Mixed-Use Building with
For Sale
$1,250,000
725-727 BROADWAY, Bayonne, NJ 07002
3-4 Family, Contemporary, Bayonne, NJ
Property Size3,464 SF
Lot Size0.09 Acres
Price / SF$360.85
Days on Market10
Property Features for 725-727 BROADWAY
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 5, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 7, Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 8, Basement, Bathroom 3
Directions
33 and 32 Street
Subdivision
Bayonne
Standard status
Active
Lot size
0.09 Acres
Amenities
central air conditioning
split-system A/C
Building Details
Architectural style
Contemporary
Listing Agency:
KELLER WILLIAMS CITY LIFE REALTY · Keller Williams Realty
(201) 659-8600
Listed By:
LIHUI ZHAO · License #1867061
(201) 659-8600
Added: Aug 19
Changed: Aug 22
Last Checked: Aug 28 at 9:06PM
MLS# 260016665
Copyright © 2026 Realty MLS, Inc. 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.
This contemporary mixed-use property contains 3,464 SF on a 50' x 80' lot. The first level is configured as a professional office with five private offices and central air conditioning. Its lease runs through October 15, 2026. Two residential apartments occupy the second floor, each with split-system A/C.
A private driveway at the rear provides parking for 5+ vehicles. The property is located at 725-727 Broadway in Bayonne's Broadway business district, near shopping, restaurants, public transportation, and major highways. An underground oil tank beneath the driveway has been filled with sand and is being sold as is.
A private driveway at the rear provides parking for 5+ vehicles. The property is located at 725-727 Broadway in Bayonne's Broadway business district, near shopping, restaurants, public transportation, and major highways. An underground oil tank beneath the driveway has been filled with sand and is being sold as is.
Key Highlights
- 3,464 SF mixed‑use building on a 50' x 80' lot
- First‑floor professional office includes 5 private offices and central air conditioning
- Office lease in place through October 15, 2026
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,156
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.57%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,143,120
$1.1M
Cap Rate 7%
$816,514
$816.5K
Cap Rate 9%
$635,067
$635.1K
Market Conditions
NOI Build-Up for 3,464 SF
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.
Gross rent
$103.9K $30.00/SF
− Vacancy
−$12.5K −$3.60/SF
EGI
$91.4K $26.40/SF
− OpEx
−$34.3K −$9.90/SF
NOI
$57.2K $16.50/SF
Area
Hudson County, NJ
Vacancy
12.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,143,120
Cap Rate 7%
$816,514
Cap Rate 9%
$635,067
Alternative Uses
Best Use
Mixed Use
$816.5K
$714.5K – $952.6K
NOI $57,156 @ 7.0% cap · market cap 4.57%
Second Best
Apartment 5plus
$761.0K
$665.9K – $887.8K
NOI $53,269 @ 7.0% cap · market cap 4.26%
Theoretical Best
Warehouse
$1.25M
$1.10M – $1.46M
NOI $87,804 @ 7.0% cap · market cap 7.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,351
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two residential apartments sit above a leased professional office with central air conditioning.
Where is this mixed-use property located?
The property is located at 725-727 BROADWAY Bayonne, NJ.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 3,464 SF mixed‑use building on a 50' x 80' lot; First‑floor professional office includes 5 private offices and central air conditioning; Office lease in place through October 15, 2026
