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Prime Corner Location in Bayonne
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493 Broadway, Bayonne, NJ 07002

Excellent visibility in a densely populated area near medical center.

Space SizeContact for details
Days on Market876

Property Features for 493 Broadway

General Information

Standard status Active
Class A
Property subtype Retail, Office

Building Details

Tenancy Multiple
Listing Agency: KW NJ Metro Group
Listed By: Konrad Konik · License #NJ SP41881
Source: Crexi
Added: Mar 21, 2024 Changed: Aug 8 Last Checked: Aug 8 at 2:58PM

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 KW NJ Metro Group

Investment Insights

Based on property information with market context.

This commercial property is situated on a prime corner location in downtown Bayonne, across from a new RWJ Barnabas medical center. The property benefits from excellent visibility, featuring 55 feet of frontage. The location experiences high traffic, with over 12,000 cars passing by daily. The surrounding area is densely populated, with approximately 512,000 residents within a 5-mile radius. The property is suitable for retail or office use.

Key Highlights

  • Prime corner location in downtown Bayonne.
  • Excellent visibility with 55 feet of frontage.
  • High traffic count: Over 12,000 cars/day.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Computer & Electronic Repair Nursing Home (Bike/Boat/Book/etc) Store Tech Support Center Veterinary Clinic 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,140
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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Excellent visibility in a densely populated area near medical center.
Where is this retail space located?
The property is located at 493 Broadway Bayonne, NJ.
What are key features of this property?
This property features: Prime corner location in downtown Bayonne.; Excellent visibility with **55 feet of frontage**.; High traffic count: Over 12,000 cars/day.
More about this property
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