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Property profile & analytics

502 Broadway Bayonne, NJ 07002-3712

  • Commercial real estate
  • 2,835 SF
  • 0.08 lot acres
OFF-MARKET
Value Estimations
$505,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US59-3103937
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 502 Broadway

Construction
BRICK
Lot size
0.08 lot acres
Property size
2,835 SF
Property type
Commercial real estate
APN
01 00197-0000-00008
APU
100197000000008

Description

This exceptional retail space, located at 502 Broadway, Unit 1, in Bayonne, New Jersey, presents a fantastic opportunity for a discerning business owner. Situated on Broadway, this property benefits from high foot traffic and excellent street visibility, ensuring maximum exposure for your enterprise. The unit is offered for lease at a monthly rate of $3,000. While the exact square footage is not currently specified, the property's prime location within a bustling commercial area makes it an ideal choice for a variety of retail businesses. The address is easily accessible, offering convenient access for both customers and employees. This is a rare opportunity to establish a presence in a thriving Bayonne commercial district. The property is categorized as retail, suggesting its suitability for a wide range of businesses, from boutiques and cafes to service-oriented enterprises. Interested parties are encouraged to inquire further to explore the potential of this exceptional retail space and to discuss lease terms. The property is located in a dynamic area with significant potential for growth and success. This is a turnkey opportunity to establish a thriving business in a high-demand location. The lease price represents a competitive rate for a property of this caliber in this desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $330,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $667,000
    Market price range: $579k - $1.02M
    AI Estimate
    $306,000
    Market price range: $232k - $506k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $785,000
    Current use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Bayonne
County
Hudson
State
New Jersey
Longitude
-74.1177
Latitude
40.664
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$10,145
$262,200
$100,000
$362,200
-
$262,200
$100,000
$362,200
More about this property
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