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$ 750,000
Est. payment /mo
Open Sun 12PM-2PM
196 BROADWAY Bayonne, NJ 07002
7 Beds
4 Baths
Open House
Sun Jun 07, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260010743
Bedrooms 7
Full Baths 3
Half Baths 1
HOA Fees $3/mo
Annual Tax Amount $10,126
Tax Year 2025
Lot Dimensions 25X91.7
Property Sub-Type 3 Family
Property Description
Exceptional mixed-use investment opportunity in the heart of Bayonne's vibrant Village District. This well-maintained three-unit property with features a highly visible commercial storefront at street level and two spacious residential apartments, offering an ideal blend of stable income and future upside. Generating a cap rate well above 6.5% at average market rents, this presents a compelling opportunity for both investors and owner-occupants. Both apartments will be delivered vacant, providing immediate flexibility to maximize rents, occupy a unit, or customize the space to suit your investment strategy. The residential apartments are in great condition with generous layouts, highlighted by an expansive top-floor duplex featuring oversized rooms and abundant living space rarely found in today's market. The commercial storefront benefits from strong pedestrian visibility and consistent neighborhood activity. Located in Bayonne's sought-after Village District, residents and business owners alike enjoy being surrounded by an eclectic mix of cafés, restaurants, boutiques, bookstores, art galleries, and local businesses that give the neighborhood its unique character and appeal. Convenient access to transportation, major highways, and nearby waterfront destinations further enhances the property's desirability.
Location
State NJ
County Hudson
Area Bayonne
Rooms
Basement Full, Unfinished, Walk-Out
Interior
Heating A/C Window, Baseboard, Gas
Cooling A/C Window, Baseboard, Gas
Exterior
Exterior Feature Other-See Remarks
Parking Features None
Listed by SERHANT NEW JERSEY LLC
Nearby Locations