Commercial space For Sale in Bayonne, NJ
MLS# : 240021898
PROPERTY DETAILS
PROPERTY DESCRIPTION
Seize the chance to own a fully occupied, income-generating 5-family property in the vibrant heart of Bayonne, NJ. This investment gem is ideally located within walking distance to trains, buses, and all major transportation lines into NYC, making it an attractive option for tenants and a high-demand asset for investors. This property features separate utilities and new boilers, ensuring low-maintenance operation and efficient management. Inside, you’ll find beautifully renovated 3-bedroom, 1-bath unit, along with four modernized 2-bedroom units, all outfitted with stainless steel appliances. Additional amenities include basement hookups for two washers and dryers, spacious backyard for tenant enjoyment, and a property clear of any oil tanks, verified by prior inspection documents. All certificates and inspections are fully up to date, ensuring compliance and peace of mind. This is the ideal addition to an investor's portfolio, providing strong rental income from day one with growth potential in a sought-after area. Don’t let this rare opportunity pass—schedule your viewing today!
Amenities
This listing is a courtesy of NU LEVEL ESTATES LLC
551-235-8935 office, listing agent JANETHA KEANEY
About Bayonne, NJ Real Estate Market
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 |
SINGLE FAMILY HOME SALES
Bayonne, NJ
PRICE INDEX
| Average Price* (12mo): | $298,351 |
| Apatments Sold* (12mo): | 53 |
APARTMENT SALES
Bayonne, NJ
REAL ESTATE TAXES
| General Tax Rate (2023): | 2.682% |
| Effective Tax Rate (2023): | 2.000% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
| 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 : | - |
