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Investment Highlights
- Conveniently located in Midtown Bayonne, close to shopping, dining, transportation, and major commuter routes.
- Positioned in a prime location
Executive Summary
This is prime time! Introducing a rare four-family opportunity in Midtown Bayonne, offering strong potential for both investors and owner-occupants. Situated on a corner property, this building features a total of 8 bedrooms and 4 bathrooms, with each unit offering 2 bedrooms and 1 full bath, providing flexibility for repositioning, renovation, or long-term rental strategy. Each unit offers a functional layout with a blend of modern touches and classic charm, including open and inviting living spaces, well-proportioned bedrooms, and abundant natural light throughout. Three of the four units have been renovated/updated within the last two years, adding to the property’s overall appeal.The home includes a large partially finished basement with additional usable space, ideal for storage or future possibilities. Separate utilities and multi-level layout further support a range of potential uses. Corner positioning may offer additional possibilities, including the potential for a curb cut and off-street parking, subject to municipal approvals. Well-suited for those looking to expand or establish a real estate portfolio, this property presents a value-add opportunity with long-term upside potential. Conveniently located in Midtown Bayonne, close to shopping, dining, transportation, and major commuter routes. A compelling opportunity in a location that continues to see strong demand. Don’t miss this investment opportunity. Please request any financial documents from your realtor.
Property Facts
Amenities
Unit Amenities
- Dishwasher
- Kitchen
- Refrigerator
- Oven
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 01-00213-0000-00020 | Improvements Assessment | $406,300 |
| Land Assessment | $127,300 | Total Assessment | $533,600 |
Property Taxes
Parcel Number
01-00213-0000-00020
Land Assessment
$127,300
Improvements Assessment
$406,300
Total Assessment
$533,600
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497 Avenue A
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