Renovated Duplex with
99 W 50th St, Bayonne, NJ 07002
For Sale
$895,000
Vacant two-family residence with updated interiors, private outdoor areas, and flexible owner-occupant or rental use.
Property Size1,768 SF
Price / SF$506.22
Days on Market51
Property Features for 99 W 50th St
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Resources Real Estate
Listed By:
Sahar I Karykous · License #1866222
(732) 915-0926
Source:
Soldbypattie
Added: Sep 20
Changed: Oct 25
Last Checked: Oct 7 at 5:32PM
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 Resources Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 99 50th Street in Bayonne’s North Bayonne/Uptown section, this vacant duplex contains 1,768 square feet and was built in 1920 before undergoing a complete renovation. Each apartment offers three bedrooms, two full bathrooms, a modern kitchen with stainless steel appliances, quartz countertops, contemporary cabinetry, and private outdoor space. The finished walk-out basement adds flexible space, a full bathroom, and laundry equipment.
The property includes off-street parking and is positioned on a primarily residential block near Broadway shopping and dining, parks, NJ Transit bus service, and the 45th Street Hudson-Bergen Light Rail station. Both units are delivered vacant, allowing the next owner to occupy one apartment, lease both, or combine personal use with rental income. The configuration also provides updated finishes and separate living spaces within a two-family home.
The property includes off-street parking and is positioned on a primarily residential block near Broadway shopping and dining, parks, NJ Transit bus service, and the 45th Street Hudson-Bergen Light Rail station. Both units are delivered vacant, allowing the next owner to occupy one apartment, lease both, or combine personal use with rental income. The configuration also provides updated finishes and separate living spaces within a two-family home.
Key Highlights
- Two‑family duplex with 1,768 square feet, built in 1920 and completely renovated
- Each apartment includes 3 bedrooms, 2 full bathrooms, a modern kitchen, and private outdoor space
- Kitchens feature stainless steel appliances, quartz countertops, and modern cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,590
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,800
$591.8K
Cap Rate 7%
$422,714
$422.7K
Cap Rate 9%
$328,778
$328.8K
Market Conditions
NOI Build-Up for 1,768 SF
Gross rent
$45.2K $25.56/SF
− Vacancy
−$2.9K −$1.65/SF
EGI
$42.3K $23.91/SF
− OpEx
−$12.7K −$7.17/SF
NOI
$29.6K $16.74/SF
Area
Hudson County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,800
Cap Rate 7%
$422,714
Cap Rate 9%
$328,778
Alternative Uses
Best Use
Multifamily LT 5
$422.7K
$369.9K – $493.2K
NOI $29,590 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$388.4K
$339.9K – $453.1K
NOI $27,188 @ 7.0% cap · market cap 3.04%
Theoretical Best
Warehouse
$640.2K
$560.2K – $746.9K
NOI $44,815 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
1,060
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Duplexes in Bayonne
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Vacant two-family residence with updated interiors, private outdoor areas, and flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 99 W 50th St Bayonne, NJ.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Two‑family duplex with 1,768 square feet, built in 1920 and completely renovated; Each apartment includes 3 bedrooms, 2 full bathrooms, a modern kitchen, and private outdoor space; Kitchens feature stainless steel appliances, quartz countertops, and modern cabinetry
