This exceptional office space, located at 500 Kennedy Boulevard in Bayonne, New Jersey, presents a fantastic opportunity for businesses seeking a cost-effective and strategically positioned location. The property is offered at a highly competitive monthly lease rate of $1600. While the exact square footage isn't specified, the listing highlights the property's prime location on Kennedy Boulevard, offering excellent visibility and accessibility. This makes it ideal for a variety of businesses, from small startups to established companies seeking a satellite office or expansion space. The building's address suggests a location within a well-established commercial area, likely providing convenient access to transportation links, amenities, and other businesses. The absence of land acreage information indicates that this is likely an office space within a larger building or complex, rather than a standalone structure. Interested parties are encouraged to inquire further to obtain detailed specifications regarding square footage and building amenities. This represents a rare opportunity to secure a well-situated office space in Bayonne at an exceptionally attractive price point. Don't miss out on this chance to establish your business in a thriving and accessible location. Contact us today to schedule a viewing and explore the possibilities.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$610,089
6.5%
$563,159
7%
$522,934
Comparable approach
Method
Valuation
Relative Method
$425,429
Geo Method
$425,429
Alternative Use
Use
Valuation
Industrial / Distribution
$1,108,730
Retail / Commercial
$568,552
Mixed-Use / Specialty
$566,525
Hospitality / Lodging
$415,641
Office
$563,159
Institutional / Educational
$588,958
Residential Income
$689,080
Multifamily
$826,446
Automotive / Energy
$504,821
Parking / Income-Based Land
$174,208
Restaurant / Food Service
$294,654
Healthcare / Senior Housing
$580,961
Location Insight
City
Bayonne
County
Hudson
State
New Jersey
Latitude
40.6634
Longitude
-74.1249
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Kennedy Blvd Bayonne, NJ 07002
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Kennedy Blvd Bayonne, NJ 07002
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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