Entity Owned Property summary
AI-generated overview
This exceptional industrial property, located at 2011 8th Street in North Bergen, New Jersey, offers a prime opportunity for businesses seeking flexible manufacturing or distribution space. The building totals 50,000 square feet and features multiple tenancies, allowing for a variety of lease options. Currently, there are 6,500 square feet of vacant space available, divisible into units ranging from a minimum of 1,100 square feet to a maximum contiguous space of 3,000 square feet. The property boasts a 9-foot ceiling height, providing ample vertical space for storage and operations. Situated in Hudson County, this strategically located facility offers easy access to major transportation routes, making it ideal for efficient logistics and distribution. The property's address is 2011 8th Street, Jersey City, NJ 07306. This is a fantastic opportunity to secure high-quality industrial space in a thriving New Jersey market. Contact us today to learn more about lease terms and availability. The property is zoned for manufacturing and distribution uses.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2003
Zoning code
I
APN
08 00001-0000-00002-0000-T02
UPID
US59-2194006
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
-
Big Box & Wholesale Store Food Market
-
Auto Repair Shop
-
Auto Repair Shop
-
Grocery & Convenience Store Distribution Center
-
Auto Repair Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.35M
Owner & transaction history
since 2022
Last sale
$7.7M
1 recorded transaction
Zoning & alternative use
I · North Bergen, NJ
Zoning description
The purpose of this zone to promote industrial uses
General category
INDUSTRIAL
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$10.35M
Value range
$9.31M – $11.38M
±10% around blend
Confidence
Property data
63
Market benchmarks
100
Comparable evidence
60
$9.31M
blend $10.35M
$11.38M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
Year built
2003
APN
08 00001-0000-00002-0000-T02
Zoning
I
Assessed value
$424,400
Annual tax
$6,701
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$10.35M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 74 sales
$290
N/A
Submarket 74 sales
$290
N/A
County 518 sales
$275
N/A
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
Not available
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$7.70M
Move the market yield to see immediate price impact.
Value / SF
N/A
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$485k
$9.70M
$6.93M
$5.39M
$539k
$10.78M
$7.70M
$5.99M
$593k
$11.86M
$8.47M
$6.59M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$6,701
Tax year 2022
Assessed value
$424,400
Assessed 2023
Previous assessed
$424,400
+0.0% YoY
Effective rate
1.58%
On assessed value
Assessed improvement
$424,400
Improvement market value
$424,400
Total market value
$424,400
Applied tax rate
8.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2003
Heating
NONE
Units
1
Zoning code
I
APN
08 00001-0000-00002-0000-T02
UPID
US59-2194006
Jurisdiction
HUDSON
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
I · North Bergen, NJZoning I · permitted uses
I · North Bergen, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of this zone to promote industrial uses
General category
INDUSTRIAL
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Units
1
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
I
INDUSTRIAL
Jurisdiction
North Bergen, NJ
Recorded code
I
Official district
I
Official district profile
What the municipal code says about I
Zoning description
The purpose of this zone to promote industrial uses
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I in North Bergen, NJ.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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