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Brick Mixed-Use Building with Storefront

383 Avenue C Bayonne Bayonne, NJ 07002

New

383 Avenue C Bayonne, Bayonne, NJ, 07002

$1,500,000

For Sale

$1,500,000

Solid brick mixed-use property with five residential units and a ground-floor storefront plus updated rooftop and utility separation.

Property Size5,235 SF

Price / SF$286.53

AddedJul 10

Days on Market5

Last RefreshJul 11 at 3:32 am

Property Features for 383 Avenue C Bayonne

General Information

Standard status: Active
Size: 5,235 SF

Building Details

Year Built: 1978

Listing office

Listing date Jul 10, 2026

Source Remaxwelcomehomenj

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 Jillian Chianese

Investment Insights

Based on property information with market context.

This solid brick mixed-use property features five residential units and a ground-floor storefront. The residential layout includes two 3-bedroom apartments and three 2-bedroom apartments. Improvements include a new silver-coated flat roof, wood and vinyl tile flooring, a full basement, and a private backyard.

The building is set up with 7 separate electrical meters and 6 gas meters. Each unit has an individual gas water heater and gas heating units, supporting independent utility management. A fire escape is also included for safety.

Located at 383 Avenue C in Bayonne, NJ, the property offers an income-producing configuration combining multiple residential units with retail space on the ground level.

Key Highlights

Mixed‑use solid brick building with 5 residential units plus a ground‑floor storefront
Unit mix includes two 3‑bedroom apartments and three 2‑bedroom apartments
Year built 1978; 5,235 SF total building area with a full basement and private backyard

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$157.1k	$30.00
− Vacancy	−$10.7k	−$2.04
EGI	$146.4k	$27.96
− OpEx	−$65.9k	−$12.58
NOI	$80.5k	$15.38

5,235 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$1.15M

$1.01M – $1.34M (±1% cap)

NOI $80,504 @ 7.0% cap · market cap 5.37%

Second Best

Retail

$1.07M

$934.0K – $1.25M (±1% cap)

NOI $74,721 @ 7.0% cap · market cap 4.98%

Theoretical Best

Warehouse

$1.90M

$1.66M – $2.21M (±1% cap)

NOI $132,695 @ 7.0% cap · market cap 8.85%

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

Property Analytics

Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

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For sale
Apartment buildings
NJ
Bayonne
07002
383 Avenue C Bayonne

What type of property is this?

Apartment building - Solid brick mixed-use property with five residential units and a ground-floor storefront plus updated rooftop and utility separation.

Where is this apartment building located?

The property is located at 383 Avenue C Bayonne Bayonne, NJ.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Mixed‑use solid brick building with 5 residential units plus a ground‑floor storefront; Unit mix includes two 3‑bedroom apartments and three 2‑bedroom apartments; Year built 1978; 5,235 SF total building area with a full basement and private backyard