Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1 Flagship St Bayonne, NJ 07002
    Back to Search
    Property profile & analytics

    1 Flagship St, Bayonne, NJ 07002

    View on Map
    • Retail properties & Spaces
    • 1 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 1 Flagship St

    Property type
    Retail properties & Spaces
    Property subtype
    Apartment buildings

    Description

    This exceptional retail property at 1 Flagship Street in Hudson County offers multiple one-bedroom, one-and-a-half-bathroom units, each boasting approximately 1 square foot of space. Each unit features modern stainless steel appliances and the convenience of an in-unit washer/dryer. The building itself is a standout, offering an array of amenities designed for both comfort and convenience. Residents can enjoy breathtaking NYC skyline views from the rooftop deck, which also overlooks the Bayonne golf course. Additional amenities include a well-equipped fitness center, a relaxing lounge area complete with a billiards table, and a professional conference room. For outdoor relaxation, there's an inviting outdoor lounge area with a fire pit. Parking is available at an additional cost, and pets are welcome upon landlord approval and an additional fee. The building's prime location offers easy access to a nearby shopping center and major transportation routes. The monthly rent for these units is $2,500. Limited units remain; schedule a viewing today.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bayonne
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.1008
    Latitude
    40.6702

    Comparable in this City

    • Value Estimation by Request

      14 Cooper St

      Multifamily properties
      14 Cooper St, Bayonne, NJ 07002
      View Details
    • Value Estimation by Request

      431 Avenue C

      Multifamily properties
      431 Avenue C, Bayonne, NJ 07002
      View Details
    • Value Estimation by Request
      1 SF

      27 42Nd St

      Multifamily properties
      27 42Nd St, Bayonne, NJ 07002
      View Details
    • Value Estimation by Request
      1 SF

      78 31St St

      Multifamily properties
      78 31St St, Bayonne, NJ 07002
      View Details
    • Value Estimation by Request
      1 SF

      76 45Th St

      Retail properties & Spaces
      76 45Th St, Bayonne, NJ 07002
      View Details
    • Value Estimation by Request
      1 SF

      513 Avenue A

      Retail properties & Spaces
      513 Avenue A, Bayonne, NJ 07002
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Bayonne Mixed-Use Investment Opportunity

      Mixed-use property with restaurant, apartments, and business potential.
      614-616 Broadway, Bayonne, NJ 07002
      View Details
    • $2,215,000

      New Mixed-Use Building in Bayonne

      Turnkey investment opportunity in Bayonne's growing commercial corridor.
      952 Broadway, Bayonne, NJ 07002
      View Details
    • $1,500,000
      5,235 SF

      Mixed-Use Property in Growing Neighborhood

      Five residential units plus storefront in a growing neighborhood.
      383 Avenue C, Bayonne, NJ 07002
      View Details
    • Contact for pricing

      Income-Producing Multifamily Property in Bayonne

      Fully occupied 5-family property in Bayonne, close to NYC.
      14 Cooper St, Bayonne, NJ 07002
      View Details
    • Contact for pricing
      11,700 SF

      Bayonne Multifamily Investment Opportunity

      16-unit multifamily property with rental upside in Bayonne, NJ.
      548 Avenue C, Bayonne, NJ 07002
      View Details
    • Contact for pricing

      Income-Producing Multifamily Property in Bayonne

      Fully occupied 5-family property near transit to NYC.
      14 Cooper St, Bayonne, NJ 07002
      View Details

    Similar Nearby for Lease

    • $2,700 /Mo

      Spacious Bayonne Apartment Available Now

      Three-bedroom apartment with updated features and convenient commuting options.
      363 Avenue, Bayonne, NJ 07002
      View Details
    • Contact for pricing

      Prime Retail Space in Bayonne

      Exceptional retail space in a vibrant Bayonne commercial district.
      20 Goldsborough Dr, Bayonne, NJ 07002
      View Details
    • Contact for pricing
      1,500 SF

      Available Retail/Office/Restaurant Space

      1,500 SF space suitable for retail, restaurant, or office.
      1086 Avenue C, Bayonne, NJ 07002
      View Details
    • Contact for pricing

      Bayonne Commercial Space Available

      Commercial space available for rent in Bayonne, New Jersey.
      493 Broadway, Bayonne, NJ 07002
      View Details
    • Contact for pricing
      26,672 SF

      Retail Space in Bayonne Center

      Community shopping center space available in Bayonne, New Jersey.
      185-197 E 22Nd St, Bayonne, NJ 07002
      View Details
    • Contact for pricing

      Broadway Retail/Office Space Available

      567 SF retail/office space on Broadway available for rent.
      212 Broadway, Bayonne, NJ 07002
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 Flagship St
    Bayonne, NJ 07002
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1 Flagship St, Bayonne, NJ, 07002
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!