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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

Price $969,000
Price Per Unit $242,250
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.04 AC
Building Size 3,600 SF
Average Occupancy 100%
No. Stories 2
Year Built 1960
Zoning R2 - Residential

Amenities

Unit Amenities

  • Dishwasher
  • Kitchen
  • Refrigerator
  • Oven

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 - -
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
01-00213-0000-00020
Land Assessment
$127,300
Improvements Assessment
$406,300
Total Assessment
$533,600
  • Listing ID: 40103911

  • Date on Market: 4/10/2026

  • Last Updated:

  • Address: 497 Avenue A, Bayonne, NJ 07002

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