Single-Tenant Retail
822-828 Broadway, Bayonne, NJ 07002
For Sale
Contact for pricing
A NNN lease runs through July 31, 2030, with the property fully occupied.
Property Size6,938 SF
Lot Size0.23 Acres
Price / SF$417.99
Days on Market47
Property Features for 822-828 Broadway
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Financials
Asking Price
Gross Income
Additional Details
Mixed-Use Components
Tenant in Place
Property Use
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
CENTURY 21 Realty Group
Listed By:
Alexander Andujar · License #2561872
(201) 854-8888
Source:
Crexi
Added: Sep 24
Changed: Nov 8
Last Checked: Nov 8 at 4:14PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding retail property has a total of approximately 6,938 square feet, divided between 3,469 square feet of ground-floor retail and 3,469 square feet of second-floor office space. Built in 1975, the building occupies an approximately 10,000-square-foot lot and is fully leased to one tenant under a triple-net lease that runs through July 31, 2030.
The property is at 822-828 Broadway in Bayonne, New Jersey, and includes parking.
The property is at 822-828 Broadway in Bayonne, New Jersey, and includes parking.
Key Highlights
- Single‑tenant property with a triple‑net lease through July 31, 2030
- Approximately 6,938 square feet across retail and office space
- Ground‑floor retail area: approximately 3,469 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,477
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,289,540
$2.3M
Cap Rate 7%
$1,635,386
$1.6M
Cap Rate 9%
$1,271,967
$1.3M
Market Conditions
NOI Build-Up for 6,938 SF
Gross rent
$208.1K $30.00/SF
− Vacancy
−$25.0K −$3.60/SF
EGI
$183.2K $26.40/SF
− OpEx
−$68.7K −$9.90/SF
NOI
$114.5K $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 Rate 5%
$2,289,540
Cap Rate 7%
$1,635,386
Cap Rate 9%
$1,271,967
Alternative Uses
Best Use
Mixed Use
$1.64M
$1.43M – $1.91M
NOI $114,477 @ 7.0% cap · market cap 3.95%
Second Best
Retail
$1.41M
$1.24M – $1.65M
NOI $99,028 @ 7.0% cap · market cap 3.41%
Theoretical Best
Warehouse
$2.51M
$2.20M – $2.93M
NOI $175,862 @ 7.0% cap · market cap 6.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,875
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 Retail in Northeast region
Frequently Asked Questions
What type of property is this?
NNN property - A NNN lease runs through July 31, 2030, with the property fully occupied.
Where is this nnn property located?
The property is located at 822-828 Broadway Bayonne, NJ.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Single‑tenant property with a triple‑net lease through July 31, 2030; Approximately 6,938 square feet across retail and office space; Ground‑floor retail area: approximately 3,469 square feet
