Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Freestanding Commercial Building with Drive-Thru Title is generated by Realmo AI

    349 John St, Harrison, NJ 07029

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $850,000

    High-visibility corner lot suitable for various commercial uses.

    Type:Commercial
    Property size:
    1,701 SF
    Lot size:
    0.10 Acres
    Price / SF:
    $499/SF
    Added:
    Mar 25, 2026
    Days on Market:
    49
    Last Refresh:
    Mar 25 at 8:12 pm

    Property Features for 349 John St

    General Information

    Standard status
    Active
    Size
    1,701 SF
    Lot size
    0.10 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1974

    We can help!

    Listing Contact
    MICHAEL ROSA

    Listing agent MICHAEL ROSA

    Listing office ROSA AGENCY

    Listing date Mar 25, 2026

    Source Corcoran

    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 ROSA AGENCY

    HighLights

    • Existing Drive‑Thru: Ideal for various businesses.
    • High‑Visibility Corner Lot: Offers outstanding exposure and strong traffic counts.
    • Strategic Location: Bustling commercial corridor near established businesses, public transportation, and dense residential neighborhoods.
    • Redevelopment Potential: Suitable for owner‑users or investors.
    • Convenient Access & Parking: Easy ingress/egress and on‑site parking potential.
    • Proximity to Approved Apartment Complex: Located near an approved 1,000‑unit apartment complex.

    Overview

    This freestanding commercial building, previously used as a bank, includes a drive-thru. The property is suitable for financial institutions, medical users, quick-service restaurants, or retail redevelopment. Situated on a corner lot with dimensions of approximately 46 x 97, the location offers high visibility and strong traffic. The layout is designed for functionality, accommodating various business operations with convenient access and potential on-site parking. The corner location enhances visibility for signage and branding. The property is located in a commercial area near established businesses, public transportation, and residential neighborhoods. It is also located near an approved 1,000-unit apartment complex.
    Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Law Firm Real Estate Agency Restaurant 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.

    Location Insight

    • Map
    • Local Demand
    City
    Harrison
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.1603412
    Latitude
    40.7502298

    Nearby Similar for Sale

    • $850,000
      6,000 SF

      East Newark Commercial/Industrial Building

      Two-story, 6,000 sq ft building with parking easement.
      East Newark Boro, NJ 07029-2708
      View Details
    • $945,000
      4,418 SF

      Harrison Town Mixed-Use Property

      Renovated mixed-use property near PATH station in Harrison Town.
      234 HARRISON AVE, Harrison Town, NJ 07029-1329
      View Details
    • $2,150,000

      Renovated Mixed-Use Investment Property

      Fully leased, renovated mixed-use property with immediate upside potential.
      743 HARRISON AVE, Harrison, NJ 07029
      View Details
    • $850,000
      6,000 SF

      Commercial/Industrial Building with Parking

      6,000 SF commercial/industrial building with parking easement.
      209 Central Ave, East Newark Boro, NJ 07029
      View Details
    • $1,095,000
      1,037 SF

      Harrison Town Multi-Family Home

      Two-story, two-unit home with five beds and five baths.
      28 Davis St, Harrison Town, NJ 07029-2616
      View Details
    • $799,000
      5,308 SF

      Industrial Warehouse Near Route 280

      5,308 sqft warehouse with loading docks, near major routes.
      301 Bergen St, Harrison, NJ 07029
      View Details
    • $119,900
      750 SF

      Established Deli and Grocery Store

      Well-established deli and grocery store with imported goods.
      101 Hamilton St, Harrison Town, NJ 07029
      View Details
    • $850,000
      1,175 SF

      Vacant Office Building For Sale

      Six spacious offices, newer brick building, great income potential.
      2 Jersey St, Harrison Town, NJ 07029
      View Details
    • Contact for pricing
      3,367 SF

      Restaurant on 0.73 Acres

      3,367 SF restaurant on 0.73 acres for sale.
      751 Harrison Avenue, Harrison, NJ, 07029
      View Details
    • $850,000

      Harrison Office Building For Sale

      Three-story office building near major highways with income potential.
      2 Jersey, Harrison, NJ 07029
      View Details
    • $1,200,000

      Commercial Property on Busy Street

      Well-maintained commercial property with full basement and ample parking.
      214 FRANK E RODGERS BLVD S, Harrison, NJ 07029
      View Details

    FAQs

    What type of property is this?
    Bank - High-visibility corner lot suitable for various commercial uses.
    Where is this bank located?
    The property is located at 349 John St Harrison, NJ.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Existing Drive‑Thru: Ideal for various businesses.; High‑Visibility Corner Lot: Offers outstanding exposure and strong traffic counts.; Strategic Location: Bustling commercial corridor near established businesses, public transportation, and dense residential neighborhoods.
    (973) 589-7550
    We can help!
    Listing Contact
    MICHAEL ROSA
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    349 John St, East Newark Boro, NJ 07029
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!