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Mixed-Use Building with Ground-Floor Retail

704 WASHINGTON ST, Hoboken, NJ 07030

For Sale
$5,200,000

Four apartments and basement storage complement the commercial space in this occupied property.

Property SizeContact for details
Lot Size0.04 Acres
Days on Market61

Property Features for 704 WASHINGTON ST

General Information

Standard status Active
Lot size 0.04 Acres
Property subtype 4 Family
Occupancy 100%
Net Operating Income $272,360

Additional Details

Gross Income $325,200
Mixed-Use Components retail, residential
Tenant in Place Yes

Building Details

Buildings 1
Construction brick
Listing Agency: COMPASS NEW JERSEY, LLC
Listed By: ADAM BICKOFF
Source: Propertiesbysouthern
Added: Sep 10 Changed: Nov 7 Last Checked: Nov 8 at 4:16PM

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 COMPASS NEW JERSEY, LLC

Rey
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Investment Insights

Based on property information with market context.

A brick mixed-use property combines a ground-level retail unit with four apartments and basement storage. The residential mix consists of three three-bedroom, one-bath apartments and one one-bedroom, one-bath apartment with a private yard. The building is fully occupied and sits on a 21-by-75-foot lot outside the flood zone.

The property is at 704 Washington Street in Hoboken, along the Washington Street retail corridor. PATH, ferry and NJ Transit service provide connections to Manhattan.

Key Highlights

  • Ground‑floor retail space paired with four residential apartments
  • Residential mix: three 3‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
  • Private yard serving the 1‑bedroom apartment

Property Analytics

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Open Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Carpet & Flooring Store Auto Repair Shop Auto Parts Store Home Appliance Store (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

4,997
Businesses Nearby

Demographics for 07030, NJ

60,456
Population
29,985
Households
2
Avg Household Size
32
Median Age
83%
College-Educated
97%
High-School Grad
1.2 sq mi
ZIP Area
50,380
Density / Sq Mi
$176,943
Median Household Income
$105,359
Median Earnings
$2,819
Median Rent
$872,100
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 Mixed-use properties in Hudson County, NJ

$520 Jul
$441 Aug
$374 Sep
$439 Oct

Properties on Market for Mixed-use properties in Hudson County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Four apartments and basement storage complement the commercial space in this occupied property.
Where is this mixed-use property located?
The property is located at 704 WASHINGTON ST Hoboken, NJ.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: Ground‑floor retail space paired with four residential apartments; Residential mix: three 3‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; Private yard serving the 1‑bedroom apartment
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