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488 Broadway 3,449 SF Retail Building Bayonne, NJ 07002 $1,100,000 ($318.93/SF)
INVESTMENT HIGHLIGHTS
- Through Lot
- Neighbors RWJ Barnabas Hospital
- Heavy Power & Grease Trap
EXECUTIVE SUMMARY
Great opportunity for well maintained Commercial building in the heart of Bayonne’s CBD steps from RWJ Barnabas Hospital and Atlantic Health Care multi Level Medical Arts Building. Former Radiology center was purchased and now operates as an edible arrangements with infrastructure for food preparation or can revert to former MRI center or other Commercial use. Notable building features are heavy electric, grease trap, structural support for imagining system, rear egress to back street for easy drop off of patients or deliveries. Broadway is a high-traffic area ideal for walk-in patients and ensuring visibility for any medical practice. The site is near the 22nd st Light Rail station which is 0.3 miles away granting access for all neighboring towns. Specifically it is 0.2miles from Hospital.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,449 SF
Building Class
C
Year Built/Renovated
1950/2005
Price
$1,100,000
Price Per SF
$318.93
Tenancy
Single
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.97
Lot Size
0.08 AC
Zoning
CBD - CBD
AMENITIES
- Atrium
Walk Score®
Very Walkable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 01-00205-0000-00004 | Total Assessment | $642,200 (2025) |
| Land Assessment | $240,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $402,200 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
01-00205-0000-00004
Land Assessment
$240,000 (2025)
Improvements Assessment
$402,200 (2025)
Total Assessment
$642,200 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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488 Broadway
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