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    188 Avenue B Bergen Point, NJ 07002

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    For Sale
    $689,000

    Mixed-use property featuring commercial space and two residential units.

    Lot size:
    0.06 Acres

    Property Features for 188 Avenue B

    General Information

    Lot size
    0.06 Acres

    Source: SERHANT NEW JERSEY LLC

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property with Residential Units

    This mixed-use property features a street-level commercial space along with two residential units. The first floor includes a one-bedroom apartment with backyard access. The second unit is located upstairs and contains four bedrooms and one bathroom. All units are currently tenant-occupied. The property is conveniently located near Stephen R. Gregg Park, JFK Blvd bus lines, and the 45th St Light Rail.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bergen Point
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.1108
    Latitude
    40.6645

    Nearby Similar for Sale

    • $999,999
      Pending

      Bayonne City Fourplex Investment Opportunity

      Four-family corner property in Bayonne with parking and income potential.
      233 Avenue B, Bergen Point, NJ 07002
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property featuring commercial space and two residential units.
    Where is this mixed-use property located?
    The property is located at 188 Avenue B Bergen Point, NJ.
    What is the asking price?
    The asking price for this property is $689,000.
    What are key features of this property?
    This property features: - Mixed-use property with commercial space and two residential units (1BR and 4BR/1BA).; - Tenant-occupied units providing immediate rental income.; - Convenient location near Stephen R. Gregg Park.
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    Bergen Point, NJ 07002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    188 Avenue B Bergen Point, NJ 07002
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