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    Kearny Avenue Storefront Office Space Title is generated by Realmo AI

    229-235 KEARNY AVE, Kearny, NJ 07032

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    Claim this Listing
    For Lease
    $3,250/Mo $26 SF/Yr (calc)

    Office - Kearny, NJ

    Type:Office
    Property size:
    1,500 SF
    Added:
    Dec 17, 2025
    Days on Market:
    147
    Last Refresh:
    May 13 at 7:06 am

    Property Features for 229-235 KEARNY AVE

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Size
    1,500 SF

    Taxes and HOA fees

    Tax Annual Amount
    24246

    Utilities

    Heating system
    Natural Gas

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    CARLOS JESUS

    Listing agent CARLOS JESUS License #9798051

    Listing office EXIT GOLDEN REALTY GROUP 50 MIDLAND AVE, NORTH ARLINGTON, NJ

    Listing date Dec 17, 2025

    MLS# 250025174 Listing URL

    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.

    HighLights

    • Prime first‑floor storefront on high‑traffic Kearny Ave offering unmatched exposure.
    • 6 dedicated parking spots, a rare advantage on Kearny Ave.
    • Ideal for a wide range of uses including retail, medical, professional office, and more.
    • Over 1,500 Square Feet of Total Space.
    • Efficient layout offering great flexibility for various business concepts.
    • Positioned in a vibrant, walkable section with high foot and vehicle traffic.

    Overview

    This first-floor storefront on Kearny Avenue offers high visibility in a high-traffic commercial corridor. The space is suitable for retail, medical, professional office, wellness, financial services, boutique studio, technology or consulting firms, and other service-oriented operations. It features 6 dedicated parking spots, two baths, and ample storage areas. The layout offers flexibility for an open showroom, private exam rooms, offices, or a mixed-use workspace. The location is in a walkable section surrounded by established businesses, restaurants, and residential areas, ensuring foot and vehicle traffic. The property offers direct street-level access and strong signage potential. The total space is over 1,500 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Similar Places Nearby

    • A W Flowers Events LLC — 212 Belleville Turnpike, Kearny, NJ 07032
    • Lee's Florist — 740 Kearny Ave, Kearny, NJ 07032
    • LEMUS FLOWERS — 519Kearny Ave, Kearny, NJ 07032
    • Brick & Cobblestone Sales LLC — 23 Grafton Ave, Newark, NJ 07104

    Location Insight

    • Map
    • Local Demand
    City
    Kearny
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.1520927
    Latitude
    40.7591899

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    FAQs

    What type of property is this?
    Storefront property - Prime storefront office space with high visibility and dedicated parking.
    Where is this storefront property located?
    The property is located at 229-235 KEARNY AVE Kearny, NJ.
    What is the lease rate?
    The lease rate is $3,250 /Mo.
    What are key features of this property?
    This property features: Prime first‑floor storefront on high‑traffic Kearny Ave offering unmatched exposure.; 6 dedicated parking spots, a rare advantage on Kearny Ave.; Ideal for a wide range of uses including retail, medical, professional office, and more.
    (201) 997-4425
    We can help!
    Listing Contact
    CARLOS JESUS
    Real Estate License ID: 9798051
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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    229-235 KEARNY AVE, Kearny, NJ 07032
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