5+ Mixed Use For Sale in Bayonne, NJ
MLS# : 24035915
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 two 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 any investor's portfolio.
Amenities
This listing is a courtesy of NU Level Estates
(551) 235-8935 office, listing agent Janetha Keaney
MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
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% |
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: 11/22/2024 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
