78 31St St Bayonne, NJ 07002
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.