Property summary
This exceptional multifamily apartment building, located at 78 W 31st St in Bayonne, New Jersey (zip code 07002), presents a compelling investment opportunity. Priced at $839,900, this property boasts a highly desirable midtown location, offering convenient access to public transportation, shopping centers, and local schools. The building is in very good condition, having recently undergone some upgrades, enhancing its overall appeal and value. While the property itself does not include parking, a public parking lot is conveniently situated directly across the street, providing ample parking options for residents. A significant advantage of this property is its substantial lot size, providing considerable potential for future expansion or improvements. This presents a unique opportunity for an investor to capitalize on the existing structure while exploring possibilities for enhancing the property's value and rental income. The building's strong location and solid condition make it an attractive investment prospect in a thriving New Jersey market. The property's square footage is currently unavailable. Further details are available upon request.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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