost savings. The building is a single-story structure. The property's APN is 25004061100005. This is a rare chance to acquire a Class A office space at a competitive price point in a highly desirable location. Don't miss this chance to establish your business in a thriving area with excellent transportation links.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,963,623
    6.5%
    $1,812,575
    7%
    $1,683,105
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,551,849
    Geo Method
    $1,551,849
  • Alternative Use

    Use
    Valuation
    Residential
    $2,247,593
    Hospitality
    $2,058,783
    Educational
    $1,712,883
    Medical
    $1,771,792
    Retail
    $2,664,485

Location Insight

City
Woodbridge
County
Middlesex
State
New Jersey
Latitude
40.5648
Longitude
-74.2871
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$24,792
$61,600
$138,400
$200,000
-
$61,600
$138,400
$200,000

FAQs

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