Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Hoboken, NJ 07030

    • Retail properties
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details

    Property type
    Retail properties

    Description

    This exceptional retail property presents a unique investment opportunity in the vibrant city of Hoboken, New Jersey. Priced at $675,000, this offering represents a chance to acquire a well-situated commercial space in a thriving market. While the exact square footage is currently unavailable, the property's location within Hoboken guarantees high visibility and foot traffic, making it ideal for a variety of retail businesses. The property is situated on a lot of zero acres, suggesting a compact but strategically positioned space. The property type is classified as retail, indicating its suitability for businesses directly engaging with consumers. Given the price point and location in Hoboken, this property is expected to attract significant interest from prospective buyers seeking a foothold in this dynamic New Jersey city. Further details regarding the precise dimensions and internal layout of the space are available upon request. This is an excellent opportunity for entrepreneurs and investors alike to establish or expand their retail presence in a highly desirable and densely populated area. The lack of specific square footage information underscores the need for a thorough on-site inspection to fully assess the property's potential. Interested parties are encouraged to schedule a viewing to determine the suitability of this space for their specific business needs. The asking price reflects the significant potential for return on investment in this prime Hoboken location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hoboken
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.0459
    Latitude
    40.7356

    Comparable in this City

    • Value Estimation by Request
      2,210 SF

      235 Hudson St

      Individual retail properties • 2,210 SF
      235 Hudson St, Hoboken, NJ 07030
      View Details
    • Value Estimation by Request

      205 12Th St

      Retail properties
      205 12Th St, Hoboken, NJ 07030
      View Details
    • Value Estimation by Request

      115 Grand St

      Medical offices
      115 Grand St, Hoboken, NJ 07030
      View Details
    • Value Estimation by Request
      10,000 SF

      133 Jackson St

      Day care centers • 10,000 SF
      133 Jackson St, Hoboken, NJ 07030
      View Details
    • Value Estimation by Request
      301,778 SF

      205 Hudson St

      Retail properties • 301,778 SF
      205 Hudson St, Hoboken, NJ 07030
      View Details
    • Value Estimation by Request
      17,886 SF

      333 River St

      Individual retail properties • 17,886 SF
      333 River St, Hoboken, NJ 07030
      View Details

    Similar Nearby for Sale

    • $2,999,999
      5,119 SF

      Hoboken Commercial Development Opportunity

      Prime Hoboken location, mixed-use potential.
      61 Paterson Ave, Hoboken, NJ 07030
      View Details
    • Contact for pricing

      Prime Hoboken Retail Condo For Sale

      Commercial condo in downtown Hoboken with high visibility and foot traffic.
      225 Washington St, Hoboken, NJ 07030
      View Details
    • Contact for pricing

      Prime Hoboken Retail Condo

      Commercial condo on Washington Street with high visibility and foot traffic.
      225 Washington St, Hoboken, NJ 07030
      View Details
    • $450,000

      Established Ice Cream Business Opportunity

      Turnkey ice cream business for sale in Hoboken's Heights.
      1122 Washington St, Hoboken, NJ 07030
      View Details
    • $524,000

      Hoboken Retail Space Investment

      Commercial corner unit with long-term lease in Hoboken.
      1200 Grand St, Hoboken, NJ 07030
      View Details
    • Contact for pricing

      Hoboken Commercial Building with Restaurant Potential

      Three-level commercial building with finished basement, ideal for restaurant use.
      155 3Rd St, Hoboken, NJ 07030
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      12,000 SF

      Hoboken Office Space for Lease

      Modern Hoboken office suites, flexible terms.
      258 Newark St, Hoboken, NJ 07030
      View Details
    • Contact for pricing
      301,778 SF

      Hoboken Retail Space: Prime Location

      650 SF Retail Space, Hoboken, NJ
      205 Hudson St, Hoboken, NJ 07030
      View Details
    • $90 SF/Yr
      5,000 SF

      Hoboken Retail Space: 5,000 SF

      Prime Hoboken retail space, 5,000 sq ft, divisible.
      93-95 Hudson St, Hoboken, NJ 07030
      View Details
    • $6,345 /Mo

      Historic Hoboken Retail/Office Space

      Unique 905 SF space in vibrant Hoboken location.
      12 Hudson Pl, Hoboken, NJ 07030
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space Near ShopRite

      Retail space in upscale community, opposite ShopRite, near transit.
      800 Madison St, Hoboken, NJ 07030
      View Details
    • Contact for pricing
      4,876 SF

      Retail Space in Downtown Hoboken

      Retail space for lease in the heart of Hoboken.
      316 Washington St, Hoboken, NJ 07030
      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.
    Hoboken, NJ 07030
    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

    Google sign-in failed. Please try again or use another login method.