Commercial space For Sale in Bayonne, NJ
 

MLS# : 240018335

Street : 520 BROADWAY
Price : $2,400,000
Town : Bayonne, NJ 07002
Annual Taxes : $23,326

PROPERTY DETAILS

PROPERTY DESCRIPTION

Prime time opportunity awaits! In this investor's dream you will find an oversized, brick corner property in an ideal centralized location consisting of four commercial storefronts, as well as five residential rentals above. Property also includes parking in rear of building. Situated on the main drag in the heart of town with abundant pedestrian and vehicle traffic allowing for utmost visibility. Nearby to various other businesses including restaurants and shopping as well as just a short distance from major transportation, including the Hudson Bergen Light Rail and multiple hospitals. This is the one you have been waiting for- add it to your portfolio today!

Amenities

This listing is a courtesy of KELLER WILLIAMS CITY LIFE JC REALTY
201-433-1111 office, listing agent CHRISTOPHER PIECHOCK

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.
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
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

PRICE INDEX

Average Price* (12mo):  $298,351
Apatments Sold* (12mo):  53
PRICE INDEX
APARTMENT SALES

Bayonne, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX

 

Download Full Apartment Sales Report

REAL ESTATE TAXES

General Tax Rate (2023):  2.682%
Effective Tax Rate (2023):  2.000%
GENRAL TAX RATE - Bayonne, NJ



MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Sales Associate
201-724-6913 (cell)

Madisom Adams Sales Associate Carmela Maggio


Licensed as Marek Zagorski
Broker
201-478-3185 (cell)

Madisom Adams Broker Marek Zagorski


Sales Associate
917-863-6560 (cell)

Madisom Adams Sales Associate Cindy Chiashin Shih


Real estate inventory
Bayonne
Homes : $469,999 - 1,495,000 22 avail
Condos : $169,900 - 620,000 21 avail
Co-ops : $239,000 - 262,500 2 avail
Twnhs : $599,000 - 599,000 1 avail
2-4 Fam : $499,000 - 1,300,000 20 avail
5+ Fam : $1,999,900 - 1,999,900 1 avail
Land : $250,000 - 749,000 3 avail
Rentals : $1,750 - 3,250 9 avail
Mixd Use : $1,999,900 - 1,999,900 1 avail
Com S : -
Com L : -
Biz : -


Similar Listings in Bayonne

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 11/21/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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Madison AdamsTM

84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201 760-1100 (office)
201 760-1102 (fax)
office@madisonadams.com