1102 AVENUE C Bayonne, NJ 07002

$475,000
1102 AVENUE C, Bayonne, NJ 07002
Call 1-800-839-1363
170010059

Commercial Property for sale in Bayonne, NJ

for $475,000 with 2 full baths, 1 half bath. The lot size is 19.82x100.

Property Information

  • $475,000
  • 2 Full Baths, 1 Half Bath
  • Commercial
  • Taxes are $7,935
  • Investment
  • Active
  • 3 Floors
  • Lot size of 19.82x100
  • Bayonne, NJ
  • Pamrapo Neighborhood
  • Hudson County
  • MLS/Web ID is 170010059

Description

Prime mixed use investment property, booming up town location. 3 Units include two residential units w/ 2BDs, 5RMS each w/ storage for residential & business. Thriving "American Italian Grill" for commercial business 3 yr lease remains paying $1, 100, 2nd yr $1, 200, 3rd yr $1, 300. Currently offering a gross annual income of 41, 700 with 5% vacancy factored in, net annual operating income of 30, 765 with 6.6% ROI w/ separate utilities. This gem is located in the heart of a hustle & bustle neighborhood w/ great foot traffic & dynamics, it will not last. Close to schools, restaurants, cafe, shops, supermarket, gym, diner & much more. Commuters will appreciate the 45th St Light-Rail Station, buses to JSQ, Exchange Place and a direct non-stop to Wall Street! Great potential on the horizon for major uptown redevelopment(s).

Interior 1

Heating Source

  • Gas

† Excluded Feature

Listed By

Listing Agent: Jeffrey "Jeff" Lee
Broker: Weichert Realtors
Office: Jersey City Exchange Place

1102 AVENUE C, Bayonne, NJ, 07002 is a Commercial Property for sale at $475,000 with a lot size of 19.82x100. 1102 AVENUE C has 2.1 baths. The property's zip code is 07002 which is in Bayonne, NJ

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Market Pricing

Average % of sale price Median % of sale price
All listings in Bayonne $572,870 21 % above $399,000 16 % below
Commerical listings in Bayonne $1,062,584 124 % above $699,450 47 % above

Get the facts about Bayonne, NJ!

Population 64,500
Population Growth (since 2000) 4 %
Median Income $56,916
Median Age 39.23
Households w/ Children 29 %

Residential Dwellings

  • Owned 9987
  • Vacant 2355
  • Rented 15865

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