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35 E 26th St 7 Unit Apartment Building $1,000,000 ($142,857/Unit) Bayonne, NJ 07002
Executive Summary
Incredible Opportunity for Owner-Occupant or Investor – Income-Producing Multi-Family Property with newly issued State of NJ Inspection Certificate. Don’t miss this rare chance to own a fully income-generating multi-family property in the heart of Bayonne’s vibrant Town Center! Featuring two detached buildings situated on a 4,375 sq. ft. lot, this property is ideal for both investors and owner-occupants. Front Building has 6 spacious 1-bedroom units Each unit has separate heating, gas, and electric meters. Full unfinished basement with multiple storage bins, Rear Building currently configured as a single-family home features 3 bedrooms, 1 full bath, and 6 rooms total. Full basement with separate heating, hot water, gas, and electric. The property is registered as an eight unit dwelling. Prime Midtown Bayonne location – steps to shopping, dining, and entertainment, Close to 22nd Street Light Rail, bus lines, and major highways. This is a turn-key opportunity with significant upside potential in a rapidly growing area. Whether you're looking to live in one unit and rent the rest, or add to your investment portfolio, this property delivers!
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$14,042
|
$3.30
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$14,042
|
$3.30
|
Financial Summary (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $14,042 |
| Annual Per SF | $3.30 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $14,042 |
| Annual Per SF | $3.30 |
Property Facts
| Price | $1,000,000 | Building Class | C |
| Price Per Unit | $142,857 | Lot Size | 0.10 AC |
| Sale Type | Investment | Building Size | 4,251 SF |
| No. Units | 7 | Average Occupancy | 30% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1990 |
| Apartment Style | Low-Rise | ||
| Zoning | R-2 - Commercial | ||
| Price | $1,000,000 |
| Price Per Unit | $142,857 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 4,251 SF |
| Average Occupancy | 30% |
| No. Stories | 3 |
| Year Built | 1990 |
| Zoning | R-2 - Commercial |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
1 1
Very walkable
80/100
Moderately drivable
60/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 01-00179-0000-00008 | Total Assessment | $502,200 (2025) |
| Land Assessment | $305,000 (2025) | Annual Taxes | $14,042 ($3.30/SF) |
| Improvements Assessment | $197,200 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
01-00179-0000-00008
Land Assessment
$305,000 (2025)
Improvements Assessment
$197,200 (2025)
Total Assessment
$502,200 (2025)
Annual Taxes
$14,042 ($3.30/SF)
Tax Year
2024
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Contact the Sale Advisor
35 E 26th St