Office Building with
New
For Sale
$2,500,000
751-753 BROADWAY, Bayonne, NJ 07002
A furnished workplace combines private offices, shared work areas, meeting rooms, and on-site kitchen facilities.
Property Size10,000 SF
Price / SF$250
Days on Market5
Property Features for 751-753 BROADWAY
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Office
Additional Details
Furnished
Yes
Public Transit
Yes
Sprinkler System
Yes
Amenities
private offices
workstations
conference rooms
training room
reception
copy area
kitchens
bathrooms with showers
outdoor patio
Verizon high-speed internet
Building Details
Stories
2
Construction
brick
Listing Agency:
COSTANZA & PROVIDENCE REAL ESTATE AGENCY INC.
Listed By:
ANDREW DIAZ · License #2672018
(201) 436-1000
Source:
Propertiesbysouthern
Added: Oct 3
Changed: Oct 6
Last Checked: Oct 7 at 3:07PM
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 COSTANZA & PROVIDENCE REAL ESTATE AGENCY INC.
Investment Insights
Based on property information with market context.
This brick office property provides approximately 10,000 square feet across its first floor and a finished lower level. Its existing fit-out includes 33 private offices, 12 workstations, two conference rooms, a training room, reception area, copy area, and two kitchens. Four bathrooms, two with showers, serve the space. The building is sprinklered and includes an outdoor patio, with immediate occupancy available.
The property sits on Broadway between 33rd and 34th Streets in Bayonne, one block from the 34th Street Hudson-Bergen Light Rail station. Verizon high-speed internet is available.
The property sits on Broadway between 33rd and 34th Streets in Bayonne, one block from the 34th Street Hudson-Bergen Light Rail station. Verizon high-speed internet is available.
Key Highlights
- Approximately 10,000 square feet over a first floor and finished lower level
- 33 private offices and 12 workstations
- Two conference rooms and a dedicated training room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$153,000
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,060,000
$3.1M
Cap Rate 7%
$2,185,714
$2.2M
Cap Rate 9%
$1,700,000
$1.7M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$300.0K $30.00/SF
− Vacancy
−$96.0K −$9.60/SF
EGI
$204.0K $20.40/SF
− OpEx
−$51.0K −$5.10/SF
NOI
$153.0K $15.30/SF
Area
Hudson County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,060,000
Cap Rate 7%
$2,185,714
Cap Rate 9%
$1,700,000
Alternative Uses
Best Use
Office B
$2.19M
$1.91M – $2.55M
NOI $153,000 @ 7.0% cap · market cap 6.12%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.62M
$3.17M – $4.22M
NOI $253,477 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
2,113
Businesses Nearby
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - A furnished workplace combines private offices, shared work areas, meeting rooms, and on-site kitchen facilities.
Where is this office building located?
The property is located at 751-753 BROADWAY Bayonne, NJ.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Approximately 10,000 square feet over a first floor and finished lower level; 33 private offices and 12 workstations; Two conference rooms and a dedicated training room
