Commercial space For Sale in Bayonne, NJ
 

MLS# : 240020834

Street : 13 WEST 52ND ST
Price : $1,200,000
Town : Bayonne, NJ 07002
Annual Taxes : $15,782

PROPERTY DETAILS

PROPERTY DESCRIPTION

Nestled within the emerging uptown district of Bayonne, NJ, Hudson County, 13 West 52nd Street presents a unique investment opportunity: a six-family home that epitomizes the blend of steady income potential and community lifestyle. Priced at only $200,000 per door, this property represents an attractive proposition for both the seasoned investor and the new entrant looking to make a mark in the real estate market. The structure of this multi-unit dwelling echoes the robust character of Bayonne, with a sturdy façade that commands presence while harmoniously fitting into the fabric of the neighborhood. The building has been conscientiously maintained, reflecting a standard of care that potential tenants or buyers will find reassuring. Within, each of the six apartments offers spacious layouts that are both functional and adaptable to a variety of living situations. The rooms are well-proportioned with an open floor plan, allowing for creative furnishing and personalization that will enable tenants to feel truly at home. Kitchens within each unit are practical and serviceable, offering the necessary amenities for daily life and presenting the opportunity for enhancement to add value. The bathrooms, too, are well-maintained, offering a clean and functional space. The location of 13 West 52nd Street is particularly noteworthy. Bayonne is a city with a dynamic pulse, known for its strong community bonds, burgeoning local economy, and easy access to the broader New Jersey and New York areas. This property is well-positioned to benefit from the city's growth, with local schools, parks, and shopping all within convenient reach for residents. As an investment, this six-family home is positioned to generate significant interest. The appeal of Bayonne, combined with the inherent value of a multi-family dwelling, makes 13 West 52nd Street a noteworthy addition to any real estate portfolio. For those looking to take a strategic step into real estate investment, or for the veteran investor aiming to expand their holdings, this property offers a blend of potential and positioning that is rare to find.

Amenities

This listing is a courtesy of VINCOVA VILNOVA REAL ESTATE
201-733-2227 office, listing agent GEORGE J VINC

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):  $524,599
Homes Sold* (12mo):  82
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):  $293,709
Apatments Sold* (12mo):  58
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
201-725-1170 (cell)

Madisom Adams Sales Associate Juan Carlos Guevara


Sales Associate
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Madisom Adams Sales Associate Cindy Chiashin Shih


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Madisom Adams Sales Associate Henry A. Washington


Real estate inventory
Bayonne
Homes : $400,000 - 1,495,000 20 avail
Condos : $169,900 - 620,000 18 avail
Co-ops : $239,000 - 262,500 2 avail
Twnhs : $599,000 - 599,000 1 avail
2-4 Fam : $499,000 - 1,300,000 18 avail
5+ Fam : $1,999,900 - 1,999,900 1 avail
Land : $250,000 - 749,000 4 avail
Rentals : $2,000 - 3,250 3 avail
Mixd Use : $1,999,900 - 1,999,900 1 avail
Com S : -
Com L : -
Biz : $850,000 - 850,000 1 avail


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: 11/12/2024 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