2531 John F Kennedy Boulevard North Bergen, NJ 07047
MULTI_FAMILY - North Bergen, NJ
- Added:
- Jul 8, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 12 at 1:06 am
Property Features for 2531 John F Kennedy Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 4
- Standard status
- Active
- APN
- 08-00050-0000-00001
- Size
- 10,049 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 26808
Utilities
- Sewer type
- Public Sewer
- Heating system
- Zoned
- Cooling system
- Zoned
- Water source
- Public
Building Details
- Year built
- 1915
- Floors in Building
- 3
- Number of units
- 13
Listing agent Michael Brooke (732) 905-5511
Listing office Imperial Real Estate Agency 212 Second Street Suite 405, Lakewood, NJ (732) 905-5511
Listing date Jul 8, 2026
Copyright © 2026 More MLS. 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.
The building is located at 2531 John F. Kennedy Boulevard in North Bergen, at the intersection of Kennedy Blvd & 26th St. Public remarks describe commuter access just off Route 495 with immediate Lincoln Tunnel access. Buyers should verify all information, including building systems, utilities, and any parking arrangements, as items like “potential on-site parking” are noted as such in the remarks.
For investors and operators, the mixed-use setup can offer diversification between residential and retail components, while the metering details may help streamline utility administration. Public remarks also state that current rents are below market; prospective buyers should confirm that information and underwrite based on their own assumptions and due diligence.
Key Highlights
- 1915‑built mixed‑use property at Kennedy Blvd & 26th St on a corner location
- Includes 11 apartments and 2 retail suites totaling approximately 10,000 SF
- Separate gas/electric metering with partial utility separation; some tenant‑paid electric heat
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 | $301.5k | $30.00 |
| − Vacancy | −$36.2k | −$3.60 |
| EGI | $265.3k | $26.40 |
| − OpEx | −$99.5k | −$9.90 |
| NOI | $165.8k | $16.50 |
