431-437 Kennedy Blvd - Apartments FOR SALE


Bayonne, NJ 07002- Constable Hook
$11,500,000 USD
201-953-9532
431-437 Kennedy Blvd, Bayonne, NJ for Sale
$11,500,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

431-437 Kennedy Blvd
Bayonne, NJ 07002
Constable Hook


HIGHLIGHTS

  • $350+/mo Rent Upside
  • Diverse Market-Rate Unit Mix Studio to Three-Bedroom Residential Offerings
  • Less than 30 MIN TO NYC via Train
  • Prime Transit Access NJ-440 & I-78
  • Steps to Broadway Bayonne’s Top Retail Corridor
  • 4-Min Drive to Nearby Train Station to NYC

OVERVIEW

Kennedy Bay Residences is a highly desirable, four-story, 56-unit multifamily asset situated on a 0.26-acre lot in Bayonne. The property showcases a classic, wellmaintained brick exterior and offers a diverse selection of residences, including studio, one, two, and three-bedroom units, all thoughtfully modernized to meet contemporary renter expectations. Each unit provides a comfortable and functional living environment, reflecting quality upkeep and modern appeal throughout the building. As a fully stabilized investment, the property delivers strong and consistent rental income, positioning it as a compelling long-term core-plus opportunity within one of Hudson County’s fastest-appreciating submarkets. The location offers exceptional connectivity and lifestyle appeal, positioned directly along the vital Kennedy Boulevard corridor. Residents enjoy strong walkability, with the vibrant Broadway Shopping District, home to a wide range of retail and dining options, just a short distance away. For regional travel, the property is a quick 4-minute drive to the 22nd Street Station, providing an efficient commute to New York City in approximately 30 minutes via HBLR and PATH connections. This transitoriented setting, paired with proximity to major employment centers such as Bayonne Medical Center, the City of Bayonne, Amazon, and Royal Wine Corp., supports sustained renter demand. Additionally, access to nearby amenities, including the scenic Bayonne Golf Club, further enhances the property’s long-term viability as a premier residential asset. For additional information visit: https://kennedybay.hudsonatlantic.com

FOR SALE DETAILS

PRICE

$11,500,000 USD

PRICE/SF

$257 USD /SF

# OF UNITS

56

PRICE/UNIT

$205,357

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

R-2

APN/PARCEL ID

01-00244-0000-00021,01-00244-0000-00022,01-00244-0000-00023

ASK ABOUT THIS PROPERTY

Adam ZweibelHudson Atlantic RealtyMore Info
201-953-9532

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Adam ZweibelHudson Atlantic RealtyMore Info
201-953-9532

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.