Two-Story Corner
New
For Sale
$859,000
200 BROADWAY, Bayonne, NJ 07002
The interior can function as one retail premises or be divided into three distinct spaces.
Property Size2,858 SF
Lot Size0.05 Acres
Price / SF$300.56
Days on Market4
Property Features for 200 BROADWAY
General Information
Standard status
Active
Size
2,858 SF
Lot size
0.05 Acres
Property subtype
Retail
Additional Details
Corner Location
Yes
Building Details
Year Built
1976
Buildings
1
Stories
2
Construction
brick
Listing Agency:
COSTANZA & PROVIDENCE REAL ESTATE AGENCY INC.
Listed By:
ANDREW DIAZ · License #2672018
(201) 436-1000
Source:
Propertiesbysouthern
Added: Oct 5
Changed: Oct 7
Last Checked: Oct 7 at 2:04PM
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 COSTANZA & PROVIDENCE REAL ESTATE AGENCY INC.
Investment Insights
Based on property information with market context.
This two-story brick storefront occupies a corner parcel at Broadway and 7th Street in Bayonne’s Bergen Point area. Built in 1976 and substantially renovated after its 2013 purchase, the building has updated finishes, layout, mechanical systems, plumbing, and electrical service. Its approximately 2,858 square feet can be arranged as a single premises or three spaces measuring about 750, 1,300, and 808 square feet. A fenced yard of approximately 10 by 19 feet is also included.
The storefront faces Broadway, with the building positioned at the intersection of Broadway and 7th Street. The lot measures about 25 by 92.8 feet.
The storefront faces Broadway, with the building positioned at the intersection of Broadway and 7th Street. The lot measures about 25 by 92.8 feet.
Key Highlights
- Two‑story brick storefront building, built in 1976
- Approximately 2,858 square feet, configurable as one premises or three spaces
- Three‑space layout measures about 750, 1,300, and 808 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,793
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$815,860
$815.9K
Cap Rate 7%
$582,757
$582.8K
Cap Rate 9%
$453,256
$453.3K
Market Conditions
NOI Build-Up for 2,858 SF
Gross rent
$61.7K $21.60/SF
− Vacancy
−$3.5K −$1.21/SF
EGI
$58.3K $20.39/SF
− OpEx
−$17.5K −$6.12/SF
NOI
$40.8K $14.27/SF
Area
Hudson County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$815,860
Cap Rate 7%
$582,757
Cap Rate 9%
$453,256
Alternative Uses
Best Use
Retail
$582.8K
$509.9K – $679.9K
NOI $40,793 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.03M
$905.6K – $1.21M
NOI $72,444 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
853
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - The interior can function as one retail premises or be divided into three distinct spaces.
Where is this storefront property located?
The property is located at 200 BROADWAY Bayonne, NJ.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: Two‑story brick storefront building, built in 1976; Approximately 2,858 square feet, configurable as one premises or three spaces; Three‑space layout measures about 750, 1,300, and 808 square feet
