Six-Unit Brick Apartment
For Sale
Contact for pricing
Pending
137 W 54th St, Bayonne, NJ 07002
Mostly vacant multifamily property with renovated units and additional value through cosmetic improvements.
Property SizeContact for details
Days on Market145
Property Features for 137 W 54th St
General Information
Standard status
Pending
Property subtype
Retail
Property Condition
Severity
Repairs Needed
Evidence
simple cosmetic upgrade
Additional Details
Utilities to Site
Yes
Multifamily Units
6
Building Details
Buildings
1
Construction
brick
Listing Agency:
Prominent Properties Sotheby's International Realty Hoboken
Listed By:
Tarek Hassieb · License #NJ 1648869
(201) 396-8447
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Sep 1 at 8:51AM
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 Prominent Properties Sotheby's International Realty Hoboken
Investment Insights
Based on property information with market context.
This six-unit brick apartment building at 137 W 54th St in Bayonne, NJ is expected to be delivered mostly vacant. Two apartments have undergone full renovations, while the other four require cosmetic updating. The property has remained under family ownership for decades and has been maintained during that period.
Residents are responsible for their own utilities, including heat and water. Projected income indicates potential for a cap rate above 9%. The unit count, partial renovation program, and mostly vacant delivery provide a clear basis for evaluating the property’s current condition and future operating profile.
Residents are responsible for their own utilities, including heat and water. Projected income indicates potential for a cap rate above 9%. The unit count, partial renovation program, and mostly vacant delivery provide a clear basis for evaluating the property’s current condition and future operating profile.
Key Highlights
- Six‑unit brick apartment building at 137 W 54th St, Bayonne, NJ
- Mostly delivered vacant
- Two units fully renovated
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
935
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Mostly vacant multifamily property with renovated units and additional value through cosmetic improvements.
Where is this apartment building located?
The property is located at 137 W 54th St Bayonne, NJ.
What are key features of this property?
This property features: Six‑unit brick apartment building at 137 W 54th St, Bayonne, NJ; Mostly delivered vacant; Two units fully renovated
