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Duplex with Finished Basement
New
For Sale
$1,200,000

1 GREGG LANE, Bayonne, NJ 07002

2 Family, Contemporary, Bayonne, NJ

Property SizeContact for details
Lot Size0.09 Acres
Days on Market4

Property Features for 1 GREGG LANE

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 5
Full bathrooms 3
Half bathrooms 2
Rooms Bedroom 2, Basement, Bathroom 2, Bedroom 3, Bathroom 5, Bathroom 1, Bedroom 1, Bedroom 5, Bathroom 3, Bedroom 4, Bathroom 4
Directions E.23RD & E.24TH STS
Subdivision Bayonne
Standard status Active
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 16284

Amenities

gas grill
cooking station
outdoor living areas
garden space
finished basement

Building Details

Architectural style Contemporary
Listing Agency: THE PROPERTY SHOP INC
Listed By: VICTORIA SUCATO · License #0567938
Added: Sep 24 Last Checked: Sep 27 at 2:06PM
MLS# 260019374

Copyright © 2026 Realty MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This contemporary duplex contains two six-room residences, each arranged with three bedrooms and 1.5 bathrooms. A finished basement adds an open area with tile floors, a gas fireplace, entertainment and office space, and an indoor dining area. Walk-out doors connect the lower level to the front and rear grounds, which include paver surfaces, outdoor seating areas, a gas grill and cooking station, and a garden. The property occupies a 4,000-square-foot corner lot.

Sr. Miriam Theresa Park and Nicholas Oresko School (P.S. 14) are directly across the street. The 22nd Street Light Rail Station is two blocks away, with Bayonne’s shopping and restaurant center nearby. Local destinations and major highways are accessible from the street.

Key Highlights

  • Two residences, each with 3 bedrooms and 1.5 bathrooms
  • Each residence has six rooms
  • Finished basement includes a gas fireplace, office area, entertainment space, and indoor dining area

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Nursing Home Computer & Electronic Repair (Bike/Boat/Book/etc) Store Veterinary Clinic Carpet & Flooring Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,459
Businesses Nearby

Demographics for 07002, NJ

71,686
Population
30,161
Households
2.4
Avg Household Size
38
Median Age
40%
College-Educated
91%
High-School Grad
5.8 sq mi
ZIP Area
12,360
Density / Sq Mi
$81,285
Median Household Income
$51,157
Median Earnings
$1,593
Median Rent
$446,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom residences sit above a finished lower level with direct access to outdoor living areas.
Where is this duplex located?
The property is located at 1 GREGG LANE 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: Two residences, each with 3 bedrooms and 1.5 bathrooms; Each residence has six rooms; Finished basement includes a gas fireplace, office area, entertainment space, and indoor dining area
More about this property
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