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113 Washington St 6,672 SF 100% Leased Retail Building Hoboken, NJ 07030 $4,900,000 ($734.41/SF) 4.87% Cap Rate
EXECUTIVE SUMMARY
Rare Investment Opportunity Located Blocks to The PATH. Located in Hobokens Central Business District Featuring 2 Seperate Buildings On A 26 X 100 Foot Lot
113 WASHINGTON STREET: 5 Story Brick Building Consisting Of (10) Units, (8) Residential Units Plus (2) Retail Spaces
112 COURT STREET: 3 Story Brick Townhome Consisting of 4 Bedrooms, 2 Baths Plus 2 Car Garage
113 WASHINGTON STREET: 5 Story Brick Building Consisting Of (10) Units, (8) Residential Units Plus (2) Retail Spaces
112 COURT STREET: 3 Story Brick Townhome Consisting of 4 Bedrooms, 2 Baths Plus 2 Car Garage
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,672 SF
Building Class
C
Year Built
1920
Price
$4,900,000
Price Per SF
$734.41
Cap Rate
4.87%
NOI
$238,770
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Building FAR
2.55
Lot Size
0.06 AC
Zoning
C -2 - C-2 Zone Central Business District
Lot Size: 26 X 100
Frontage
26’ on Washington St
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (87)
Bike Score®
Very Bikeable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05-00212-0000-00004 | Total Assessment | $2,556,000 (2025) |
| Land Assessment | $1,170,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,386,000 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
05-00212-0000-00004
Land Assessment
$1,170,000 (2025)
Improvements Assessment
$1,386,000 (2025)
Total Assessment
$2,556,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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113 Washington St
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