2784 John F. Kennedy Blvd Jersey City, NJ 07306
This exceptional 1,835-square-foot storefront retail space is ideally situated at 2784 John F. Kennedy Boulevard in Jersey City, New Jersey, within the vibrant Journal Square neighborhood. Built in 1910, this property sits on a 0.07-acre lot and presents a compelling investment opportunity in one of New Jersey's fastest-growing areas. The location benefits from its proximity to the Journal Square 2060 Redevelopment Zone, a rapidly expanding area with thousands of residential units approved and under construction. This translates to a strong and growing customer base. The property boasts superior demographics, with a 3-mile radius encompassing 379,000 residents and an average household income of $139,000. A remarkable Walk Score of 98 underscores the convenience of this location, making daily errands easily accessible without a vehicle. Furthermore, the property enjoys excellent access to major transportation arteries, including the Journal Square PATH station (a seven-minute walk), the Holland Tunnel, Interstate 87, and the New Jersey Turnpike. High daily traffic counts of approximately 23,000 vehicles further enhance the property's visibility and potential. The asking price for this prime retail storefront is $3,300,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.