Investment Overview

Marcus & Millichap is pleased to present the exceptional mixed-use investment opportunity located at 2531 John F. Kennedy Boulevard in North Bergen, New Jersey. Ideally positioned at Kennedy Boulevard & 26th Street, the property is directly accessible from Route 495 with immediate access to the Lincoln Tunnel and Midtown Manhattan. Situated on a prime corner location within a high-visibility retail corridor, the property benefits from strong traffic counts and outstanding connectivity to New York City, making it highly attractive to commuters and residents alike. The asset features a desirable mix of spacious two- and three-bedroom apartments, catering to commuter and family tenants seeking convenient access to Manhattan while enjoying the comfort of larger unit layouts. The strong residential unit mix supports consistent tenant demand in this transit-oriented submarket. Additionally, the property offers the potential for four on-site parking spaces—a rare and valuable amenity in this densely populated area—further enhancing its appeal and competitive positioning. This offering also presents a significant value-add opportunity, with over 80 percent upside in apartment rents available through strategic repositioning. As a result, potential investors can unlock substantial income growth while capitalizing on the property’s irreplaceable location. With its prime corner exposure, commuter-friendly access, and meaningful rental upside, this property represents a compelling opportunity for investors seeking both stability and long-term appreciation.