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485 Marin Blvd Jersey City, NJ 07302

OFF-MARKET Retail properties & Spaces Google Maps
Estimated value
No estimation on file for this property yet.
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

Current use

Occupant on record · Public records
  • Apartment Building
  • Hotel & Motel
  • Dog Park
  • Park
  • Apartment Building

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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