Mixed-Use Building with
167 Avenue E Bayonne, NJ 07002
167 Avenue E, Bayonne, NJ, 07002
$1,200,000
For Sale
$1,200,000
Four-unit residential building with bar/venue and outdoor patio.
Property Size6,000 SF
Lot Size0.06 Acres
Price / SF$200
Days on Market160
Property Features for 167 Avenue E
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 0.06 Acres
- Property subtype
- Commercial
Listing Agency
GODBY REALTORS
(973) 539-9151
Listed by
KATHRYN ORAM
Source
Corcoran
Added: Feb 8 Checked: Jul 17 at 3:54 am
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 GODBY REALTORS
Investment Insights
Based on property information with market context.
This mixed-use property features a four-unit residential building and a bar/venue. The bar/venue includes a full kitchen, stage, and bar area. A large outdoor patio is a notable feature. The property is located in Bayonne, New Jersey. The sale includes the real property.
Key Highlights
- Four‑unit residential building with additional Bar/Venue.
- Located in thriving Bayonne, NJ.
- Bar/Venue includes a full kitchen, stage, and bar area.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $153.4k | $25.56 |
| − Vacancy | −$9.9k | −$1.65 |
| EGI | $143.5k | $23.91 |
| − OpEx | −$43.0k | −$7.17 |
| NOI | $100.4k | $16.74 |
6,000 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.43M
$1.26M – $1.67M
NOI $100,417 @ 7.0% cap · market cap 8.37%
Second Best
Mixed Use
$1.41M
$1.24M – $1.65M
NOI $99,000 @ 7.0% cap · market cap 8.25%
Theoretical Best
Warehouse
$2.17M
$1.90M – $2.53M
NOI $152,086 @ 7.0% cap · market cap 12.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Four-unit residential building with bar/venue and outdoor patio.
Where is this mixed-use property located?
The property is located at 167 Avenue E 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: Four‑unit residential building with additional Bar/Venue.; Located in thriving Bayonne, NJ.; Bar/Venue includes a full kitchen, stage, and bar area.
