Technical
Financial
Distress signals
Property profile

56 Hook Rd Bayonne, NJ 07002

FOR SALE
Industrial properties
Property ID
US59-1838487
1.5 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
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56 Hook Rd, Bayonne, NJ 07002 For Sale
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56 Hook Rd, Bayonne, NJ 07002
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Property summary

AI-generated overview

This exceptional 44,000-square-foot industrial distribution warehouse is ideally situated in Bayonne, New Jersey, at 56 Hook Rd, 07002. The property boasts a single-story, Class B building constructed on a 1.5-acre lot within a permitted industrial zoning area. Renovated in 2020, the warehouse offers significant operational advantages. The high ceilings, ranging from 12 to 14 feet, provide ample vertical space for efficient storage and handling of goods. Three loading docks ensure smooth and efficient loading and unloading operations. The building's substantial size, with 32,200 square feet on the ground floor, provides ample space for various distribution needs. Its location in Hudson County, New Jersey, offers easy access to major transportation arteries, making it a strategic location for businesses requiring seamless logistics. This property presents a compelling opportunity for businesses seeking a well-maintained, spacious, and strategically located distribution center in a thriving industrial area. The property's recent renovation ensures modern functionality and efficiency. This is a turnkey solution for businesses seeking immediate occupancy and operational readiness.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction BRICK
Lot 1.5 ac (65,340 SF)
APN 01 00426-0000-00002
UPID US59-1838487

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electronics & Wireless Store (Bike/Boat/Book/etc) Store

Location

56 Hook Rd Bayonne, NJ 07002
Bayonne metro Census 10800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.08M

Owner & transaction history

since 2022
Last sale
$5.3M
7 recorded transactions
2022
Price N/A
2022
$5.3M
2019
Price N/A
2011
$1.0M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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