Three-Story Triplex
For Sale
$1,299,000
82 W 34th St Unit 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 Market82
Property Features for 82 W 34th St Unit 2
General Information
Standard status
Active
Size
3,148 SF
Property subtype
Multi-Family
Building Details
Year Built
1915
Listing Agency:
WEICHERT REALTORS
Listed By:
JEFFREY LEE
(201) 333-4443
Source:
Luminancerealty
Added: Aug 3
Changed: Oct 20
Last Checked: Oct 23 at 12:27PM
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 WEICHERT REALTORS
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$48,410
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$968,200
$968.2K
Cap Rate 7%
$691,571
$691.6K
Cap Rate 9%
$537,889
$537.9K
Market Conditions
NOI Build-Up for 3,148 SF
Gross rent
$94.4K $30.00/SF
− Vacancy
−$6.4K −$2.04/SF
EGI
$88.0K $27.96/SF
− OpEx
−$39.6K −$12.58/SF
NOI
$48.4K $15.38/SF
Area
Hudson County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$968,200
Cap Rate 7%
$691,571
Cap Rate 9%
$537,889
Alternative Uses
Best Use
Apartment 5plus
$691.6K
$605.1K – $806.8K
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
NOI $79,795 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
2,119
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
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 Unit 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
