Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Updated Two-Family Home with Income Title is generated by Realmo AI

    230 Avenue A, Bayonne, NJ 07002

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $800,000

    Renovated 5BR, 2BA two-family home near transportation and amenities.

    Type:Multi Family
    Added:
    Apr 15, 2026
    Days on Market:
    30
    Last Refresh:
    Apr 11 at 6:18 am

    Property Features for 230 Avenue A

    General Information

    Standard status
    Active
    Property subtype
    Multi Family

    Building Details

    Year Built
    1968

    We can help!

    Listing Contact
    JUSTIN VITERITO

    Listing agent JUSTIN VITERITO

    Listing office Keller Williams Prosperity Realty

    Listing date Apr 15, 2026

    Source Elliman

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

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Prosperity Realty

    HighLights

    • Income Potential: Updated 2‑family home ideal for owner‑occupancy or investment property.
    • Updated and Move‑In Ready: Recently renovated units with two updated kitchens and modern finishes.
    • Convenient Location: Walking distance to light rail and bus transportation, and 2 minutes from the Bayonne Bridge.
    • Ample Parking: Parking for 4 cars, a rare and valuable bonus.
    • Finished Basement: Fully finished basement with plumbing ready for a future bathroom.
    • Recent Updates: Roof and siding just 1 year old; new windows in 2017.

    Overview

    This updated two-family home features a blend of comfort and income potential. The property includes 5 bedrooms and 2 full baths. A fully finished basement includes existing plumbing, ready for a future bathroom. Both units have been recently renovated and feature two updated kitchens with modern finishes. The first floor offers a 2-bedroom, 1-bath layout, while the second floor boasts a 3-bedroom, 1-bath unit. The roof and siding are approximately 1 year old, and the property includes a dedicated laundry area in the basement. New windows were installed in 2017. Parking is available for 4 cars. The property is located within walking distance to light rail and bus transportation and is approximately 2 minutes from the Bayonne Bridge. It is also close to shopping, dining, and houses of worship. This property is suitable for owner-occupancy with rental income or as an investment property.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Bayonne
    County
    Hudson
    State
    New Jersey
    Longitude
    -74.1335062
    Latitude
    40.6559922

    Nearby Similar for Sale

    • $1,500,000
      5,235 SF

      Mixed-Use Property in Growing Neighborhood

      Solid brick mixed-use property with residential and commercial income.
      383 Avenue C, Bayonne City, NJ 07002-5159
      View Details
    • $2,850,000

      Iconic Four-Level German Pub Restaurant

      Cherished corner property with rich history and architectural character.
      671 BROADWAY, Bayonne, NJ 07002
      View Details
    • $929,000

      Bayonne Two-Family Colonial Home

      Well-maintained two-family home with finished basement and oversized backyard.
      666 KENNEDY BLVD, Bayonne, NJ 07002
      View Details
    • $1,950,000
      12,750 SF

      Bayonne City Commercial Opportunity

      Commercial property near transportation with redevelopment potential in Bayonne City.
      757 Avenue C, Bayonne City, NJ 07002-2845
      View Details
    • $699,000

      Bayonne Mixed-Use Investment Opportunity

      Mixed-use property with retail space and residential unit in Bayonne.
      689 KENNEDY BLVD, Bayonne, NJ 07002
      View Details
    • $1,000,000

      Income-Generating Multifamily Property in Bayonne

      Income-producing multifamily property in Bayonne's vibrant Town Center.
      35 EAST 26TH ST, Bayonne, NJ 07002
      View Details
    • $759,000

      Well-Maintained Two-Family Home in Bayonne

      Income-producing property near transportation and amenities in Bayonne, NJ.
      12 WEST 10TH ST, Bayonne, NJ 07002
      View Details
    • $989,000

      Bayonne Two-Family Home with Rental

      Two-family home in Bayonne with rental income potential.
      287 AVENUE E, Bayonne, NJ 07002
      View Details
    • $825,000

      Uptown Bayonne Two-Family Home

      Well-maintained two-family home in a prime Uptown Bayonne location.
      31 WEST 48TH ST, Bayonne, NJ 07002
      View Details
    • $699,000

      Mixed-Use Property in Bayonne, NJ

      Mixed-use property with retail space and residential apartment.
      689 KENNEDY BLVD, Bayonne, NJ 07002
      View Details
    • $660,000

      Renovated Multi-Family in Bayonne

      Renovated multi-family property near light rail in Bayonne City.
      13 W 16Th St, Bayonne City, NJ 07002-3601
      View Details
    • $900,000

      Bayonne Two-Family Home For Sale

      Two-family home near parks, schools, and transportation.
      858 AVENUE C, Bayonne, NJ 07002-2922
      View Details

    FAQs

    What type of property is this?
    Duplex - Renovated 5BR, 2BA two-family home near transportation and amenities.
    Where is this duplex located?
    The property is located at 230 Avenue A Bayonne, NJ.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: Income Potential: Updated 2‑family home ideal for owner‑occupancy or investment property.; Updated and Move‑In Ready: Recently renovated units with two updated kitchens and modern finishes.; Convenient Location: Walking distance to light rail and bus transportation, and 2 minutes from the Bayonne Bridge.
    (973) 487-9118
    We can help!
    Listing Contact
    JUSTIN VITERITO
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    230 Avenue A, Bayonne, NJ 07002-1255
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!