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Mixed-Use Property with Retail Frontage
New
For Sale
$2,099,000

449-451 AVENUE C, Bayonne, NJ 07002

Ground-floor retail is combined with four residential apartments, separate entrances, and separately metered utilities.

Property SizeContact for details
Days on Market3

Property Features for 449-451 AVENUE C

General Information

Standard status Active
Property subtype Investment

Additional Details

Frontage 50 ft

Building Details

Year Renovated 2011
Buildings 1
Stories 3
Tenancy Multi
Listing Agency: REMAX VILLA REALTORS
Listed By: GARY PALERMO · License #1112515
Source: Propertiesbysouthern
Added: Aug 31 Changed: Sep 1 Last Checked: Sep 1 at 10:18PM

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 REMAX VILLA REALTORS

Investment Insights

Based on property information with market context.

This mixed-use property in Bayonne combines two ground-floor retail units with four residential apartments on the second and third floors. The residential component includes one three-bedroom unit and three two-bedroom units, with separate entrances for the upper floors and separate utilities. One retail space is vacant and has been built out for medical use.

The property offers approximately 50 feet of retail frontage along Avenue C. Plumbing and electrical systems have been updated, and the roof was replaced in 2021 following a 2011 renovation. A State Inspection Green Card remains valid through 2027. A common-area meter serves shared areas.

Key Highlights

  • Approximately 50 ft of retail frontage on Avenue C
  • Two ground‑floor retail units, including one vacant medical build‑out
  • Four residential rentals: one 3‑bedroom and three 2‑bedroom units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Computer & Electronic Repair Tech Support Center Travel Agency Carpet & Flooring Store (Bike/Boat/Book/etc) Store Catering Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,181
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

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?
Mixed-use property - Ground-floor retail is combined with four residential apartments, separate entrances, and separately metered utilities.
Where is this mixed-use property located?
The property is located at 449-451 AVENUE C Bayonne, NJ.
What is the asking price?
The asking price for this property is $2,099,000.
What are key features of this property?
This property features: Approximately 50 ft of retail frontage on Avenue C; Two ground‑floor retail units, including one vacant medical build‑out; Four residential rentals: one 3‑bedroom and three 2‑bedroom units
More about this property
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