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    51 Prospect Ave Bayonne, NJ 07002

    For Sale
    $1,200,000

    Investment - Bayonne, NJ

    Days on Market:
    18
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 51 Prospect Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Floors in Building
    3
    Number of units
    6
    Architectural style
    Other

    Keller Williams City Life Realty (201) 659-8600 [email protected]

    Listing agent CHRISTOPHER PIECHOCKI (201) 659-8600 License #0233094

    Listing date Nov 19, 2025

    MLS# 250023698 Listing URL

    Copyright © 2025 Hudson County Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Bayonne Multifamily Investment Opportunity

    This well-maintained 6-family building presents an investment opportunity in a major development zone. The property is located one block from the Light Rail and is surrounded by a mix of residential properties. Shopping, transportation, and schools are located nearby. Each of the six units features a 2-bedroom, 1-bath layout. The building offers both long-term potential and immediate income-producing value in a neighborhood poised for continued growth.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bayonne
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.1157162
    Latitude
    40.6613595

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 6-family building near light rail in growing development zone.
    Where is this apartment building located?
    The property is located at 51 Prospect Ave Bayonne, NJ.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Immediate income-producing 6-family building; - Located in a major development zone; - One block from the Light Rail
    (201) 659-8600
    Request Owner's contact information
    51 Prospect Ave Bayonne, NJ 07002
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    Bayonne, NJ 07002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    51 Prospect Ave Bayonne, NJ 07002
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