Log In/Sign Up
Your email has been sent.
497 Broadway
Bayonne, NJ 07002
Retail Property For Sale


Investment Highlights
- Corner two-story commercial building with basement on Broadway and 23rd Street
- Ground-floor retail space and twelve second-floor offices with large basement
- Excellent access to NJ Turnpike, Routes 1 & 9, and Hudson-Bergen Light Rail
- Approximately 12,400 SF building on an 8,400 SF lot in the Central Business District
- Surrounded by national retailers and major medical institutions
- Strong demographics with over 70,000 residents and $81,000 average household income within one mile
Executive Summary
499 Broadway offers a rare opportunity to acquire a prominent corner commercial property in the heart of Bayonne’s thriving Broadway retail corridor. This two-story building with a full basement spans approximately 12,400 square feet and sits on an 8,400-square-foot corner lot at Broadway and 23rd Street. The property features a large 7,000-square-foot ground-floor retail space that is easily divisible, complemented by twelve offices on the second level and a spacious basement for additional storage or operational needs.
Positioned within Bayonne’s Central Business District, the site provides excellent visibility and accessibility, with convenient connections to the NJ Turnpike and Routes 1 and 9. The property is surrounded by a strong mix of national retailers, including Walmart, Home Depot, Walgreens, Target, 7-Eleven, Dunkin’ Donuts, and Bank of America, ensuring consistent consumer traffic. Dense local demographics further enhance the property’s appeal, with over 70,000 residents and an average household income exceeding $81,000 within a one-mile radius.
Additional benefits include six on-site parking spaces and adjacency to a public parking deck, making it ideal for high-traffic retail or mixed-use redevelopment. The property can be delivered vacant, offering investors and developers maximum flexibility to reposition or redevelop this prime asset in one of Bayonne’s most dynamic corridors.
Positioned within Bayonne’s Central Business District, the site provides excellent visibility and accessibility, with convenient connections to the NJ Turnpike and Routes 1 and 9. The property is surrounded by a strong mix of national retailers, including Walmart, Home Depot, Walgreens, Target, 7-Eleven, Dunkin’ Donuts, and Bank of America, ensuring consistent consumer traffic. Dense local demographics further enhance the property’s appeal, with over 70,000 residents and an average household income exceeding $81,000 within a one-mile radius.
Additional benefits include six on-site parking spaces and adjacency to a public parking deck, making it ideal for high-traffic retail or mixed-use redevelopment. The property can be delivered vacant, offering investors and developers maximum flexibility to reposition or redevelop this prime asset in one of Bayonne’s most dynamic corridors.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
12,400 SF
Building Class
C
Year Built
1920
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.50
Lot Size
0.19 AC
Zoning
CBD - Central Business District- Bayonne
Frontage
Property Taxes
| Parcel Number | 01-00196-0000-00001-01 | Improvements Assessment | $1,498,900 |
| Land Assessment | $484,400 | Total Assessment | $1,983,300 |
Property Taxes
Parcel Number
01-00196-0000-00001-01
Land Assessment
$484,400
Improvements Assessment
$1,498,900
Total Assessment
$1,983,300
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
