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6245 Kennedy Blvd, North Bergen, NJ, 07047

--beds
--baths
--sqft
$1,265,000
--price/sqft
$8,667/moest. monthly cost
$346,680/yrincome needed

About This Home

A rare opportunity to acquire a fully leased, income-producing mixed-use asset in one of Hudson County's most sought-after locations. Situated on a high-visibility signalized corner along Kennedy Boulevard, one of North Bergen's busiest corridors with over 19,000 daily vehicles, this fully renovated 3,826 sq ft building delivers immediate cash flow with strong upside potential. The property features three residential apartments and one ground-floor commercial unit, all currently occupied. Each residential unit is a 2-bedroom, 1-bath apartment. The ground-floor retail space is leased to an established Mexican deli/grocery operation under a long-term commercial lease with annual escalations through 2028 and a 5-year renewal option, providing stability and predictability for any investor. One residential unit is currently on a month-to-month tenancy, offering flexibility for the next owner, whether to renegotiate at current market rates, execute a new long-term lease, or explore owner-occupancy. In today's North Bergen rental market, that flexibility is valuable. The building was fully renovated in 2023 and a brand new roof was installed in 2025. Prime location, minutes from the GWB, Lincoln Tunnel, I-95, I-495, and Routes 1 and 9. Surrounded by CVS, Dunkin', Starbucks, and Walgreens. North Bergen rent control is in place. Proforma numbers are estimates. Buyers are required to conduct their own due diligence.

Getting Around

93
WalkingWalker's Paradise
0
TransitVery Limited Transit
50
BikeBikeable

Schools

5/10
2/10
North Bergen High SchoolGrades 8-120.6 mi

Construction

Materials

  • Roof: Flat

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,396$76,752
Home Insurance *$434$5,208
Property Taxes $1,644$19,728
Electricity $193$2,318
Total$8,667$104,004
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$297,154/yr
40% on housing$260,010/yr
45% on housing$231,120/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07047$380
Hudson County$472

vs Homes Sold Last Month

Median $/sqft

ZIP 07047$438
Hudson County$411

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-21Listed for sale$1,265,000
2022-05-08Listing removed--
2022-01-03Price change$1,250,000
2021-07-22Listed for sale$1,450,000
2020-05-04Listing removed$60,000
2020-04-28Listed for sale$60,000

For Sale by Agent

AgentMeena Patel
BrokerageKeller Williams Village Square Realty

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