14 Cooper St, Bayonne, NJ 07002
This exceptional five-unit apartment building presents a compelling investment opportunity in the thriving Bayonne, New Jersey market. Located at 14 Cooper Street, this property boasts a prime location within walking distance of public transportation, offering easy access to NYC. The building, constructed in 1920 and featuring three stories, is zoned R2 and currently operates as a fully occupied, income-generating asset. The property includes a mix of meticulously renovated units: one spacious three-bedroom, one-bathroom apartment and four modernized two-bedroom units, all equipped with stainless steel appliances. Separate utilities and recently installed new boilers contribute to efficient management and reduced maintenance costs. Additional features include basement hookups for two washer/dryer units and a sizable backyard for tenant use. Importantly, the property is free of oil tanks, a fact verified by existing inspection reports. All necessary certificates and inspections are up-to-date, ensuring compliance and providing peace of mind to the new owner. This turnkey investment offers immediate rental income and significant growth potential in a highly desirable area. The asking price is $1,999,900. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a strategic location.
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.