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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7617 Kennedy Blvd North Bergen, NJ 07047-4024

    • Office buildings
    • 3,762 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimations
    $820,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US59-3101539
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 7617 Kennedy Blvd

    Year built
    1915
    Lot size
    0.13 lot acres
    Property size
    3,762 SF
    Zone code
    C1
    Property type
    Office buildings
    APN
    08 00321-0000-00051
    APU
    800321000000051

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,025,000
      6.5%
      $945,000
      7%
      $875,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $866,000
      Market price range: $857k - $2.89M
      AI Estimate
      $644,000
      Market price range: $644k - $1.65M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    North Bergen
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.0128
    Latitude
    40.8026
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,403
    $385,100
    $192,500
    $577,600
    -
    $385,100
    $192,500
    $577,600

    Comparable in this City

    • Value Estimation
      $4,105,000
      14,022 SF

      7800 Riv Rd

      OFFICE BUILDING • 14,022 SF
      7800 Riv Rd, North Bergen, NJ 07047-6245
      View Details
    • Value Estimation
      $6,150,000
      14,022 SF

      7800 Riv Rd

      OFFICE BUILDING • 14,022 SF
      7800 Riv Rd, North Bergen, NJ 07047-6245
      View Details
    • Value Estimation
      $685,000
      6.99 Acres

      2500 Secaucus Rd

      OFFICE BUILDING • 6.99 Acres
      2500 Secaucus Rd, North Bergen, NJ 07047-1553
      View Details
    • Value Estimation by Request
      21,000 SF

      8701 Tonnele Ave

      Distribution properties • 21,000 SF
      8701 Tonnele Ave, North Bergen, NJ 07047
      View Details
    • Value Estimation by Request
      1,358 SF

      9226 Kennedy Blvd Ste, Unit 3

      CONDOMINIUM OFFICES • 1,358 SF
      9226 Kennedy Blvd Ste, North Bergen, NJ 07047-6586
      View Details
    • Value Estimation
      $565,000
      1,910 SF

      8305 Bergenline Ave, Unit 1

      CONDOMINIUM OFFICES • 1,910 SF
      8305 Bergenline Ave, North Bergen, NJ 07047-5058
      View Details

    Similar Nearby for Sale

    • $3,950,000
      20,000 SF

      North Bergen Industrial Manufacturing Facility

      20,000 SF Manufacturing Space - $3.95M
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    • $385,000

      Commercial Land on Bergenline Avenue

      Commercial land available for sale on Bergenline Avenue.
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      Riverview Specialty Property For Sale

      Specialty property available for purchase in North Bergen, NJ.
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    • $10,687,500

      Walgreens Retail Property For Sale

      Retail property available for sale, currently occupied by Walgreens.
      9255 Kennedy Blvd, North Bergen, NJ 07047
      View Details
    • $269,000

      Well-Maintained Co-Op with Skyline Views

      Spacious 2-bedroom co-op with NYC views and customization potential.
      8450 Boulevard E 1E, North Bergen, NJ 07047
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    • $1,250,000

      Well-Maintained Two-Family Home

      All-brick duplex with separate utilities in prime location.
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    Similar Nearby for Lease

    • Contact for pricing
      83,514 SF

      Class A Office Property

      300,000-SF Class A property with amenities for rent.
      5901 W Side Ave, North Bergen, NJ 07047
      View Details
    • $3,800 /Mo

      North Bergen Commercial Office Space

      1400 SQFT commercial office for rent in North Bergen.
      9060 Palisade Ave, North Bergen, NJ 07047
      View Details
    • $4,000 /Mo

      Bergenline Avenue Office Space Available

      Office space for rent on Bergenline Avenue in North Bergen.
      8419 1St Ave, North Bergen, NJ 07047
      View Details
    • $6,000 /Mo

      Prime Corner Commercial Space Available

      Commercial space for lease in thriving Bergenline location.
      7400 Floor & Basement, North Bergen, NJ 07047
      View Details
    • $15 SF/Yr
      100,000 SF

      North Bergen Executive Office/Warehouse Space

      100,000 SF Office & Warehouse Available
      8555 Tonnelle Ave, North Bergen, NJ 07047
      View Details
    • Contact for pricing
      7,200 SF

      North Bergen Medical Office Space

      Medical office space in a high-visibility, accessible location.
      7500 Bergenline Ave, North Bergen, NJ 07047
      View Details
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    7617 Kennedy Blvd
    North Bergen, NJ 07047-4024
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    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
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