228 Hall AvePerth Amboy, NJ 08861
- Other commercial real estate
- 2,977 SF
Property Details for 228 Hall Ave
- Year built
- 1900
- Construction
- BRICK
- Lot size
- 0.06 AC
- Property size (Sq ft)
- 2,977 SF
- Zone code
- R-25
- Property type
- Other commercial real estate
- APN
- 16 00345-0000-00007
- APU
- 1600345000000007
Description
This exceptional commercial land parcel, located at 228 Hall Avenue, presents a unique investment opportunity. The 2,977 square foot lot is zoned R-25 and offers high visibility and exposure to significant commuter foot traffic. Its strategic location places it within one block of Perth Amboy High School, Edward J. Patten School, and Ignacio Cruz Early Childhood Center, ensuring consistent pedestrian activity. The property's versatility makes it ideal for a variety of businesses, including a nail salon, barbershop, retail store, or bar/cafe restaurant. The existing two-story building features a newer central air conditioning unit. Convenient access to major transportation routes and highways further enhances its appeal. The property's single-tenant occupancy simplifies management, and the 0.068-acre lot size provides ample space for development or expansion. The parcel's APN is 1600345000000007. This is a rare opportunity to acquire a well-situated commercial property in a thriving area with excellent potential for growth and return on investment. There are no parking spaces on the property.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $563,365
- Hospitality
- $516,039
- Educational
- $429,339
- Medical
- $444,104
- Retail
- $667,860
Location Insight
- City
- Perth Amboy
- County
- Middlesex
- State
- New Jersey
- Latitude
- 40.52
- Longitude
- -74.2675
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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