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2849 Kennedy Blvd 8,640 SF 100% Leased Retail Building Jersey City, NJ 07306 $4,815,924 CAD ($557.40 CAD/SF)
INVESTMENT HIGHLIGHTS
- Highly visible retail space available in the heart of Journal Square’s shopping district.
- Within a five minute walk to the Journal Square Path Station which sees an average of 240,155 riders per week.
- Steps from Hudson County Community College, serving approximately 18,000 students annually.
- Centrally located to major retail & residential development projects.
- Easily accessible by car to major highways including Route 139, NJ Turnpike, Route 1 & 9 and the Holland Tunnel.
- Walking distance to Jersey City Municipal Courts, a key civic destination with consistent daily traffic.
EXECUTIVE SUMMARY
Unique opportunity to lease or purchase in the heart of Journal Square. Surrounded by major mixed-use residential developments, including the 1,723-unit The
Journal, set to open in Q3 2025. Delivered fully vacant. Size: +/- 2,464 SF (Ground Floor)+/- 2,560 SF (2nd Floor) +/- 2,495 SF (3rd Floor).
Journal, set to open in Q3 2025. Delivered fully vacant. Size: +/- 2,464 SF (Ground Floor)+/- 2,560 SF (2nd Floor) +/- 2,495 SF (3rd Floor).
PROPERTY FACTS
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,640 SF
Building Class
B
Year Built
1920
Price
$4,815,924 CAD
Price Per SF
$557.40 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
1.42
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
3 - Commercial Center
Frontage
AMENITIES
- Bus Line
- Freeway Visibility
- Signage
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-10601-0000-00050 | Improvements Assessment | $1,072,051 CAD |
| Land Assessment | $331,708 CAD | Total Assessment | $1,403,760 CAD |
PROPERTY TAXES
Parcel Number
06-10601-0000-00050
Land Assessment
$331,708 CAD
Improvements Assessment
$1,072,051 CAD
Total Assessment
$1,403,760 CAD
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2849 Kennedy Blvd
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