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Property profile

151 Ctr St Bayonne, NJ 07002

OFF-MARKET
Retail properties & Spaces
Built 2021
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Property summary

AI-generated overview

This exceptional retail opportunity is located within 151 Bay, a vibrant mixed-use development in downtown Bayonne, New Jersey. The property, completed in 2021, offers multiple spaces ranging from 850 to 1,700 square feet, ideal for restaurants or service-based businesses. Situated at 151 E Centre St, 07002, this Class A space benefits from high ceilings, abundant natural light, and dedicated pull-up parking spaces for tenants. The building is part of a larger 1000-unit mixed-use project, ensuring high foot traffic and visibility. Its prime location along Centre Street and Route 440 provides excellent access and exposure. The development is adjacent to public transportation, a new Costco, and over 1,000 existing residential units, with plans for thousands more, along with hotels and additional retail space. The remaining retail space features convenient access from the main lobby. The building includes three buildings with six stories and 30 total parking spaces, and elevators are available. This is a unique chance to establish a business in a thriving, rapidly growing community.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2021

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

151 Ctr St Bayonne, NJ 07002
Bayonne metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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