For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

1102 Avenue, Unit C Bayonne Bayonne, NJ 07002

Loading data...
Loading data...
Loading data...
For Sale
$849,000

Three-story mixed-use property with apartments and commercial space in Bayonne.

Property Features for 1102 Avenue

General Information

Standard status
Active

Source: WEICHERT REALTORS Agent BEVERLY CARABALLO

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mixed-Use Property in Growing Bayonne

This three-story mixed-use property is located in Bayonne, New Jersey. The building includes two three-bedroom apartments and a ground floor commercial space. The commercial space is currently leased to a long-term tenant. The property has a current cap rate of 6.3%, with potential for further enhancement. The second-floor apartment is on a month-to-month lease, presenting an opportunity to adjust terms to market rates. The ground floor commercial unit is zoned for food preparation and is occupied by a thriving business with a long-term lease, ensuring stable income. Bayonne's real estate market is on the rise, making it an attractive location for investors and residents alike due to its close proximity to New York City. Bayonne offers various transportation options into NYC including NJ Transit, facilitating easy travel to and from Manhattan. This property offers stable income and the potential to increase returns.
Insight Report Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Bayonne
County
Hudson
State
New Jersey
Longitude
-74.098959
Latitude
40.682159

FAQs

What type of property is this?
Mixed-use property - Three-story mixed-use property with apartments and commercial space in Bayonne.
Where is this mixed-use property located?
The property is located at 1102 Avenue, Unit C Bayonne Bayonne, NJ.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: - High Cap Rate: Current 6.3% cap rate offers solid investment returns.; - Stable Income: Ground floor commercial space leased to a long-term tenant.; - Income Growth Potential: Second-floor apartment on a month-to-month lease allows for rent adjustments to market rates.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message