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Legal Two-Family Home
For Sale
$699,000

16 WEST 15TH ST, Bayonne, NJ 07002

Vacant at closing with unfinished basement, attic, and detached rear shed.

Property SizeContact for details
Days on Market12

Property Features for 16 WEST 15TH ST

General Information

Standard status Active
Property subtype 2 Family

Additional Details

Multifamily Units 2

Amenities

deep backyard
detached shed
Listing Agency: ELITE REALTORS OF NEW JERSEY
Listed By: G MEDINA
Source: Propertiesbysouthern
Added: Sep 17 Changed: Sep 26 Last Checked: Sep 26 at 12:14PM

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 ELITE REALTORS OF NEW JERSEY

Investment Insights

Based on property information with market context.

This legal two-family residence is arranged with 5 bedrooms and 2 full baths and is being offered in as-is condition. The home has historically functioned as a single-family residence, while the existing layout supports two-family use. An unfinished basement with high ceilings and an unfinished attic provide additional interior areas for future planning, subject to buyer due diligence and applicable requirements.

Outside, the property includes a deep backyard and a detached shed at the rear. The shed may be renovated or removed, depending on the buyer’s plans. The property will be delivered vacant at closing, allowing the next owner to evaluate occupancy, renovation, or rental use. Any required municipal certificates remain the buyer’s responsibility.

Key Highlights

  • Legal two‑family residence with 5 bedrooms and 2 full baths
  • Delivered vacant at closing
  • Unfinished basement with high ceilings

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Catering Service Real Estate Agency Carpet & Flooring Store Travel Agency (Bike/Boat/Book/etc) Store

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

1,512
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
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Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Vacant at closing with unfinished basement, attic, and detached rear shed.
Where is this duplex located?
The property is located at 16 WEST 15TH ST Bayonne, NJ.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Legal two‑family residence with 5 bedrooms and 2 full baths; Delivered vacant at closing; Unfinished basement with high ceilings
More about this property
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