Three-Story Brick
For Sale
$899,000
1925 JOHN F KENNEDY BLVD, Jersey City, NJ 07305
2 Family, Colonial, Victorian, Multi-Level, Jersey City, NJ
Property Size4,595 SF
Price / SF$195.65
Days on Market39
Property Features for 1925 JOHN F KENNEDY BLVD
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 8, Bathroom 1, Bedroom 9, Bedroom 1, Basement, Bedroom 7, Bedroom 3, Bedroom 6, Bedroom 4, Bathroom 3, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 5
Directions
john F. Kennedy Blvd
Subdivision
JC, Greenville
Standard status
Active
Taxes and HOA fees
Tax Annual Amount
10160
Amenities
front porch
backyard
Building Details
Architectural style
Other, Victorian, Colonial
Listing Agency:
GROUP TWENTY SIX LLC
(201) 969-2626
Listed By:
MICHAEL PERSONETTE · License #295075
(201) 848-2068
Added: Jul 31
Changed: Sep 3
Last Checked: Sep 7 at 5:06PM
MLS# 260015182
Copyright © 2026 Realty MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This three-story brick duplex provides 4,595 livable sq. ft. across a two-family configuration dating to the 1930s. The property includes a street-level professional office with exam rooms, a waiting room, and a half bath, along with residential living areas, three full baths, and one additional half bath. Architectural details include Victorian and Colonial influences, plus a front porch.
Exterior features include a full unfinished basement with walk-out access to the backyard, a 6+ car driveway, and a detached 2+ car garage. The property is offered as-is and requires TLC. It is positioned near bus stops, shopping, restaurants, schools, public transportation, and major highways, with Downtown Jersey City and New York City minutes away.
Exterior features include a full unfinished basement with walk-out access to the backyard, a 6+ car driveway, and a detached 2+ car garage. The property is offered as-is and requires TLC. It is positioned near bus stops, shopping, restaurants, schools, public transportation, and major highways, with Downtown Jersey City and New York City minutes away.
Key Highlights
- 4,595 livable sq. ft. in a 3‑story, 2‑family brick property
- Street‑level professional office with exam rooms, waiting room, and half bath
- Full unfinished walk‑out basement provides access to the backyard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$80,045
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.90%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,600,900
$1.6M
Cap Rate 7%
$1,143,500
$1.1M
Cap Rate 9%
$889,389
$889.4K
Market Conditions
NOI Build-Up for 4,595 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$146.1K $31.80/SF
− Vacancy
−$12.7K −$2.77/SF
EGI
$133.4K $29.03/SF
− OpEx
−$53.4K −$11.61/SF
NOI
$80.0K $17.42/SF
Area
Jersey City, NJ
Vacancy
8.70%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,600,900
Cap Rate 7%
$1,143,500
Cap Rate 9%
$889,389
Alternative Uses
Best Use
Multifamily LT 5
$1.49M
$1.30M – $1.74M
NOI $104,284 @ 7.0% cap · market cap 11.60%
Second Best
Apartment 5plus
$1.34M
$1.17M – $1.56M
NOI $93,543 @ 7.0% cap · market cap 10.41%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,746
Businesses Nearby
Explore this area
Business Placement
Demographics for 07305, NJ
67,947
Population
28,297
Households
2.4
Avg Household Size
36
Median Age
35%
College-Educated
88%
High-School Grad
5.7 sq mi
ZIP Area
11,921
Density / Sq Mi
$77,126
Median Household Income
$47,822
Median Earnings
$1,610
Median Rent
$418,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Victorian-Colonial duplex with a street-level professional office, unfinished walk-out basement, detached garage, and substantial driveway.
Where is this duplex located?
The property is located at 1925 JOHN F KENNEDY BLVD Jersey City, NJ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 4,595 livable sq. ft. in a 3‑story, 2‑family brick property; Street‑level professional office with exam rooms, waiting room, and half bath; Full unfinished walk‑out basement provides access to the backyard
