659 Kennedy Boulevard Bayonne, NJ 07002
MULTI_FAMILY - Bayonne, NJ
Property Features for 659 Kennedy Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3, Basement
- Parking features
- On Street
- Patio and Porch features
- Deck
- Exterior features
- Deck
- Fireplace
- 1
- Basement
- Walk-Out Access, Full
- Standard status
- Pending
- APN
- 01-00181-0000-00015
- Size
- 1,900 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8542
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Brick
- Roof type
- Flat
Listing agent Carla Colucci License #1866972 (732) 867-8617
Listing office RE/MAX Revolution 1218 Third Avenue, Wall, NJ (732) 867-8617
Listing date Apr 12, 2026
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- Legal two‑family home with two 2‑bedroom units and 1 full bathroom each
- Two‑tier back deck with access from both units leading to a sizable backyard
- Full basement with plenty of storage
Local Financial Insights For Multifamily LT 5
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 | $48.6k | $25.56 |
| − Vacancy | −$3.1k | −$1.65 |
| EGI | $45.4k | $23.91 |
| − OpEx | −$13.6k | −$7.17 |
| NOI | $31.8k | $16.74 |
