Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    323 Washington St, Unit 4TH Hoboken, NJ 07030

    View on Map
    New
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $5,500 /Mo

    Office space for rent in downtown Hoboken on Washington Street.

    Property Features for 323 Washington St

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Anthony Piscitelli
    Source: Corcoran

    Listing Agency: UNLMTD REAL ESTATE BROKERAGE Listing Agent: Anthony Piscitelli

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

    Learn more

    Overview

    Downtown Hoboken Office Space Available

    Located on Washington Street in downtown Hoboken, this office space is situated on the 4th floor of an elevator building. The suite offers direct elevator access and features a full build-out from its previous office use. Windows provide exposure facing Washington Street. The property benefits from a walkable downtown environment, mass-transit connectivity, and demographics that position Washington Street, Hoboken, as a leading market.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Hoboken
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.0296874
    Latitude
    40.7407297

    Nearby Similar for Lease

    • $3,300 /Mo

      Hoboken Retail Space with Backyard

      Retail space in downtown Hoboken with private backyard and patio.
      108 Adams St, Hoboken, NJ 07030
      View Details
    • Sponsored
      Contact for pricing

      Hoboken Riverfront Center

      All-inclusive access to workspace, virtual office and meeting rooms in 505 Montgomery
      221 River St, Hoboken, NJ 07030
      View Details
    • $1,100 /Mo

      Renovated Private Office for Lease

      Renovated office space with utilities included, near transportation.
      51 Newark St, Hoboken, NJ 07030
      View Details
    • $10,000 /Mo

      Waterfront Office Space with Views

      Office space with NYC views, near transportation.
      1 Newark St, Hoboken, NJ 07030
      View Details
    • $1,900 /Mo

      Luxurious Co-working Private Office

      Furnished private office in downtown Hoboken co-working space.
      89 Hudson St, Hoboken, NJ 07030
      View Details
    • $10,000 /Mo

      Washington Street Retail Space Available

      Retail space on Washington Street, Hoboken, NJ for rent.
      132 Washington St, Hoboken, NJ 07030
      View Details
    • $3,300 /Mo

      Downtown Hoboken Retail/Spa Space

      Retail space with private backyard in downtown Hoboken.
      108 Adams St, Hoboken, NJ 07030
      View Details
    • $1,200 /Mo

      Furnished Private Office in Hoboken

      Luxurious co-working space with flexible lease terms available now.
      89 Hudson St, Hoboken, NJ 07030
      View Details
    • $5,000 /Mo

      Retail Storefront on Washington Street

      Uptown retail storefront with storage space available for rent.
      1102 Washington St, Hoboken, NJ 07030
      View Details
    • Contact for pricing

      Retail Space in Downtown Hoboken

      Retail space for lease in the heart of Hoboken.
      Hoboken, NJ 07030
      View Details
    • $1,000 /Mo

      Renovated Office with NYC Views

      Private office for lease with utilities included and NYC views.
      51 Newark St, Hoboken, NJ 07030
      View Details
    • $2,800 /Mo

      Renovated Office Space Near Path

      Top floor renovated office space in Hoboken near transportation.
      1 Newark St, Hoboken, NJ 07030
      View Details

    FAQs

    What type of property is this?
    Office units - Office space for rent in downtown Hoboken on Washington Street.
    Where is this office units located?
    The property is located at 323 Washington St, Unit 4TH Hoboken, NJ.
    What is the lease rate?
    The lease rate is $5,500 /Mo.
    What are key features of this property?
    This property features: - Prime downtown Hoboken location on Washington Street.; - Direct elevator access into the office suite.; - Full build-out from prior office use.
    (201) 643-6161
    Request Owner's contact information
    323 Washington St, Unit 4TH Hoboken, NJ 07030
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    323 Washington St, Unit 4TH
    Hoboken, NJ 07030
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    323 Washington St, Unit 4TH Hoboken, NJ 07030
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Anthony Piscitelli
    (201) 643-6161 (201) 706-7629
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!