Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1637 John F. Kennedy Blvd North Bergen, NJ 07047
    Back to Search
    Property profile & analytics

    1637 John F. Kennedy Blvd North Bergen, NJ 07047

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

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 1637 John F. Kennedy Blvd

    Property type
    Office properties & Spaces
    Property subtype
    Medical Office Space

    Description

    This exceptional 1,200 square foot corner retail/office space in Jersey City, located at 1637 Kennedy Boulevard in Hudson County, presents a fantastic opportunity for medical or professional practices. The property features two convenient entrances, catering to patient and client accessibility. Inside, you'll find a well-designed layout including a spacious waiting area, several private offices perfect for consultations or individual work, one half-bathroom, and one full bathroom. Off-street parking is available for one to two vehicles, a significant advantage in this location. The space is ideal for a variety of medical uses or professional services. Tenants are responsible for all utilities. This single-tenancy property offers a turnkey solution for businesses seeking a comfortable and functional workspace in a high-traffic area. The building's corner location ensures excellent visibility and accessibility for potential clients. This is a rare opportunity to secure a well-appointed space in a desirable Jersey City location. Contact us today to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North Bergen
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.0973
    Latitude
    40.6974

    Comparable in this City

    • Value Estimation by Request
      4,000 SF

      7400 Bergenline Ave

      Medical Office Space • 4,000 SF
      7400 Bergenline Ave, North Bergen, NJ 07047
      View Details
    • Value Estimation
      $585,000
      3,297 SF

      8407 Kennedy Blvd

      DENTAL BUILDING • 3,297 SF
      8407 Kennedy Blvd, North Bergen, NJ 07047-4338
      View Details
    • Value Estimation by Request
      21,000 SF

      8701 Tonnele Ave

      Distribution properties • 21,000 SF
      8701 Tonnele Ave, North Bergen, NJ 07047
      View Details
    • Value Estimation
      $565,000
      1,910 SF

      8305 Bergenline Ave, Unit 1

      CONDOMINIUM OFFICES • 1,910 SF
      8305 Bergenline Ave, North Bergen, NJ 07047-5058
      View Details
    • Value Estimation by Request
      1,358 SF

      9226 Kennedy Blvd Ste, Unit 3

      CONDOMINIUM OFFICES • 1,358 SF
      9226 Kennedy Blvd Ste, North Bergen, NJ 07047-6586
      View Details
    • Value Estimation by Request

      7915 John F. Kennedy Blvd

      Office properties & Spaces
      7915 John F. Kennedy Blvd, North Bergen, NJ 07047
      View Details

    Similar Nearby for Sale

    • $1,990,000

      Prime Corner Commercial Building

      Commercial building on a busy corner with endless possibilities.
      7400 Bergenline Ave, North Bergen, NJ 07047
      View Details
    • $1,990,000

      Prime Corner Commercial Building

      Commercial building with endless possibilities in a thriving location.
      7400 Bergenline Ave, North Bergen, NJ 07047
      View Details
    • $4,179,999

      North Bergen Land Parcel For Sale

      25,000 sq ft land parcel ideal for development.
      6217 Meadowview Ave, North Bergen, NJ 07047
      View Details
    • $250,000
      1,200 SF

      Established Nail Salon in North Bergen

      Turnkey nail and spa salon with transferable lease in North Bergen.
      7502 Broadway, North Bergen, NJ 07047
      View Details
    • $4,179,999

      North Bergen Land Parcel For Sale

      25,000 sq ft land parcel ideal for development.
      6217 Meadowview Ave, North Bergen, NJ 07047
      View Details
    • $699,999

      North Bergen Mixed-Use Investment

      Mixed-use property with commercial space and residential apartment.
      4508 Bergen Tpke, North Bergen, NJ 07047
      View Details

    Similar Nearby for Lease

    • $3,500 /Mo

      Turnkey Spa/Medical Space Available

      Move-in ready spa/medical space with parking on Kennedy Boulevard.
      7633 Kennedy Blvd, North Bergen, NJ 07047
      View Details
    • Contact for pricing

      Turnkey Spa/Medical Space Available

      Move-in ready spa/medical space with private parking.
      7633 Kennedy Blvd, North Bergen, NJ 07047
      View Details
    • $8,000 /Mo

      Prime Corner Commercial Space Available

      Commercial space with endless possibilities in a thriving location.
      7400 1St Ave, North Bergen, NJ 07047
      View Details
    • Contact for pricing
      7,200 SF

      North Bergen Medical Office Space

      Medical office space in a high-visibility, accessible location.
      7500 Bergenline Ave, North Bergen, NJ 07047
      View Details
    • Contact for pricing

      Prime Corner Commercial Property

      Commercial property with endless possibilities in a thriving location.
      7400 Bergenline Ave, North Bergen, NJ 07047
      View Details
    • $3,500 /Mo

      Bergenline Avenue Commercial Space Available

      Prime corner location, ideal for various businesses.
      7400 Bergenline Ave, North Bergen, NJ 07047
      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.
    1637 John F. Kennedy Blvd
    North Bergen, NJ 07047
    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
    1637 John F. Kennedy Blvd, North Bergen, NJ, 07047
    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!