104 STORMS AVE Jersey City, NJ 07306
Mixed-use property in redevelopment zone, offering value-add potential.
Property Features for 104 STORMS AVE
General Information
- Standard status
- Active
- Size
- 3,311 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1900
Listing office SERHANT (917) 334-9663
Listing date May 12, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SERHANT
Investment Insights
Based on property information with market context.
Key Highlights
- Redevelopment Zone
- Mixed‑Use potential
- Value‑Add opportunity
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $97.3k | $29.40 |
| − Vacancy | −$9.0k | −$2.70 |
| EGI | $88.4k | $26.70 |
| − OpEx | −$33.1k | −$10.01 |
| NOI | $55.2k | $16.68 |
