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    OFF-MARKET
    Retail properties & Spaces

    485 Marin Blvd, Jersey City, NJ 07302

    Property ID
    Property summary
    AI-generated overview

    This exceptional retail space, located at 485 Marin Blvd in Jersey City's vibrant Hamilton Park neighborhood, offers unparalleled visibility and accessibility. Boasting a prime corner location, this single-tenancy property benefits from significant daily traffic, with up to 80 feet of frontage exposed to an estimated 12,000 cars per day. The space, ranging from 1,266 to 1,528 square feet, is adaptable to various uses, including creative office, restaurant, general office, or medical. Its strategic placement is anchored by a nearby 18-story luxury residential building featuring 397 high-end rental units, ensuring a robust and growing customer base. Furthermore, its proximity to the Newport Mall, with its 131 stores, provides additional foot traffic and synergistic opportunities. Convenient access to public transportation, including the PATH and Light Rail, enhances its appeal. The Hamilton Park submarket has experienced significant population growth, showing an 18% increase since 2010, making this a compelling investment opportunity in a thriving area of Jersey City, NJ (zip code 07302). The property's flexible layout and prime location make it ideal for a variety of businesses seeking high visibility and a strong demographic presence.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • 485 Marin Apartment Building
    • Lotus Newport Hotel & Motel
    • Marin Green Dog park Dog Park
    • Marin Green Park
    • Trending Into A New Life Apartment Building
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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