548 Avenue C, Bayonne, NJ 07002
16-unit multifamily property with rental upside in Bayonne, NJ.
- Added:
- Feb 12, 2026
- Days on Market:
- 137
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 548 Avenue C
General Information
- Standard status
- Active
- Size
- 11,700 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1920
Listing office Matthews
Listing date Feb 12, 2026
Source Crexi
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 Matthews
HighLights
- 16‑Unit Multifamily Gem
- 6.50% Cap Rate
- 23% Rental Upside
- Fully Free Market
- Renovated
- Built in 1920
Overview
Local Financial Insights For Apartment 5plus
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 | $351.0k | $30.00 |
| − Vacancy | −$23.9k | −$2.04 |
| EGI | $327.1k | $27.96 |
| − OpEx | −$147.2k | −$12.58 |
| NOI | $179.9k | $15.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Bayonne
- County
- Hudson
- State
- New Jersey
- Longitude
- -74.1193596
- Latitude
- 40.6659723
