Mixed-Use Deal *

  • $899,000
  • $1,200,000/ARV
Broadway, Bayonne, New Jersey, 07002
For Sale New
Mixed-Use Deal *
Broadway, Bayonne, New Jersey, 07002
  • $899,000
  • $1,200,000/ARV

Overview

Property ID: 31123
  • Commercial, Multi-Family
  • Property Type
  • 8
  • Bedrooms
  • 4
  • Bathrooms
  • 4185
  • sqft
  • 1925
  • Year Built
  • 31123
  • Property ID

Description

The buyer will pay a 3% commission for this deal.

We are excited to present an exceptional investment opportunity in the heart of Bayonne, New Jersey. This mixed-use property offers a strong potential for cash flow and value appreciation, featuring four residential two-bedroom units and one commercial unit.

Property Details:

– Residential Units: 4 x Two-Bedroom Apartments
– Current Rent: $875/month per unit (unleased)
– Market Rent: $1,900/month per unit
– Heating: Electric heat with separate units for each apartment
– Total Current Rental Income: $3,500/month

– Commercial Unit: 1 x Commercial Space
– Current Rent: $1,700/month
– Market Rent: $3,500/month
– Heating: Gas with separate heat and hot water

Total Current Monthly Income: $5,200
Potential Market Monthly Income: $11,100

  • Address Broadway, Bayonne, New Jersey, 07002
  • County Hudson
  • State/county New Jersey
  • Zip/Postal Code 07002
  • City Bayonne

Contact Information

Enquire About This Property

Details

Updated on February 12, 2025 at 2:23 am
  • Property ID: 31123
  • Price: $899,000
  • Property Size: 4185 sqft
  • Bedrooms: 8
  • Bathrooms: 4
  • Year Built: 1925
  • Property Type: Commercial, Multi-Family
  • Property Status: For Sale

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