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Commercial space For Sale in Bayonne, NJ
 

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MLS# : 250018957

Street : 991 BROADWAY
Price : $759,000
Town : Bayonne, NJ 07002
Annual Taxes : $13,210

PROPERTY DETAILS

PROPERTY DESCRIPTION

Great Investment opportunity to acquire a unique MIXED USE building in Uptown Bayonne!!! Located on the Broadway Ave Commercial Corridor, which is well known for its variety of dining, cafes and shops, making this a high foot traffic location for the commercial space, in addition of being walking distance to the LIGHT RAIL, and the Stephen R. Gregg Park where residences can take advantage of the many recreational amenities and sport facilities, making this a highly desirable location location location!!! This 2 story building, with a nice brick face, features separate entrances to each of the units. No basement, which contributes to it's low maintenance cost! The 1st floor consists of a store front, which includes onsite dining, a commercial kitchen, 2 half baths, with an office room. The rear apartments are currently divided into 2 units but they can be reconfigured. The entire 2nd floor features a spacious 4 bedroom, 1 bath apartment. The property is currently fully rented, generating strong monthly income, with room for upside. Explore your options and schedule a showing today!!!

Amenities

This listing is a courtesy of EXP REALTY LLC
866-201-6210 office, listing agent MORDY ABELESZ

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 (2023):  2.682%
Effective Tax Rate (2023):  2.000%
Compare To Other Towns

Bayonne Market Indicators

PRICE INDEX

Average Price* (12mo):  $527,914
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):  $305,801
Apatments Sold* (12mo):  86
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 (2023):  2.682%
Effective Tax Rate (2023):  2.000%
GENRAL TAX RATE - Bayonne, NJ



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    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


    Managing Partner
    Broker Associate
    646-279-8233 (cell)

    Madisom Adams Broker Associate Helena Lobo-Zagorski


    Sales Associate
    201-724-6913 (cell)

    Madisom Adams Sales Associate Carmela Maggio


    Real estate inventory
    Bayonne
    Homes : $70,000 - 3,995,000 17
    Condos : $189,000 - 725,000 28
    Co-ops : -
    Twnhs : $559,000 - 620,000 3
    2-4 Fam : $460,000 - 2,275,000 38
    5+ Fam : -
    Land : $1,100,000 - 1,100,000 1
    Rentals : $1,650 - 2,700 6
    Mixd Use : $949,999 - 3,690,000 2
    Com S : -
    Com L : -
    Biz : $28,000 - 148,000 4


    99 SEE ALL

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    More 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: 10/31/2025 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2025 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

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    Madison AdamsTM

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