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2840 John F Kennedy Blvd 10,310 SF 100% Leased Retail Building Jersey City, NJ 07306 For Sale
INVESTMENT HIGHLIGHTS
- Prime Journal Square Location
- Redevelopment Opportunity
- Heavy Foot Traffic
- Transit-Oriented
- Value-Add
- Neighboring Developments
EXECUTIVE SUMMARY
This commercial property spans over 10,000 square feet, with a lot size of more than 5,000 square feet. It features 43 feet of prime frontage on Kennedy Boulevard, stretching 107 feet deep and 50 feet wide in the rear—perfectly positioned for visibility and access. The building is currently occupied by under-market tenants on short-term leases, offering immediate potential to increase rental income or redevelop the site entirely.
Situated in the JSQ 2060 Redevelopment Plan Zone 3 – Commercial Center, this property allows as-of-right development of up to 8 stories on a 5,000 square foot footprint—ideal for commercial use on the ground floor and apartments above. Located just steps from the Journal Square PATH Station, which sees an average of 34,000 riders per day, this site benefits from nonstop pedestrian traffic and direct access to Downtown Jersey City in 10 minutes and Manhattan in just 15.
Journal Square is undergoing a major transformation, with over 22,000 new residential units recently built or currently in the pipeline—fueling strong demand for both commercial and residential space.
Whether you’re an investor, developer, or operator, 2840 Kennedy Boulevard is your gateway to growth in Journal Square.
Situated in the JSQ 2060 Redevelopment Plan Zone 3 – Commercial Center, this property allows as-of-right development of up to 8 stories on a 5,000 square foot footprint—ideal for commercial use on the ground floor and apartments above. Located just steps from the Journal Square PATH Station, which sees an average of 34,000 riders per day, this site benefits from nonstop pedestrian traffic and direct access to Downtown Jersey City in 10 minutes and Manhattan in just 15.
Journal Square is undergoing a major transformation, with over 22,000 new residential units recently built or currently in the pipeline—fueling strong demand for both commercial and residential space.
Whether you’re an investor, developer, or operator, 2840 Kennedy Boulevard is your gateway to growth in Journal Square.
DATA ROOM Click Here to Access
PROPERTY FACTS Under Contract
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
10,310 SF
Building Class
C
Year Built
1923
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.99
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
JSQ 2060 - JSQ 2060
Redevelopment Zone
Frontage
43’ on Kennedy Blvd
AMENITIES
- Freeway Visibility
- PATH
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-10602-0000-00003 | Improvements Assessment | $3,140,300 |
| Land Assessment | $486,400 | Total Assessment | $3,626,700 |
PROPERTY TAXES
Parcel Number
06-10602-0000-00003
Land Assessment
$486,400
Improvements Assessment
$3,140,300
Total Assessment
$3,626,700
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2840 John F Kennedy Blvd
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