Ground-Level Storefront
1643 John F Kennedy Blvd, Jersey City, NJ 07305
For Sale
$179,000
A full kitchen and bathroom support a range of commercial configurations.
Property Size366 SF
Price / SF$489.07
Days on Market58
Property Features for 1643 John F Kennedy Blvd
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Floor
Amenities
full kitchen
full bathroom
2
22
26X126X25X117
Listing Agency:
(551) 239-8040
Listed By:
Justin Robinson
Source:
Skyrealtyintl
Added: Sep 13
Changed: Nov 8
Last Checked: Nov 8 at 2:45PM
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 Justin Robinson
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Ground-level commercial space at 1643 John F Kennedy Blvd includes a full kitchen and a full bathroom. The interior can accommodate a range of commercial concepts, including retail, office, studio, or service uses.
The property fronts Kennedy Boulevard in Jersey City, within a residential and commercial area with neighborhood shops and services. Bus stops and a light rail station are among the nearby transit options.
The property fronts Kennedy Boulevard in Jersey City, within a residential and commercial area with neighborhood shops and services. Bus stops and a light rail station are among the nearby transit options.
Key Highlights
- Ground‑level commercial space on Kennedy Boulevard
- Full kitchen and full bathroom
- Near neighborhood shops, services, bus stops, and a light rail station
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,048
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$120,960
$121.0K
Cap Rate 7%
$86,400
$86.4K
Cap Rate 9%
$67,200
$67.2K
Market Conditions
NOI Build-Up for 366 SF
Gross rent
$9.4K $25.80/SF
− Vacancy
−$803 −$2.19/SF
EGI
$8.6K $23.61/SF
− OpEx
−$2.6K −$7.08/SF
NOI
$6.0K $16.52/SF
Area
Jersey City, NJ
Vacancy
8.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$120,960
Cap Rate 7%
$86,400
Cap Rate 9%
$67,200
Alternative Uses
Best Use
Retail
$86.4K
$75.6K – $100.8K
NOI $6,048 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$118.7K
$103.8K – $138.4K
NOI $8,306 @ 7.0% cap · market cap 4.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,296
Businesses Nearby
77k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 76%
Dining 21%
Groceries 2%
Home Improvements & Furnishings 1%
Family Dollar
Shops & Services
19,442 visits/mo
0.5 miles
Exxon
Shops & Services
12,256 visits/mo
0.2 miles
Dunkin' Donuts
Dining
12,134 visits/mo
0.4 miles
BP
Shops & Services
11,501 visits/mo
0.4 miles
Capital One Bank
Shops & Services
6,566 visits/mo
0.3 miles
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
$418,200
Median Home Value
Market
Average Price Trend$/SF for Storefront properties in Jersey City, NJ
Properties on Market for Storefront properties in Jersey City
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Scarlett Blooms (Jersey City ) — 1664 John F. Kennedy Blvd, Jersey City, NJ 07305
- Entenmann's Florist — 1731 John F. Kennedy Blvd West, Jersey City, NJ 07305
Frequently Asked Questions
What type of property is this?
Storefront property - A full kitchen and bathroom support a range of commercial configurations.
Where is this storefront property located?
The property is located at 1643 John F Kennedy Blvd Jersey City, NJ.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Ground‑level commercial space on Kennedy Boulevard; Full kitchen and full bathroom; Near neighborhood shops, services, bus stops, and a light rail station
