Commercial space For Sale in Bayonne, NJ
 

MLS# : 240003574

Street : 806 BROADWAY
Price : $1,295,000
Town : Bayonne, NJ 07002
Annual Taxes : $23,583

PROPERTY DETAILS

PROPERTY DESCRIPTION

Immaculately refurbished, this 5-unit mixed-use property exemplifies the owner's pride and is presented in exceptional condition. The property comprises a commercial nail salon on the ground floor and four residential units above, with tenants responsible for separate utilities. Each stylish apartment features two bedrooms at opposite ends, private en-suite full baths, and a half guest bathroom. The contemporary open floor plan is accentuated by satin-finish hardwood floors, high ceilings, and central HVAC units. The versatile living area, bathed in natural light, seamlessly transitions to an ultra-modern kitchen equipped with a four-piece Whirlpool® stainless steel appliance package, sleek onyx quartz countertops, and 42" upper cabinets. Shared sun-drenched decks provide a picturesque view of the spacious backyard. The property generates impressive rental income and offers the convenience of a first-level coin-operated laundry room. Located in Bayonne, recognized as Hudson County's premier "Boom Town," the area is undergoing significant new construction, with residential and retail developments on the rise. Additionally, upcoming ferry service to NYC enhances the appeal. The neighborhood boasts an outstanding 87/100 WalkScore.com rating, making it a commuter's dream with proximity to the 34th St. Light Rail Station connecting Bayonne to Jersey City, Hoboken, and the PATH train to Manhattan. The property is strategically situated near schools, local bus lines, major roadways (Rt. 440, Bayonne Bridge to Staten Island, NJ Turnpike), and the Cape Liberty Cruise Port. For shopping enthusiasts, the area offers a diverse range of local neighborhood and big-box retail shops, grocery stores, and restaurants. Hudson County Park, with over 100 acres of waterfront recreation, adds to the appeal of this thriving community.

Amenities

This listing is a courtesy of REALTY ONE GROUP HUDSON LLC
201-656-5800 office, listing agent HIDEE ROBBINS

About Bayonne, NJ Real Estate Market

Situated on a peninsula between Newark Bay, Kill Van Kull and New York Bay in the Gateway Region, Bayonne is a city located in Hudson County of New Jersey state. The city has more than 70,000 people living as residents and was originally formed as a township from the portions of Bergen Township in 1861. In 1869, Bayonne was established as a city by an act of the New Jersey Legislature, which also resulted in the replacement of Bayonne Township.

Apart from having houses belonging to New Jersey real estate, the other forces which drive the economy of Bayonne are traditional manufacturing, maritime activities and distribution. The Cape Liberty Cruise Port located in Bayonne is a part of the Port of New York and New Jersey. Originally inhabited by Native Americans, Bayonne was claimed by the Netherlands when Henry Hudson discovered the Hudson River and places around it.

Spanning over 11.09 square miles, Bayonne shares its borders with Jersey City and is connected to Staten Island by the Bayonne Bridge. The main places of interest in Bayonne are the Bayonne Bridge, which is the fifth-largest steel arch bridge in the world, Bergen Point and a bird sanctuary on Shooters Island.
Population:  60,457
Total Housing Units:  22,712
Single Family Homes:  13,899
Apartments:  8,813
General Tax Rate (2021):  2.611%
Effective Tax Rate (2021):  2.382%
Compare To Other Towns

Bayonne Market Indicators

PRICE INDEX

Average Price* (12mo):  $489,818
Homes Sold* (12mo):  87
PRICE INDEX
SINGLE FAMILY HOME SALES

Bayonne, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX
 

Download Full Home Sales Report

PRICE INDEX

Average Price* (12mo):  $285,389
Apatments Sold* (12mo):  54
PRICE INDEX
APARTMENT SALES

Bayonne, NJ
12 Month Moving Average


1 YR 2 YR 3 YR 5 YR 7 YR MAX

 

Download Full Apartment Sales Report

REAL ESTATE TAXES

General Tax Rate (2021):  2.611%
Effective Tax Rate (2021):  2.382%
GENRAL TAX RATE - Bayonne, NJ



MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Sales Associate
201-725-1170 (cell)

Madisom Adams Sales Associate Juan Carlos Guevara


Sales Associate
201-724-6913 (cell)

Madisom Adams Sales Associate Carmela Maggio


Sales Associate
610-844-6866 (cell)

Madisom Adams Sales Associate Maria Cisneros Martinez


Real estate inventory
Bayonne
Homes : $419,000 - 1,800,000 17 avail
Condos : $169,000 - 649,000 5 avail
Co-ops : -
Twnhs : -
2-4 Fam : $619,000 - 950,000 10 avail
5+ Fam : $1,295,000 - 3,998,888 2 avail
Land : $819,999 - 1,179,000 2 avail
Rentals : $2,090 - 3,200 7 avail
Mixd Use : $1,295,000 - 3,998,888 2 avail
Com S : -
Com L : -
Biz : $45,000 - 850,000 3 avail


Similar Listings in Bayonne

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 05/06/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

(A) Start Address :
(B) End Address : Get Directions

Need More Info

First Name:
Last Name:
E-mail:
Tel:--
Message:
Join Madison Adams
Market Reports



Contact Us

Please read the Consumer Information Statement (CIS)


  

Madison AdamsTM

84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201 760-1100 (office)
201 760-1102 (fax)
office@madisonadams.com