Mixed-Use Building with Commercial
For Sale
Contact for pricing
7512 Broadway, North Bergen, NJ 07047
A mixed-use property with a commercial space and residential unit in a highly visible Broadway setting.
Property Size2,220 SF
Price / SF$371.62
Days on Market58
Property Features for 7512 Broadway
General Information
Standard status
Active
Size
2,220 SF
Property subtype
Special Purpose
Building Details
Year Built
1915
Listing Agency:
CENTURY 21 Realty Group
Listed By:
Alexander Andujar · License #2561872
Source:
Crexi
Added: Jun 16
Changed: Aug 8
Last Checked: Aug 11 at 6:26PM
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 CENTURY 21 Realty Group
Investment Insights
Based on property information with market context.
This for-sale mixed-use building combines a commercial space with a residential unit, offering a single property format for either an owner-occupant or an investor. The listing reflects a practical live-work or income-stream setup, with both components contained in one package.
The property is positioned on Broadway in North Bergen, NJ and described as highly visible, which can be advantageous for tenants or businesses that benefit from street presence. Specific frontage or traffic details are not provided, but the location is presented as a key attribute for day-to-day accessibility and walk-by awareness.
For owner-occupiers, the configuration allows one part of the property to support operations while the residential unit provides separate living space. For buyers evaluating income-producing opportunities, the ability to own both the commercial and residential components in one ownership structure can simplify management and planning, subject to the actual lease and operating terms in place at the time of showing.
The property is positioned on Broadway in North Bergen, NJ and described as highly visible, which can be advantageous for tenants or businesses that benefit from street presence. Specific frontage or traffic details are not provided, but the location is presented as a key attribute for day-to-day accessibility and walk-by awareness.
For owner-occupiers, the configuration allows one part of the property to support operations while the residential unit provides separate living space. For buyers evaluating income-producing opportunities, the ability to own both the commercial and residential components in one ownership structure can simplify management and planning, subject to the actual lease and operating terms in place at the time of showing.
Key Highlights
- Mixed‑use property with commercial space and a residential unit
- Highly visible Broadway location
- Built in 1915
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,630
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$732,600
$732.6K
Cap Rate 7%
$523,286
$523.3K
Cap Rate 9%
$407,000
$407.0K
Market Conditions
NOI Build-Up for 2,220 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$66.6K $30.00/SF
− Vacancy
−$8.0K −$3.60/SF
EGI
$58.6K $26.40/SF
− OpEx
−$22.0K −$9.90/SF
NOI
$36.6K $16.50/SF
Area
Hudson County, NJ
Vacancy
12.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$732,600
Cap Rate 7%
$523,286
Cap Rate 9%
$407,000
Alternative Uses
Best Use
Mixed Use
$523.3K
$457.9K – $610.5K
NOI $36,630 @ 7.0% cap · market cap 4.44%
Second Best
Apartment 5plus
$487.7K
$426.7K – $569.0K
NOI $34,139 @ 7.0% cap · market cap 4.14%
Theoretical Best
Warehouse
$803.9K
$703.4K – $937.9K
NOI $56,272 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,086
Businesses Nearby
69k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Dining 41%
Groceries 4%
Electronics 1%
Starbucks
Dining
12,413 visits/mo
0.3 miles
Mobil
Shops & Services
10,937 visits/mo
0.5 miles
Bank of America
Shops & Services
10,072 visits/mo
0.3 miles
Wells Fargo
Shops & Services
7,356 visits/mo
0.0 miles
Dunkin' Donuts
Dining
5,805 visits/mo
0.2 miles
Demographics for 07047, NJ
63,361
Population
25,024
Households
2.5
Avg Household Size
39
Median Age
32%
College-Educated
83%
High-School Grad
5.1 sq mi
ZIP Area
12,424
Density / Sq Mi
$75,505
Median Household Income
$43,150
Median Earnings
$1,702
Median Rent
$466,800
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - A mixed-use property with a commercial space and residential unit in a highly visible Broadway setting.
Where is this mixed-use property located?
The property is located at 7512 Broadway North Bergen, NJ.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Mixed‑use property with commercial space and a residential unit; Highly visible Broadway location; Built in 1915
