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32-Unit Apartment Building
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552 Avenue C, Bayonne, NJ 07002

Apartment building located in Bayonne, New Jersey.

Property SizeContact for details
Days on Market9

Property Features for 552 Avenue C

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Cap Rate 6.5%
Multifamily Units 32
Listing Agency: Matthews
Listed By: David Ferber · License #1974915
Source: Crexi
Added: Sep 2 Changed: Sep 9 Last Checked: Sep 10 at 7:01AM

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

Investment Insights

Based on property information with market context.

This Bayonne apartment building contains 32 units and is presented as a multifamily property. The asset carries a 6.50% cap rate based on the available listing information.

The property is identified in Bayonne, New Jersey, with Manhattan approximately 40 minutes away. Its apartment-building classification supports continued multifamily use.

Key Highlights

  • 32‑unit apartment building
  • 6.50% cap rate
  • Located in Bayonne, New Jersey

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

32
Residential units

Location Intelligence

Trade Area within ½ mile

2,413
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?
Apartment building - Apartment building located in Bayonne, New Jersey.
Where is this apartment building located?
The property is located at 552 Avenue C Bayonne, NJ.
What is the asking price?
The asking price for this property is $6,184,000.
What are key features of this property?
This property features: 32‑unit apartment building; 6.50% cap rate; Located in Bayonne, New Jersey
More about this property
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