Bayonne Storefront Retail
383 Avenue C, Bayonne, NJ 07002
For Sale
Contact for pricing
Avenue C location offers access to public transportation and pedestrian activity.
Property Size5,235 SF
Price / SF$0.38
Days on Market50
Property Features for 383 Avenue C
General Information
Standard status
Size
Listing Agency:
KELLER WILLIAMS REAL ESTATE
Listed By:
OKSANA DERGUNOVA
(610) 867-8888
Source:
Luminancerealty
Added: Sep 26
Changed: Nov 12
Last Checked: Oct 5 at 9:24PM
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 KELLER WILLIAMS REAL ESTATE
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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.
This storefront retail property is located at 383 Avenue C in Bayonne, New Jersey. The address is in a busy, established area with pedestrian traffic and convenient access to public transportation.
Key Highlights
- 383 Avenue C address in Bayonne, NJ 07002
- Pedestrian traffic in an established area
- Convenient access to public transportation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,721
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,494,420
$1.5M
Cap Rate 7%
$1,067,443
$1.1M
Cap Rate 9%
$830,233
$830.2K
Market Conditions
NOI Build-Up for 5,235 SF
Gross rent
$113.1K $21.60/SF
− Vacancy
−$6.3K −$1.21/SF
EGI
$106.7K $20.39/SF
− OpEx
−$32.0K −$6.12/SF
NOI
$74.7K $14.27/SF
Area
Hudson County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,494,420
Cap Rate 7%
$1,067,443
Cap Rate 9%
$830,233
Alternative Uses
Best Use
Retail
$1.07M
$934.0K – $1.25M
NOI $74,721 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.90M
$1.66M – $2.21M
NOI $132,695 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,835
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07002, NJ
71,686
Population
30,161
Households
2.4
Avg Household Size
38
Median Age
40%
College-Educated
91%
High-School Grad
5.8 sq mi
ZIP Area
12,360
Density / Sq Mi
$81,285
Median Household Income
$51,157
Median Earnings
$1,593
Median Rent
$446,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Hudson County, NJ
Properties on Market for Storefront properties in Hudson County
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Metrostems — 25 E 23rd St, Bayonne, NJ 07002
- Sacalis Florist — 575 Broadway, Bayonne, NJ 07002
- Flower Delivery Bayonne NJ — 670 Broadway, Bayonne, NJ 07002
- Bloomtastic Creations — 718 Broadway, Bayonne, NJ 07002
- Floristería Guadalupana — 696 Broadway, Bayonne, NJ 07002
Frequently Asked Questions
What type of property is this?
Storefront property - Avenue C location offers access to public transportation and pedestrian activity.
Where is this storefront property located?
The property is located at 383 Avenue C Bayonne, NJ.
What are key features of this property?
This property features: 383 Avenue C address in Bayonne, NJ 07002; Pedestrian traffic in an established area; Convenient access to public transportation
