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Property profile & analytics
OFF-MARKET
Apartment buildings

78 31St St Bayonne, NJ 07002

1 SF
Property ID
Property summary
AI-generated overview

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
Verified
Property type Apartment buildings
Total area 1 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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