497 Avenue A - Apartments FOR SALE


Bayonne, NJ 07002- Constable Hook
$969,000 USD
201-978-1110
497 Avenue A, Bayonne, NJ for Sale
$969,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

497 Avenue A
Bayonne, NJ 07002
Constable Hook


HIGHLIGHTS

  • Conveniently located in Midtown Bayonne, close to shopping, dining, transportation, and major commuter routes.
  • Positioned in a prime location

OVERVIEW

This is prime time! Introducing a rare four-family opportunity in Midtown Bayonne, offering strong potential for both investors and owner-occupants. Situated on a corner property, this building features a total of 8 bedrooms and 4 bathrooms, with each unit offering 2 bedrooms and 1 full bath, providing flexibility for repositioning, renovation, or long-term rental strategy. Each unit offers a functional layout with a blend of modern touches and classic charm, including open and inviting living spaces, well-proportioned bedrooms, and abundant natural light throughout. Three of the four units have been renovated/updated within the last two years, adding to the property’s overall appeal.The home includes a large partially finished basement with additional usable space, ideal for storage or future possibilities. Separate utilities and multi-level layout further support a range of potential uses. Corner positioning may offer additional possibilities, including the potential for a curb cut and off-street parking, subject to municipal approvals. Well-suited for those looking to expand or establish a real estate portfolio, this property presents a value-add opportunity with long-term upside potential. Conveniently located in Midtown Bayonne, close to shopping, dining, transportation, and major commuter routes. A compelling opportunity in a location that continues to see strong demand. Don’t miss this investment opportunity. Please request any financial documents from your realtor.

FOR SALE DETAILS

PRICE

$969,000 USD

PRICE/SF

$269 USD /SF

# OF UNITS

4

PRICE/UNIT

$242,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,738 SF

ZONING

R2

APN/PARCEL ID

01-00213-0000-00020

ASK ABOUT THIS PROPERTY

Chris PiechockiKeller Williams City Life JC RealtyMore Info
201-978-1110

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

Chris PiechockiKeller Williams City Life JC RealtyMore Info
201-978-1110

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