You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

300 Observer Hwy Hoboken, NJ 07030-8410

OFF-MARKET Industrial properties Google Maps
2.96 ac lot
Entity Owned 11-yr Hold ~ Est. High Equity
Estimated value (blended)
$215k
Range $194k – $237k (±10%)
Property ID US59-1603907

Property summary

AI-generated overview

This exceptional Hoboken, NJ industrial property, the Neumann Leather Building at 300 Observer Highway, offers 117,000 square feet of flexible and distribution space. The building, a Class B property constructed in 1900, is currently multi-tenant and features spaces ranging from 1,176 to 5,047 contiguous square feet, with 9,135 square feet currently vacant. Amenities include elevators and key-coded restrooms for tenant use. Its prime location provides convenient access to Manhattan via a 7-minute walk to the PATH train, and is also near Hoboken Terminal, Secaucus Junction, and other NJ Transit commuter rail lines. Ideal for artists and light industrial businesses, this historic Hoboken landmark offers a unique blend of character and modern convenience. Located in Hudson County, this property presents a compelling opportunity for businesses seeking flexible space in a vibrant and well-connected urban setting. The property's address is 300 Observer Highway, Hoboken, NJ 07030. This is a rare opportunity to secure space in a well-established building with excellent transportation links.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction BRICK
Lot 2.96 ac (128,783 SF)
Zoning code I-2
APN 05 00002-0000-00012
UPID US59-1603907

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$215k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2014
5 recorded transactions
2014
$25.0M
2014
$25.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I-2 · Hoboken, NJ
Zoning description

sinesses: Medical Cannabis Dispensaries Cannabis Retail for Adult Use Cannabis Wholesale Operations Cannabis Delivery Services Cannabis Consumption License Cannabis businesses are permitted in the C-1, C-2, C-4, I-1 and…

General category MIXED_USE

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 300 Observer Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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