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Three-Story Triplex Property
For Sale
$1,299,000

82 W 34Th St 2, Bayonne, NJ 07002

Residential income asset with central air, natural gas systems, finished basement, and walk-out access.

Property Size3,148 SF
Price / SF$412.64
Days on Market8

Property Features for 82 W 34Th St 2

General Information

Standard status Active
Size 3,148 SF
Property subtype Residential Income
Zoning 2 Bldgs 3U To

Taxes and HOA fees

Annual Taxes $21,951

Amenities

Central Air
Baseboard, Forced Air, Natural Gas, Wood
Finished, Full, Walk-Out Access
Gas Water Heater
Off Street
Barbecue
3-Three Story, Triplex

Building Details

Building Size 3,148 SF
Year Built 1915
Stories 3
Listing Agency:
Listed By: JEFFREY LEE
Source: Evrealestate
Added: Jul 29 Changed: Aug 4 Last Checked: Aug 5 at 6:13AM

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 JEFFREY LEE

Investment Insights

Based on property information with market context.

This multifamily property is configured as a three-story triplex and was built in 1915. The property size is 3,148, with interior features including central air, baseboard and forced-air heating, natural gas service, and a gas water heater. The finished full basement includes walk-out access. Exterior features include off-street parking and a barbecue area.

Located at 82 W 34th St 2 in Bayonne City, New Jersey, the property sits between Avenue C and Kennedy Blvd in Hudson County. The combination of three residential units, multiple heating systems, finished lower-level space, and off-street parking defines the available physical configuration.

Key Highlights

  • Three‑story triplex configuration
  • 3,148 property size
  • Built in 1915

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 $94.4k $30.00
− Vacancy −$6.4k −$2.04
EGI $88.0k $27.96
− OpEx −$39.6k −$12.58
NOI $48.4k $15.38
3,148 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$691.6K
$605.1K – $806.8K (±1% cap)
NOI $48,410 @ 7.0% cap · market cap 3.73%
Second Best
no second resolved use
Theoretical Best
Warehouse
$1.14M
$997.4K – $1.33M (±1% cap)
NOI $79,795 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store Tech Support Center Carpet & Flooring Store Bed & Breakfast 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.

Location Intelligence

Trade Area within ½ mile

2,119
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Residential income asset with central air, natural gas systems, finished basement, and walk-out access.
Where is this multifamily property located?
The property is located at 82 W 34Th St 2 Bayonne, NJ.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Three‑story triplex configuration; 3,148 property size; Built in 1915
More about this property
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