Renovated Two-Unit
99 W 50th Street, Bayonne, NJ 07002
For Sale
$895,000
Multi-Family, Bayonne, NJ
Property Size2,350 SF
Lot Size0.05 Acres
Price / SF$380.85
Days on Market53
Property Features for 99 W 50th Street
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Patio and Porch features
Basement
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
private outdoor areas
off-street parking
finished walk-out basement
gym
washer and dryer
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Resources Real Estate
Listed By:
Sahar I Karykous · License #1866222
(732) 212-0440
Added: Sep 18
Changed: Nov 2
Last Checked: Nov 9 at 6:06AM
MLS# 22629721
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.
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Investment Insights
Based on property information with market context.
This renovated two-unit duplex contains 2,350 square feet on a 0.05-acre lot. Each apartment has three bedrooms, two full bathrooms, a renovated kitchen with stainless steel appliances and quartz countertops, and private outdoor space. A finished walk-out basement adds a full bathroom, washer and dryer, and flexible space. The property also has off-street parking, a patio, central air conditioning, and forced-air heating.
The home is approximately 9 miles from Lower Manhattan. Broadway shopping and dining, parks, NJ Transit bus service, and the 45th Street Hudson-Bergen Light Rail are nearby. The light rail connects with Jersey City, Hoboken, the PATH, and New York City.
The home is approximately 9 miles from Lower Manhattan. Broadway shopping and dining, parks, NJ Transit bus service, and the 45th Street Hudson-Bergen Light Rail are nearby. The light rail connects with Jersey City, Hoboken, the PATH, and New York City.
Key Highlights
- Two apartments, each with 3 bedrooms and 2 full bathrooms
- 2,350 square feet on a 0.05‑acre lot
- Finished walk‑out basement with full bathroom, washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,330
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$786,600
$786.6K
Cap Rate 7%
$561,857
$561.9K
Cap Rate 9%
$437,000
$437.0K
Market Conditions
NOI Build-Up for 2,350 SF
Gross rent
$60.1K $25.56/SF
− Vacancy
−$3.9K −$1.65/SF
EGI
$56.2K $23.91/SF
− OpEx
−$16.9K −$7.17/SF
NOI
$39.3K $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%
$786,600
Cap Rate 7%
$561,857
Cap Rate 9%
$437,000
Alternative Uses
Best Use
Multifamily LT 5
$561.9K
$491.6K – $655.5K
NOI $39,330 @ 7.0% cap · market cap 4.39%
Second Best
Apartment 5plus
$516.3K
$451.7K – $602.3K
NOI $36,138 @ 7.0% cap · market cap 4.04%
Theoretical Best
Warehouse
$851.0K
$744.6K – $992.8K
NOI $59,567 @ 7.0% cap · market cap 6.66%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
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
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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 - Both residences offer private outdoor space, with additional finished space in the walk-out basement.
Where is this duplex located?
The property is located at 99 W 50th Street 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 apartments, each with 3 bedrooms and 2 full bathrooms; 2,350 square feet on a 0.05‑acre lot; Finished walk‑out basement with full bathroom, washer and dryer
