Commercial space For Sale in Bayonne, NJ
MLS# : 260010744
PROPERTY DETAILS
PROPERTY DESCRIPTION
Exceptional mixed-use investment opportunity in the heart of Bayonne's vibrant Village District. This well-maintained three-unit property features a highly visible commercial storefront at street level and two spacious residential apartments, offering an ideal blend of stable income and future upside. Generating a cap rate well above 6.5% at average market rents, this presents a compelling opportunity for both investors and owner-occupants. Both apartments will be delivered vacant, providing immediate flexibility to maximize rents, occupy a unit, or customize the space to suit your investment strategy. The residential apartments are in great condition with generous layouts, highlighted by an expansive top-floor duplex featuring oversized rooms and abundant living space rarely found in today's market. The commercial storefront benefits from strong pedestrian visibility and consistent neighborhood activity. Located in Bayonne's sought-after Village District, residents and business owners alike enjoy being surrounded by an eclectic mix of cafés, restaurants, boutiques, bookstores, art galleries, and local businesses that give the neighborhood its unique character and appeal. Convenient access to transportation, major highways, and nearby waterfront destinations further enhances the property's desirability.
Amenities
This listing is a courtesy of SERHANT NEW JERSEY LLC
973-315-5959 office, listing agent JACQUELINE C GRECO
About Bayonne, NJ Real Estate Market
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: | 70,468 |
| Total Housing Units: | 30,161 |
| Single Family Homes: | 4,330 |
| Apartments: | 25,768 |
| General Tax Rate (2025): | 2.880% |
| Effective Tax Rate (2025): | 1.987% |
| Compare To Other Towns |
Bayonne Market Indicators
PRICE INDEX
| Average Price* (12mo): | $554,012 |
| Homes Sold* (12mo): | 91 |
SINGLE FAMILY HOME SALES
Bayonne, NJ
PRICE INDEX
| Average Price* (12mo): | $300,682 |
| Apatments Sold* (12mo): | 91 |
APARTMENT SALES
Bayonne, NJ
REAL ESTATE TAXES
| General Tax Rate (2025): | 2.880% |
| Effective Tax Rate (2025): | 1.987% |
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MADISON ADAMSTM
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)
