Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

552-554 Avenue C
Bayonne, NJ 07002
Multifamily Property For Sale · 32 Units

Investment Highlights

  • 6.30% cap rate with 26% rental upside in Bayonne, NJ
  • Commercial units can be converted into two-bedroom apartments
  • Boilers and hot water heaters replaced 2 years ago
  • 46 of 48 units are free market — maximum rent flexibility
  • All units separately metered; tenants pay gas, heat, hot water & electric
  • 1-minute walk to PATH Train bus stop; 40-minute commute to Manhattan

Executive Summary

Broker of Record
Patrick Forde
License # 122887, 2330333 (NJ)
Matthews Real Estate Investment Services, Inc
300 Frank W Burr Blvd, Suite 440 Teaneck, NJ 07666
(866) 889-0550

Property Facts

Price Per Unit $193,250
Sale Type Investment
Cap Rate 6.50%
No. Units 32
Property Type
Multifamily
  • Multifamily Apartments
Building Size 21,600 SF
No. Stories 4
Year Built 1950

Property Taxes

Property Taxes

Parcel Number
01-00189-0000-00038
Land Assessment
$305,800
Improvements Assessment
$1,095,100
Total Assessment
$1,400,900
  • Listing ID: 42021485

  • Date on Market: 9/2/2026

  • Last Updated:

  • Address: 552-554 Avenue C, Bayonne, NJ 07002

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}