North Bergen, NJ 07047,6311 KENNEDY BLVD
North Bergen, NJ 07047,6311 KENNEDY BLVD
North Bergen, NJ 07047,6311 KENNEDY BLVD
24
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$1,100,000
Est. payment /mo
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5 Beds
4 Baths
New

6311 KENNEDY BLVD North Bergen, NJ 07047

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Jonathan Greene

Jonathan Greene

+1(973) 873-0734

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260000856

Bedrooms 5

Full Baths 4

HOA Fees $3/mo

Annual Tax Amount $14,680

Tax Year 2023

Property Sub-Type 3 Family

Property Description

6311 Kennedy Boulevard — Prime Mixed-Use Investment with Full Lot Coverage in North Bergen. An exceptional opportunity to acquire a fully occupied, semi-detached three-family plus two-commercial mixed-use property in the heart of North Bergen, one of the fastest-growing municipalities in the New York metro area. This rare offering sits on a 25' x 110' lot with full lot coverage, maximizing buildout and future development potential — an ideal scenario for both investors seeking steady cash flow or developers pursuing long-term value-add opportunities. Currently generating $99,000 in annual rental income and delivering a 5.64% CAP rate, 6311 Kennedy Boulevard presents near-term upside with minimal capital investment. With approximately $4,000 in upgrades per residential unit, projected income rises to $117,817 annually, increasing returns to a 7.35% CAP rate. Positioned along the highly trafficked Kennedy Boulevard corridor, the property benefits from strong visibility and accessibility. It's strategically located near major commuter routes, NJ Transit bus lines, Viktor Kilken Field, and a vibrant mix of retail, dining, and neighborhood amenities — making it both a reliable income generator and a compelling long-term asset in the evolving Hudson County market. Detailed Investment Return Analysis available upon request. Qualifies for non-commercial financing through program at CrossCountry Mortgage.

Location

State NJ

County Hudson

Area North Bergen

Rooms

Basement None

Interior

Heating A/C Window, Steam

Cooling A/C Window, Steam

Exterior

Exterior Feature Brick

Parking Features None

Listed by COMPASS NEW JERSEY, LLC

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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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