Commercial space For Sale in Bayonne, NJ
MLS# : 240010424
Street : 1048 BROADWAY
Price : $1,200,000
Town : Bayonne, NJ 07002
Annual Taxes : $15,919
PROPERTY DETAILS
PROPERTY DESCRIPTION
Well maintained 6 unit brick building on a main street in the rapidly growing city of Bayonne. One unit is vacant currently the others are occupied with a potential income of 144k. Easy transportation right into NYC.
Amenities
This listing is a courtesy of EXP REALTY LLC
866-201-6210 office, listing agent JEFFREY KIST
About Bayonne, NJ Real Estate Market
Situated on a peninsula between Newark Bay, Kill Van Kull and New York Bay in the Gateway Region, Bayonne is a city located in Hudson County of New Jersey state. The city has more than 70,000 people living as residents and was originally formed as a township from the portions of Bergen Township in 1861. In 1869, Bayonne was established as a city by an act of the New Jersey Legislature, which also resulted in the replacement of Bayonne Township.
Apart from having houses belonging to New Jersey real estate, the other forces which drive the economy of Bayonne are traditional manufacturing, maritime activities and distribution. The Cape Liberty Cruise Port located in Bayonne is a part of the Port of New York and New Jersey. Originally inhabited by Native Americans, Bayonne was claimed by the Netherlands when Henry Hudson discovered the Hudson River and places around it.
Spanning over 11.09 square miles, Bayonne shares its borders with Jersey City and is connected to Staten Island by the Bayonne Bridge. The main places of interest in Bayonne are the Bayonne Bridge, which is the fifth-largest steel arch bridge in the world, Bergen Point and a bird sanctuary on Shooters Island.
Apart from having houses belonging to New Jersey real estate, the other forces which drive the economy of Bayonne are traditional manufacturing, maritime activities and distribution. The Cape Liberty Cruise Port located in Bayonne is a part of the Port of New York and New Jersey. Originally inhabited by Native Americans, Bayonne was claimed by the Netherlands when Henry Hudson discovered the Hudson River and places around it.
Spanning over 11.09 square miles, Bayonne shares its borders with Jersey City and is connected to Staten Island by the Bayonne Bridge. The main places of interest in Bayonne are the Bayonne Bridge, which is the fifth-largest steel arch bridge in the world, Bergen Point and a bird sanctuary on Shooters Island.
| Population: | 60,457 |
| Total Housing Units: | 22,712 |
| Single Family Homes: | 13,899 |
| Apartments: | 8,813 |
| General Tax Rate (2023): | 2.682% |
| Effective Tax Rate (2023): | 2.000% |
| Compare To Other Towns |
Bayonne Market Indicators
PRICE INDEX
| Average Price* (12mo): | $539,248 |
| Homes Sold* (12mo): | 77 |
PRICE INDEX
SINGLE FAMILY HOME SALES
Bayonne, NJ
SINGLE FAMILY HOME SALES
Bayonne, NJ
12 Month Moving Average
1 YR
2 YR
3 YR
5 YR
7 YR
MAX
PRICE INDEX
| Average Price* (12mo): | $298,351 |
| Apatments Sold* (12mo): | 53 |
PRICE INDEX
APARTMENT SALES
Bayonne, NJ
APARTMENT SALES
Bayonne, NJ
12 Month Moving Average
1 YR
2 YR
3 YR
5 YR
7 YR
MAX
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.682% |
| Effective Tax Rate (2023): | 2.000% |
GENRAL TAX RATE - Bayonne, NJ
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MADISON ADAMSTM
office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| Homes : | $475,000 - 1,495,000 | 20 avail |
| Condos : | $198,000 - 619,000 | 22 avail |
| Co-ops : | $262,500 - 262,500 | 1 avail |
| Twnhs : | $589,000 - 589,000 | 1 avail |
| 2-4 Fam : | $614,900 - 1,300,000 | 17 avail |
| 5+ Fam : | $1,999,900 - 1,999,900 | 1 avail |
| Land : | $349,900 - 749,000 | 2 avail |
| Rentals : | $2,000 - 3,250 | 6 avail |
| Mixd Use : | $1,999,900 - 1,999,900 | 1 avail |
| Com S : | - | |
| Com L : | - | |
| Biz : | - |
