21 Amboy Avenue, Metuchen NJ 08840, 1209 - Metuchen, NJ 08840
- $500,000
- 1,080
- SqFt
- Sold Price
- $500,000
- List Price
- $625,000
- Closing Date
- Nov 05, 2025
- Days on Market
- 215
- Status
- CLOSED
- MLS#
- 2511457R
- Living Area
- 1,080
- Lot Size (Acres)
- 0.1877
Property Description
Fully leased Auto garage for sale located in busy commercial area. Great investment with a Cap rate of 9.5%. Main garage building has 2 bays with 2 car lifts, an office & a bathroom. 2nd building is a 1 bay car lift equipped auto facility. both buildings leased to tenants who can stay or go as needed by the new owner. Tenants pay all utilities. Landlord pays Taxes & Insurance. Property is R2 Zoned with many retail & Commercial uses allowed by town as property is fronting on Amboy Ave. Seller looking to sell with the tenants but can give them notice to vacate is someone requires vacant property.
Additional Information
- Area
- 1209 - Metuchen
- Utilities
- Electricity Connected, Natural Gas Connected
- Floors
- Concrete
- Taxes
- $12,436
- Lot Size
- 8,176
- Parking Driveway
- Concrete, Paved
- Lot Description
- Near Shopping, Business District, Commercial Area, Corner Lot
- Water
- Public
- Levels
- 1
- Heat Fuel
- See Remarks
- Cooling
- See Remarks
- Water Sewer
- Public Sewer
- Interior
- Lifts
- Roof
- Asphalt
- Parking Spaces
- 30
- Stories
- 1
- Show Address
- Yes
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Listing courtesy of BETTER HOMES&GARDENS RE MATURO. Selling Office: .
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